Grading

CFA Level II
#1

Hi,

some questions on level 2 exam grading:

From level 1, I remember that you need to score above the MPS and that ethics can save you if you are a border case (bigger weight ?? How does that work ?)

Can a really bad score on ethics make you fail although you are above MPS and have scored very well on other topics ?

Can a really bad score on any topic make you fail although you do very well on other topics ?

thank you

#2

From the CFAI website:

“CFA exams are “compensatory”: You do not need to achieve a minimum score in any topic area. The pass/fail result is based solely on the total points you score on the exam compared with the minimum passing score (MPS) established by the CFA Institute Board of Governors for each exam. The only exception to this rule is an “Ethics adjustment” that may affect candidates with scores in a narrow range around the MPS. Scores in this range may be adjusted up or down on the basis of the candidate’s performance on the Ethics section of the exam.”

#3

Here’s the link where that passage can be found:

http://bit.ly/1nsu2tS

#4

thank you very much

so go ethics, fra, equity !!