Disappointed with the exam

SHoot85 wrote:
it was in the LOS…i’m still disappointed to see an item set based around an appendix, regardless. when there was much bigger topics not even on the exam…that’s all.
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I’d say that was a pretty big topic even if it was in an “appendix”. They could have just as easily written it as part of the main section. What difference does it make?
(Also, a huge thank you to S2000 because this topic was discussed clearly and concisely on his website.)
EDIT: I do, however, agree that some major topics were missing from the exam. I guess this is how they get candidates who rely solely on 3rd party material.
 
do you guys think there are actually different exams?
Well, not different exams. But maybe for different regions or sections they swap AM/PM with one another?
 
I agree with most of the comments here. I keep thinking of it this way: If all the material is analogous to a piece of paper, the CFAI tested a lot of the edges/corners. I am not sure how testing those aspects helps anyone in their career as an analyst. If anything it’s a testament to your memory.
 
^Isn’t that every single test in the world? Tests don’t test how “smart” you are, but whether or not someone can read and retain information.
I bet you that any charterholders were to write L1 now, they would fail.
 
hei.so wrote:
^Isn’t that every single test in the world? Tests don’t test how “smart” you are, but whether or not someone can read and retain information.
I bet you that any charterholders were to write L1 now, they would fail.
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That’s a stretch.
 
Agreee, mostly obscure parts of the curriculum that made me say WTFFF. I studied so hard revising mock exams and understanding the methodology behind solving certain problems,.
 
same thing happened when I took L2 in 2013, they really overweighted a very small section, thank god I studied it hard because I think that’s how I passed. They can do what they want… understand the frusration.
 
This is only true if the charterholder was from 1977 and he was tested on L1 exam that involved something like ABS and CMO which he knows nothing about!
 
ltj wrote:
Majestic wrote:
There was not an item set based around an appendix.. I can pretty much guarantee that to be the case
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There absolutely was. That particular part was covered extensively in Schweser though and not listed as an appendix, so if you studied from that I don’t think it took you by surprise.
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Even in Schweser, it was pretty obscure. The general concept received quite a bit of coverage, but those questions were quite detailed.
 
I think it was a fair test overall. Yes they like to catch us off guard with a couple of questions here or there but if you were dilligent in your studies you should have felt good after the exam
 
MrSmart wrote:
What topics were obsucre? I haven’t felt that way at all. I hope you don’t mean the PM FI vignette, that was a whole reading in itself.
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obscure wasn’t the right word, I didn’t find the PM fixed income item set to be a problem. I thought the way quant was asked was tough. Hard to describe exactly what I mean without getting into test specifics, damn you and your rules cfai
 
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