PNG Insight Blog

CFA Exam Results and Pass Rates

You will receive a result of "pass" or "fail" along with information on your topic-level performance. Candidates who pass Level III will not receive detailed results.)

Candidates can use the CFA Institute exam performance guide to help them interpret their result reports.

CFA Institute will notify you when your official exam results are available. After candidates receive their CFA exam results, they may register for the next exam.

CFA encourages candidates who do not pass to use the exam result information to guide their studies and to re-take the exam at a later date.

Candidates can take as much time as they need before registering for the next exam.

CFA Exam Results Date

The results for the CFA Level I and II exams are available within 60 days of the exam date and within 90 days for the CFA Level III exam.

Individual candidate results are released only to the candidate and are never released to a third party; however, lists of passing candidates are provided to societies for membership purposes.

Detailed exam scores and responses to exam questions are measurement information and part of a candidate's test record, both of which are owned solely by CFA Institute. This information is not given to candidates.

CFA Exam Results

Exam results are expected to be available approximately 8-10 weeks after the close of an exam window for Level I/Level II, and approximately 10 weeks for Level III.

After all testing is completed and the exam window closes, CFA Institute begins conducting a thorough analysis of exam questions/candidate performance to identify the minimum passing score (MPS) that represents basic competence in the subject matter.

For Level III grading, hundreds of CFA charterholders will participate in an essay grading event. The Board of Governors will then convene to approve the MPS. Rigorous quality control processes and data quality review steps are completed to ensure results are presented accurately to all tested candidates.

Candidates will receive periodic messages to keep them updated on the progress of exam results, and additional information will be published to this page as it becomes available.

CFA Exam Minimum Passing Score

After each exam administration, the CFA Institute Board of Governors sets the minimum passing score (MPS) for each level.

The purpose for this approach is to ensure fairness to candidates across administrations as the difficulty of each test is taken into account when setting the MPS. CFA Institute does not release the MPS or individual candidate scores.

*Exam results are available for approximately one year after the test date. After this date, candidates may prove their status with CFA Program by generating and downloading a verification letter from the Verification Letter section in their Account Profile.

The verification letter will confirm a “pass” or “fail” exam result, but the topic area performance summary will not be available.

CFA Exam Pass Rates

Below are the CFA Program Level I–III exam pass rates for each of the most recent exams administered.

CFA Level I Exam Pass Rate

August 2021 CFA Level I exam pass rate: 26%

CFA Level II Exam Pass Rate

August 2021 CFA Level II exam pass rate: 29%

CFA Level III Exam Pass Rate

August 2021 CFA Level III exam pass rate: 39%

Source: CFA Website

Flexible Open and Distance Education 2024 FODE Application Info

The PNG government and Education Department realised that there is a need to focus on Flexible, Open and Distance Education. This realisation comes at the back of unprecedented growth in the number of students leaving school are Grades 8, 10 and 12 as a result of the Free Education Policy.

If you are a student wanting to upgrade your marks or continue your education with FODE, you'll find this article useful. We have compiled the information from the FODE website and the latest articles to give you the best head-start.

(Want to work as a Data Collector in the 2024 National Census nationwide? Here is how to apply)

What is Flexible, Open and Distance Education

The National Education Department recognises that distance education is an important means to deliver education.

Flexible, Open and Distance Education (FODE) is mandated to offer a distance learning pathway as an integral part of the National Education System.

FODE is a School at home, where students study the same primary and secondary education curriculum in their own time, in their own homes, and at their own pace.

FODE is ideally:

the alternative choice for students who decide to study at home, in an open and flexible environment.
for continuing education for students who for various reasons cannot continue their education in the mainstream school system.
the second chance education for the upgrading of grades/results of their grades 10 and 12 certificates

Why the emphasis on flexible, open and distance education

The number of students dropping out of primary and secondary schools is alarming (link here). The PNG govt through the Education Ministry and the National Education Department have seen that the best way to address the problem is through FODE.

