DEC L1 2010 -- Place Results Here

CFA_TestTaker Wrote: ------------------------------------------------------- > Can anyone explain why I didn’t pass with this > score? Is it worth spending the money for CFA to > recalculate? Very frustrating… I would tell you to save your money. I think a retab would only help in an instance where the CFAI made a mistake in grading. If you don’t think that’s the case, then keep your wallet in your pocket. To be honest with you, I’m not sure there has been a retab that turned a FAIL into a PASS in recent years. It’s up to you though. It’s your money.

I don’t understand why people would lie here, it’s not that they would get laid by impressing someone.

JensensalphaMale Wrote: ------------------------------------------------------- > CFA_TestTaker Wrote: > -------------------------------------------------- > ----- > > Can anyone explain why I didn’t pass with this > > score? Is it worth spending the money for CFA > to > > recalculate? Very frustrating… > > I would tell you to save your money. I think a > retab would only help in an instance where the > CFAI made a mistake in grading. If you don’t > think that’s the case, then keep your wallet in > your pocket. > > To be honest with you, I’m not sure there has been > a retab that turned a FAIL into a PASS in recent > years. > > It’s up to you though. It’s your money. I agree - I doubt it would change anything - Just frustrated by how they lowered the pass rate - I was so close, and after all the time I put in. I see similar scores from people that have passed and don’t understand why I didn’t. I must’ve just been off by a few questions.

CFA_TestTaker Wrote: ------------------------------------------------------- > Can anyone explain why I didn’t pass with this > score? Is it worth spending the money for CFA to > recalculate? Very frustrating… If you look at your scores, and based on the ranges that they give you, and the point totals for those ranges, the worst you could have gotten was a 58%… which means that’s a fail. What’s misleading you is that the best you could have gotten was an 82%, which is a pass. The most likely scenario is that you scored on the low end of the ranges in your categories and that you barely failed. I passed and I had somewhere between a 56% and a 70%… I’m thinking the passing score was anything above somewhere in the 65% +/- 5% range… so it is possible that you failed.

Passed. All >70%. Good luck everyone and see u in level 2.

I’m guessing that FRA weighed you down. But if you’re in Band 10, it might be worth the $100 to have them take a second look. Remember, their machines graded 60,000 tests. A personal pair of eyes could conceivably change your outcome. If it were me, I’d do it. CFA_TestTaker Wrote: ------------------------------------------------------- > Can anyone explain why I didn’t pass with this > score? Is it worth spending the money for CFA to > recalculate? Very frustrating… > > Q# Topic <=50% 51%-70% >70% > - Alternative Investments - - * > - Corporate Finance - > * - > - Derivatives - - * > - Economics - - * > - Equity Investments - > * - > - Ethical & Professional Standards - > - * > - Financial Reporting & Analysis - > * - > - Fixed Income Investments - * - > > - Portfolio Management - - * > - Quantitative Methods - - *

No Robert, CFA already manually check your answer sheet. Retab is absolutely worthless.

CFA_TestTaker Wrote: ------------------------------------------------------- > Can anyone explain why I didn’t pass with this > score? Is it worth spending the money for CFA to > recalculate? Very frustrating… Were you band 10? I passed with a similar makeup a 0-4-6. I think you might have missed it by a few questions unfortunately. You had a strong ethics score, so I think you were probably say in the mid to high 60s, IMO, because if you were on the borderline your ethics score would have pushed you over, so you were probably a few pts below the border. I think retabulation is a waste of money bc these things are computerized and unless you drooled over your sheet or made odd shaped bubbles, it wouldn’t make a difference. I think if you’re so close already, you’ll be much better in June. Level 1: Pass The table below illustrates your subject matter strengths and weaknesses. The three columns on the right are marked with asterisks to indicate your performance on each question or topic area. Multiple Choice Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 8 - * - - Corporate Finance 20 - - * - Derivatives 12 - * - - Economics 24 - - * - Equity Investments 24 - - * - Ethical & Professional Standards 36 - * - - Financial Reporting & Analysis 48 - - * - Fixed Income Investments 28 - * - - Portfolio Management 12 - - * - Quantitative Methods 28 - - *

NYCAnalyst86 Wrote: ------------------------------------------------------- > > You already said you passed in 2009. > > http://www.analystforum.com/phorums/read.php?11,89 > 5458,895557#msg-895557 Wow, how did you find this? That was mean though.

