The Official 2012 CFA Level 3 Results Thread

Passed! I couldn’t believe it! So surprised. I was in serious anxiety mode for days beforehand. I wish everyone the best.

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 - - *

Passed. Three for three.

Failed band 10. Pretty disappointed right now put so much time into this.

Might pay the 100 bucks for a shot to regrade. Being it was hand graded its worth a shot for the amount of time i put in

PASSED! LI Dec 10, LII Jun 11, LIII Jun 12. WOOOOOOO.

Q#TopicMax Pts<=50%51%-70%>70% 1Portfolio Management - Individual27–* 2Portfolio Management - Individual9-*- 3Portfolio Management - Execution21*-- 4Portfolio Management - Individual17–* 5Economics24–* 6Portfolio Management - Institutional34-*- 7Fixed Income Investments23–* 8Derivatives13–* 9Derivatives12*–

Item Set Q#TopicMax Pts<=50%51%-70%>70% -Alternative Investments18–* -Equity Investments18–* -Ethical & Professional Standards36–* -Fixed Income Investments18–* -Portfolio Management18-*- -Portfolio Management - Asset Allocation18–* -Portfolio Management - Individual18–* -Portfolio Management - Performance Eval.18–* -Portfolio Management - Risk Management18–*

Passed, Finally. AM is not impressive, but improved from last year (6 sections under 50%). PM is better than what I expected. Ethics is above 70%, that is highest % I’ve got since L1, in real and mock exams.

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 - - *

Failed. Band 9. I figure it was ethics that was the Achilles heel (I could’ve used the adjustment!) - the AM result looked kinda similar to the ugly passes presented thus far. Never done this badly in ethics so am rather perplexed at the score. Oh well - I did spend a month in total studying, which isn’t too bad, I suppose. I’ll be back!!!

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 - - *

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 - - *

Passed. Thanks all, thanks AF!

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 - - *

passed!

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 - * -

still waiting… I’m absolutely worthless right now…

+1

3 for 3!

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 - - *

passed

Passed - 3/3

See you later AF, it was a slice.

Congrats to all who passed! Fail! Band 10

Passed Yeahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

PASSED!!! I failed in 2011 (band 8) so this was my 2nd try.

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 - * -

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 * - -

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 - - *

Passed!!! This is about as close as it gets… I didn’t touch the last question in the morning and missed half of Q3!

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

*