To pass your CFA exam, you have to meet the minimum passing score (MPS) set individually for each ended exam. The MPS may vary from year to year, but our best guess is that it probably never exceeds 70 percent. Neither the MPS nor individual candidate score information is ever released to the public. We have also found out that if you are slightly below the MPS, there is an “ethics adjustment,” meaning that the institute will look at your marks on “ethics” and may pass you based on that.