Maybe the accuracy of the scoresheets is fine, but I believe there’s a judgment factor too. He scored well in ethics. If all results are final, why would CFAI offer to review your results? cfagoal2 Wrote: ------------------------------------------------------- > No Robert, CFA already manually check your answer > sheet. > Retab is absolutely worthless.

Robert A Wrote: ------------------------------------------------------- > Maybe the accuracy of the scoresheets is fine, but > I believe there’s a judgment factor too. He > scored well in ethics. If all results are final, > why would CFAI offer to review your results? > > cfagoal2 Wrote: > -------------------------------------------------- > ----- > > No Robert, CFA already manually check your > answer > > sheet. > > Retab is absolutely worthless. On the retab form it states “retabulation is a process wherein CFA Institute staff manually verifies that all parts of all questions answered in accordance with the instructions were found and graded and that the scores were added correctly. Retabulation will not change the grades on your individual answers. Unless an error is found in the totaling or recording of your scores, the pass/fail decision will not be affected.”

Pass: Alt Inv, Deriv and FSA - 50-70% Rest all >70% Thanks to all!! I see a lot of pass here - and passing rate is only 34%? any idea how many took the exam? anyone starting for Level 2 now for June - only 12 weeks left to do 18 sessions and then 4 weeks for review? anyone betting $700 on such a tight schedule??

Not all score sheets are manually checked, I remember reading that only a select few samples are manually checked to ensure accuracy of the machines.

CFAMaven’s right. It’s only a few samples.

Bexter, I’m in the same boat with you. got a 5,10,6 on 3 atempts. Obviously June is easier or maybe I just did better. I say give it another shot and start L2 studying in September.

Level 1: Fail Multiple Choice Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 8 * - - - Corporate Finance 20 - * - - Derivatives 12 - * - - Economics 24 - * - - Equity Investments 24 - * - - Ethical & Professional Standards 36 - - * - Financial Reporting & Analysis 48 - * - - Fixed Income Investments 28 - * - - Portfolio Management 12 - * - - Quantitative Methods 28 - - * Performance band of your overall score among all candidates who failed the exam: 10 I didn’t want to say this before I saw my results but I only studied seriously about 3 weeks for L1. Thus although I was disappointed to fail, I only have myself to blame. If I do June I will definitely study a solid 1-2+ months. I am still in undergrad taking easy GE courses so I should have the time.

Very impressive, candidates who posted on this forum did very well overall. Congratulations to everyone who passed, and who didn’t make it this time I hope to see you guys back for June and nail it :). I’'m also giving in June. after looking at few grades, seems MPS was around 69 or 70%. However, its still mystery. Do you guys think its good idea to leave Schweser Parctise test Vol1 and 2 for last 30 to 45 days or attempt them after each section ? thanks

Save it for the last month, and IMO don’t take them timed. Take them in blocks of 10-15 questions so you can clearly get your heads around the questions very carefully. Just IMO, others will say differently.

I disagree. Definitely wait until you are done with all the sections. Then take them timed so you can gauage how your speed is (if you can get a 100% of the questions right, it makes no dfference if you are only 69% of the way through the exam when time is called). Also, I recommend putting a mark next to every question you aren’t totally sure of. Then when you are going through your wrong answers, also check the ones you guessed and got right.

My suggestion is to follow what Schweser recommends. Do the first 2 three hour exams untimed, but closed book. It’ll exhaust you. But take the necessary time to think about and work through the problems. Do the remaining tests timed as you hone your skills. I also highly recommend the CPAI mock, which is free, and the Boston Society mock, which costs $150. Those two mocks are much closer to the actual exam than anything produced by Schweser – but Schweser will get you well prepared. Do as many practice tests as possible in the final month. Each time you complete one, go back and review your weak areas in the curriculum. It will really pay off at test time.