The Official 2012 CFA Level 3 Results Thread

CFA Level III
#281

Failed. Damned it, after hours of waiting

#282

Passed! The wait was aweful! I feel terrible for the people who had to wait this long and did not pass.

Essay

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

1 Portfolio Management - Individual 27 - - *

2 Portfolio Management - Individual 9 - * -

3 Portfolio Management - Execution 21 - - *

4 Portfolio Management - Individual 17 * - -

5 Economics 24 - * -

6 Portfolio Management - Institutional 34 - * -

7 Fixed Income Investments 23 - * -

8 Derivatives 13 - - *

9 Derivatives 12 * - -

Item Set

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

  • Alternative Investments 18 - - *

  • Equity Investments 18 - - *

  • Ethical & Professional Standards 36 * - -

  • Fixed Income Investments 18 - - *

  • Portfolio Management 18 - * -

  • Portfolio Management - Asset Allocation 18 - - *

  • Portfolio Management - Individual 18 - * -

  • Portfolio Management - Performance Eval. 18 - * -

  • Portfolio Management - Risk Management 18 * - -

#283

Passed… holy shit I’ve never done <50% on ethics on any of the previous exams or even on any of the mocks.

Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - - * 2 Portfolio Management - Individual 9 - * - 3 Portfolio Management - Execution 21 - * - 4 Portfolio Management - Individual 17 - * - 5 Economics 24 - * - 6 Portfolio Management - Institutional 34 - - * 7 Fixed Income Investments 23 * - - 8 Derivatives 13 - - * 9 Derivatives 12 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 * - - - Equity Investments 18 - - * - Ethical & Professional Standards 36 * - - - Fixed Income Investments 18 - * - - Portfolio Management 18 * - - - Portfolio Management - Asset Allocation 18 - - * - Portfolio Management - Individual 18 * - - - Portfolio Management - Performance Eval. 18 - - * - Portfolio Management - Risk Management 18 - - *

#284

Just got the email at 1:15… PASSED. Will post my miserable matrix later.

#285

My results, cleaned up:

I didn’t even bother studying for ethics, or GIPS. I’m glad I didn’t leave for home after the morning exam.

Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 * - - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Execution 21 * - - 4 Portfolio Management - Individual 17 - * - 5 Economics 24 - - * 6 Portfolio Management - Institutional 34 * - - 7 Fixed Income Investments 23 - - * 8 Derivatives 13 * - - 9 Derivatives 12 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Equity Investments 18 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 18 - * - - Portfolio Management 18 * - - - Portfolio Management - Asset Allocation 18 * - - - Portfolio Management - Individual 18 - - * - Portfolio Management - Performance Eval. 18 - - * - Portfolio Management - Risk Management 18 - * -

#286

Passed. Finally it’s over. Good luck to all who weren’t as fortunate. Next year will be your time for sure.

#287

PAAAAASSSS!!!

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Execution 21 - - * 4 Portfolio Management - Individual 17 - - * 5 Economics 24 - - * 6 Portfolio Management - Institutional 34 - * - 7 Fixed Income Investments 23 - * - 8 Derivatives 13 - * - 9 Derivatives 12 * - -

Item Set

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

#288

Congrats big ML.

#289

December 2008 - Level I Pass

June 2009 - Level II Fail (Band 10)

June 2010 - Level II Pass

June 2011 - Level III Fail (Band 7)

June 2012 - Level III Pass

Thank you to everyone on the forum for your help and encouragement.

Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - * - 2 Portfolio Management - Individual 9 - - * 3 Portfolio Management - Execution 21 - - * 4 Portfolio Management - Individual 17 - * - 5 Economics 24 - - * 6 Portfolio Management - Institutional 34 * - - 7 Fixed Income Investments 23 - * - 8 Derivatives 13 * - - 9 Derivatives 12 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 * - - - Equity Investments 18 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 18 - * - - Portfolio Management 18 - - * - Portfolio Management - Asset Allocation 18 - - * - Portfolio Management - Individual 18 - - * - Portfolio Management - Performance Eval. 18 - - * - Portfolio Management - Risk Management 18 - - *

#290

PASSED!!! Thank god this is over! Didn’t have the energy or willpower to take it again. Only wanted to take this one time and one time only.

