hi Guys - so i know level 2 is 980345820394852345 times harder than level 1 so i know you guys are going thru alot… but i was hoping you guys can take 2 seconds to share your thoughts on this…
so i actually just took level 1. going into it i was very confident, scoring ~75% on CFA mocks prior to the exam. But after walking out of level 1, i feel like complete crap… and i feel like i definitely failed. but ive also been told that regardless of level, everyone comes out of these exams thinking they failed. so i was wondering if everyone also felt this way walking out of level 1. I was definitely prepared, put in the hours, but ended up guessing much more than i anticipated.
You’re totally not alone bro. I took/passed level I without scoring higher than a 70% on any of my mocks. Walked out of the exam completely deflated. Received my pass email in a Miami airport 8 weeks later. Best flight of my life.
I left my L1 exam feeling on top of the world. Passed with all 10 sections greater than 70. You shouldn’t be listening to what people say. However you did on the exam, that’s how you did. Worrying doesn’t add 2 more points.
Don’t underestimate level 1 - it’s no cake walk by any means. Give yourself some credit for the exam you just took.
To address your ‘how did you feel’ question, I felt exactly the same way after level 1. Thought I knew all, but walked out of the exam center kind of shell shocked as to what just happened. Thought I may have failed it, but I ended up passing, so don’t worry about it.
There’s nothing you can do now, so just take it easy and relax. Worrying about your pass/fail result does no good - it will just stress you out.
I was getting mid to high 70s on the L1 mocks and 90+ in Schweser Q bank. I left the test feeling quite unsure of how I did. To be fair, its the same way I felt after each mock, very unsure. It was always a nice surprise after I graded myself that I broke 70.
I felt L2 was curriculum-wise way more challenging, but the test itself seemed less challenging to me. I think the vignette style is actually helpful in this way. Plus, I felt a lot more at ease at L2 than L1 about the test-day stuff like lunch or things to bring. That helps.
That said the average exam taker fails at each level. Here’s to hopefully being a little above average!