nytimes September 30, 2021 11:00am How The Coronavirus Pandemic Made The CFA Test Tougher #testsandexaminations #cfainstitute #businessschools #markshowards #oaktreecapitalgroupllc #coronavirus2019ncov #news Only 35% Pass Wall St.’s Toughest Test. How Much Does That Matter? This summer, a record low number of C.F.A. test takers passed the first level of the notoriously difficult exams, reviving an old debate about the merits of the qualification.