June 2010 Pass Rates?

Jay5150

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I think it is very naive to think that the CFA doesnt put out exams that very in difficulty. It has been speculated that the Institute uses the "modified angoff" method in order to adjust the pass rates and to correct for differences in the degree of difficulty between any given exam. However, this is a grading method that is done after the fact. So in other words, it is very possible to have a December exam that was much more diificult than a June exam. In addition, many will tell you that the December exam is much more difficult, historically speaking. Now, whether this is because the CFA is puposefully creating this way is a different story....
 
tell you what....we all can say that it was easy because we knew what was being asked...and had conceptual command...not everyone had it...i can still remember people indicating average AM session performance while in break and discussing the wrong choices that they had marked so take ease that if it was easy for you, it wasn't that easy for rest of the candidates.....hope for the best and leave behind the rest....
 
I guess call me naive then, I didnt say they werent varying difficulties but I in no way agree that there is as much of a spread as you are indicating between the two. I mean look what you wrote...75-80%. Gimme a break pal, THAT is naive



Edited 1 time(s). Last edit at Friday, June 11, 2010 at 09:25AM by sdanalyst.
 
I scored in band 10 last June and didn't test again in December. Although I think I did better/passed, overall, I don't feel this years exam was easier than last June, with the exception of Ethics. The Ethics questions this year were a lot shorter and I thought there were a few that were extremely obvious. I don't remember any of last years Ethics questions being as obvious... I imagine the MPS will be right at 70, if not exactly 70, but I don't think the CFAI wants to run the risk of failing someone who scores > 70 in all topics, considering that is what they have set as a "good score." The entire reason they decided to show score bands was to let failed candidates know what areas they needed to improve in. If someone were to fail with > 70 in all topics it would defeat the purpose. Last year I was > 70 in 45% of the exam (including Ethics) and 50-70 in the rest. I would imagine this years band 10 people to have similar a similar breakdown.
 
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