So how did you find the exam?

I picked up that we shouldn’t be discussing specific questions…

So now your life is boring as a ChartHolder?

I personally felt I was ready for the exam since I was able to recall all the formulas prior to the meeting. But as the exam came by, it felt like some of the answers were too easy and I had to recalculate and give it some thoughts to see if there were any tricks hidden in the context. I personally was surprised of the Quant…

AM : Reasonable but had to guess around 15 guesses.

PM : A bit harsh and had to make around 15 guesses.

I heard from a colleauge (CFA charterholder) that the answers are different from candidate to candidate. They mix up the answers between the candidates. I don’t know if it’s true.

If that is the case… then they must have spent a lot of printing cost…

why? I don’t see the relationship between different answers and printing costs. At the end they print the same amount of exams and the grading is done by machine.

I’m 95% confident about 77 Qs, 65% confident about additional 3 Qs (in which case they didn’t ask about exact calculation but qualititive ones, so I’m not 100% sure even though I’m quite positive about my logic). I’m pretty sure that I’ve already got 8-10 questions wrong, after recalling from exam and reviewing notes and books. For the rest 30 Qs, either they’re not tricky ones so I can’t remember or I might just ‘guess’ them over the exam…including the well educated guesses.

My strength lays in Quant, PM, Alternative, Equity and CF; Fin, Eco and FI locate in so-so area; and Derivatives (mornings session) is definitely my weakness as I didn’t do enough practice, only all notes questions and all EOCs. I found derivatives in PM not an issue at all, though. Ethics is subtle, and my performance in general ethics (excl. ROS) is super inconsistent with big fat tail I guess, so I didn’t judge it here.

I’ve read notes for 4 tims and my 2017 AM/PM Mock score is 65%/63% and I got both 63% in 2016 AM/PM Mock. I’m not sure if I can pass, but it’s time to move to the summer internship and hopefully I can have both congratulations letter from CFAI and return offer from the bank in the following two months! Fingures crossed…

BTW I have a lot of Cs in a row as other guys, not just PM, some sort of AM as well…

It’s true.

If not, just a glance to the answer sheet of the neighbor candidates and you can easily guess the answer pattern.

I also think its true, because I read that many people on the PM topic had a lot of Cs, I had a lot of B (PierreCFA I read that you also had a lot of Bs).

What was your conclusion in the end…lot of tricks or easy answers reconfirmed?

I would have to say most of them are just reconfirmed but around 2-3 Q’s were changed at each AM/PM section… Due to error from quick glancing at the problem set.

i had a lot of Bs i believe

I wonder what is the odd of having a straight A (or B, C) in the exam? For example what is the probability of having at least 5 same letter in a row?

There are 3^60 possible set of answers for a 60 questions exam. Suppose there are 1 millions people take CFA level 2, the probability that two people have the same set is still infinitesimal.

So, I must suppose that CFAI creates only 1 hundred or one thousand set of answers. But having a set with a same letter in a row is purely random or with intention of CFAI?

I think it’s purely random and there might be just a few set of different answers.

Until now we have seen here that for PM there are pople who had at least 5 C and others 5 B

I had 5 Bs in a row as well.

Pretty sure all of the numbered answers are always in ascending order (i.e., A

5Bs or 5Cs…how sure are you that all are correct answers? :neutral_face: Maybe it’s a trick you all fell for :grin:

You are not wrong. We can not be sure if we had correct answers. Besides, I don’t think we have all the same set of answers.

But think, if you don’t have any straight B or C and the majority in this forum has it, who will worry most? :smiley:

Oh… I’m sure. I’m sure.