Really feel sorry for anyone that failed. I thought I was a definite… here are my marks;
< 50 in ethics, quants, econ and pm
50-70 derivs
> 70 in corp fin, fra, equity, fixed income, alts
Dude i got the same but passed l2 Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - * - - Corporate Finance 36 - - * - Derivatives 36 - - * - Economics 18 * - - - Equity Investments 72 - - * - Ethical & Professional Standards 36 * - - - Financial Reporting & Analysis 72 - - * - Fixed Income Investments 36 - * - - Portfolio Management 18 * - - - Quantitative Methods 18 - - *
<50% Alt Inv, Quant 51-70% Corp Finance, Econ, Equities, FRA, Port Mgmt >70% Derivatives, Ethics, Fixed Income I think I was saved by the ethics adjustment.
<50 on Ethics, Quant, Alternative, & Derivatives.
50-70 on CF and FI
>70 on FRA, Equity, Econ, & PM.
Less than 50 ethic and derivatives. That’s a solid chunk of the exam.
greater then 70 on FRA and equity. I think I got perfect on them
50-70 on the rest.
i was an idiot and spent maybe and hour on ethics. Thought on would remember from level 1.
Passed so I’m happy
i feel like i’d def be a contender having failed 4 sections lol
Alternative Investments 18 * - - - Corporate Finance 36 * - - - Derivatives 36 - - * - Economics 18 * - - - Equity Investments 72 - * - - Ethical & Professional Standards 36 - * - - Financial Reporting & Analysis 72 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 * - - - Quantitative Methods 18 - - *
we have similar matrices, 4 below 50, 2 in between, and 4 above 70. i think this pattern seems fine so long as you have 2 of the big 3 (Equity/FRA/FI) in the above 70 group and the other in the in between. i dunno…
Yeah, I think we probably made by 1 question or something. I don’t know.
I’m just SOOO THANKFUL. I was sweating balls before the e-mail came.
Same here, when I say I got Band 11…I really mean my marks would’ve been a borderline pass…I’m not sure how my marks below is a pass which I’ve posted on the official results thread.
>70%: Deriv, Equity, FRA, QM
50-70%: CF, Ethics
<50%: AI, Econ, FI, PM
And I thought I did well in the ones I failed. How does this work…I DEMAND A RETAB!
Ok now compare this to a friend who just failed at Band 9:
>70%: Deriv, Equity, FRA, QM
50-70%: Econ, FI
<50%: AI, CF, Ethics, PM
It’s very similar to my matrix.
Might be the ethics bump. CF is also heavier than Econ. And then there’s where you landed in those ranges. Maybe you got 69% in FI and he got 52%
And I may have been 1 question short…aka ethics
Item Set
Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - * - - Corporate Finance 36 - - * - Derivatives 36 * - - - Economics 18 * - - - Equity Investments 72 - - * - Ethical & Professional Standards 36 - * - - Financial Reporting & Analysis 72 - * - - Fixed Income Investments 36 - - * - Portfolio Management 18 * - - - Quantitative Methods 18 - - * Your score band: 10
^^ that’s a kick in the BALLS. can’t imagine how you’re feeling.
i guess the thing is, is that all we can compare is this very rough scoring matrix and our actual scores can still hold quite some variance with every scoring pattern.
Love this thread. Title should be “whose was the most efficient at balancing time and passing”
1 less minute of studying and you fail
you got to remember you might make a 90% in one portion and the other guy makes a 71 in that same portion both look as if >70% - this doesn’t really tell you how many questions you got right though in that section…
Agreed, the 40/60/80 method ignores this and it’s critical. I got a 50-70 on FRA and *feel* I was near the 70%+ cutoff. I passed, but another could get my same marks and probably fail.
I think Ethics may have pulled your friend down, since he also got Equity and FRA in the top bracket. Tough luck!
I am still surprised I passed with this score, as I have failed 4 sections. I guess getting 70+ on ethics really helped.
Alternative Investments <=50%
Corporate Finance >70%
Derivatives 51-70%
Economics <=50%
Equity Investments >70%
Ethical & Professional Standards >70%
Financial Reporting & Analysis 51-70%
Fixed Income Investments 51-70%
Portfolio Management <=50%
Quantitative Methods <=50%
first post here. so glad i passed ! Did Level 1 back in june 2013, first time level 2 taker. Knew with the limited amount of time put in i’d either be borderline fail or pass. (estimated to be around 150 hours max). Only finished reading schewer once(didnt touch CFAI except ethics), did 40%of Q-bank, half the mock ( no time ) , tried my best to nail the big 3 FRA equities &CF, skimped thru the rest, skipped QM
Exam day perf is important: dont be bothered with what you dont know or cannot remember and dont waste time on those just make a guess, make sure you are 100% correct on what you do know, remember the formulas and certain questions can be worked out from the vignette and your concepts even if they seem foreign( becasue you havent practise enough). Keep Calm
However do not expect to remain so lucky with level 3 given the essay questions. Would need to put in more time to know the materials better id suppose.
>70% : FRA , equities, derivatives,
50to70: ethics, CF, FI, PM, economics, PM,AI
<=50: QM.