CFAbeatmeup
New member
- Feb 10, 2015
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I understand the desire to curb cheating, but the Institute’s rules are starting to feel draconian. I’d feel slightly better about having to sit still for an hour at the end of the test if I understood why.
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As someone who never finishes these exams with more than 10 min to spare, and most of the time, within last 5 minutes, I love it. I did see something in an email about it as a new rule change, so it shouldn’t have been a surprise. I would think the reasoning is for less distraction for the remaining test-takers. It seems like a distraction at times when a third of the room is finished, getting up, moving chairs, whatever, and you’re scrambling to finish the exam, while maintaining your focus.CFAbeatmeup wrote:
I understand the desire to curb cheating, but the Institute’s rules are starting to feel draconian. I’d feel slightly better about having to sit still for an hour at the end of the test if I understood why.
It wasn’t a surprise, but I’d like to know why. I think that’s fair considering the general inequity between test takers and the CFAI. We have to wait a year to retake, can’t be late, don’t even know what the score to pass is, can have results voided simply by a proctor saying we’ve broken a rule, etc. Not that I’m complaining about those things, I agreed to them because I think the CFA designation is worth it. But any changes to the testing procedures instituted after we’ve started the journey could be explained. (Waiting for a host of people to say “If you don’t like it, quit” now…)SHoot85 wrote:
As someone who never finishes these exams with more than 10 min to spare, and most of the time, within last 5 minutes, I love it. I did see something in an email about it as a new rule change, so it shouldn’t have been a surprise. I would think the reasoning is for less distraction for the remaining test-takers. It seems like a distraction at times when a third of the room is finished, getting up, moving chairs, whatever, and you’re scrambling to finish the exam, while maintaining your focus.CFAbeatmeup wrote:
I understand the desire to curb cheating, but the Institute’s rules are starting to feel draconian. I’d feel slightly better about having to sit still for an hour at the end of the test if I understood why.
Ahh, that makes sense. I got out of the test center at 5:27 and they didn’t lose a booklet – only just really slow. Fingers crossed this is the last time.Gersonides wrote:
Last year when I sat for L2, the moron proctors at my exam were missing one test booklet. They actually held our section for about 35 minutes after the exam, and I assume that they found it since they finally let us go after that
My guess is screw ups along those lines lead to this policy.
consider yourselves lucky, in Toronto, most of us didn’t get out of the parking lot until after 6pm. I kid you not, this is no exageration, most of us had our cars turned off in the lineup waiting to get out and didn’t turn it back on for over 30 mins to move a little. Not one inch of movement in over 30 mins. It was insane.CFAbeatmeup wrote:
Ahh, that makes sense. I got out of the test center at 5:27 and they didn’t lose a booklet – only just really slow. Fingers crossed this is the last time.Gersonides wrote:
Last year when I sat for L2, the moron proctors at my exam were missing one test booklet. They actually held our section for about 35 minutes after the exam, and I assume that they found it since they finally let us go after that
My guess is screw ups along those lines lead to this policy.
Ugh. Well, hopefully this is your last testing experience.SHoot85 wrote:
consider yourselves lucky, in Toronto, most of us didn’t get out of the parking lot until after 6pm. I kid you not, this is no exageration, most of us had our cars turned off in the lineup waiting to get out and didn’t turn it back on for over 30 mins to move a little. Not one inch of movement in over 30 mins. It was insane.CFAbeatmeup wrote:
Ahh, that makes sense. I got out of the test center at 5:27 and they didn’t lose a booklet – only just really slow. Fingers crossed this is the last time.Gersonides wrote:
Last year when I sat for L2, the moron proctors at my exam were missing one test booklet. They actually held our section for about 35 minutes after the exam, and I assume that they found it since they finally let us go after that
My guess is screw ups along those lines lead to this policy.
