CFA Stats - 38% on June includes those who did not sit the exam?

[futureEAFI]

In Madrid it felt like a good 8-10% of candidates did not sit the exam; there were empty seats.
I was wondering, in the pass rate provided by the CFA Institute, do they consider enrolled candidates or only the ones who actually took the exam?

 

[Alladin]

only those who took the exam

 

[genuinecfa]

I took my exam in Dubai. I too felt that an approx 6 to 7 % students must have not turned up.
@Alladin Are you sure? Is CFAI the source?

 

[shaharyar]

From the CFA Institute “Our Fifth Decade” paper
“Pass rates are calculated from those candidates who actually sat for the examination. Approximately 25 percent of enrolled candidates who register do not sit for the examination (are no-shows) each year.”
See Page 11, second paragraph under “Pass Rates”
http://www.cfainstitute.org/cfaprogram/documents/the_cfa_program_our_fifth_decade.pdf

 

[genuinecfa]

@shaharyar
Thanks

 

[genuinecfa]

@shaharyar
Thanks

 

[I-will-pass]

Twice again…sorry.

 

[I-will-pass]

Although, and I am repeating myself: if you subtract all those, that show up without
a) the right calculator
b) pencil
c) the right name in the passport
d) a clue, because they started to study +-3 weeks prior to the exam…etc
Simply put: if you substract all those, that have not put in a minimum of sweat and dedication, your pass rate should be substantially higher and thus a better indicator. Especially taking into account, that there is no rescheduling nor refund. There is basically no upside, just downside to not show up. I expect those to account for a fairly high percentage of the total. How many of them are amongst us? Hard to guess. I would probably say between 10% and 20%? Makes the pass rates look much better in average!!!