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 * - - We have divided the full group of candidates who did not pass into 10 approximately equal score bands. Your score band below shows how your overall score on the exam compares with all other failed candidates. Your score band: 8 I’m a bit sad. FRA is my strongest academic area and I failed to nail it! I only had over 70 in Ethics, FRA and Equities last year and passed level 1. I thought nailing these same areas will be ok for level 2. But to be honest, I think the morning session is what killed me. I’m devastated but will give it a second try.
Pass. Hip Hip Hurray. That was my 3rd try. Finally, up to the next level. To all those who did not make it, do not despair… When you finally pass, the joy is even bigger…
acorona - I entered your scores on my spreadsheet and it’s possible you got as high as 70%. The score matrix is fairly meaningless in terms of your overall performance. I.e. your matrix could describe any score between 35% and 72% according to my back of the envelope calc. Don’t worry about the ‘bands’ they only apply to the candidates that didn’t pass.
My apologies to those I have offended unintentionally. But, the intent of my post was different, not to offend any one or ridicule any one by any means what so ever. But as you rightly say, I should take it up in another forum, not here. The intent was to ensure that when we thank someone, we need to realize that those who failed might be forced to think that something was not right on their side. On the lighter side, if you want to thank your dog, there is merit in that argument, because the dog relaxed on the days prior to the exam and I am sure that helped. cousin avi Wrote: ------------------------------------------------------- > psriniva Wrote: > -------------------------------------------------- > ----- > > One comment to some of the passers. > > If you thank god for passing, then it also > means > > that god was bad / unkind to the 57% who did > not > > pass. That would definitely mean that god is a > > bad guy/gal because he plays favorites like > human > > beings. Just my thoughts. Could not resist > > sharing. > > > > I feel that it would be humble to realize that > > those who passed, did so partly because of luck > > (confluence of many factors, including our > > background, family support, financial support > etc. > > etc.) and partly because of perseverance. > > Come on guys / gals. Earth is in one corner of > > Milky way Galaxy which itself is in another > corner > > of the universe and why would any supernatural > > being worry about you. Are you arrogant enough > to > > assume so much of importance for yourself. > > > are you serious? people can thank whoever they > want for passing this exam without it turning into > some rubbish debate… they could thank their dog > if that’s how they choose to celebrate and i > wouldn’t be the least bit offended. come on > now… please stop and don’t spin this into some > theological discussion… allow those who passed > to enjoy their moment and respect it, i am certain > that they will show you the same courtesy.
Pass. All topics > 70% That’s unexpected, really.
I barely passed… Registered level 2 exam on March 15th 2011, which is my degree completion date… Studied my ass off 2 months (april - may), 8 hours a day. 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 * - -
AI 18 5% 85 4.25 CF 36 10% 45 4.5 D 36 10% 45 4.5 ECO 18 5% 45 2.25 EQ 72 20% 65 13 ETH 36 10% 85 8.5 FR 72 20% 85 17 FI 36 10% 45 4.5 PM 18 5% 45 2.25 QM 18 5% 45 2.25 360 100% 63 MPS this year is approximately 63.
Honestly I’d consider retabulation but I don’t recall many eraser marks. In fact, my problem was that I fell short on time in the AM session and randomly guessed on maybe 15 questions. I did 10x better in the PM session (nerves were calm by then) and I was just hoping it’d balance out just enough… oh wells. I’ll think about the retabulation though… psriniva Wrote: ------------------------------------------------------- > I would ask for retabulation. I heard that one > guy passed from Band 10 last year. > This is hearsay though. I do not know of anyone > directly. > What the heck. The number of hours you put in, > you are totally worth the additional cost. > > yabbadabbadoo Wrote: > -------------------------------------------------- > ----- > > 3.5 months of studying. Failed - Band 10 > > > > - 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 regret not doing more practice questions. > This > > time will do questions from CFAI in addition to > > Schweser + prac tests. I felt caught off guard > for > > Corp Fin based on the Schweser materials…
PASSSSSSS!!! on to level 3!!
