10,874 Candidates Applied for the 2020 CPA First Exam... Competition Ratio 4.94 to 1
[Asia Economy Reporter Ji-hwan Park] The Financial Supervisory Service announced on the 22nd that a total of 10,874 candidates applied for this year's first round of the Certified Public Accountant (CPA) exam, recording a competition rate of 4.94 to 1.
The number of applicants increased by 1,197 (12.4%) compared to last year. Accordingly, the competition rate also slightly rose from 4.84 to 1 last year.
The number of applicants had decreased for three consecutive years since 2016 but turned to an upward trend this year. Among the applicants, 62.6% were male, and females accounted for 37.4%. The proportion of female applicants has been continuously increasing since it was 31.7% in 2017.
The average age of applicants was 26.5 years old, with those in their late 20s making up the largest portion at 46.9%. Applicants currently enrolled in university accounted for 62.2%, and 77.6% majored in business-related fields.
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The locations and times for the first exam will be announced on the 31st of this month, and the exam date is scheduled for the 23rd of next month. Successful candidates will be announced on April 3rd.
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