Did not pass a single mock exam, however, you passed the actual exam...

CFA Level I
#1

Did not pass a single mock exam, however, you passed the actual exam? Anyone.

Please share your experiences.

#2

Lots of level 1 passers have claimed this. I think it’s because the mock questions are more confusing than the actual exam questions. Plus, there’s a bit of curve - MPS is typically 67 to 68%.

You think you scored over 65%?

#3

I hope so! I’m honestly not sure.

If you look at the historical pass rates, December passing rate is significantly lower than June’s exam. I found that interesting/concerning.

#4

I’ve thought about it, too. Not sure why it’s significantly lower. It’s certainly a concern.

#5

How does one pass a mock exam? Do you do a full modified angnoff method based on results posted on AF or what? How do YOU set the MPS? Hmm…

#6

Lots of June failures write it, and if they failed once, a combination of (a) lack of intelligence (b) poor study habits or © poor work ethic may be difficult to overcome. It’s a weaker pool, comprised mostly of past failures (of which I was one, so I’m not being unfair).

#7

70% or more. That’s how I looked at it.

#8

If you are getting 65% or better you are on the right track!

#9

I can’t think of a reason for you to be unfair. You’ve got the charter, so I’ll believe pretty much anything you say.

#10

Did it three times.

#11

You took L1 three times?

#12

i find the mocks are quite similar to the actual (am i the only one??) in terms of difficulty, and if i fail all my mocks i don’t think i would magically pass the actual exam.

although CFA is weird like that, you never really know how they come up with the bands and determine if you pass/fail.

#13

I think it’s safe to say there are more freebies on the actual exam and the actual exam questions are more straightforward.

I didn’t pass 1 mock, so I think I’m toast unless the MPS is somewhere around 65%.

#14

Whats a freebie?

I don’t think I encountered one… so unfair!

#15

There are no freebies!!

if you think they are freebies you probably have fallen into their traps?

#16

No, didn’t fall into a freebie trap. What I mean by freebies is a know it or don’t answer. I don’t want to give you an example in case it violates.

#17

I never broke 55% in any mock at any time in level 1 or level 2, and I still passed. (Although with L2 I may have hit 60s, but not with L1).

I remember the weekend before I took the L1 exam, I did the mock, and got like a 45-50% on it. I pretty much cried myself to sleep that night, but managed to pull it together that week and and owned the exam. Please prepare better than me.

#18

There were definetely like 10 freebies per morning and afternoon…

Willingness…

#19

Respectfully, we really don’t need this if you’re joking…

#20

I’m not.