Official June 2014 CFA LEVEL 3 Results Thread

I passed, whew!

I don’t feel the same elation I felt when I passed L2, but rather, just a sense of relief and “Glad that’s over with.”

Scores in AM were 6 Qs at 70%+ and 5 Qs at 51-70%.

Scores in PM were 7 topics at 70%+ and 1 topic at 51-70%.

Schweser material and practice exams were very helpful.

Failed . Band 3. Will regroup and try again!

Passed! Sexy party time!

Weird. I had a dream I checked the email and I passed. Then I quit the computer checked again and passed. Woke up, checked my phone. No results. Then low and behold, I go to work, and find out I failed. band 8. FML. See you all next year at LA. We’ll bag and tag next year, no worries.

band 9 last year, this year i passed.

I was so sure I passed last year, I walked out of the exam 30 min early and told everybody i was gonna pass.

This year I sat till the last min of the exam and checked quesetions over and over again.

for those of you that are failing L3 the first time, dont give up, second time around is much easier. you will not need nearly as much time.

Don’t trust Schweser for AM, their essay questions are Fxxxed up. Use past papers!

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 20 * - - 2 Portfolio Management - Individual 19 - * - 3 Equity Investments 17 * - - 4 Economics 15 - * - 5 Portfolio Management - Institutional 16 * - - 6 Portfolio Management - Institutional 16 - - * 7 Fixed Income Investments 11 - - * 8 Portfolio Management - Asset Allocation 15 - * - 9 Portfolio Management - Risk Management 15 - - * 10 Portfolio Management - Monitor&Rebalance 19 - - * 11 Portfolio Management - Individual 17 - - *

Item Set

Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Economics 18 - * - - Equity Investments 18 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management - Individual 18 - - * - Portfolio Management - Performance Eval. 18 - * - - Portfolio Management - Risk Management 18 - - *

First time failer here. Hope some of you retaker-passers stick around to give advice to 2015 retakers like myself. A little crushed this morning with a Band 10. Gotta get this next year…

way to go CPK123. I think you were such a huge contributor to answering questions. It’s almost like another Smagician in the room. Really happy for you.

Congrats:

Gringo, CPK, Bilal, Gottuso, everyone. Special shoutout to S2000.

Thanks to all the AF’ers pass or fail this was a great resource for the exam. If any of you are ever in Vancouver I’d be happy to buy you a beer.

Passed!!

I really like to thank everyone in AF for their kind posts… It helped me a lot to passing this exam. A big thank you to everyone. Salute!

Well Camille My heart goes out to you. Next year I wish you in advance. BTW you appear to me a very beautiful lady… correct me if I am wrong!

Congrats Cpk123…your sheer determination and hard work finally paid off!

Passed! I guess my afternoon paper saved the morning paper

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 20 - * - 2 Portfolio Management - Individual 19 - * - 3 Equity Investments 17 - * - 4 Economics 15 - * - 5 Portfolio Management - Institutional 16 - * - 6 Portfolio Management - Institutional 16 - - * 7 Fixed Income Investments 11 - - * 8 Portfolio Management - Asset Allocation 15 - - * 9 Portfolio Management - Risk Management 15 * - - 10 Portfolio Management - Monitor&Rebalance 19 - - * 11 Portfolio Management - Individual 17 - - *

Item Set

Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - * - - Economics 18 - - * - Equity Investments 18 - - * - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - - * - Portfolio Management - Individual 18 - - * - Portfolio Management - Performance Eval. 18 - - * - Portfolio Management - Risk Management 18 - - *

Done and dusted.

Congratulations! We are very pleased to inform you that you passed the June 2014 Level III CFA exam. 54% of candidates passed the June 2014 Level III CFA exam. Now that you have passed Level III, you must be a regular member of CFA Institute to be eligible for the award of the CFA charter. Log in now to verify your current membership status or complete the application process.

A summary of your exam result is provided below. The three columns on the right are marked with asterisks to indicate your performance on each topic area.

Kindly contact us if we can answer any questions about the CFA Program.

