I find this recurrent topic so boring and useless. None of us knows the MPS, yet you are thinking very hard trying to speculate on it. The exam won’t probably be like any of the mock exams, so looking at your scores now don’t guarantee any future success, whatever the real unknown MPS is. Oh well, If that makes you feel better coming up with a precise figure… fine!
just target to get a 70% overall . i remember doing the CFA mock 2 days before the exam , i got 69 % in it and then passed the real thing . if you target the 60%s , its risky.
Here is the email sent to the LII candidates who participated in the exam benchmarking program last summer:
Thank you for participating in the AnalystForum Exam Benchmarking program for the June 2012 Level II CFA exam. We’ve collected a substantial number of exam results and we’re pleased to provide you with the following customized benchmarking report. Benchmarking Methodology This report’s approach uses the 40/60/80 process to estimate the percentage of points you received on your exam. This approach assumes you scored an average of 40% for the sections you indicated were <=50%, 60% where you indicated 51-70%, and 80% where you indicated >70%. The result is an estimated score on the entire exam which is provided below. The report also includes a comparison of how you performed on each section compared to the average passing candidate. The average passing candidate is used as a comparison to see which area you need to improve on your next exam. Here are a few interesting points from the Level II data collected: * The lowest estimated passing score was 57.0% and highest estimated failing score was 69.0% resulting in an estimated minimum passing score of 63.0% which is the midpoint of these two figures. * 76.7% of the Level II responses were from passing candidates. This is most likely due to i) AnalystForum participants being more prepared due to their use of test prep materials (found here http://www.analystforum.com/products/cfa) and ii) that candidates who failed the exam already received their failing band information with the results. * 13.2% of the passing Level II candidates received a <=50% score on ethics. * The average estimated score of passing Level II candidates was 69.7%. * The best scoring section for passing candidates was Equity Investments (72 points) with an average score of 75.5%. * The worst scoring section for passing candidates was Portfolio Management (18 points) with an average score of 64.8%. Your Custom Benchmarking Report Below is a comparison of your score with that of the average passing score for each section of the Level II exam: * Alternative Investments (18 points): Your estimated score was *|MMERGE3|* compared to 70.2% for the average passing candidate. * Corporate Finance (36 points): Your estimated score was *|MMERGE4|* compared to 74.1% for the average passing candidate. * Derivatives (36 points): Your estimated score was *|MMERGE5|* compared to 65.8% for the average passing candidate. * Economics (18 points): Your estimated score was *|MMERGE6|* compared to 66.0% for the average passing candidate. * Equity Investments (72 points): Your estimated score was *|MMERGE7|* compared to 75.5% for the average passing candidate. * Ethical & Professional Standards (36 points): Your estimated score was *|MMERGE8|* compared to 66.5% for the average passing candidate. * Financial Reporting & Analysis (72 points): Your estimated score was *|MMERGE9|* compared to 69.7% for the average passing candidate. * Fixed Income Investments (36 points): Your estimated score was *|MMERGE10|* compared to 67.0% for the average passing candidate. * Portfolio Management (18 points): Your estimated score was *|MMERGE11|* compared to 64.8% for the average passing candidate. * Quantitative Methods (18 points): Your estimated score was *|MMERGE12|* compared to 65.0% for the average passing candidate. * Exam Total (360 points): Your estimated score was *|MMERGE13|* compared to 69.7% for the average passing candidate. Thank you for participating in the 2012 AnalystForum Exam Benchmarking program. Good luck on your next exam. If you would like to discuss these results, please share your thoughts in this thread: [2]http://www.analystforum.com/forums/cfa-forums/cfa-level-ii-forum/913 14018