For the students who took exam in WEST, does anyone have a guestimate of what would be the minimum passing score. My intelligent guess is, at the moment, no one even at CFAI knows what will be the MPS, as they do an intense session to come up with the magic number. And if I recall correctly, the link on their site that explains the process says, it takes about 7 weeks for them to arrive at a MPS for Level 2 exam. So, we all still have time to pray, and our fates are not sealed yet, unless you have clearly scored above or below a level. e.g. if you scored above 75 or below say 50, its very likely that your fate is sealed! So any guesses, what is the mps for this exam? Re-takers who were close, any guesses, what could have been your score that kept you from crossing the finish line by a very small margin? My hope is the MPS is set no higher than 68% this year for me to have atleast a little bit of chance to pass.
41%. Same as least year. PS - No one has any idea.
I am going to be sitting just right of that damn bell curve. It’s a matter of how much they are willing to let me “surf” to passing. The MPS is probably going to be around a 65, just my wild @ss guess.
Chuckrox, how do you base your guess? Is there any base to this? Of course I wish it is close to 65%, but it seems to be that it doesnt deviate much from 70!
70 percent is 84 correct questions. 68 percent is 82 questions correct. How can you precisely say that at this stage, you will have a chance for 82 correct questions but not for 84 ? In my opinon 68 percent is almost same as 70 becaause total number of questions were only 120. I would say a gap of 8 to 9 correct questions is a must, between minimum expected MPS and maximum expected MPS. So in my opinion, if maximum expected MPS is 70% (84 correct questions), minium should be around 63-64 percent which means 75 correct questions. So now we have a figure of around 75 correct questions. Any one who is very sure that he solved half of the exam questions correctly (3 on each vignette), will have 60 correct answers for sure. If it is normal distribution, the expected correct answers from the remaining 60 questions is 1/3*60 = 20 ===> which means 80 questions and hence a pass. Conclusion:- Any one who felt comfortable on around half of questions, can expect to pass. No ?
I think you re being WAYYYY too optimistic I’m afraid…I’m not sure I understood what you said, but are you saying that the max score is gonna be around 75!?? come on, I’m sure there’s people that are gonna be around 85%
That was not maximum score. I am sure people will be around 95% as well. My assumption is :- The maximum-expected-“Minimum Passing Score” is 70 percent for very sure. because the only thing we know for a fact is that, CFA has never failed some one who got more than 70 percent. So maximum MPS cannot be more than 70 percent.
brazilatz Wrote: ------------------------------------------------------- > Chuckrox, how do you base your guess? Is there any > base to this? Of course I wish it is close to 65%, > but it seems to be that it doesnt deviate much > from 70! There will be a couple of questions that are thrown out, maybe 1 or 2. Perhaps the question was too vague or there are actually multiple correct answers etc… Schweser and Stalla folks have said that they believe the MPS for L2 has historically been around 65. Read into it as much as you want. The MPS could be a 60 or 69.9 for all we know.
I got what you’re saying now, youurstruly… Chuckrox, Nice!!! That makes me feel good. If that makes you guys feel good, two of my buddies who took it last year thought they failed and both passed.
brazilatz Wrote: ------------------------------------------------------- > I got what you’re saying now, youurstruly… > Chuckrox, Nice!!! That makes me feel good. If that > makes you guys feel good, two of my buddies who > took it last year thought they failed and both > passed. how much were your buddies expecting to score? Can you find out please?
I think they will do the unthinkable this year and pass everyone. PS: It is right there in the CFAI text.
how about asking the question … what’s your 95%/99% confidence level for the MPS? i would say 61% to 69%
I would say sixty five to sixty six would be a fair assumption. Means seventy five correct answers will do the trick.
anyone who think s MPS is below 67 is kidding themselves.
Hardly, Level 1 in December 2009 definitely wasn’t near 70. There was no way in hell I was near a 70.
Based on the calculation that some people did last year, the MPS is between 79-83/120 http://www.analystforum.com/phorums/read.php?12,1047689,page=1 Since, people are saying that this year exam is easier, I am guessing that it is around 80-84/120 this year.
The only people saying it’s easier are the people that studied an additional 200+ hours after failing the first time.
TheLegend Wrote: ------------------------------------------------------- > The only people saying it’s easier are the people > that studied an additional 200+ hours after > failing the first time. +1
this years exam is not easier… it sure will be easier for those who didn’t study last year or didnt study well…, there is no such thing as even the same person making an informed decision as to which exam was easier or harder 2009 or 2010 becos no one will show up in 2010 with exactly the same level of preparation they had for 2009… if you are retaking and your a sane person you will have probably put more effort in and hence naturally an exam of the same difficulty may seem easier!! also keep in mind that there is no logic in trying to compare difficulty of past years exam to this years exam anyway!! … they decide on the difficulty of each question some other way, thats their so called standard setting process along with psychometrics and black magic and a little bit of voodoo 
then viollaaa my own guess is i would hope they have a MPS of 67 or 68 this year, or in terms of % of ppl who took the exam they pass the top 45% percent… level two is starting to get a little too crowded they need to release some of us into level 3
noone has any idea what they got last year (if they failed). no one has any idea what they scored this year. you feel like you “did well”??? what does that mean…you got somewhere between a 85/120 and a 110/120? or you did “poorly”…what does that mean- between a 60/120 and a 90/120? the intervals are just way too big. the margin of error on someone’s expectations are so large on something based on how they felt after the test, skewed by reading this forum where they are scared by 1 or 2 questions they got wrong, combined with ones they guessed on, turning out correct. in my opinion…you either are happy with your performance and feel like theres a good chance you passed, or you are worried that maybe it didnt work out. you cant drill down to figuring out if you passed based on the MPS# or even a small band around it. if youre happy with your effort and performance, great. if not, chin up, stranger things have happened than someone thinking they crapped the bed only to really do enough to pass. noone has any idea what itll take to pass (“somewhere between 72 and 84 correct” means nothing, narrow it down), and noone has any clue as to how they did within 5%…6 questions…a whole item set.