is frm tougher than cfa 
frm exams are tough but not as difficult as the cfa exams the pass rates for frm part 1 fall in the range of 40 to 50 in 2023 the pass rate was 45 for part 2 they range between 50 and 60 with a rate of 53 in 2023 4for the cfa exams historical pass rates for level 1 and level 2 are generally in the range of 35 to 50 level 3 pass rates are usually in the ballpark of 50 5 it s this combination of lower pass rates and the additional exam that makes the cfa tougher than the frm 