Border line Failures... I was there last year

Chizi

New member
Joined
Jun 18, 2026
Messages
0
Reaction score
0
I failed Band 10 last year because I completely ignored Ethics.. Ethics owned me last year and I must have scored a 1-2/12.. I paid the price by having to study another whole year… See my scores below;
What did I do different?? Nothing much - Just reviewed lot of AM actual exams.. Got to appreciate how to answer in short form..
2015 BAND 10 FAIL
Essay
Q# Topic Max Pts <=50% 51%-70% >70%
1 Portfolio Management - Institutional 14 - - *
2 Portfolio Management - Institutional 17 - * -
3 Fixed Income Investments 19 * - -
4 Alternative Investments 20 * - -
5 Portfolio Management - Performance Eval. 15 - - *
6 Portfolio Management - Risk Management 14 - * -
7 Portfolio Management - Individual 18 * - -
8 Portfolio Management - Individual 16 * - -
9 Portfolio Management - Asset Allocation 15 * - -
10 Economics 14 * - -
11 Portfolio Management - Indiv/Behavioral 18 - * -
Item Set
Q# Topic Max Pts <=50% 51%-70% >70%
- Economics 18 - - *
- Equity Investments 18 - - *
- Ethical & Professional Standards 36 * - -
- Fixed Income Investments 18 - - *
- Portfolio Management 18 - * -
- Portfolio Management - Individual 18 - - *
- Portfolio Management - Monitor&Rebalance 18 - - *
- Portfolio Management - Risk Management 36 - - *
We have divided the group of candidates who did not pass into 10 approximately equal score bands. Your score band below shows how your overall score on the exam compares with the overall scores of candidates who did not pass this exam. For example, a score band of 1 indicates performance in the bottom 10%, a score band of 10 indicates performance in the top 10%.
2016 Exam Result.. PASSED
1 Portfolio Management - Institutional 20 - *-
2 Fixed Income Investments 22 - * -
3 Equity Investments 19 * - -
4 Portfolio Management - Asset Allocation 13 - - *
5 Portfolio Management - Monitor&Rebalance 13 * - -
6 Portfolio Management - Individual 22 - -*
7 Portfolio Management - Individual 17 - -*
8 Portfolio Management - Risk Management 20 - - *
9 Economics 18 - -*
10 Portfolio Management - Indiv/Behavioral 16 - -*

Item Set
Q# Topic Max Pts <=50% 51%-70% >70%
- Alternative Investments 18 - - *
- Economics 18 - - *
- Ethical & Professional Standards 36 - - *
- Fixed Income Investments 18 - - *
- Portfolio Management - Asset Allocation 18 - -*
- Portfolio Management - Individual 18 - -*
- Portfolio Management - Institutional 18 - -*
- Portfolio Management - Performance Eval. 18 -* -
- Portfolio Management - Risk Management 18 - - *
 
To succeed, you must feel endure pain.. and I did!!!
 
Last year (Level II) I reviewed Ethics four times and did hundreds of questions. I failed Ethics.
This year (Level III) I almost ignored Ethics. I got over 70%.
I honestly believe that Ethics is a black box. I know Ethics is crucial in our profession, but for this exam, I think it’s got a very very poor bang for your buck. At least this is my experience.
 
Portfolio Manager wrote:
Last year (Level II) I reviewed Ethics four times and did hundreds of questions. I failed Ethics.
This year (Level III) I almost ignored Ethics. I got over 70%.
I honestly believe that Ethics is a black box. I know Ethics is crucial in our profession, but for this exam, I think it’s got a very very poor bang for your buck. At least this is my experience.
+1
 
Back
Top