Congrats to those who passed but I really don’t understand some of these scores that passed. Mine are listed below. I’ve tabulated some of those that passed based on ranges within each category and things don’t add up. For example, if they were in the 51-70% category I would make the assumption they got 65% or 70%. I know there are plenty of holes in this methodology. But in doin this, the only they passed and I didn’t is for me to be at the bottom of each category and them at the top. I’m NOT saying my scores are great or sour grapes to those who passed just trying to figure it out. I know this is a bubble score just hard to see how some passed and I didn’t. It’s just frustrating. 3 above 70% including Equity and Ethics. 4 in 51-70 and 3 below. Item Set 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 * - -
forgot to mention…BAND 2 Still worth trying again?
kslonghorn - I feel for you, happened to me two years in a row and the last fail I only scored less than 50% in two areas. Miserable experience.
kslonghorn - according to my dodgy spreadsheet, your matrix describes an overall score of anywhere between 48% and 77%… These matrix are completely meaningless in making comparisons between candidates…
7 Stages of Realizing you Failed Level2 CFA… 1. SHOCK & DENIAL- You will probably react to learning of the FAIL with numbed disbelief. You may deny the reality of the loss at some level, in order to avoid the pain. Shock provides emotional protection from being overwhelmed all at once. This may last for weeks. 2. PAIN & GUILT- As the shock wears off, it is replaced with the suffering of unbelievable pain. Although excruciating and almost unbearable, it is important that you experience the pain fully, and not hide it, avoid it or escape from it with alcohol or drugs. You may have guilty feelings or remorse over things you did or didn’t do with your time. Life feels chaotic and scary during this phase. 3. ANGER & BARGAINING- Frustration gives way to anger, and you may lash out and lay unwarranted blame for the FAILURE on someone else. Please try to control this, as permanent damage to your relationships may result. This is a time for the release of bottled up emotion. You may rail against fate, questioning “Why me?” You may also try to bargain in vain with the powers that be for a way out of your despair (“I will never drink again if you just let me pass”) 4. “DEPRESSION”, REFLECTION, LONELINESS- Just when your friends may think you should be getting on with your life, a long period of sad reflection will likely overtake you. This is a normal stage of failure, so do not be “talked out of it” by well-meaning outsiders. Encouragement from others is not helpful to you during this stage of grieving. During this time, you finally realize the true magnitude of your FAIL, and it depresses you. You may isolate yourself on purpose, reflect on things you did with your lost one, and focus on memories of the past. You may sense feelings of emptiness or despair. 5. THE UPWARD TURN- As you start to adjust to life without your CFA Level 2, your life becomes a little calmer and more organized. Your physical symptoms lessen, and your “depression” begins to lift slightly. 6. RECONSTRUCTION & WORKING THROUGH- As you become more functional, your mind starts working again, and you will find yourself seeking realistic solutions to problems posed by life without the CFA. You will start to work on practical and financial problems and reconstructing yourself and your life without being a charterholder. 7. ACCEPTANCE & HOPE- During this, the last of the seven stages in this grief model, you learn to accept and deal with the reality of your situation. Acceptance does not necessarily mean instant happiness. Given the pain and turmoil you have experienced, you can never return to the carefree, untroubled YOU that existed before this tragedy. But you will find a way forward.
Pass! 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 - * - My hands were shaking when I clicked to open the email. So relieved!
SFA Wrote: ------------------------------------------------------- > acorona - I entered your scores on my spreadsheet > and it’s possible you got as high as 70%. The > score matrix is fairly meaningless in terms of > your overall performance. I.e. your matrix could > describe any score between 35% and 72% according > to my back of the envelope calc. > > Don’t worry about the ‘bands’ they only apply to > the candidates that didn’t pass. Yea, I get the same 34.5%-71.5% range. You must have done close to the top of every range.
Failed .band 2.pm 50 to 70.rest below 50.didn’t expect to pass but when you see fail,it hits hard. sigh next year.
Passed!! Results not very convincing…but the mere feeling of clearing it in the very first attempt is great.
I feel your pain man, but you need to take some time off, rest, and start studying in September again.
Passed - on the right of borderline. Bye bye Level 2 - I thought I would never be able to leave you