So started studying from mid December and Failed band 10 …one the most miserable feeling ever after putting in so much effort i know where i went wrong (failed Ethics) and i know that i will Gtd pass next year …I guess only time will heal the pain of those who had put in th effort yet failed in the meantime im considerng taking up CMA and giving the entrance exam for it i only need 5 more course(advanced financial,taxation and MIS) to be able to write the CMA entrance exam …what are all the else of you going to be doing … P.S Im from Toronto if any one wants to make a study group more then welcome get in touch at qureshq@gmail.com
My results are seriously surprising to me. Not necessarily the band 10 (because I honestly believe that can happen no matter how prepared you are, and I WAS prepared), but the breakdown. Like Fixed Income - I was scoring above 80% in FI consistently. PM and Econ are also very surprising. I have no idea what happened in those sections. At least with FRA I know what happened - a LIFO/FIFO vignette instead of other things I had a very firm grip on. Oh well, life goes on, right? I’m still not sure what I’m going to do. Probably cry in my beer for a couple of months and start over in February. Sigh. Otherwise it’s CIMA. - Alternative Investments 18 - * - - Corporate Finance 36 * - - - Derivatives 36 - - * - Economics 18 * - - - Equity Investments 72 - - * - Ethical & Professional Standards 36 - - * - Financial Reporting & Analysis 72 - * - - Fixed Income Investments 36 * - - - Portfolio Management 18 * - - - Quantitative Methods 18 * - -
I had > 70 in Equity, Derivatives and FI …Corp fin, and FRA 50-70 and rest less then 70… for me i know for sure Ethics failed me …looking at your result seems u shd have squeezed a pass since u nailed Ethics… shd we go for retab?
Must be frustrating as hell ! My heart goes out to you
Yeh i some how coped with my Band 10 fail but my parents were so disgusted they could not believe i failed and my mom cried all day …it was heartbreakinng:(
Yeah my mom cried too, it’s tough as hell traderanalyst, and I was only Band 8. Starting now though we have no excuse to fail next year.
Yeh Misscleo i know we will nail this one next year …im still debating if i shd send for retab since i did erase about 4 questions and the bubble was still black after being erased…
Your moms cried ?! 
May I ask where you two are from?
Im originally from South Asia(India/Pak) now living in Toronto
asian parents are usually like that
I am sure you will nail it the next time round guys !!!
i understand that…my mom is asian too.
Yea man…been there…especially when your whole extended family knows you’re taking the exam…no added pressure of course…
South Asian parents get too touchy when it comes to exams. I cleverly and deliberately didnt spread the news of CFA much in the extended family earlier. After passing L2, I have spread the word a little. But Trader Analyst and MissCleo Never give up!! I wasn’t expecting to pass before the exam this time despite being a retaker. But I kept going at my best during the last month and the exam day. Managed to pass at the low margin.
Yeh now i wish i had not spread the word of this exam as my whole extended family are sending me condolensces fucking hate my life rite now
my dad had no idea what cfa is. he doesn’t give a shit
wow lucky u
My two cents. I failed Band 10 last year. I felt like a caged beast. I remember retakers saying that studying for level II the second time is much easier… but all i could think about was reviewing all that material over again… It’s tough at first to mentally get back into it, but they were right, going over the material for the second time is a lot easier, once you start to get into it, and slowly build momentum. A retaker who seriously prepared the first time is now a battle hardend veteran… you are hundreds of hours ahead of those fresh from level I. You are much more likely to survive the next Level II battle, given the experience you have. And remember, CFA is a war. One cannot be strong in all areas, nor expect to win every battle. It is not the beginning that matters but the end. Enjoy the rest of the summer, then back to training.
Traderanalyst Wrote: ------------------------------------------------------- > Yeh now i wish i had not spread the word of this > exam as my whole extended family are sending me > condolensces fucking hate my life rite now You’ll just have to deal with it for another month or so, then it will go away. With that said now, since you were band 10 and probably missed out by a couple of questions, you should really hit it hard in the fall to maximize your advantage, don’t take it too easy in the fall.
@MissCleo and TraderAnalyst - Your moms cried? That’s so sad! Wow, if my mom cried because of me, I would feel devastated as well. I understand your feelings. And MissCleo, I saw your posts in the other thread about shooting yourself etc. - don’t worry, we will all pass level 2 in 2012 
So, don’t give up. There’s a reason why, even if you become a charterholder, the words ‘CFA’ appear AFTER your name - YOU are more important. YOUR LIFE is more important than the CFA designation - this is just an exam. I mean, it’s about that one day. Things could go bad that day; maybe you have a headache, maybe you were sleepy, maybe it just wasn’t your day! How can your performance tested in a few hours decide your survival? Some 50 years down the line, you won’t even care about the designation, most probably. And reading some inspiring posts by others, who passed on their 4th and 6th attempts, you just cannot give up. Good luck!