To be honest you just sound like one of those people who have a complaint about absolutely everything. God forbid we need to answer our short answer question on a following page of an exam booklet - how on earth did I even make it through that exam having to navagate that mess!! Oh and going through the rigors of the 3 CFA exams only to not use the CFA designation is probably the stupidest thing I’ve read on this website. No one has forced you to take these exams or pay CFAI for their services. Get a grip. Maybe go outside and try to enjoy life a little, the world isn’t out to get you.KSTHANE wrote:
Because the CFAI is eternally effing stupid. It’s 2016 and they’ve got us writing in booklets flipping back two to three pages to grab information out of a problem in order to then write out our GD answer. The goal is supposedly education but they give the test just once per year, forcing tons of candidates out of the program simply because if they failed they don’t want to forget all the useless BS they learned only to have to try to relearn it again 6 GD months later. They are creating an artificial barrier to higher ethics and knowledge in this industry with this program. I have often considered the possibility of not using their GD mark and instead just listing on my resume that I have passed all three exams but if I do pass then my job will want me to use the mark for marketing purposes. They will never get dues from me personally…ever, they’re lucky my employer pays.
I love when they send me surveys too, I just go off on them every time and give them negative answers and commentary.
The proctors are definitely not rocket scientists by any means. I was the first person to check in at my section and they were pretty much clueless on what to do. Also, they used Wal-Mart bags to collect exams in. Thought that was a little tacky that they couldn’t have official looking CFAI bags. Gives the feeling someone is just taking the exams back to their house and quickly marking them while watching tv or something.Gersonides wrote:
Last year when I sat for L2, the moron proctors at my exam were missing one test booklet. They actually held our section for about 35 minutes after the exam, and I assume that they found it since they finally let us go after that
My guess is screw ups along those lines lead to this policy.
So they literally went desk to desk putting each exam in a walmart bag?Topperharley wrote:
The proctors are definitely not rocket scientists by any means. I was the first person to check in at my section and they were pretty much clueless on what to do. Also, they used Wal-Mart bags to collect exams in. Thought that was a little tacky that they couldn’t have official looking CFAI bags. Gives the feeling someone is just taking the exams back to their house and quickly marking them while watching tv or something.Gersonides wrote:
Last year when I sat for L2, the moron proctors at my exam were missing one test booklet. They actually held our section for about 35 minutes after the exam, and I assume that they found it since they finally let us go after that
My guess is screw ups along those lines lead to this policy.
Happens every year. I only left Level 1 early and did not expect the jam when I took level 2. But if you left through the main entrance (Cityview?) there were cops there that directed traffic and they stopped the other directions from moving. I got out at 5:45. The other entrance didn’t have traffic lights nor cops and everyone was turning left because that was the way to the 401.SHoot85 wrote:
consider yourselves lucky, in Toronto, most of us didn’t get out of the parking lot until after 6pm. I kid you not, this is no exageration, most of us had our cars turned off in the lineup waiting to get out and didn’t turn it back on for over 30 mins to move a little. Not one inch of movement in over 30 mins. It was insane.
I approve this message… it’s one thing to promulgate higher learning in finance, it’s another to do it by creating artificial barriers to obtaining the Chart (I say because Charter is so self-aggrandizing).KSTHANE wrote:
Because the CFAI is eternally effing stupid. It’s 2016 and they’ve got us writing in booklets flipping back two to three pages to grab information out of a problem in order to then write out our GD answer. The goal is supposedly education but they give the test just once per year, forcing tons of candidates out of the program simply because if they failed they don’t want to forget all the useless BS they learned only to have to try to relearn it again 6 GD months later. They are creating an artificial barrier to higher ethics and knowledge in this industry with this program. I have often considered the possibility of not using their GD mark and instead just listing on my resume that I have passed all three exams but if I do pass then my job will want me to use the mark for marketing purposes. They will never get dues from me personally…ever, they’re lucky my employer pays.
I love when they send me surveys too, I just go off on them every time and give them negative answers and commentary.