hey everyone, first post, but had to chime in! This was my first attempt at level 1. I actually thought the test was the other way around, in the morning I thought I didn’t do fantastic, but still ‘ok’. I thought the afternoon was much easier! Maybe thats a bad sign and I’m in REALLY bad shape! lol Regardless, the last hour or so in the afternoon, I was just dying… mentally was feeling completely drained. good luck to all on the results!
About 5 days before the exam, I went to a local Starbucks to do some studying. There was a guy sitting next to me with his CFA 1 books as well and so of course I struck up a conversation with him. He basically went on to tell me that he has only been studying for the last 2 weeks or so since he has been so busy with work, has done no practice exams, does not use any 3rd party materials, stopped halfway through derivatives and AI because it ‘got difficult’, and ‘didn’t really get FRA.’ I think there are a lot of people in this same situation which is good for the many diligent, hard-working candidates that come onto this forum. Oh and before you say it, he did show up to the exam, I saw him there. God Bless The Curve.
canuck, I also thought the afternoon was a bit easier, if not comparable to AM at worst.
officially, there is no curve. it’s some Angoff method where a panel decides with every question if a charterholder should know the answer. unofficially, you are guaranteed to pass if you get 70%+ and the rumor is that CFAI takes the top 1% of scores, makes that the ceiling, and flows everything downward. So if the top 1% rakes in 97%, the score to pass becomes 67%
A lot of Type II error in the Angoff method
Got 85% and 76% in the AM/PM sections of the CFAI mock. I’m quite confident I passed the real exam. Keep in mind that the 36% or whatever the pass rate ends up being is only for those who sat for the exam…if say that guy at Starbucks didn’t show up then it doesn’t affect the “curve”
This is my first post. I gave CFA Level I last saturday and was my first attempt. My CFA mock score was around 68% and Schweser QB’s were between 60 to 65%. My feeling was the afternoon session was easier than the morning session but overall both were not as difficult as the Schweser QB tests
Well, the kid (just out of college) sitting next to me finished AM in an hour. PM maybe an hour and half. When I aksed him about AM, he said he didn’t think there was any question kept him thinking. Pretty itimidating Ahmm… That’s OK… I have the table all by myself. Then the woman sitting to my right didn’t come in for the PM test…I guess it was because she was writing formulas on her ticket AFTER she entered the test center… even she erased them all, they took her ticket away and gave her back when AM almost over. I guess she didn’t have another clean ticket to enter the test center for the PM.
True Wrote: ------------------------------------------------------- > I didn’t do any studying, but I did wear my Three > Wolf Moon shirt, so I’m pretty sure I’m in the top > 1%. > > Be sure to read the reviews for this shirt: > http://www.amazon.com/Mountain-Three-Short-Sleeve- > Medium/dp/B000NZW3J8/ref=sr_1_1?ie=UTF8&qid=130754 > 8283&sr=8-1 > > > > > *I’m just kidding, of course. Ha ha…
I agreed that the PM session is much harder than the AM session with regard to how you relate and link concepts you know to answer the question. Some questions are just straight forward: whether you know or you dont. The questions which require to use the calculator are a little bit tricky at most. Intelligence, comprehension, endurance, learning capability, memorization for application are all important but innovation is never required. I scored from 77% to 90% in Schweser’s QBANK.