Failed & Goodbye CFA

Dude , totally get what you saying , this was my third attempt and I promised myself it would be my last.. I cleared by the grace of god, but as much as I promised myself that I wouldn’t I probably would give it one short.. it takes a lot out of you and your family suffers more than you.. but I would have that feeling of unfinished business..
 
Thanks for all your support and kind words.
I am the first one to be hurt/impacted by the fact to give up at this point in time, exactly for this reason of unaccomplishement and for the fact that I spent already so many years and energy on it.
Nevertheless, I really think that my 2 kids (that are 5 and 7 years old) need me more than I need this charter. I also want to enjoy these wonderfull years with them even though I have this feeling of frustration about CFA. Not to forget my wife that i let alone every saturday for study…. This means that I don’t mind to take this decision, since being a loser is for me someone that takes the wrong direction.
Also, I have been now 13 years in the industry, iti is clear that having those 3 letters after my name would be very nice, but at the end of the day it is not that it is changing my path or career.
Feel sad anyway…
 
i don’t think anybody should make the decision to give up the day after they get a failing score. put it away for a month and come back in later september or even after. you can see what is going on in your life then.
 
MajorNYC wrote:
i don’t think anybody should make the decision to give up the day after they get a failing score. put it away for a month and come back in later september or even after. you can see what is going on in your life then.
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Well said.
 
The decision to go on or to stop is a very personal one. For me I had a super sh****y run up to the exams, my wife was very ill and my mother passed suddenly, so had I not passed I would have given it another go immediately.
But at the same time I realise that as the years go on and responsibilities mount it becomes harder to make the time.
You also need to take ito account the value of the Charter to you. A lot of guys here are putting themselves through this hoping to break in or get a better job. A couple of years ago I was sitting Level 2 with a friend who is a Fixed Income Portfolio Manager. His job made it difficult to study, but his value of the CFA was low, becasue as he put it “I already have the job and as long as my numbers are good the CFA doesn’t change anything for me.
As the OP already has the job, maybe the CFA is more of a personal challenge and whilst I would cheer him to the finish, I completely understand why he would want to stop.
As other have said take some time to make a decision in the cold light of day, and if you come back we’ll be waiting for you at the finish line.
 
I think we all are in that stage of our lives to have enough rational mindset in making our lives decision not just based on emotion.
Giving the same description for everyone, hmmmmm……
If you are the one who can pass the exam by 200-300 hours, why not? Give it shot every year until you pass. If you are like me that even after 800 hours still failed the exam, this is not the exam for you, I am sure there would be other alternatives to be successful in your life…
 
Donkishot wrote:
If you are like me that even after 800 hours still failed the exam, this is not the exam for you, I am sure there would be other alternatives to be successful in your life…
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I think you’re making the right decision, albeit a painful one.
I told myself the same thing. I had one child and another on the way when I took L3. I studied for 500-600 hours, because I knew that was my one and only chance to pass the exam. If I didn’t pass it then, I’d never have that much time/energy/commitment to study for it again. Luckily, I passed.
I do genuinely feel bad for those that clear L2, then can’t clear the last hurdle, for whatever reason. I’m sorry, if it helps.
And @zerobeta, you are an a*****e. I will remind you of this next year if you happen to fail L3. If you fail, I recommend that you don’t post here again.
 
from what I have heard L3 used to be a slam dunk 10 or 15 years ago, now its as hard if not harder than L2. Don’t give up, it will be that much more rewarding when you pass!
 
bro, it took CPK 1234566789 14 times to pass the level 3 and he is a savant. Suck it up and give it one more go.
 
Glad to hear you are planning to come back. You are so close this year and just need some adjustments on your study technique. I would read as many study tips here as I can and figure out what worked for other people, and see what would work for you. I also paid 10 - 15 dollars (it has been a while and cannot remember the exact amount) for the Ninja study plan and found some helpful tips.
YOU CAN DO IT!!
 
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