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4th Attempt?

noplace26 wrote:

Do not give up. I passed Level II on my third try then Level III on first try. This exam is about determination. Do you want it? Then go after it. Even some of my closest friends doubted me but I crushed the exam that third try.

Be methodical in approach. No hours wasted. I put in three hours every day and even more during the last two months. This is for earning the letters after your name (in the grand scheme of life is nothing) so don’t be afraid of a little bump from an e-mail. Get after it again.

THIS

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You should evaluate your weak areas and reread those again. Make flashcards for those areas and begin your studies with those weak areas and finish studying in those areas.

Nice man, I know the feeling. I had a similar experience with my Math theory class in college. Received a 56 on my first midterm and 78 on my second. Was sitting around a C- prior to the final in 2.5 weeks. I think I scored a perfect on the final plus the extra credit, and it was the first and only A+ I had ever received in college (pretty much 98% or higher in the class). The professor must of been amazed by that perfect score since the final was only worth 40-60% of my grade which wouldn’t have been enough to put me at 98% or above in that class.

Same here and I was upset.

However, knowledge is important so keep going.

Studying the same material for the fourth time will lead to my inevitable loss of sanity, but I’m giving it another shot. Going to use Mark Meldrum this time. 

As a follow up to this post, I finally passed this year. Bottom line, never give up. Persistence and determination alone are omnipotent.

scottgbab8 wrote:

As a follow up to this post, I finally passed this year. Bottom line, never give up. Persistence and determination alone are omnipotent.

unbelievable. I dont know if I would have it in me to do L2 four times. 

If you're the first out the door, that's not called panicking

scottgbab8 wrote:

As a follow up to this post, I finally passed this year. Bottom line, never give up. Persistence and determination alone are omnipotent.

Wow! Congratulations! What was your most successful study strategy? Any tips?

Financial Planner
BBA (Finance & International Business) 1998,
MBA (With a Global Perspective) 2011,
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Owns an Independent RIA/Insurance Agency
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scottgbab8 wrote:
I finally passed this year.

Congratulations, Scott!

Simplify the complicated side; don't complify the simplicated side.

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CEO10K-DAY wrote:

You’re band 10 - absolutely don’t give up. 

This is the first time I see you post a genuine response that is not sarcastic, so weird. 

Hey I would say never give up!

I took first attempt in June 2017 and my wedding was August 2017, and kind similar situation, I failed, at band 3 :(. I was overwhelmed with wedding planning and everything else and didn’t get enough time to study. So I registered to take it again in 2018, but I found out I was pregnant and the due date was close to exam date. I had to delay the exam to 2019. So I studied with a baby less than 1 year old, and I passed this year! 

You are band 10 - so keep going! 

scottgbab8 wrote:

2016 - Band 10 - Failed FRA

2017 - Band 10 - Failed Ethics

2018 - sitting on the half yard line to the MPS, looks pretty dang close but still didn’t pass. 50-70 in every category!

I got married in mid June (thinking the test would be the first weekend in June) so I blame the date change this time around. Coupled with prior 2 years of studying, I truly thought I passed this time around.  Anyone take level II more than 3x then pass? Not sure what to do at this point. Just turned 30, so still relatively young I guess?

I think you could easily pass next time considering that you’ve always been very close to the MPS. I’ve known someone who passed on his fifth attempt, and having interacted with him in a study group, I’d say he is a bright guy who knew the materials well, even better than me when I was attempting at the time. Sometimes failing isn’t about not being capable of passing, but little things could impact our chances in these kinds of exams. Hell, even stress can ruin the whole thing, or bad time management during the exam. I’d say try again, make sure you nail FRA, FI, Ethics and equity, like really know them well and aim for above 70 in them, but you also have to be fairly decent in the rest, you can’t master everything but aim for avoiding getting any topic below 50 or at least not more than two topics.

Do not take risks, sometimes you aim to excel at one topic and end up screwing it up in the exam (somehow!), that was the case with me, I screwed up FRA even though I knew it very well and aimed for above 70 in it (and I am a Chartered accountant!!!) , but thankfully, other topics saved me, even though I didn’t polish them enough, so try to know every topic as much as you can, they could save you when least expected!

EOC and MM videos are a good combincation. Practice, paractice and practice some more. It is all about practice. Good luck! 

don’t lose heart my friend. I don’t think how many times taking the exam is the issue here. It’s more about the exam itself and the preparation. CFA Level 2 is purely application based which means if you just memorize the theoretical concept is not good enough.  you have to understand it, so no matter what curve balls are throw at you, you would be able to answer it. Hope that helps. this video I made, might help you: https://www.youtube.com/watch?v=RyEIwweiOHs

For one on one or group classes for CFA Level 2 2020 prep. You can email me at: swatchlist@gmail.com

CFA Level 2 Youtube video: https://www.youtube.com/watch?v=AC0zi1wLq2Q&list=PLYQbmZotkhKHNQvOXT7HU7...

scottgbab8 wrote:

As a follow up to this post, I finally passed this year. Bottom line, never give up. Persistence and determination alone are omnipotent.

congratulations yes  

Age means nothing.  Not everyone is going to be a financial mogul and retired at 50 (I think most kids on this site think that is the case).  I have seen PLENTY of professionals laid off and having to hit the reset button in their late 40s early 50s and taking jobs and pay that a 25 year old with a graduate degree would normally take. Keep trying, better to finish then go through life wondering.