re: In honor of CFA-1

Congrats fizz. What events transpired in the 24 hours after you received these results?

Congrats kfiz. Only 2 left!

Failure, but with solid marks

Dear TheHiddenFlask,
Your results for the June 2010 Level II CFA exam are below. The pass rate for June 2010 Level II was 39%. If you have questions or comments, please contact us.

Level II: Fail

The table below illustrates your subject matter strengths and weaknesses. The three columns on the right are marked with asterisks to indicate your performance on each question or topic area.
Item SetQ#TopicMax Pts<=50%51%-70%>70%

-Alternative Investments18--*
-Corporate Finance36--*
-Derivatives36-*-
-Economics18--*
-Equity Investments72-*-
-Ethical & Professional Standards36--*
-Financial Reporting & Analysis72-*-
-Fixed Income Investments36*--
-Portfolio Management18-*-
-Quantitative Methods18-*-

I don't know what happened to me on fixed income, but I definitely dropped the ball on that one.

There's always next year :sigh:

Congrats kfizz. THF that stinks, that must be painful. Better luck next time and I think it is great you both are cranking out the effort to gain the certification.

Looks like buying a bimmer with a vanity plate might be a tad easier on the noggin.

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THF that stinks, that must be painful. Better luck next time

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Thanks for the wishes, but don't worry about me. I had braced myself for it and the pain of failure isn't as bad as waiting on the results, so it's a net relief.

I can't say that I deserved to pass, but that 61% failure rate on level 2 is a buzzkill. Usually level 2 has a higher passage rate than level 1. That's the lame thing about the black box grading system.

For clarification, band 8 means that I was in the top 20-30% of all failing candidates. So, I missed it by a sizeable margin, but under normal passage rates, I would have either passed or come very close to doing so.

Either way, I figure that level 2 in 2011 will just be a layup since I've already covered all of the material.

Meant 70s, all "--*" of those.

quote:

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In law school and taking L2?

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No, he's doing JD/MBA. He took L1 last year, but opted out of taking L2 this year while being an L1.

Even the academic gods have to sleep.

I know L1 is simple, as I said, I would've been massively disappointed had I failed. You not passing L2 just solidifies, in my mind, how much more of a challenge it is.

is that just a red x for everyone else?