2016 CFA Level 3 Exam Official Results Thread

CFA Level III
#481

Fitch + Kaplan

I actually wrote very little in the morning, was done within an hour and a half.

My belief is that in these exams being brief and clear can actually get you more points than going on at length. Examiners only really want to see a few key words, so putting them in bullet points and with circles will help them tick them off and move on, whereas putting in more stuff has a chance of either making them look at it more closely to find a minor error, or will make them skim-read and potentially miss one of your points (especially since my handwriting is absolutely terrible). So putting in more detail just to be safe can actually backfire (in my mind).

And as an added benefit that gave me the time to re-check everything 20 times.

Afternoon was harder and took longer, but at least there you benefit from the educated guess boost.

#482

Awesome Mipato. You just killed it. Good show :slight_smile:

#483

That’s a fantastic matrix Mipato – your 40/60/80 score must be through the roof!

#484

Congratulations, Larry!

#485

I assume that you passed.

If so, congratulations, Mipato!

#486

Congrats! Happy to see this. Your creative stories on rahul roy back on the L2 forum in '14 really helped deal with the stress of the last few weeks of prep. Congrats and thanks!

#487

Mipato’s matrix is probably the best one I can recall seeing. ****. Nice job!

#488

Expected to crush AM and get screwed in PM. Somewhat opposite happened. However a pass’s a pass’s a pass

Essay

Q#

Topic

Max Pts

<=50%

51%-70%

>70%

1

Portfolio Management - Institutional

20

*

2

Fixed Income Investments

22

*

3

Equity Investments

19

*

4

Portfolio Management - Asset Allocation

13

*

5

Portfolio Management - Monitor&Rebalance

13

*

6

Portfolio Management - Individual

22

*

7

Portfolio Management - Individual

17

*

8

Portfolio Management - Risk Management

20

*

9

Economics

18

*

10

Portfolio Management - Indiv/Behavioral

16

*

Item Set

Q#

Topic

Max Pts

<=50%

51%-70%

>70%

Alternative Investments

18

*

Economics

18

*

Ethical & Professional Standards

36

*

Fixed Income Investments

18

*

Portfolio Management - Asset Allocation

18

*

Portfolio Management - Individual

18

*

Portfolio Management - Institutional

18

*

Portfolio Management - Performance Eval.

18

*

Portfolio Management - Risk Management

18

*

#489

Congratulations, Nikhil!

#490

Thanks S2000 for your help on some of my questions. Very good explanations. I passed!

#491

You’re very welcome. Glad to have been of help.

Congratulations, Bopha!

#492

OMG. If you open an CFA class for level III, I will be your first student. That is impressive man. Good job.

#493

Congrats to all those who passed.

To those who didn’t pass…, never give up!

#494

Mipato you killed it…that’s the best score I have seen so far in many years…congrats dude

#495

i have questions about apply for regular membership

  1. Is it ok if I just write a point form? like:
  • to prepare risk reports

-back testing and stress testing of the portfolio….

  1. How long does it take to finish the process?

thx all~

#496

Pass~

Congrats guys!

And to the ones that did not make it this round, stick to the grind, you will get there~!

#497

Congratulations, WMC!

#498

Passed on first attempt. I thought I had spoiled the AM and crushed the PM, but my results were kind of evenly balanced.

AM: My feeling was that if I’d have failed, it’d have been the morning since majority of my answers were very short and I bungled some of the Individual Portfolio stuff.

PM: I thought I had done really well on it but was a bit disappointed with my PM performance. End of the day a “pass” is a “pass” and I’m just grateful to be done with the exams. To folks repeating … DON’T lose hope and DO come back STRONGER. Level 2 took my 4 tries. Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Institutional 20 * - - 2 Fixed Income Investments 22 - - * 3 Equity Investments 19 - * - 4 Portfolio Management - Asset Allocation 13 - - * 5 Portfolio Management - Monitor&Rebalance 13 - * - 6 Portfolio Management - Individual 22 * - - 7 Portfolio Management - Individual 17 - - * 8 Portfolio Management - Risk Management 20 - - * 9 Economics 18 * - - 10 Portfolio Management - Indiv/Behavioral 16 - * - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - * - - Economics 18 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 18 - - * - Portfolio Management - Asset Allocation 18 - * - - Portfolio Management - Individual 18 - * - - Portfolio Management - Institutional 18 - - * - Portfolio Management - Performance Eval. 18 - - * - Portfolio Management - Risk Management 18 - * -

#499

Congrats ltj and S666, and anyone else who I sat with for L1/L2!

#500

Thanks dude!