Here is what the new Education Minister said about the FODE enrolment…

‘A team from the Education Department is working on a plan to have all school leavers absorbed into the [FODE] system….this is so we can reduce the number of student dropouts doing nothing out there.’ Jimmy Uguro, MP

Who is eligible for FODE

FODE students can be school leavers, disabled people, employed or unemployed, teenagers or adult, single or married. Anyone who wishes to improve his/her education can study at FODE.

Students studying at FODE are classified as either Full Correspondence (FC) students or Upgrader Students (US).

FC – FODE students who are studying ALL the courses from Grades 7 – 12

·US – students who are upgrading marks for certain courses at FODE

FODE Application form 2024

The FODE study centres open in February of every year. If you are trying to get the FODE application form for 2024, check out your nearest study centre. The FODE staff are always helpful, they’ll help you out.

It is perhaps important to note that you visit your FODE centre to get the latest information. The support staff and professional staff will be happy to answer any questions you may have in regard to the:

FODE application forms,
enrolment info for FC and US,0
starting dates,
entry test and
fees.

For those in Port Moresby and Central Province, visit the FODE centre near the Australian High Commission, Waigani.

How to enrol at FODE

FODE enrolment points include the 22 Provincial Centres, located in the main towns. The FODE Provincial Centre or FODE Study Centre nearest to you administers the entry test, PET. The entry test measures the English and Mathematical ability level of new students who wish to continue their education FODE. If you are in Lae, check out DODL- Unitech, or in Port Moresby, UPNG Open Campus.

Here is how to enrol at a FODE:

Discuss your intention to study with FODE Support Staff at the provincial FODE centres (recommended).
All the students enrolling for the first time with FODE must do the Pre-Enrolment Test (PET).
Pay a compulsory entry test fee of K50 into the FODE account.
Sit for the English and Mathematics entry test.
You answer sheets will be corrected at the provincial marking centre.
Check the entry test result at your FODE centre.
If you pass the test, you may enrol at FODE. If you fail, you will re-sit the entry test at a later time.

Some centres are charging a K75 entry test fee. To avoid any inconveniences, it is recommended that all *new* students contact their FODE centres.

PNG FODE Approved Course Programs

For Grades 7 and 8, you are required to do all six (6) subjects.

For Grades 9 and 10, you must complete five (5) subjects and one (1) optional to be certified. Business Studies and Design & Technology Computing are optional.

For Grade 11 and 12: the subjects are in line with the Upper Secondary Approved Matriculation and align with the courses offered in conventional secondary schools throughout the country.

2023 FODE application for Grade 11 and 12 subjects

Note: From the above three subject streams, the selection of Option One is based on the PET test result placement criteria.

Important: For newly enrolled students and continuing students who are FODE, please download the detailed subject and study outline for Grades 7 & 8, 9 & 10 and 11 & 12.

FODE Education Strategic Direction

Vision

“Papua New Guineans have grade 12 equivalency education and certification through flexible open distance education”

Mission

“Pursuing quality national education through flexible open distance education (FODE) by harnessing all appropriate and affordable technologies”

New Ireland Mean Rating Index (MRI)

Dr Malpo also touched on the need to improve the provinces Mean Rating Index (MRI) which is the performance average of students per school.

“ We must aspire to give our best to each individual student if we are to see an improvement in our MRI’s. And the MRI’s have a correlation with the quality of teachers we have in our schools.

We need qualified teachers and we must endeavour to get all teachers to Bachelor level,” said Dr Malpo.

Flexible Open Distant Education ( FODE)

The need for the introduction of more Flexible Open Distant Education ( FODE) into the province was also discussed. With the Educationists stating that just because a student does not do well through the normal education system does not mean that they are failures.

Work on the setting up of the New Ireland University and Namatanai Technical college also continues.

Taking in the issues and suggestions by the Education team Governor Sir J relayed that while the New Ireland Government could not fix all the dilemma’s faced by the Education sector it could intervene in areas that are within the policy framework.

