I just got done with the morning session and got a 75% as well (45/60). I did poorly on fixed income and somehow the equity section gave me some problems as well. I also got tripped up on corporate finance but those are easy fixes where now I (hopefully) won’t make the same mistakes again.
Part of it is fool’s gold because I went 6/6 on portfolio management and I know I’m not that good at that section. Also went 11/12 on FRA and can’t hope to actually do that well on the exam.
Nice job everyone. I bombed. 46% average between morning and afternoon. I read Schweser once. Most of it was just lack of review. As I go over the answers I’m reminded of simple formulae that had just slipped my mind over the past few months.
I didn’t think it was too bad. I have gotten through part of the afternoon portion and so far it’s a lot harder but I haven’t gotten to my good topics yet. I’m expecting a lower score on the afternoon session based on early results though. I would not have done well on this after one pass through the material…but this is my third time taking the Level 2 exam (two band 9 fails in a row).
I took the first test in the Schweser practice book and got 73%. The CFAI test is only my second mock exam.
Last year on my first mock exam I think I got about 65% or so, and on the Schweser exams I was always scoring pretty close to 70%. I always seem to start taking them in mid April, by late May on tests I hadn’t seen I was getting high 70%'s and ended up failing.
I was extremely confident walking out of the test last year and was really surprised when I didn’t pass. Interestingly, I wasn’t near as mad failing it the second time with band 9 as I was the first time. The test is just so random in what they’ll hit you with on the small sections that there is a lot of variation that can occur.
Fortunately I already work in the industry so at this point it’s just about pride and about giving myself negotiating leverage for raises, or giving myself a better opportunity to get a different job if I was ever so inclined.