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 * - - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Execution 21 - * - 4 Portfolio Management - Individual 17 - * - 5 Economics 24 - - * 6 Portfolio Management - Institutional 34 -* - 7 Fixed Income Investments 23 - - * 8 Derivatives 13 - - * 9 Derivatives 12 * - -

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

#291

Went through all the exams with garbage pass… but still happy :wink:

I’m too lazy to do it, but the average result from the last morning question must be one of the worst ever…

Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - - * 2 Portfolio Management - Individual 9 - - * 3 Portfolio Management - Execution 21 - * - 4 Portfolio Management - Individual 17 - - * 5 Economics 24 - * - 6 Portfolio Management - Institutional 34 * - - 7 Fixed Income Investments 23 * - - 8 Derivatives 13 * - - 9 Derivatives 12 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 * - - - Equity Investments 18 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 18 * - - - Portfolio Management 18 * - - - Portfolio Management - Asset Allocation 18 - - * - Portfolio Management - Individual 18 - * - - Portfolio Management - Performance Eval. 18 - - * - Portfolio Management - Risk Management 18 - - *

#292

PASS… Shot out to those elite, smart, capable, competent monkeys at CFAI IT. I got my email at 1:29Pm EST. Nice Job… Damn fine work.

#293

Passed!!!

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Execution 21 - - * 4 Portfolio Management - Individual 17 * - - 5 Economics 24 - - * 6 Portfolio Management - Institutional 34 - * - 7 Fixed Income Investments 23 - - * 8 Derivatives 13 - - * 9 Derivatives 12 - - *

Item Set

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

#294

Pass… holy $hit balls… im glad that is over. Congrats to passers, condolences to those who missed. You’ll get them next time.

TCB signing off.

#295

Passed! Thanks everyone - really enjoyed my time here.

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - - * 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Execution 21 - - * 4 Portfolio Management - Individual 17 - * - 5 Economics 24 - - * 6 Portfolio Management - Institutional 34 - * - 7 Fixed Income Investments 23 - * - 8 Derivatives 13 * - - 9 Derivatives 12 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - - * - Equity Investments 18 - * - - Ethical & Professional Standards 36 - * - - Fixed Income Investments 18 - * - - Portfolio Management 18 - - * - Portfolio Management - Asset Allocation 18 - - * - Portfolio Management - Individual 18 - - * - Portfolio Management - Performance Eval. 18 - - * - Portfolio Management - Risk Management 18 *

#296

Congrats that’s a solid score? First attempt? May I ask if you have any study suggestions? Thanks.

#297

Passed…

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - - * 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Execution 21 - - * 4 Portfolio Management - Individual 17 - - * 5 Economics 24 - * - 6 Portfolio Management - Institutional 34 - - * 7 Fixed Income Investments 23 * - - 8 Derivatives 13 * - - 9 Derivatives 12 * - -

Item Set

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

#298

Thank god for the afternoon session. I didn’t get anywhere near finishing the morning. So glad thats over, didn’t know if I would ever clear level 3 after last year’s fail. To everyone who failed, keep at it!

Congratulations! We are very pleased to inform you that you passed the June 2012 Level III CFA exam. 52% of candidates passed the June 2012 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 results is provided below. The three columns on the right are marked with asterisks to indicate your performance on each topic area.

Please contact us if you have questions or comments about the CFA Program.

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - * - 2 Portfolio Management - Individual 9 - - * 3 Portfolio Management - Execution 21 - * - 4 Portfolio Management - Individual 17 - - * 5 Economics 24 - - * 6 Portfolio Management - Institutional 34 - * - 7 Fixed Income Investments 23 * - - 8 Derivatives 13 * - - 9 Derivatives 12 * - -

Item Set

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

#299

Writing in the right part of the exam book helped this time… Last year I failed due to AM Session not being graded like some other people here. Still annoyed by that but gave it my best again to get it out of the way finally.

Received Email in style sitting on toilet… to gmail account with around 5 hours delay…

PASS

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - * - 2 Portfolio Management - Individual 9 - * - 3 Portfolio Management - Execution 21 - * - 4 Portfolio Management - Individual 17 - - * 5 Economics 24 - - * 6 Portfolio Management - Institutional 34 * - - 7 Fixed Income Investments 23 - - * 8 Derivatives 13 - * - 9 Derivatives 12 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - * - - Equity Investments 18 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 18 - - * - Portfolio Management 18 - * - - Portfolio Management - Asset Allocation 18 - - * - Portfolio Management - Individual 18 - - * - Portfolio Management - Performance Eval. 18 - * - - Portfolio Management - Risk Management 18 - - *

#300

PASS!

Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 27 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Execution 21 -* - 4 Portfolio Management - Individual 17 - * - 5 Economics 24 - -* 6 Portfolio Management - Institutional 34 * - - 7 Fixed Income Investments 23 - - * 8 Derivatives 13 * - - 9 Derivatives 12 * - -

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