Level III: PASS 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 35 - * - 2 Portfolio Management - Institutional 25 - - * 3 Portfolio Management - Institutional 24 - * - 4 Economics 14 * - - 5 Portfolio Management - Asset Allocation 15 - - * 6 Fixed Income Investments 18 - * - 7 Portfolio Management - Risk Management 20 - * - 8 Portfolio Management - Monitor&Rebalance 17 - * - 9 Portfolio Management – Performance Eval. 12 - * - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Equity Investments 36 - * - - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - * - - Portfolio Management 18 - - * - Portfolio Management - Individual 18 * - - - Portfolio Management - Risk Management 18 - - *
Ugly pass…still wondering how on earth I passed. I did CFAI books for levels 1 and 2 but this year had no time. Focused on Schweser only, felt relatively well prepared. No question came up that I didn’t study in Schweser. The killer was that I completely screwed up by nerves on first question, did not take enough time to read it, then realised I messed up the IPS, and ended up redoing everything, and spending over an hour on question 1. Had to rush through the rest of the morning session, resulting in morning carnage. I never had problems with timing at levels 1 and 2. Advice to 2011 exam takers is to ace the afternoon sessions and manage your time most efficiently in the morning to limit damage. PASS Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 35 * - - 2 Portfolio Management - Institutional 25 * - - 3 Portfolio Management - Institutional 24 * - - 4 Economics 14 - - * 5 Portfolio Management - Asset Allocation 15 - - * 6 Fixed Income Investments 18 * - - 7 Portfolio Management - Risk Management 20 * - - 8 Portfolio Management - Monitor&Rebalance 17 - * - 9 Portfolio Management - Performance Eval. 12 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Equity Investments 36 - * - - Ethical & Professional Standards 36 * - - - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - * - - Portfolio Management - Risk Management 18 - - *
Thanks. I did it. Level III: PASS Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 35 * - - 2 Portfolio Management - Institutional 25 - * - 3 Portfolio Management - Institutional 24 * - - 4 Economics 14 * - - 5 Portfolio Management - Asset Allocation 15 - - * 6 Fixed Income Investments 18 * - - 7 Portfolio Management - Risk Management 20 - * - 8 Portfolio Management - Monitor&Rebalance 17 - * - 9 Portfolio Management – Performance Eval. 12 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 * - - - Portfolio Management - Risk Management 18 - * -
Band 10. It hurts
It’s been a great fun peeps! Your June 2010 Level III CFA exam results are below. 46% of June 2010 Level III candidates passed the exam. If you have questions or comments, please contact us. Level III: PASS 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. EssayQ#TopicMax Pts<=50%51%-70%>70% 1Portfolio Management - Individual35–* 2Portfolio Management - Institutional25–* 3Portfolio Management - Institutional24*-- 4Economics14*-- 5Portfolio Management - Asset Allocation15–* 6Fixed Income Investments18–* 7Portfolio Management - Risk Management20–* 8Portfolio Management - Monitor&Rebalance17-*- 9Portfolio Management – Performance Eval.12*-- Item SetQ#TopicMax Pts<=50%51%-70%>70% -Alternative Investments18–* -Equity Investments36–* -Ethical & Professional Standards36–* -Fixed Income Investments36–* -Portfolio Management18*-- -Portfolio Management - Individual18*-- -Portfolio Management - Risk Management18-*-
Band 8
Was really hoping to to go 3/3 and be done…Band 10 sucks. Level III: 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# TopicMax Pts<=50%51%-70% >70% 1 Portfolio Management - Individual35-*- 2 Portfolio Management - Institutional25–* 3 Portfolio Management - Institutional24-*- 4 Economics14*- - 5 Portfolio Management - Asset Allocation15-*- 6 Fixed Income Investments18*-- 7 Portfolio Management - Risk Management20*-- 8 Portfolio Management - Monitor&Rebalance17*-- 9 Portfolio Management – Performance Eval.12 --* Item Set Q# TopicMax Pts<=50%51%-70% >70% - Alternative Investments18–* - Equity Investments 36–* - Ethical & Professional Standards36 --* - Fixed Income Investments36 --* - Portfolio Management18 *-- - Portfolio Management - Individual18-*- - Portfolio Management - Risk Management18*-- 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. Your score band: 10
