Do you think you passed?

[Grrreg]

@MrSmart

@iamMichael

@MrSmart

There were several sub-questions on the AM itemsets that left me scratching. And a big subquestion that carried weight I got wrong, even though I skip them in the mocks because of how it easy it is to save time. I forgot to add one variable in the formula for some reason. Which likely won’t even give me partial credit.

Ethics in the PM section was totally brutal. I was left guessing 80% of them. Probably <50% on that. The rest was fine except for 3-4 questions that I had to get back to. Made some mistakes that I now know of upon revision.

Expecting band 9-10 or pass. I’m clearly somewhere on the border.

Dude you passed!

Where did you get this confidence from?

Probably seeing you single-handedly answer correctly 75-90% of the questions asked on this forum during the last 6 months

[MrSmart]

@Grrreg

@MrSmart

@iamMichael

@MrSmart

There were several sub-questions on the AM itemsets that left me scratching. And a big subquestion that carried weight I got wrong, even though I skip them in the mocks because of how it easy it is to save time. I forgot to add one variable in the formula for some reason. Which likely won’t even give me partial credit.

Ethics in the PM section was totally brutal. I was left guessing 80% of them. Probably <50% on that. The rest was fine except for 3-4 questions that I had to get back to. Made some mistakes that I now know of upon revision.

Expecting band 9-10 or pass. I’m clearly somewhere on the border.

Dude you passed!

Where did you get this confidence from?

Probably seeing you single-handedly answer correctly 75-90% of the questions asked on this forum during the last 6 months

Trust me, this is no indicator. Exam settings are much different than sitting on my computer and answering questions

Would’ve been a lot more confident if both sessions were MCQ, I’m not sure how my “constructed response” turn out to be.

[MissCleo]

@StallionDis

@MissCleo

Yeah I think I had 25-26 Cs on my test. Definitely the most common answer for me.

miss Cleo you still taking level 3 kid?

Yeah band 9 last year. Think I did better this year hopefully enough to be done once and for all. I found AM easier, but PM much trickier than last year, hopefully it balances out.

[skiponcho]

I am really scared…i dont know if i will make the cut…i read very well but i pannicked on the exams…

[skiponcho]

I am really scared…i dont know if i will make the cut…i read very well but i pannicked on the exams…

[skiponcho]

I am really scared…i dont know if i will make the cut…i read very well but i pannicked on the exams…

[skiponcho]

I am really scared…i dont know if i will make the cut…i read very well but i pannicked on the exams…

[skiponcho]

I am really scared…i dont know if i will make the cut…i read very well but i pannicked on the exams…

[CFAbeatmeup]

@skiponcho

I am really scared…i dont know if i will make the cut…i read very well but i pannicked on the exams…

Apparently really, really, really, really, really, scared…

[GothamSenator]

Congrats on making it through game day all! NOW grab the booze and sunscreen and hit the beaches - summer is here! GOOD LUCK ALL!

[10M10]

Hey Calvinoh I failed last year band 7 and here is my result

Essay

Q# Topic Max Pts <=50% 51%-70% >70%

1 Portfolio Management - Institutional 14 - * -

2 Portfolio Management - Institutional 17 * - -

3 Fixed Income Investments 19 * - -

4 Alternative Investments 20 * - -

5 Portfolio Management - Performance Eval. 15 - * -

6 Portfolio Management - Risk Management 14 - * -

7 Portfolio Management - Individual 18 * - -

8 Portfolio Management - Individual 16 * - -

9 Portfolio Management - Asset Allocation 15 * - -

10 Economics 14 * - -

11 Portfolio Management - Indiv/Behavioral 18 * - -

Item Set

Q# Topic Max Pts <=50% 51%-70% >70%

• Economics 18 - - *

• Equity Investments 18 - - *

• Ethical & Professional Standards 36 * - -

• Fixed Income Investments 18 - - *

• Portfolio Management 18 * - -

• Portfolio Management - Individual 18 - - *

• Portfolio Management - Monitor&Rebalance 18 - - *

• Portfolio Management - Risk Management 36 - - *

We have divided the group of candidates who did not pass into 10 approximately equal score bands. Your score band below shows how your overall score on the exam compares with the overall scores of candidates who did not pass this exam. For example, a score band of 1 indicates performance in the bottom 10%, a score band of 10 indicates performance in the top 10%.