He said his Government through the subsidy division has been actively allocating funds directly to schools and has separate funding specifically for the upskilling of teachers who wish to pursue higher degrees and encouraged them to utilize the program.

For infrastructure development he made particular emphasis on the West Coast Kulube was picked to have a new high school built. He encouraged the Education Division to think new when it came to the construction of the school.

Separate meetings will be conducted to discuss more on the rollout of Education infrastructure in the province.

Governor’s School of Excellence

The Governor’s School of Excellence located at the Our Lady of the Sacred Heart (OLSH) International School is another positive outcome of Government policy.

With a number of students selected through the policy getting high grades last year.

Sir J thanked the Education Division representatives for taking time to really take stock of the current status of Education in the province, outlining areas of weakness and offering constructive solutions to improve the sector.

“ We cannot solve all the problems but we must adjust our priorities. We all have our good and bad sides, we just need to choose and create a balance to move forward,” said Sir J.

New Ireland Education Students Population

According to New Ireland Education, it operates 560 schools. With a school a population of over 59, 765 and 2,160 teachers. The Province has improved its effort to deliver quality education across all sectors of education.

In 2019 grade 10s and 12s placed New Ireland in the Top 5 amongst other secondary schools in the country. NIP overall mean average index was 10 behind Pom, East New Britain and East Sepik.

In 2020 the Covid pandemic contributed to almost 2 months of out of class time for all students in schools. The lost times were catered for through rearranged timetabling and extra classes in most of the examinable grades ( 8,10,12). According to results for performance in examinations for grade 8, the cut-off mark was 75 out of 150. The highest score was 146/150. For Grade 10 the MRI was 77%. All high schools moved up by 1 point. Lihir Secondary school came 10th in the country.

Source: New Ireland Provincial Govt Media Unit

Bostwana PSLE, JCE and BGCSE Exam Results 2023

Examination results for the Primary School Leaving Examination (PSLE), Junior Certificate Examination (JCE) and Botswana General Certificate of Secondary Examination (BGCSE) are available online.

The release of results is communicated each and every year through various media.

Latest update January 2023: The JCE (and PLSE) results for 2023 are out. Click here to find out how to download your JCE results online and check the results via SMS.

PLSE BGCSE jce exam result 2023 - Malepa Online results

Latest update on PSLE, JCE and BGCSE Exam Results

Here, you'll find the latest news and updates on PSLE, JCE and BGCSE Examination dates and Results that we collect from newspapers and the Botswana govt website news page.

How to check Bostwana PSLE, JCE and BGCSE Exam Results?

Students can be accessed the Bostwana PSLE, JCE and BGCSE Exam Results via SMS or online.

A) Text message (SMS)

For BGCSE:

Compose a text message (SMS) comprising; Center number, candidate number, candidate surname (include space between the parameters) and send SMS to 16688. Example: BW500 0001 Moithuti

For JCE:

Compose a text message (SMS) comprising; Examination level, Center number, candidate number, candidate surname (include space between the parameters) and send SMS to 16688. Example: JCE JC0500 0001 Moithuti

For PSLE:

Compose a text message (SMS) comprising of; Examination level, Center number, candidate number, candidate surname (include space between the parameters) and send SMS to 16688. Example: PSLE PS0500 0001 Moithuti.

B) Botswana Examinations Council website

Log in to www.bec.co.bw
Indicate examination
Indicate Year
Enter Center number
Enter Candidate number
Enter Candidate surname
Click "show results"

How to get PLSE results 2023

1. Individual Candidates: Candidates will be able to access the results through the BEC Website www.bec.co.bw as well as through the SMS line 16688 across all mobile networks.

2. Distribution to Centres: The results will be distributed to the Regional Offices and to the Centres through courier services.

3. Distribution to Regional Offices: Regional Offices will access the results reports through the Malepa system as well as CDs which will be delivered through courier services.