montanidate
New member
- Mar 15, 2010
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Once a year sucks. I’ll be re-taking Level III for the third time next year. … .but yes, once I get pass this mother, I don’t need it to be any easier for the young guns coming up to destroy me.
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This may be borne out of frustration at potentially not clearing L2 as fast as one might hope. Once you are past it though, you realize it does not really matter. With four years of work experience needed anyway, the current schedule is fine.MissCleo wrote:
More revenue and lower pass rates, and the fact that the Bar, Med Boards, MCAT, CPA, actuarial exams are offered at least twice a year. Hell the Bar even let’s you condition, i.e. pass half, and then take just the half you didn’t pass 6 months later, and the CPA you only have to pass one of the 4 at a time.amjf088 wrote:
An understandable reaction to the feeling that you may have to wait another 12 months.
However, setting these tests is not a trivial feat, and it likely is harder to do for level 2.
From the institute’s perspective, I don’t see how it benefits the charter process.
fypusj2 wrote:
More frequent exams = higher revenues = lower member dues = you should be a fan.
How are these different? Actuarial and CPA are about as close as you can get to CFA exams and they are all offered mutliple times.amjf088 wrote:
This may be borne out of frustration at potentially not clearing L2 as fast as one might hope. Once you are past it though, you realize it does not really matter. With four years of work experience needed anyway, the current schedule is fine.MissCleo wrote:
More revenue and lower pass rates, and the fact that the Bar, Med Boards, MCAT, CPA, actuarial exams are offered at least twice a year. Hell the Bar even let’s you condition, i.e. pass half, and then take just the half you didn’t pass 6 months later, and the CPA you only have to pass one of the 4 at a time.amjf088 wrote:
An understandable reaction to the feeling that you may have to wait another 12 months.
However, setting these tests is not a trivial feat, and it likely is harder to do for level 2.
From the institute’s perspective, I don’t see how it benefits the charter process.
CFA Institute’s mission is to improve the profession. Adding extra L2 sittings really won’t. If the institute wants to improve revenues than I’d rather see them offer the exam in more lanugages. That would be a much better use of resources and increase the value of the Charter (more global and more inclusive of the best investment professionals around the world).
MCAT, CPA, Bar etc. are all seperate, different and irrelevant to this question IMO.