among the top of the 38,600 who wrote one of the three tests worldwide.

In Bermuda 136 candidates wrote the exam. Of that number nine successfully completed the three-year programme and were awarded their Chartered Financial Analyst designation.

Of those who wrote the first year exam, 73 percent passed, compared to 59 percent worldwide. In Bermuda 69 percent of the second year candidates passed, compared to 62 percent worldwide, and 67 percent of the final year candidates passed compared to 59 percent worldwide.

The Bermuda Society of Financial Analysts was formed in 1988 with the objectives of encouraging the development of the profession on the Island.