I passed my CFA level 2 back in 2011, failed level 3 once in 2012.
Started a new job soon after that, & didn’t continue my level 3 study as work was pretty full on. Now I have a bit more free time and wondering whether should complete CFA and it may take a few more years.
Anyone has similar situations & what are your suggestions?
I’m just repeating the gospel. But my first practice exam score on Level 3 was better than my first practice exam score on Level 2 and likely Level 1. I’m talking about the online multiple choice exam not the dreaded morning portion.
Oh so you haven’t even taken L3 yet and weren’t referring to the written portion of the exam that not only makes up 50% of it but is the main reason people find it more difficult. Got it. Thanks for your valuable input.
Even if L3 seems harder when you are answering the questions, I don’t know if we can say that it’s actually a harder exam, since we don’t know the passing rate for the same candidates who take L2 and L3. Maybe the exam seems hard, but it is offset by a low passing standard.
I’d definitely agree though, that you would normally feel less comfortable in answering the L3 question, since the answers can be subjective and the format can be disorienting.
If time and money aren’t an issue, you should take it. If you pass, you’re a charrerholder, and if you fail, you’re no worse off than now
I wonder go though the whole of L1 and L2 again. I’d start soon going through the 2018 notes from your favourite provider (which you should be able to buy cheap in a few weeks) and you may find you need to fill in a few gaps from the earlier levels.
When the updated notes come out early next year, you’ll already be familiar with most of the material
You sir are not making friends and influencing people.
My opinion is 100% valid as someone who took time off from the CFA program after passing Level 1 then came back years later, further more I am actively studying for Level 3 so am using the current official curriculum and in my opinion it is less reading, less formulas, and less stressful than Level 2. I’ve written multiple morning sessions from previous years, multiple online practice exams and I’ve seen the percentage of people who have passed Level 3 stay above 50% whereas it is clearly lowest for Level 2 in the long run averages of all the levels. It is true Level 1 and Level 2 weed out a lot of people, but I myself worry less about Level 3 than I worry about other real world issues. And I think I’ve just about had enough of this forum.
I doubt I will be posting or logging in again, congratulations!