Your score band: 7

[10M10]

Did anyone fail with a killer PM matrix from last year? we have 2 on this forum so far…

[10M10]

@calvinoh

Im a retaker from last year and I feel that the second time around made me way more efficient than my first attempt even though I thought I was well prepared last year. This years AM was much easier than last years AM in my opinion. Ethics section was way easier than last year on the PM. My PM matrix last year was all topics over 70 except for ethics and I failed band 7. This year I feel like my PM matrix will be all topics over 70 and I think Im getting at least 65 to 80% on the AM. Overall I feel very confident and satisfied… 90% chance of passing this one…

Good luck to everyone!!

I completely agree and completely feel the same way as you with almost the same results Good luck Cal!

[iamMichael]

@Mostafa El.Maghrabi

@calvinoh

Im a retaker from last year and I feel that the second time around made me way more efficient than my first attempt even though I thought I was well prepared last year. This years AM was much easier than last years AM in my opinion. Ethics section was way easier than last year on the PM. My PM matrix last year was all topics over 70 except for ethics and I failed band 7. This year I feel like my PM matrix will be all topics over 70 and I think Im getting at least 65 to 80% on the AM. Overall I feel very confident and satisfied… 90% chance of passing this one…

Good luck to everyone!!

I completely agree and completely feel the same way as you with almost the same results Good luck Cal!

Did you not finish the AM section last year?

[fwang1014]

i hope i could pass. Lol

[10M10]

I did every question never skipped one in 2015 and this time I finished AM with 30 min to spare. Way more calculations = easier for me personally I prefer calculations over theory.

[CFAbeatmeup]

@fwang1014

I am a retaker from 2014. Didn’t finish the AM with 2 questions blank and failed as band 8. I think 2015 and 2016 are consistent on the difficulty. And I don’t really think 2016 Am is easy. Its not as hard as 2013 but there are some traps and way more calculations, which might cause you losing points but you don’t even know. PM is also consistent with 2016 PM Mock. And i hope i could pass. Lol

Two questions or two sub-questions?

[DDub]

As my instructor at LevelUp advised, working through the CFAI books, his notes! and practice exams in a way that he laid out really helped me prepare, and as such, I didn’t come across any surprises. Though I can point out 13 points in AM lost due to carelessness, thought it was a fair session. The PM was definitely harder than most CFAI practice exams, but many of them were familiar looking. Working through the CFAI books, and for me taking the LevelUp class, were absolutely key to feeling comfortable on this exam. Overall, I have a good feeling…but we’ll only know for sure in August. Best of luck to everyone.

[Third_Time_is_the_Ch]

Thanks brother.

They say passing candidates study on average 300 hrs per each level…and I conservatively put in about 350; so that’s about the only thing I have going for me.

Last two times, I didn’t do nearly enough of the prep so I don’t blame my failure on CFAI or any other third-party provider.

It’s amazing that some of the questions (and I won’t specify) were literally one line in the entire text…the CFA books…that makes me think the only way to pass this test is to memorize EVERY SINGLE LINE in the CFA books; and just re-write all 1,000 pages by hand.

The morning session was just goofy. I found the individual stuff easier; but there were tricks with some of the TVM calcs that I hope I entered correctly in the calculator.

[Third_Time_is_the_Ch]

@mbjones21

And they said Level III was the easiest…

Level 3 is NOT easy simply because it’s not methodical like Level 1 and 2. If you do enough practice questions and remember the mistakes you make during practice for Levels 1 and 2, you have a pretty good shot of passing those tests. No such luck with Level 3 because of the variety of approaches to any single topic.

I find that about 80% of people learn by practice and having a “framework” on the curriculum before going through the material…in other words, if people had a better understanding of the “flow” of the 18 study sessions, I think it’s easier to retain and master concepts…but the CFAI text and other third-party materials just “dump” stuff in a mostly chaotic fashion so that it is unclear of why the 18 study sessions are organized the way they are.

It’s like trying to find a destination without any landmarks along the way.