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How'd you guys do?

How do you guys feel like you did on the exam? I went through and marked each answer as confident, fairly confident or not sure for all the questions. Assumed I got 90% of the confident ones right, 50% of the fairly confident ones right and 33% of the not sure ones right and am estimating about 70% with that. I’m hoping that’s enough to pass me.

Didn’t feel like any one section was too hard. Equities and derivatives were easier than expected while fixed income and quantitative methods were harder than I expected (I was consistently scoring 90-100% in these sections on mock exams)

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Interesting. I thought Ethics, Quant, and Econ were relatively smooth in both AM and PM. Then FRA came and slowed me down big time. 

That wasn’t to say I found Quant hard, just harder than I was expecting. That’s one of the sections I feel fairly confident I got >70% in. FRA got me in both the AM/PM sections but I’ve known that would be the case for the past month despite how much I tried to target my studying towards it. There’s just an ungodly amount of information to remember relative to the other sections.

True, but overall I’d say it felt slightly easier than Kaplan and CFAI mocks. 

I felt like Econ was the hardest for some reason

Economics might have got the best of me, FRA given my Accounting background was a breeze, everithing else was as expected, hope for the best though

Felt great about it. PM was easier for me than AM although ethics was a bit more of a challenge. There were only a handful of questions in each portion that really stumped me. Needless to say I was relieved but for some reason I am still anxious about the results!

The afternoon session was better for me. In terms of topics, Ethics, Portfolio management and derivatives were more challenging. The fact that i wasn’t feeling well didn’t help matters. However,through the grace of the Jehovah, i somehow made it through both sessions. 

Alts was lovely

PM FRA felt like it was 80 questions long.

AM FRA was the easiest FRA section of any paper I’d done

Just to be doubly sure, can we give generic statements about the exam i.e. found it easy etc just not discuss what did or did not come up and specific questions? Don’t want to get myself in trouble just after the exam do I!

You can give generic statements about how you felt (aka hard/easy), but nothing specific relating to questions. Best to just play it safe, the risk is great and the rewards are minimal.

Analyst0601 wrote:

Alts was lovely

I thought so too. I feel like AM I got 100%, and PM had a couple slam dunk ones.

Also think I did fairly well in derivatives but I don’t want to be hubristic. 

Did better on Ethics, Quant, Econ, FRA than expected . PM, AI, and Derivatives were a little tricky so a lot of educated guesses there.

Does anyone else think the actual exam was a lot easier than Wiley/CFAI mock exams? I don’t know if its good to be fairly confident since I was getting between 65s - 70 on Wiley/CFA practice exams.. gonna be an anxious wait till end of July..

I thought the exam was very trick missed 15 questions 

Johnpart1 wrote:

Did better on Ethics, Quant, Econ, FRA than expected . PM, AI, and Derivatives were a little tricky so a lot of educated guesses there.

Does anyone else think the actual exam was a lot easier than Wiley/CFAI mock exams? I don’t know if its good to be fairly confident since I was getting between 65s - 70 on Wiley/CFA practice exams.. gonna be an anxious wait till end of July..

Easier? I think so in at least it was more straightforward, but I think it was a bit harder (FRA particularly) because CFAI felt it was really prudent to test you on the outer limits of your studying with random glossary terms.

When are results posted? Does everyone receive an email?

what you guys think the pass rate would be? did you guys feel that it was bit too easy…i had tough times with economics and 2nd session quants. also had many guesses at equity. FRA in bth sessions were saisfactory though…not sure about ethics

didnt recieve any yet but aleast 5 weeks

chris765243 wrote:

When are results posted? Does everyone receive an email?

You’ll get an email. Won’t be until late July. They’ll announce the result date here in a few weeks.

Most of AM was definitely trickier than PM, for me atleast. And after reviewing after the exam, don’t think I did as well as I thought when I left. Quant and Econ in particular 

I am always weak on the accounting area.  Both sessions are tricky.  I think the questions involve more thinking now.

AM screwed me probably low 60s, high 50s and PM probably high 70s low 80s. I will either be a band 10 fail or a pass…. I dont know if I can just remeber the ones I guessed and got wrong compared to the easy ones or what. PM I must have went 30-40 straight knowing them right away. Probably 50/50 guessed like 40-50 and 1/3 guessed 20. 

Who knows, time to relax for 6 weeks..

“It’s not about money… it’s about sending a message.”

I find relaxing and not worrying it the hard part….indecision

I definitely fell for a few tricks on at least 2 questions. I felt like AM was harder compared to PM. I felt like Econ was the hardest section.

seeing people describing the AM session as tricky makes me lose confidence coz i thought it was, especially accounting, easier than anything i have ever seen anywhere…

However for me ethics for both AM and PM were hard, harder than most of the ethics things i have seen online. But i admire how CFAI makes the questions  clear at least. I now understand that many of these test prep providers make questions intentionally vague in order to give the impression that their tests are tough,  but in truth they just dont know how to write good ethics questions.

Agreed! Most test prep questions are nowhere close to the actual exam.  I believe the test pre questions just focus on definition rather than application.  

I felt like the Ethics section was fairly easy (compared to CFAI/Analyst Notes mocks) but I’ve felt that way before and done poorly on mocks. They trick you a lot on them.

Overall the exam did seem pretty easy, being my first time I don’t know how it compares to other sittings but I hope they don’t bump up the MPS because it was too easy.

I was thinking the same thing, hopefully the MPS won’t get bumped up because of that. Although I’ve had other people who’ve taken the test say the actual exam is easier than mocks/topic tests.

The test did have some tricky questions but also had layups at the same time. Definitely felt better about it than any other mocks I’ve taken. The anticipation sucks indeed.

The AM session was much easier to me. I finished more than an hour early. I was able to answer 110/120 questions, 5 50-50 guesses and 5 pure guesses. If I got 85% corrected on the ones I know, my expected score is 110 x 0.85 + 5 x 0.5 + 5 x 0.33 =97/120, which is 81%.

The PM session was tough and I wasn’t sure about 30/120 questions with 15 of them were pure guesses and 15 were 50-50 guesses. If I got 85% on the rest 90 questions, my expected score is 90 x 0.85 + 15 x 0.5 + 15 x 0.33 = 89/120, which is 74%.

I believe I am in the safe zone unless you guys did extremely well.