Any interest in starting an online petition to have Level II twice a year?

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.
 
MissCleo wrote:
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.
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.
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.
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.
 
More frequent exams = higher cost = higher member dues = I’m not a massive fan.
 
amjf088 wrote:
MissCleo wrote:
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.
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.
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.
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.
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.
 
Why torture yourself once a year when you can do it twice a year :). Good luck and yes I’m in favor of this.
 
Thanks Andy but I thought you passed for sure. I’ll set this up when I get home. Hope the CFA doesn’t black ball me!
 
I am for this, thought about doing it last month.
Yes, it makes it easier to get the designation but there are probably few designations where you can only take the test annually (I don’t know of any). This method only makes it harder to get the charter, but does not increase the knowledge of the candidates in any way.
Miss Cleo - if you start a petition I would suggest that you do not put any of your other ideas on there (I know you have many), keep it simple.
 
1x per year is fine. of course, I’m biased since I passed. won’t try L3 til 2014 tho cuz i got full time school now
 
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