Could The Grinch steal my this year AM session results? Your thoughts are welcome.

CFAilure wrote:Be aware, OP, you are going to be called a whiner during the next hour or two…
Au contraire, OP was coherent…
@ OP - I’m really sorry for your situation, it seems like you’re really putting in all the necessary efforts. If I were in your shoes, I’d focus on reviewing this year’s AM when it’s available and see where you’re falling short in these written sessions. No doubt, they’re a challenge. Focusing on the AM almost exclusively won’t hurt your PM performance, you seem to have that session completely nailed. Best of luck.
 
bertran75 wrote:
itera wrote:
OP, I’m not sure what you expect from AF folks. you post 3 sets of failing L3 scores and then ask if your last one makes sense. Well, the questions are changed up yr/yr, it’s all open ended, and the only answer I can say is yea it looks like it makes sense, becuse your AM is consistenly where you are weakest.
You’ll see the actual answers yourself when it’s posted in soon.
When I got my L3 results, there were definitely a few qusetions I thought I totally nailed expecting >70, and ended up <50. It’s a crap shoot in some ways, one word could have reversed the entire answer.
Yes, I failed 2013 and 2014 and I expected those results, b/c I did not have enough time to prepare, which was completely different this year. I just don’t see how I could possible get so many of them wrong. Considering the score band of 6, it looks like i got only 20-25% on the AM session. Do you think this is reasonable?
Not really…
 
CFAilure wrote:Who you think is going to reply you? People who pass 2015 and drunk with their success? Trolls on payroll? Say them you determined to pass and they will tell you thst you are great. Complain - and they will tell you that you are a whiner, a moron, failed 3 times in a row and you have nothing to do with the program. You - even more fearable - felt into the sin of disbelieve in cfai. They will tear you to bites, you’ll see.
Most of the suggestions posted so far matched my thoughts.
 
GothamSenator wrote:
CFAilure wrote:Be aware, OP, you are going to be called a whiner during the next hour or two…
Au contraire, OP was coherent…
@ OP - I’m really sorry for your situation, it seems like you’re really putting in all the necessary efforts. If I were in your shoes, I’d focus on reviewing this year’s AM when it’s available and see where you’re falling short in these written sessions. No doubt, they’re a challenge. Focusing on the AM almost exclusively won’t hurt your PM performance, you seem to have that session completely nailed. Best of luck.
GothamSenator, Thank you!
I wish I wrote down the answers right after the exam, while they were fresh in my memory, but i was so sure I got most of the questions right that I did not even want to think about it at the time.
 
bertran75 wrote:
GothamSenator wrote:
CFAilure wrote:Be aware, OP, you are going to be called a whiner during the next hour or two…
Au contraire, OP was coherent…
@ OP - I’m really sorry for your situation, it seems like you’re really putting in all the necessary efforts. If I were in your shoes, I’d focus on reviewing this year’s AM when it’s available and see where you’re falling short in these written sessions. No doubt, they’re a challenge. Focusing on the AM almost exclusively won’t hurt your PM performance, you seem to have that session completely nailed. Best of luck.
GothamSenator, Thank you!
I wish I wrote down the answers right after the exam, while they were fresh in my memory, but i was so sure I got most of the questions right that I did not even want to think about it at the time.
Say you have your answers written. So what? Could you submit them to cfai after the am answers went public and make a case? Biiiiiig doubt.
Their goal is to take your money and to preserve prestige itera’s charter. They do not have a goal to be transparent to you.
From now on for you it is the question not even of trust, but of belief. Do you believe in cfai? Literally like that.
 
i agree that the trend in scores doesn’t make sense and that, based on the pm section, you really knew your stuff more this year versus prior years. and i don’t think it’s possible that you “just don’t get it,” with respect to formulating essay responses - as your 2014 morning performance was decent.
if i were you, i’d for sure pay the nominal fee for a retabulation - just having the peace of mind that someone took another look at your results to make sure there weren’t any obvious shenanigans; that would be worth every penny of the $100 retab fee. beacuse that’s exactly what it would be for me - a $100 “peace of mind” fee.
 
I did 10 AM exams and studied over a thousand hours to get smoked on the AM. its very obvious for me that this years AM was one of the toughest I had to solve out of the past 10 AM exams. Just like you I nailed the PM and failed the AM like someone that never read a CFA book in his entire life. I convinced myself that 2015 AM session was extremely hard. Here are my results for you to look at. Your story is very similar to mine I know how you feel!
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%.
Your score band: 7
 
Calvinoh:
I took the exam last year and scored much better on the AM than this year even without putting so many hours in.
 
eddy1134 wrote:
i agree that the trend in scores doesn’t make sense and that, based on the pm section, you really knew your stuff more this year versus prior years. and i don’t think it’s possible that you “just don’t get it,” with respect to formulating essay responses - as your 2014 morning performance was decent.
if i were you, i’d for sure pay the nominal fee for a retabulation - just having the peace of mind that someone took another look at your results to make sure there weren’t any obvious shenanigans; that would be worth every penny of the $100 retab fee. beacuse that’s exactly what it would be for me - a $100 “peace of mind” fee.
Thank you Eddy.
I will definitely do a retabulation and let everybody know.
 
I heard that CFAI disassembles the booklet by each section, then graders grade each section separately depending on their expertise and then the booklet get assembled again to count the point.
Does anybody know if this is true?
 
AM is definitely tough, I consider myself a great test taker and my 40/60/80 score is still only 65% despite a great PM performance.
 
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