Failed band 10 too and it was my second attempt. Omg can t believe it. First attempt fra got me. This time corporate finance got me. What i can t believe is that the first attempt i rocked corporate finance >70%… I m really starting thinking that i m a fcking looser
@Rlee110, Band 10 means you almost there. Ethics,FRA, Equity, Derivatives, AI, FI focus on these next around. I am sure you will in 2012. I did not prepare for Quants, Economics. Just flat out guessed them. Still passed.
Having just failed L2 for the second time (both were band 10 fails) I’m not sure what to do. I feel like giving up, however, I was very close to passing on both attempts. The test changes so much year-to-year, outside of the core topics, so I could easily study my a$$ off next year with the same result. What would you guys do? Has anyone out there failed with a band 10 twice? I feel like I’m an annomaly - a really bad one at that. I’m thinking of having my results retabulated for mental but I know that is merely a waste of $100. Has anyone ever heard of this working? My results are listed below and, frankly, based upon my results I would have thought that I would’ve done much worse than a 10 band. My grid last year displayed a much, much stronger breakdown outisde of FRA which was under 50% (I must’ve bombed FRA for last year to be a fail). - 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 - * -
Hey man , it really means very little to your career. I m in Finance field and m sure to tell you so. Taking CFA just shows your interest in the field. Getting the charter does not make you a better Analyst.
Last year I was a band 10 level 2 fail after preparing really hard. These were my results! 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 --* Don’t ever underestimate ethics!! I passed this year however.
The only thing eating my head is Band 10. I feel like the feast was ready but I couldn’t eat it. Well not much to regret, when you plan to kill the monster in your first attempt with mere 95days of preparation…you can’t expect to gung ho… from there. I think the only reason I failed is lack of practice, I just read the whole material from Schweser in 2.5 months and the rest alloted to review and some practice exams. Seeing my results I think I should have practiced a lot of questions in Equity and Derivatives…just reading that material doesn’t help. I feel weird when people talk about going only through CFAI books in L2. I haven’t experienced L2 before, but at least for L2 2011, I don’t think CFAI books would have either helped me either. Will start early this time, probably in December and hope it kill it in 2012. I don’t if I should go for something else can be done in the mean while. Item Set Q# Topic Max Pts <=50% 51%-70% >70% - 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 - * - Your score band: 10
Band 10 me too…I don’t think CFA is impossible…few guesses didn’t go my way…not a sensible thing to say when a year has been wasted…but 4 days gone by and people around me think that I have passed L2…coz I am not giving up.
got only 2 in less than 50 ,ethics and Quants, failed band 10, ethics got me I guess. But u kno its really easy to go thru the materials 2nd time, im sure we’ll pass next year, so cheer up. I have worked with analysts with only bachelor degrees but still there pridictions of the year end stocks VALUE were dead on, so I dont think 2 be a good analyst u have b a CFA.