There are not a small number who cannot believe they did as badly in the AM section as their marks suggest.
Has the problem got something to do with employing graders whose first language is not English , as reported here:
This year (2011), 41% of the graders came from outside of the U.S. The UK sent 20, another 11 came from Australia and 10 made the trip from Hong Kong. A greater share of graders are flying in from Asia, an area that now boasts more CFA candidates than any other, 41% of all prospects.
(http://www.fins.com/Finance/Articles/SB130990421517228159/Wet-Hot-CFA-Summer)
This is not a concern that can be dismissed -concerns about results and marking are increasing.
Meanwhile, whenever concerns are raised about CFA’s model answers , CFA rolls out the usual-“high standards”, “partial credits”, and best of all-“One of a number of possible answers”.
Yet-despite insisting that many possible answers are accepted comments of this type are also becoming more common:
The difference in my case was that I finally realized that providing the right answers has little to do with what’s actually good advice but has to come exactly from what the curricululm suggested you do in a particular situation.
http://www.analystforum.com/forums/cfa-forums/cfa-level-iii-forum/91314586?page=1
Now remember , CFA says the programme is of postgraduate level-so thinking should be allowed-as is expression-ie CFA should not be expecting all answers to sound like they have been cut and paste from the textbook.
Of course, if our markers are persons whose first language is not English, that makes a difference-they will insist that unless the answer reads exactly like that provided by CFA, it is is wrong-forget partial credits. That would require Engish language skills of a high order.
Has the problem got something to do with employing graders whose first language is not English , as reported here:
This year (2011), 41% of the graders came from outside of the U.S. The UK sent 20, another 11 came from Australia and 10 made the trip from Hong Kong. A greater share of graders are flying in from Asia, an area that now boasts more CFA candidates than any other, 41% of all prospects.
(http://www.fins.com/Finance/Articles/SB130990421517228159/Wet-Hot-CFA-Summer)
This is not a concern that can be dismissed -concerns about results and marking are increasing.
Meanwhile, whenever concerns are raised about CFA’s model answers , CFA rolls out the usual-“high standards”, “partial credits”, and best of all-“One of a number of possible answers”.
Yet-despite insisting that many possible answers are accepted comments of this type are also becoming more common:
The difference in my case was that I finally realized that providing the right answers has little to do with what’s actually good advice but has to come exactly from what the curricululm suggested you do in a particular situation.
http://www.analystforum.com/forums/cfa-forums/cfa-level-iii-forum/91314586?page=1
Now remember , CFA says the programme is of postgraduate level-so thinking should be allowed-as is expression-ie CFA should not be expecting all answers to sound like they have been cut and paste from the textbook.
Of course, if our markers are persons whose first language is not English, that makes a difference-they will insist that unless the answer reads exactly like that provided by CFA, it is is wrong-forget partial credits. That would require Engish language skills of a high order.