We get the threads asking those who passed what they did… how about those of you who failed? What kind of finance background do you have? How many hours did you study? How many hours per week? What did you use to study with? Were you confident going into the test? What would you have done differently? Thanks for your help and best of luck to everyone who will be re-taking the exam in December!!
BA in finance Started in November, studied everyday at work and home until the day of the test. 2-4 hrs depending. Read books, highlighted, read books again, made flashcards, answered all questions. Used Schweser for questions only. Did questions posted on here. I had a 50/50 chance I thought Not stuck to a topic that was driving my nuts. Bought the secret sauce
Hey guys, I’m a L3’er here waiting for my results still. I know exactly what you guys are going through for those who failed. I failed L1 the first time around and I freakin thought I aced it. I started studying in December, did all the notes, bought all the practice exams, basically did everything available to cover all bases. But people must realize, sometimes we fail for simple things such as lack of confidence, not having a good nights sleep, focusing on the wrong topics etc. I truly believe that if you are borderline, (and i know that i have seen this somewhere on the cfai wesbite), that your ETHICS marks will weigh heavily on weather or not you pass or fail. So strong suggestion is DO NOT simply use study notes for ethics, you MUST read thoroughly the standards of practice handbook. I carried that thing everywhere with me, on the toilet, subway to work, lunch break etc… and my second time around my marks looked lower but i killed ethics, and i really do believe that it had to do with my strong performance in ethics. keep your head up guys, theres people i know who fail level I like 5 or 6 times, so if you failed it once or twice dont sweat it. Take a few weeks off to simply relax and then go at it full force.
great post IH8
THE TRUTH:if you fail 5 or 6 times, you’re an idiot or u did not put in the time
I failed. I spend most of my time from Late Sept to April reading through the Schweser 1 to 5 and didnt feel comfortable moving to the questionbank, so went back to Schweser until 1 month before the exam. But i have to give up CFA because my undergraduate exam is my priority so put in around 10 hours everyday for 1 month for my undergraduate exam preparation and my last paper was 3 days before CFA and by then i was already exhausted mentally. SO i guess that is why i failed. CONSISTENCY is the word to go !
pacmandefense Wrote: ------------------------------------------------------- > THE TRUTH:if you fail 5 or 6 times, you’re an > idiot or u did not put in the time You suck.
amberpower, dont be upset, with the amount of hours you have inputted i am sure you will egt through this time . i am appearing for dec level 1 . did you do q banks ?
Bleeck Wrote: ------------------------------------------------------- > pacmandefense Wrote: > -------------------------------------------------- > ----- > > THE TRUTH:if you fail 5 or 6 times, you’re an > > idiot or u did not put in the time > > > You suck. ============================================ dude if you cant take things as they are …don’t post out here
Don’t worry, I can take it. Regardless, calling people idiots because you manage to pass a multiple choice test is ignorant. VERY ignorant, even.
I’m with Bleeck here - this forum is about being supportive. This is a hard test and if it takes you 1 or 5 or 15 tries we are still supportive. Incidentally, I know tons of people I would say are geniuses who would have trouble with this test because this kind of thing is not their forte (none of them are in finance, however). Anyway, telling people they are idiots for not passing this exam a few times is way out of line.
JoeyDVivre Wrote: ------------------------------------------------------- > I’m with Bleeck here - this forum is about being > supportive. This is a hard test and if it takes > you 1 or 5 or 15 tries we are still supportive. > Incidentally, I know tons of people I would say > are geniuses who would have trouble with this test > because this kind of thing is not their forte > (none of them are in finance, however). > > Anyway, telling people they are idiots for not > passing this exam a few times is way out of line. =================================================== not supporting anyone out…