I cannot believe people are passing with only 6 sections > 70% That is shocking to me. Last year some people failed that had 11 sections > 70%
Level III: PASS 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 35 - - * 2 Portfolio Management - Institutional 25 - - * 3 Portfolio Management - Institutional 24 * - - 4 Economics 14 * - - 5 Portfolio Management - Asset Allocation 15 - - * 6 Fixed Income Investments 18 * - - 7 Portfolio Management - Risk Management 20 * - - 8 Portfolio Management - Monitor&Rebalance 17 - * - 9 Portfolio Management – Performance Eval. 12 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - * - - Equity Investments 36 - - * - Ethical & Professional Standards 36 * - - - Fixed Income Investments 36 - - * - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - * - - Portfolio Management - Risk Management 18 - * -
mirabile visu… August 2010 Level 3: Pass 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 35 - * - 2 Portfolio Management - Institutional 25 * - - 3 Portfolio Management - Institutional 24 - * - 4 Economics 14 - * - 5 Portfolio Management - Asset Allocation 15 - - * 6 Fixed Income Investments 18 * - - 7 Portfolio Management - Risk Management 20 * - - 8 Portfolio Management - Monitor&Rebalance 17 * - - 9 Portfolio Management – Performance Eval. 12 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - * - - Portfolio Management - Risk Management 18 - * - Read information on obtaining your charter
CFA Jay, the pass breakdown clearly indicates, imo, that this year was much much harder than past years. I personally thought the 2007-2009 exams were much more straightforward than this year’s. When I finished the first half, I remember walking outside and laughing b/c I knew that I got completely destroyed. I have to imagine that the pass score was close to 60% given the poor scores with passes, including mine. I know I was right on the cusp, no idea how I passed given my score breakdown. But I put over 300 hours into studying and, like I said, I was very comfortable with the old exams and the CFA practice exam going into this. Level III: PASS 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% Portfolio Management - Individual 35 - * - Portfolio Management - Institutional 25 - - * Portfolio Management - Institutional 24 * - - Economics 14 - - * Portfolio Management - Asset Allocation 15 - * - Fixed Income Investments 18 * - - Portfolio Management - Risk Management 20 - * - Portfolio Management - Monitor&Rebalance 17 * - - Portfolio Management – Performance Eval. 12 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% Alternative Investments 18 - * - Equity Investments 36 - - * Ethical & Professional Standards 36 - * - Fixed Income Investments 36 - - * Portfolio Management 18 * - - Portfolio Management - Individual 18 * - - Portfolio Management - Risk Management 18 * - -
browndt1 Wrote: ------------------------------------------------------- > Level III: PASS Congrats! That is a huge deal. Welcome to the the club.
Guys, did anyone back out their actual score out of 60 on the afternoon? I figured out I got between 43 and 52 out of the 60 questions. (So 72%-86%) Did anybody pass with a lower range, or did anyone fail with a higher range?
DZ2010 Wrote: ------------------------------------------------------- > Guys, did anyone back out their actual score out > of 60 on the afternoon? > I figured out I got between 43 and 52 out of the > 60 questions. (So 72%-86%) > Did anybody pass with a lower range, or did anyone > fail with a higher range? Yeah it’s pretty easy to do. Mine had to be somewhere between 73.3%-90.0%. I’m guessing the actual score was probably near the middle around 80%, but I’ll never know or really even care.
