I know its in the ethics but what are some reasons they dont want us to discuss the questions on the exam? What are they so scared of?
I agree it’s stupid. Being able to discuss questions after the exam would allow people to improve their comprehension.
I’m fairly sure I passed, but that doesn’t mean I didn’t get questions wrong. Maybe 20% of them, in fact. I think it’s important for anyone wanting to be an investment professional to understand exactly what they got incorrect, not just “oh, my overall economics score is low”, but exactly what part did they misunderstand.
This is especially true for the ethics portion where I would love to debate some of the questions where the answer was somewhat unclear. The entire investment profession would benefit from open discussion.
Agree… Unless they use the same fkn exam over and over there shouldn’t be a reason to prohibit discussing questions. The candidates who fail the test will be able to learn from it then do better next time…
If the exams became public, ppl could develop,answer keys and game the exams.
lol I just want to know whether the answer for one of the questions was strong-form or not. People said it was semi-strong.Lol Please do not type the question, but you’ll know which one if you do remember.
That seems unlikely for two reasons:
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Fully published exam results are much different than saying “hey, did everyone member to check if xxxx was antidilutive?” (just a made up example). All the knowledge on the internet couldn’t put that exam together again from memory - there were 240 questions.
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Seeing the answers to 6 schweser exams in a row won’t help you for the 7th schweser exam, so why would it help for the actual CFA exam? There’s inifinite questions to choose from.
redacted out of fear
I put Weak… sooo… whatevs 
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CFAI rules make no sense but it’s their game.
It seems quite innocent to pose a question about Fama’s market efficiency but it’s things like this that can land you in the doghouse. A lot of folks do it and most don’t get caught, but CFAI monitors these forums and nail a few every year or so.
There’s a guy in the L3 forum who still hasn’t gotten his results because a PCP investigation was opened against him for innocently discussing the exam on AF.
How did CFAI find him out thou?
This makes no sense and I don’t believe it’s real. I’ve used a screen name from a friend’s company as my username and didn’t even bother to change the country.
It would be ludicras for any action to be taken unless you could prove it was that person… lol, maybe he used his email address the same as his CFA address. At the same time, the forum says quite clearly it doesn’t give your email address out.
In my opinion that person is a shill for the CFAI and it’s not real.
That doesn’t mean you shouldn’t be bound by the ethics agreement you signed at the beginning of your exam.
Transparency shall be better for creditworthness / trustworthness.
Don’t know how he was caught but he was quite active in the L3 community when I was preparing for last June exam. The point is that people do occassionally get caught.
I wouldn’t be surprised if someone used the same email address for CFA and AF. At the time of registering for CFA and AF, there are people who may be unaware of the code of conduct that prohibits discussing exam topics.
What the website says is immaterial. If the website owner is a CFA member (which he is) then he is bounded by the Standard to always consider the PCP as an extension of himself and as a result he would be violating the standards if he refused to divulge confidential details such as email addresses , to the institute when required of him.
I seriously don’t understand why people will deliberately choose to violate this code though. Not only is it explicitly included in the ethics material, but we also signed a pledge to protect the integrity of the exam. The least of the things expected of anyone worthy of the designation is to protect the values of the designation which we all obviously work so hard to achieve.
What makes CFA different from a host of other exam is the fact that it prides itself in being a beacon for the Investment Industry in terms of ethics and professionalism. If this value cannot be protected, then what’s the point of studying 300 hours for the CFA?
I think we should be careful to distinguish the Code of Ethics from what each person may truly believe is the most ethical behavior.
In my opinion, protecting the “integrity of the examination” by keeping questions a secret isn’t the best possible answer to this ethical issue (I’m not talking about the Code here). The best approach would be for CFAI to be transparent. As some pointed out, this would allow investment professionals to better learn from their mistakes - it is not hard to argue that better prepared professionals are good for capital markets. After the exam, candidates could see which ethics points aren’t that clear to them, for instance, and be better able to follow the Code and Standards.
I think CFAI keeps the questions secret because it is so much easier for them. Having the questions in the open would allow people to challenge some questions, and that would be a hassle - a wider variety of question types would probably be needed as well.
If we run a pool of random members or candidates, I think it’s fair to say that most would be in favor of more transparency - and by that I mean no more secrecy about the questions after the exams.
With that said, CFAI does enforce the Code of Ethics, and there is no reason for us to go against it, since we agreed with it in the first place. And they do catch some people about discussing questions - a couple years ago some guys tried to recreate the exam in the forums or something like that. If I recall correctly, CFAI banned them from taking the exams for 5 years and published their full names in their website - they basically got “Googloed” as cheaters for life - not very pleasant.
CFa exam is weak, semi-, or strong?
Can use public, fundamental or private? hahahah
One reason the CFAI claims is that they don’t want people to be able to claim they received a higher score in a CFA exam then someone else who passed. This is similar to other professions I guess. For instance, what do you call the guy who finished last in his class in med school…doctor!
Ya but what does that have to do with discussing the questions on the exam?