Fail & Frustration

[undeep]

Its almost been 3 weeks since i got my frustrating result. With a 4 months of Attempt after done with level 1, i got a band score of 5. Didn’t expect that much bad. The main problem is can’t concentrate of goinf through my whole curriculams. It appears me like i am the lone sailor in the pacific just right now and dont know where to head for and how? seeking fod advices…

 

[HardeepK]

Hi Undeep, past is history move on and nail it next time. I failed with 4 months of study and got band 10 on my first attempt and later realized that one should go through with schweser 3 to 4 times and atleast do few mocks. Since you have already studied for 4 months. I believe you will do good if you do all eoc’s two times.
Best of luck!!!

 

[rluk]

undeep wrote:
Its almost been 3 weeks since i got my frustrating result. With a 4 months of Attempt after done with level 1, i got a band score of 5. Didn’t expect that much bad. The main problem is can’t concentrate of goinf through my whole curriculams. It appears me like i am the lone sailor in the pacific just right now and dont know where to head for and how? seeking fod advices…

You may see from Level 3 forums there are some guys who have started their CFA program around 8-10 years ago and they are still approaching the final line. So failed one time is really no big deal, you can pass Level 2 if you do enough practise & practise.

 

[itera]

^ yea the CFA program is not worth 10 years. at all.

 

[Vineet Saini]

You are definitely not a lone sailor as only 46% candidates have managed to cross the line.
If you don’t feel like going through the curriculum again, then you can try out going through EOC and blue box examples and try to solve those on your own. You should find difficulty in solving all the questions. Then you can refer to the curriculum notes and can try again those questions again. Or may be start with your weakest area and try to gain expertise in that.
A band of 4 is a poor band but for the 2016 exam, band 10 and band 4 are equal. I know few guys who had passed L2 in the second attempt easily after getting a band less than 5 in the previous attmept and also few guys who had failed the exam again even after scoring a band of 10 in the previous attmept.
Focus on clarity of concepts. Keep on revising the key concepts again and again and do not stop unless you are getting around 75% marks in the mocks as on the exam day your performance can go down a bit.

 

[john_london]

Here’s my 10 cents: it’s better to spend 100 hours too many than 1 minute too little (or something like that, anyway, sounded a lot better in my head).

Essentially, just study way more than you should. I used CFAI materials, studied an absoloutely ridiculous amount of hours due to my non-finance background and from pure terror of failing. And I never have to take it again. Those hours were worth it.