Level III: PASS 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. EssayQ#TopicMax Pts<=50%51%-70%>70% 1Portfolio Management - Individual 35–* 2Portfolio Management - Institutional 25–* 3Portfolio Management - Institutional 24*-- 4Economics 14*-- 5Portfolio Management - Asset Allocation 15–* 6Fixed Income Investments 18*-- 7Portfolio Management - Risk Management 20-*- 8Portfolio Management - Monitor&Rebalance 17*-- 9Portfolio Management – Performance Eval. 12–* Item SetQ#TopicMax Pts<=50%51%-70%>70% -Alternative Investments 18–* -Equity Investments 36–* -Ethical & Professional Standards 36–* -Fixed Income Investments 36–* -Portfolio Management 18–* -Portfolio Management - Individual 18*-- -Portfolio Management - Risk Management 18*–
I really thought I did well enough to pass this year, even thought I did OK in the morning session. I have been attempting level 3 on and off for over the past 7 or 8 years. (did pass L1 and L2 on first try in the early 2000s… I also satisfied requirements for being a Regular Member of CFA Institute a few years ago). This year I thought was my best year yet I could not go over the hurdle. I have to seriously think about committing the necessary resources for another attempt or just face the fact that I’m not destined with the CFA charter. Felt really bad yesterday…brought back bad memories of not being successful at the UFE… August 2010 xxxxxx doesun 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 35 * - - 2 Portfolio Management -Institutional 25 * - - 3 Portfolio Management -Institutional 24 - * - 4 Economics 14 * - - 5 Portfolio Management - Asset Allocation 15 - - * 6 Fixed Income Investments 18 * - - 7 Portfolio Management - Risk Management 20 * - - 8 Portfolio Management -Monitor&Rebalance 17 - * - 9 Portfolio Management –Performance Eval. 12 - * - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Equity Investments 36 - * - - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - * - - Portfolio Management - RiskManagement 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: 9
Failed big time. Oh well, I’ll let it marinate for a few months and think about trying again next year. Congratulations to those who passed. Maybe I’ll join you next year. ======================================== Dear Mister Loser, Your June 2010 Level III CFA exam results are below. 46% of June 2010 Level III candidates passed the exam. If you have questions or comments, please contact us. Level III: 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 35 * - - 2 Portfolio Management - Institutional 25 - * - 3 Portfolio Management - Institutional 24 * - - 4 Economics 14 - * - 5 Portfolio Management - Asset Allocation 15 - - * 6 Fixed Income Investments 18 * - - 7 Portfolio Management - Risk Management 20 * - - 8 Portfolio Management - Monitor&Rebalance 17 * - - 9 Portfolio Management – Performance Eval. 12 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - * - - Equity Investments 36 * - - - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - * - - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - - * - Portfolio Management - Risk Management 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. Your score band: 5
Dear Delta1012 Your June 2010 Level III CFA exam results are below. 46% of June 2010 Level III candidates passed the exam. If you have questions or comments, please contact us. Level III: PASS 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 35 - - * 2 Portfolio Management - Institutional 25 - - * 3 Portfolio Management - Institutional 24 - * - 4 Economics 14 - - * 5 Portfolio Management - Asset Allocation 15 - - * 6 Fixed Income Investments 18 * - - 7 Portfolio Management - Risk Management 20 - - * 8 Portfolio Management - Monitor&Rebalance 17 * - - 9 Portfolio Management – Performance Eval. 12 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Equity Investments 36 - * - - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - * - - Portfolio Management - Risk Management 18 * - - Now that you have passed Level III, you must also become a Regular member of CFA Institute to be eligible for the award of the CFA charter. You may verify your current membership status or complete the application process by logging in to your online account. Any alteration of this e-mail message is strictly prohibited and may be grounds for disciplinary action by the CFA Institute Professional Conduct Program.
Points Minimum Maximum Min Max AM 180 104 152 57.8% 84.4% PM 180 129 156 71.7% 86.7% 360 233 308 64.7% 85.6% Can anyone else post a similar matrix so we can figure out a tighter range for the MPS? From the above, we know the MPS is between 233 and 308 (between 65% and 86%) … with more samples like the above we can probably narrow the range substantially.
CFA Jay Wrote: ------------------------------------------------------- > I cannot believe people are passing with only 6 > sections > 70% That is shocking to me. > > Last year some people failed that had 11 sections > > 70% I felt the same but still the pass % is lower than last years. Says a lot how tricky or tough in general test had been to most of the candidates this year.