Sign up  |  Log in

CAIA L2

When do we anticipate results- late April/early May? L1 results went down to last day in Sep.

Review the key concepts and receive exam tips just before you take the exam!

early May

Just spoke with a buddy who just received good news on L1. Told him that I hope we’re not forming a study group come May….

I see the L2 study guide for Sept is out….the wait is excruciating!

Anybody hear anything about the pass rate for L1 this year? I wonder if it is at all indicative of what we can expect……

i’m expecting a higher curve given the newly introduced integrated topics

L1 passing rates is 63%

Wow, that seems pretty low , relative to recent testing cohorts, no? Virtual, I hope you’re right….

what were previous pass rates for Level II? Anyone have that info?

I think as high as 70 ish and as low as 60 ish. I think they were on the higher end in September.

VirtualSly1125 wrote:

what were previous pass rates for Level II? Anyone have that info?

Alts40 is essentially correct.  L2 Pass Rate has historically ranged from 56% to 70%.  Last go around it was 66%:

https://en.wikipedia.org/wiki/Chartered_Alternative_Investment_Analyst#H...

However, just like a mutual fund disclaimer, “past performance is no guarantee of future results”…

Is Level 2 noticeably harder than level 1 or is it more likely that I’m just unfamiliar with the concepts?   I just got through the first 2 chapters of the Wiley Level 2 book and I’m already nervous. 

Apart from the obvious in difficulty, once you get into it I am sure it will fit together. Focus on the forest before the trees.

AlphaBee wrote:

Apart from the obvious in difficulty, once you get into it I am sure it will fit together. Focus on the forest before the trees.

Thanks for the encouragement.  You are definitely correct.  I’m really curious to see the pass rates for level 2.  This will be the first test with the new curriculum.  It seems like they want the pass rate to decrease.  We should have gotten this certification a year ago…lol.

Did anybody get a marketing E-Mail from CAIA Association for a Retake for Level II? Normally you get these E-Mails when you didn’t pass surprise

Alaaeldeen wrote:

Did anybody get a marketing E-Mail from CAIA Association for a Retake for Level II? Normally you get these E-Mails when you didn’t pass surprise

They sent an apology E-Mail, it was a mistake and results are expected May 5th, not a good Omen anyway!!!

Alaaeldeen wrote:

They sent an apology E-Mail, it was a mistake and results are expected Mai 5th, not a good omen anyway!!!

I got the email about signing up for L2 after having taken it last month.  Thanks for letting us know about the apology email.

I had actually put the test out of my mind for the past few days only to have it back now…

In the erroneous email did they have any information about the pass rate for the level 2 March exam? 

It’s hard to imagine that we’ve got another four weeks to wait. I’m still trying to figure out, in my head, the raw # that will get it done. 

The overzealous BD guy from CAIA also sent me the email to retake. Either it’s a mistake or they speed marked my magnum opus. 

Osirus0830 wrote:

In the erroneous email did they have any information about the pass rate for the level 2 March exam? 

No, just apology and when the grades are expected to come out. Quote: “on or before May 5, 2017.”

Did anyone who received the erroneous email regarding registration for September 2017 Level II exam NOT receive the follow up apology email?

My friend and I received the emails saying register for September LEvel II but neither of us received the apology email. Hopefully it is not a bad sign. 

angryI received that silly email for retaking too, and the CAIA association offered apology through email also. This is very unprofessional as well. 

on the other hand, Kaplan HK is not professional as well. I had purchased their notes in January, and finally got the practice exam book in early February due to the syllabus change ( They claimed that0

This CAIA level 2 was challenging and hopefully I pass it and focus on CFA soon. i hope the pass mark will be 63 to 66% and i should manage to pass it. 

Yeah, 63 to 66 as a passing score is what I’m hoping for/ what I suspect I need. I think a lot will come down to how strict they are with grading the essays. I have zero sense of how generous they’ll be with partial credit, for example.In my mind, I’ve probably assigned a lower score, in my head, for the essays than I may ultimately receive. I find myself way less stressed about this and I’m just at the point where I’m sitting back and waiting.

Just got a L2 Candidate Survey from CAIA Candidate Relations.  Anyone else get a survey as well?

Just got a survey too.  I didn’t receive the apology email from the BD guy though. Hopefully it is not a bad sign.

I also received one. Many of the questions are about the level 2 exam, the amount of time and resources used to study.

Alts40 wrote:

Yeah, 63 to 66 as a passing score is what I’m hoping for/ what I suspect I need. I think a lot will come down to how strict they are with grading the essays. I have zero sense of how generous they’ll be with partial credit, for example.In my mind, I’ve probably assigned a lower score, in my head, for the essays than I may ultimately receive. I find myself way less stressed about this and I’m just at the point where I’m sitting back and waiting.

I agree with all of this.  Well, only 22 days or so until the results are released.

In most case scenarios, the result should be released around 24th April with respect to previous Level 2 result release date

Any, the best reward of taking any pro exams are not to take it again! ( cost perspective)cheeky