You surely will my friend…i left 2 questions untouched in AM…so my chances are slim…but no one knows…a 50-55% AM and 80-85% PM can sail me through////…
yes of course. It’s easy with the AM time crunch to read fast and answer fast and miss something, making the questions appear easier than they really are. you leave confident until the score comes back and you wondered what you messed up on.
Is this accurate by other ppl’s experiences? If leaving that much blank can still get you Band 10, is the bar a lot lower for passing on Level 3? If so, I’m pretty confident I passed.
Everyone I talked to a my test center (Ottawa, Canada) found the AM really hard and weren’t confident about their results. I actually found it pretty straightforward except for 1, maybe 2 parts of a question that I didn’t really study. Of course I will have gotten some parts wrong that I thought I aced, so we will see how it all rattles out in a few a month.
PM was also pretty straightforward. Last two questions were harder I thought, but I had lots of time to work through them. Overall came out optimistic. Anything can happen of course, but I’d be pretty disappointed if I didn’t pass based on how well I feel I did walking out of there. With about a 50% pass/fail rate, is the bar for passing lower then Level 1 and 2 or is it just that more people do better then the lower levels (the herd has been thined to only the best)?
I thought the AM section was the hardest in comparision to 2011-2014, there was a particular ‘new’ element added to the IPS questions which made it significantly more difficult to justify your answer/choice. There were 2 sub-sections later in the exam that I had to quickly put something half baked down with the hope of grabbing a point. I also bombed a pretty big minute section which I used to know really well. Kicking myself for it now but can’t get too upset after the fact.
PM seemed fair but it had it’s usual curveballs and framed in a ways not presented in the CFAI material - which is typical. I feel like I crushed the first 30 questions and was slapped in the face in the back half - I think I was just extremly tired towards the end. The AM section was a mad dash and my energy/focus level was hampered.
Overall I’m not confident as I know there are a lot of points I left on the table - knowing you missed XYZ points is unsettling when you have no idea how the rest of the exam will be graded.
AM was manageable… I attempted all 11/12 questions (I cant even remember how many they were)… I left the Institut and Individ qstns for the last hour… I had 59mins to do them; That is to say that I rushed through them (but I had already done all the others with probably a 60% chance of corect answers on the 114 points)…
Having rushed through the Insti. and Individ, I dont remember much abt what I wrote although I know one of the Indiv. was ambigous; however I believe I will get 70% out of the 66 points…
PM was hard to me; I definitely wont get over 50 like I would do on the Mocks. I know of 3 questions which caught me offside;
The first question in the PM got me offguard… lol…it’s like being tested a the preface of a topic
2 questions in the global standards (just got confused; so ended up with the wrong answers)
The rest of PM I was cool but nothing as straight forward as the Mocks were… AND although guys got caught offside by the lst 2 vignettes; I was as cool as hell there 5/6 for each of them…
WITH THAT, I DONT FEEL CONFIDENT THAT I AM GONNA PASS
25 points out of 180 is not the end of the world, it shouldn’t lower your score THAT much. Depends on how you did the rest of the morning session of course…
I bet everyone read that and thought, “F***. Me.” I know I did hahaha
I feel like a little bit of an outlier…I finished the AM with 30 minutes to spare and had only left one sub-question blank because I didn’t know if the formula I knew would give the correct answer or not, so didn’t want to waste time there. There was one part where I just wasn’t 100% sure on my answers, but my educated guesses would have given me at least some of the points. Went and reviewed everything, beefed up some answers where I wrote “&” instead of and, etc, and made sure I caught any tricks or mistakes on my end. Finished up confident, in line with where I wrote other exams. I thought it was easier than other AM test sections because my weaknesses were not on it.
On the PM I finished the exam in about 75 minutes, maybe 90. It was really easy and then I went back and reviewed my test and caught where I might’ve flipped some some equations, and then I revisited the spectre that is Ethics. Ethics was, by and far, the hardest part of the test for me. I had been scoring fantastically well on all Ethics past CFAI and Mocks (10/12 and 12/12), so I just reviewed that Asset Manager Code of Conduct the night before (skimmed - 5 min) and only skimmed the other parts of the reading once a couple months ago, so I thought it was an issue just specific to me, but it seems that everyone everywhere felt the same thing. I remember thinking as I went through the first 12 ethics questions, “What if THIS question is the one I guess wrong on, and is why I’m band 10 and don’t pass??” But I got back into the groove after killing the rest of the exam and felt slightly more confident running through my Ethics answers and re-analyzing them. I definitely guesses on a few, but I could at least narrow them down to 50/50 most of the time.
If I fail it will be because of 1) Ethics and 2) not what I wrote on the AM, but how I wrote it. There was almost nothing on the exam that I didn’t specifically know how to answer but I did catch some errors where formulas could be a little tricky. I ended up spending a total of 30 minutes on 2 questions specifically, just reverse engineering the answers with the formulas I knew, and catching where the institute would have assumed a candidate most likely made the mistake, so that I could justify my answers.
I can’t wait until 2 weeks from now when this test is just a big blurr, discussing how you felt just gets you more nervous and anxious and really accomplishes nothing
I attempted all AM questions and finished just in time. The questions were straightforward to me, except for behavioural finance which has never been my favourite topic.
On the contrary to many of you, I found the PM session harder especially those involving some complicated calculations, mainy because I did not practice on them well ahead.
I was so occupied with work this year and as a result, by the time I finished reviewing the readings, I only had one day to quickly do the two mock exams for PM session and then to have a quick look at the two most recent AM exams, just to be mentally prepared for the sort of questions I may see the next morning haha.
Overall, I would say I’m confident at around 60-70% of my answers. Hope we will all pass
You are correct whatsyourgovt. Discussing how you felt after the fact accomplishes nothing and builds more nervourness and anxiety. Especially when the memory starts to get hazy and you ask yourself "did I really get that right?"or “did I miss such and such”
Guess we’re all a bunch of masochists.
But like you said, in two weeks this will all be a blurr.
If there is one thing for me to regret about this exam, it is the fact that I did not engage in a conversation with this nice L2 asian lady. Instead I spent 30 min before each exam session pacing around the emergency staircase shaft in the middle of the hall. First, 3/4 a rotation clockwise to check her out, then a 3/4 rotation counterclockwise to verify that she too checks me out. Felt like a hamster on a pendulum. Oh well, conservatism bias I guess.