Exam Difficulty?

CFA Level III
#1

How did you rank the exam difficulty on a scale of 1 (Easiest) to 10 (Hardest)

#2

Fair.

#3

6.6666667

#4

AM was brutal, PM is easiest I ever see AM is 8 or 9, PM is 1.

#5

AM 6, PM 6

#6

wow - thought the complete opposite. THe morning was straight forward; the afternoon was classic CFAI ambiguity - “house money?” are you fucking kidding me

#7

The PM section was decently hard, maybe not as hard as LII PM last year, but I felt harder than AM essay. There were some questions that did stump me.

#8

How are people still confused by house money? Or maybe I’m just a degenerate gambler…

#9

it was fair overall … but was a tricky exam in my opinion … typical of CFAi

#10

wuyuan17 Wrote: ------------------------------------------------------- > AM was brutal, PM is easiest I ever see > AM is 8 or 9, PM is 1. Similar to how I felt. I would say AM was 7, PM was 2.

#11

I personally felt house money meant to take more risk, but I picked hold for the question on loss aversion. I debated between hold and add more, but leaned to hold as add more is a quality of constant mix and a risk reducing strategy.

#12

I think difficulty was fair. - AM was consistent with the 2008 edition i.e. you have to hurry up if you want to finish and finished 10 minutes before end. - PM was fair as well. I had almost 30 minutes to check calculations and revert 1 or 2 answers on ethics and a few others. MH

#13

jmh530 Wrote: ------------------------------------------------------- > How are people still confused by house money? Or > maybe I’m just a degenerate gambler… Brilliant!! You aren’t the only one

#14

AM-5 PM-1

#15

jmh530 Wrote: ------------------------------------------------------- > How are people still confused by house money? Or > maybe I’m just a degenerate gambler… I don’t get it either. Doesn’t anyone here go to Vegas?

#16

I thought am was very easy, pm fairly hard, but not out of control. finished both with a lot of time left.

#17

Thot overall exam was not the hardest it cudav been, but it was not fair in the sense of testing knowledge. Felt like I was being punked in the PM session. Most stuff I’d expect too show up wasn’t there and a lot of obscure sh!t was. Have less respect for cfai every day. Starting to think institute is a sect.

#18

difficulty, AM

#19

AM - 5 PM - 3

#20

Thought AM was a little tricky, 7 or 8. PM, 1 or 2.