ChatGPT wouldn't be able to pass all levels of the exam required to get become a CFA.
GPT-4 did better than ChatGPT and could pass the first two levels of the exam with enough prompting.
According to a study, ChatGPT couldn't pass the chartered financial analyst exam—a benchmark qualification for many finance professionals across Wall Street.
According to the CFA institute, only 38% of test-takers who took the level one exam in February 2023 passed.
"GPT-4 would have a decent chance of passing the CFA Level I and Level II if prompted with [few shot] and/or [chain of thought scenarios]," the researchers wrote.
Persons:
wouldn't, ChatGPT, —, couldn't, OpenAI —, it's
Organizations:
CFA, JPMorgan, Service, Wall