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 20 - * - 2 Portfolio Management - Individual 19 - - * 3 Equity Investments 17 - * - 4 Economics 15 * - - 5 Portfolio Management - Institutional 16 * - - 6 Portfolio Management - Institutional 16 - - * 7 Fixed Income Investments 11 * - - 8 Portfolio Management - Asset Allocation 15 - - * 9 Portfolio Management - Risk Management 15 - - * 10 Portfolio Management - Monitor&Rebalance 19 - * - 11 Portfolio Management - Individual 17 - - *

Item Set

Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - * - - Economics 18 * - - - Equity Investments 18 - - * - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - * - - Portfolio Management - Individual 18 - - * - Portfolio Management - Performance Eval. 18 * - - - Portfolio Management - Risk Management 18 * - -

Passed.

Passed! Nerdy life comes to an end! also happy to make it on my first attempts. Have been terified thinking i left last 2 AM qs (36 points) on the table, Expected to be on the border line. but my result speaks otherwise.

Essay

Q# Topic Max Pts <=50% 51%-70% >70%

1 Portfolio Management - Individual 20 - * -

2 Portfolio Management - Individual 19 - - *

3 Equity Investments 17 - * -

4 Economics 15 - - *

5 Portfolio Management - Institutional 16 * - -

6 Portfolio Management - Institutional 16 - - *

7 Fixed Income Investments 11 - - *

8 Portfolio Management - Asset Allocation 15 - - *

9 Portfolio Management - Risk Management 15 - - *

10 Portfolio Management - Monitor&Rebalance 19 * - -

11 Portfolio Management - Individual 17 * - -

Item Set

Q# Topic Max Pts <=50% 51%-70% >70%

  • Alternative Investments 18 - - *

  • Economics 18 - - *

  • Equity Investments 18 - - *

  • Ethical & Professional Standards 36 - * -

  • Fixed Income Investments 36 - - *

  • Portfolio Management - Individual 18 - - *

  • Portfolio Management - Performance Eval. 18 - * -

  • Portfolio Management - Risk Management 18 - - *

Passed! OMG! - thanks to Analyst Forum and SirMagic for all the help over the past few years.

Band 10 fail. Really sucks to know that 1 or 2 q’s could have ended this for me

Essay

Q#

Topic

Max Pts

<=50%

51%-70%

>70%

1

Portfolio Management - Individual

20

*

2

Portfolio Management - Individual

19

*

3

Equity Investments

17

*

4

Economics

15

*

5

Portfolio Management - Institutional

16

*

6

Portfolio Management - Institutional

16

*

7

Fixed Income Investments

11

*

8

Portfolio Management - Asset Allocation

15

*

9

Portfolio Management - Risk Management

15

*

10

Portfolio Management - Monitor&Rebalance

19

*

11

Portfolio Management - Individual

17

*

Item Set

Q#

Topic

Max Pts

<=50%

51%-70%

>70%

Alternative Investments

18

*

Economics

18

*

Equity Investments

18

*

Ethical & Professional Standards

36

*

Fixed Income Investments

36

*

Portfolio Management - Individual

18

*

Portfolio Management - Performance Eval.

18

*

Portfolio Management - Risk Management

18

*

Passed! The afternoon session put me over the top.

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 20 - - * 2 Portfolio Management - Individual 19 - * - 3 Equity Investments 17 - - * 4 Economics 15 * - - 5 Portfolio Management - Institutional 16 - * - 6 Portfolio Management - Institutional 16 - - * 7 Fixed Income Investments 11 * - - 8 Portfolio Management - Asset Allocation 15 * - - 9 Portfolio Management - Risk Management 15 - - * 10 Portfolio Management - Monitor&Rebalance 19 * - - 11 Portfolio Management - Individual 17 - - *

Item Set

Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Economics 18 - - * - Equity Investments 18 - * - - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management - Individual 18 - - * - Portfolio Management - Performance Eval. 18 * - - - Portfolio Management - Risk Management 18 - - *

Man … I’m really happy you made it!!! Now it’s time check if passme and sooraj made it.

DEFINITELY GOING FOR THE THREE LETTERS!