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CFA Institute Exam Result June 2009 worldwide CFA exam results

CFA Institute, the preeminent global body of investment professionals, has announced that 45% of 104,111 current and aspiring investment professionals worldwide passed its June 2009 CFA exams.

Hosted at 256 test centers in 182 cities worldwide, candidates must sequentially pass three six-hour exams to earn the CFA charter, widely considered to be among the most rigorous in the investment profession.

Within these figures, CFA Institute is also pleased to announce that an increasing number of candidates from the Middle East, representing all six of the GCC countries as well as Egypt, Jordan and Lebanon, also passed their CFA exams.

A total of 35% of the 2,383 candidates that sat for the exam in the region were successful compared to 33% of 2,228 exam candidates achieved last year (June 2008).

Earlier this summer CFA Institute announced that a record number of 6,227 investment professionals from the Middle East & Africa regions registered for the CFA exams, reaffirming their commitment to the highest level of professionalism within the investment community. This represented a 26% increase in candidates from last year.

Those who passed the Level III exam, 9,597 candidates around the world, will begin receiving their CFA charters in early October 2009, provided that they also have completed the minimum work experience requirement of four years in the investment industry, signed a commitment to abide by the CFA Institute Code of Ethics and Standards of Professional Conduct, apply to a CFA Institute society, and become a member of CFA Institute.