Analysis of factors relating to success on the CFP® certification examination
DOI:
https://doi.org/10.61190/fsr.v14i1.4813Keywords:
Statistical Tests of Association, CFP Certification Examination;Abstract
We analyzed survey data from examinees of six administrations of the CFP® Certification Examination between November 1999 and November 2001. We observed increases in the proportions of examinees that work in insurance and as attorneys, and in the proportion of persons whose highest degree is a baccalaureate. We updated earlier work on factors associated with success on the examination. One new result is that exam preparation, in hours per week, is positively associated with performance on the examination. The five variables that are most predictive of performance on the examination are exam retake (yes, no), primary business activity, registered program, SAT score, and holding a CPA license.
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