Failed (Band 10): Retabulation experience?

zen123

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Congrats to all those who passed.
I failed, band 10 (first time for the level 3).
Would anyone have an idea, if retabulation leads to different result?
Or from the earlier years, does anyone have positive experience from retabulation?
 
Would greatly assist, if S2000 Magician sir could also comment
 
I might go for a retab and I’m band 7.
I don’t know yet.
 
Honestly if you’re band 10, i’d say do it!
The chance of a mistake happened when adding up your score is slim BUT the benefit of not retaking is HUGE and the cost is small!
do it, at least you will feel better about it that you’ve tried your best, and if it doesn’t work, well you knew you failed so it won’t be a surprise for you!

(Band 7…. another story ^_^)
 
zen123 wrote:Would greatly assist, if S2000 Magician sir could also comment
The anecdotal evidence is that a retabulation never works.
(“What, never?”
“No, never!”
“What, never?”
“Hardly ever.”)
To me, it’s really a question of peace of mind: what’s that worth to you?
If spending $100 isn’t a hardship, and doing so, even if you still fail, will let you feel that you did absolutely everything you could to pass, then spend the $100; doing otherwise would be stupid.
If spending $100 is an hardship, or if doing so and still failing will leave you recriminating yourself for wasting the money, then you probably shouldn’t spend it.
 
NANA Hachiko wrote:
Honestly if you’re band 10, i’d say do it!
The chance of a mistake happened when adding up your score is slim BUT the benefit of not retaking is HUGE and the cost is small!
do it, at least you will feel better about it that you’ve tried your best, and if it doesn’t work, well you knew you failed so it won’t be a surprise for you!

(Band 7…. another story ^_^)
I agree. I just can’t believe I got my ass handed so badly to me in the morning. I will not re-tab, I will simply spend another year trying to finish this fucking exam.
 
Dear zen123
For your consideration.
I have PDF with historical results published in 2012.
In 2012 for Level 3 there are 24,754 candidates and 12,756 passers.
When I opened it yesterday in line 2012 I see 24,754 candidates and 12,870 passers.
It seems that there were 114 lucky guys who requested retab and succeeded, what do you think guys??
 
Thanks for taking time to get back.
could there be some guys, against whom CFAI might be doing exam violation investigation at the time of publishing the first pdf, and upon finding them not guilty, have declared them pass? or i’m thinking too much?
moscowcfa wrote:
Dear zen123
For your consideration.
I have PDF with historical results published in 2012.
In 2012 for Level 3 there are 24,754 candidates and 12,756 passers.
When I opened it yesterday in line 2012 I see 24,754 candidates and 12,870 passers.
It seems that there were 114 lucky guys who requested retab and succeeded, what dou you think, guys??
 
Any Idea, why this is a fail??
Essay
Q#
Topic
Max Pts
<=50%
51%-70%
>70%
1
Portfolio Management - Individual
20
-
-
*
2
Portfolio Management - Individual
15
-
*
-
3
Portfolio Management - Individual
16
*
-
-
4
Equity Investments
17
*
-
-
5
Economics
20
-
*
-
6
Portfolio Management - Institutional
18
-
-
*
7
Portfolio Management - Institutional
14
-
*
-
8
Fixed Income Investments
17
-
-
*
9
Fixed Income Investments
9
*
-
-
10
Portfolio Management - Risk Management
18
-
*
-
11
Portfolio Management - Performance Eval.
16
*
-
-
Item Set
Q#
Topic
Max Pts
<=50%
51%-70%
>70%
-
Alternative Investments
36
-
*
-
-
Economics
18
-
-
*
-
Equity Investments
18
-
-
*
-
Ethical & Professional Standards
36
-
*
-
-
Fixed Income Investments
18
-
-
*
-
Portfolio Management
18
*
-
-
-
Portfolio Management - Asset Allocation
18
-
-
*
-
Portfolio Management - Risk Management
18
-
-
*
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.
Your score band: 10
 
nikhilonline17 wrote:
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.
Your score band: 10
I don’t know either, but it’s hard to say because for the <50% topics you may have scored zero? (eventhough it’s very unlikely)
 
nikhilonline17 wrote:
Any Idea, why this is a fail??
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.
Your score band: 10
Maybe something with the bad AM result. It is always tricky to understand how they calculate. If you are on the edge, both results are possible.
I understand how painful to fail at level 10 because I keep thinking of the stupid mistake I make. And I knew it immediately after the exam. I knew that concept well and I can definetly solve it in a few minutes but I just mis-read the question under time pressure. And it was a calculation question with many pts. I kept thinking, if I did it right as I should, maybe I will pass. But now, I guess we can just move on… Read more and practice more.
 
trogulj wrote:
No moscowcfa, those extra people passing was due to a question that got remarked,
I have never come across CFA remarking a question. What is the basis for this? Does CFA disclose this? At least moscowcfa provided some sort of evidence in his hypothesis.
 
For what’s it’s worth, I’ve done quite a bit of research on the subject. I have never heard of a retabulation changing a candidate’s score. That being said, there’s always a first time for everything. I would think that the chance of a grader making a mistake on L3 is much higher due to the manual grading process in the AM portion.
@moscowcfa
My co-worker’s sister took L3 last year and failed Band 10. She started studying again in January and received a letter from the CFAI, in February or March, stating that they had revised the guideline answer to one particular question which changed her result to a pass. I think that’s the variance you are seeing. I don’t remember seeing any posts on AF regarding the answer revision though.
 
^ I’ve never personally seen evidence of a remark and notification that one is now a pass, but I have heard about it a few times, so I do believe it’s legit.
This is another reason why I think retabs are a waste of money. CFAI is so focused on fairness and triple checking everything, that if they messed up, it will be voluntarily corrected and those who were “wronged” will be corrected.
 
Hi Zen,
I’m in the same shoes as you and basically employing the same study technique. I spent 8 months preparing for the exam and it took a few days before I can look at this forum again. I know it’s not the end of the world but I still took it hard (personal opinion). Quite intrigue with this retabulation post. Are you going to go ahead?
 
Zen,
It’s a pretty simple. If you value your time at 30$ an hour (60k salary) and 300 hours of review then you spend the $100 if you think there is a >1.1% chance that retabulation will get you over the hump. That’s a pretty low hurdle given the benefits of finishing CFA a year earlier and not having to go through the review next year.
Good luck either way!
 
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