so how'd it go?

CFA Level II
#122

I thought the exam was reasonable, but still couldn’t remember how to do the derivs and fixed income nothing like that is covered in the text book.

The AM was harder than the PM except for Fixed income.

The topics were not the main topics except for equity and FRA.

I found fixed income most hard and guessed the whole lot of the second exam.

Derivs the usual questions which I got stumped on in the exam.

And Ethics also not what you expected, quants the usual, Economics the usual, Corporate finance, I thought was easy, PM I guessed, FRA, Equity, Fixed income, Derivs, alternative investments also what they usually ask and not what you think you would ask. They didn’t ask a chunk of the los.

Overall I think I did reasonably so I hope I passed.

#123

Hahahaha I remember one of the questions…that pissed me off so much. I just missed 3 letters of that word for the first 4 times I read it…

But finally when I read it really really really really carefully…I found out what it was asking for.

Luckily there was a blue box question similar to it so I remembered what it was talking about…but this was after wasting 10 minutes in the afternoon session…

Sigh…seriously PM wasn’t harder…just wordier and really tested your fundamentals.

#124

It involved person A doing something, then person B doing something after that, and who does the violation apply to.

#125

I personally thought equity was harder this year than last year. Last year I got over 70% and I felt it was more plug and chug with the obvious formula’s compared to this year. There was one question in equity that made you decide if it was under, over or fairly valued and the range they gave for fairly valued my answer came very near to which made me wonder if I had done the question wrong (I was 100% right on the formula) or whether to pick over valued instead of fairly.

#126

honestly, and not to be a dick, but all the feedback on the exam from this forum/thread is making me feel a bit better about things. i think i crushed the big sections, but a couple 1 item set sections i didn’t know as well so had to guess at. all in all, in both exams, i probably had to guess at 15 questions or so. hopefully I can grab like 4-6 of those at worst, and if i got 70+ on rest of exam, giving me somewhere in the mid 60’s somewhere. so i’m probably on the border. but it sounds like a lot, ie. the majority, also found it very tough and guessed at sections etc. so maybe mid 60’s will be enough to get through.

#127

Is this “table” in relation to an IPO allocation??

#128

I was in TCC as well. Lucky that I got an empty table, I wouldn’t have liked to be seated next to someone.

Does sound like there are different versions.

#129

I wore a sweater and coat and was still cold.

#130

Nevermind, I’ll leave it to the powers that be yes

#131

It was undervalued for me.

#132

I don’t think anyone could answer that without being in violation.

A table is just a series of columns and rows with numbers in it…a spreadsheet is the classic example. It can be as big or as small as you like, it’s still a table in my books.

#133

Same for me. I also was worried given how close I was, but sounds like we were on the right path.

#134

How are some of these posts not in violation of the standards? Lol.

#135

Some wouldn’t be complaining if they knew the curriculum well laugh

#136

I found AM really easy and PM significtlanty harder, the 3 PM last items being the hardest .

For the penultimate item I got only one answer after 18 minutes, start to really panick especially because I hadn’t much time letf for the last item. I jump to the last item and had difficulty to read correctly because of panic. I manage to get the last question right (one with a lot of calculus needed) and was happy like if I had scored a goal. My confidence get back and I was able to concentrate again on the item and found some other anwsers (but I think I made a silly mistake because I mix up one word).

Then I get back to the penultimate item 5 minute before the end and got 2 other answers probably good, randomly choose 2, and the last I don"t remember how I cope with it.

I wouldn’t be surprise if I failed 50% of the question of the 3 last three items which means 9 mistakes. Then I would be surprise if I did more than 2 mistakes by item. That 43 mistakes, 77/120 = 64%. Should be good especially because I think I have less than 2 mistake/item, but god, the 2 last items were really a struggle, just when I thought things went great, I almost lost every thing.

#137

+1

I’m not sure whether I really aced the exam or got in the tricks you all speak about. I think the exam was way too easy and I feel quite disappointed and even robbed. My competitive advantage was I was strong in more difficult core questions and the exam was full with simple basic or periphery concepts. Even that FI vignette was pretty straightforward. On the other hand I think I didn’t do so well in Corporate finance and AI but it’s my fault that I haven’t solved the EOC Qs second time. These two months will be very long…

#138

bobbybrave, i remember you from last year. i was a band behind you. email me on gmail if you have a chance

#139

pcp investigators on line 1…

#140

Opposite for me…

#141

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