I think you had to try pretty hard to fail the ethics portion. Most of those questions were really straight forward compared to all the examples we've been doing on this board.
Ethics was much harder than on the mock exams...there were people that posted their exam scores and passed while getting 50-70 in ethics...not sure what you are counting as a fail
I was getting over 70% on the mock for Ethic. Currently, at least I know I got 3 incorrect for Ethics, which only allows 10 incorrect to be over 70% on this section.
do you guys mean that regardless of how you do on the remainder of the test, if you fail ethics you fail the entire exam as a rule? Aren't all the questions on the exam equally weighted?
The concept here of fail Ethics=fail all is not wholly true.If you still cross over the passing mark threshold,then it doesn't matter whether you failed or not.For the sake of argument,let us assume that the pass mark is 70%.
After they capture all those who cross the viability threshold they are not able to make the cut (that is to say the target pass rate is 40%) then they will have to go down to say 65%.If at 65% they get more candidates passing than required then they will look at Ethics and push you over the fence.
There was this tread somewhere here in the forum and the anecdote suggested that you can still fail ethics and pass the exams(fail in this case means <=50).Some folks posted their results on the thread and some failed Ethics and yet passed the exams.
in the class i took (put on by people who have graded the exam) we were told that if you are borderline, ethics can push you one way or the other...e.g pass rate is 65%, you get 64 but great on ethics...pass.....conversely, you get 65 but terrible ethics---fail.
1) Automatic pass = 70% of top 1 % (changes year-to-year though..no set numbers)
2) CFA then takes a look at how many people are below 70%.
3) The "grey" area (estimate to be between 60-70%) is then weeded through with a keen look at the Ethics and FSA. I assume their thinking is these are the most important sections so if you did well in these, but didnt do well in say portfolio management, you are still a "successful" pass.
4) Overall pass rate is usally 35-40%.
Orlando Wrote:
-------------------------------------------------------
> From what I understand...
>
> 1) Automatic pass = 70% of top 1 % (changes
> year-to-year though..no set numbers)
> 2) CFA then takes a look at how many people are
> below 70%.
> 3) The "grey" area (estimate to be between 60-70%)
> is then weeded through with a keen look at the
> Ethics and FSA. I assume their thinking is these
> are the most important sections so if you did well
> in these, but didnt do well in say portfolio
> management, you are still a "successful" pass.
> 4) Overall pass rate is usally 35-40%.
wow seriously they look at Ethics and FSA more than other sections?
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.