I am inclined to regrade just because… but part of me feels this is just another way to squeeze another $150 out of me. Has anyone ever heard of a successful regrade?? Level 3: Fail The table below illustrates your subject matter strengths and weaknesses. The three columns on the right are marked with asterisks to indicate your performance on each question or topic area. Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 26 * - - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - * - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 * - - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - * - 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - * - - Ethical & Professional Standards 36 * - - - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - - * We have divided the full group of failed candidates into ten approximately equal score bands. Your score band below shows how your overall score on the exam compares with all other failed candidates. For example, if your reported score band is 1, you scored in approximately the bottom 10% of failed candidates. If your reported score band is 2, your score was within the next band width ranging from approximately the bottom 11% to 20% of failed candidates. If your score band is reported as 10, you scored in the top 10% of all failed candidates. Performance band of your overall score among all candidates who failed the exam: 10
I failed and was in the 8th group, probably not worth regrading. But for a 10, i would probably get it regraded…nothing to lose but $100 or whatever they charge these days.
Thanks- I was hoping for some miracle story of a failed turned passed! I guess I do have nothing to lose.
If you don’t need the $100 do it, otherwise its not worth it. You are effectively asking CFAI to admit that they made a mistake…herehere!
The answer is always NO. Put $100 into better use (to reduce the pain). Then wake up and get angry at CFAI so you can destory the exam next year.
Was in your shoes last year and dropped the $100 for the RETABULATION. It is not a regrade, as they do not look at your answers again and decide you deserved 6 points instead of 4. They just add up your points again and make sure all of your answers were actually graded. So, the only way to get additional points is if they added incorrectly or the orginal graders completely missed one of your answers. It’s a one in a million shot, but I thought it was worth the money last year just for the piece of mind. My result didn’t change, but I did feel better.
thanks higgmond. I think I am going to do it although I doubt it is worth anything. very seed tonigit
cfalvl3–Keep us posted on the result. I am considering a regarde myself as well, though it does look like a one in a million shot!! I think I will make the decision this coming weekend. As a first-time dad and had taken my level III first-time while my babyboy was eight months old, I wish I won’t have to go through the whole thing again. Did enjoy the studying materials but not taking tremendeous time away from my lovely little one. Please see my result below: >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Level 3: Fail The table below illustrates your subject matter strengths and weaknesses. The three columns on the right are marked with asterisks to indicate your performance on each question or topic area. Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 * - - 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - * - 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - * - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - - * We have divided the full group of failed candidates into ten approximately equal score bands. Your score band below shows how your overall score on the exam compares with all other failed candidates. For example, if your reported score band is 1, you scored in approximately the bottom 10% of failed candidates. If your reported score band is 2, your score was within the next band width ranging from approximately the bottom 11% to 20% of failed candidates. If your score band is reported as 10, you scored in the top 10% of all failed candidates. Performance band of your overall score among all candidates who failed the exam: 10
higgmond Wrote: ------------------------------------------------------- > Was in your shoes last year and dropped the $100 > for the RETABULATION. It is not a regrade, as > they do not look at your answers again and decide > you deserved 6 points instead of 4. They just add > up your points again and make sure all of your > answers were actually graded. So, the only way to > get additional points is if they added incorrectly > or the orginal graders completely missed one of > your answers. It’s a one in a million shot, but I > thought it was worth the money last year just for > the piece of mind. My result didn’t change, but I > did feel better. higgmond is exactly right. They don’t “regrade”, they just retabulate your scores to make sure their addition is correct. But I did hear one successful story of someone going from a fail to pass after a retabulation. Of course, I wouldn’t put your hopes up, but there is a very very slim chance that the CFA Institute made a mistake in adding up your score. Good luck.
cfalvl3 Wrote: ------------------------------------------------------- > thanks higgmond. I think I am going to do it > although I doubt it is worth anything. > very seed tonigit Hang in there cfalvl3 and best of luck. For what it’s worth, I was Band 10 last year and killed it this year. Knowing I missed by a couple of multiple choice questions was a real motivator while studying this year. I’m sure you’ll own it next year if the retab doesn’t work out.
higgmond, How long did it take to receive the new result once turned in your request in your case??? Tks!!
Well…no one can say I didnt go down swinging! Got the final word today that my score stands…no errors on the retabulation. While I am not surprised I have to admit there was a part of me that was really hoping for a miracle on this one. I am still glad I spent the $100 so I dont have to spend the next year thinking about what-ifs. The bigger problem might be the screen name I chose! What was I thinking? I passed lvl 1 & 2 on my first tries and now am looking at my third time for III…I think I am just subconsciously trying to live up to my name! Higgmond…hope to be where you are at next year!
unlucky man. Sounds like you were pretty close though to hopefulyl 2010 will be a good yr for you.
faxed mine over today. no hope really of a bump into pass, but I’d rather do it and not have any doubt. who knows…
Retabulations are NEVER EVER worth the time and money.
^Other than peace of mind. I did it once and it was worth it. It didn’t change anything but at least I felt that I exhausted every option. Retaking the test vs. $100 and a chance to not have to retake the test is not a contest.
hezagenius Wrote: ------------------------------------------------------- > Retaking the test vs. $100 and a chance to not > have to retake the test is not a contest. I’m thinking that the odds of your mark changing are better than winning the lotto?! Like they say… “You can’t win it if you’re not in it!”
I also did the retabulation this time and no error was found. I knew it was a one in a million shot in the beginning, but I did hope for a miracle at the same time. If one has $100 to spare, I would say go for the retabulation for a peace of mind. I am more focus on the 2010 exam now and don’t have any doubt to think back.
You know…if I was the CFAI, it would be in my best interest to overturn one or two exams a year. Look how many people throw their money down the toilete hopping to be that one in a million. If they turned over just 10 a year every freaking Band 9 -10 fail would be happily sending them checks for weeks…they need to hire me for strategic buisness development, I have IDEAS.