L-1 was very hard

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lyakubov

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CFA L1 was the hardest test I can ever remember taking. I must have guessed on 10 questions and barely finished on time. Any other L-1 candidates feel this way.
 
I did have to randomly guess a few times as well, and used almost all the time. But there were also a lot of questions I knew for sure, and Im sure you did too. Dont get too down...Im sure you did fine
 
AM session was much more difficult than PM. I was surprised how many questions came up regarding cash flows.
 
wow if you thought it was the hardest test you've ever taken you haven't taken hard tests....where'd you go to school....

yes it was hard, but by no means anything that made me go wow...
 
It was difficult in that it covered a lot of material, but the problems generally seemed straightforward IF you knew and understood the material (unlike, say, some math tests that require you to see lots of non-obvious implications of the material).
 
I went to school where my finance teacher was a CFA charterholder. I would say that his tests were fairly challenging.

So I ask you "Pizzo812"....what test have you taken that was more challenging...and specifically....how do you think you did?

Although I think I know your answer.
 
I think I did well enough to pass, but again, won't know till I actually see the results....

...and as for tests that i've taken that are harder...my corporate finance, advanced microeconomics, econometrics, and cell biology classes in school were all harder.
 
It is hard because it is a all-in-one exam. If taken separately where one's mind can focus on one or two topics, then it is ok.
 
I've taken more difficult economics, finance, and accounting exams, just not all at once. I think thats what makes this format so challenging.
 
It was hard in a sense that there were alot or tricky questions, there was a few on the ethics, econ, and fin. I agree that most of the material tested was straight forward but some was tricky, thats all.
 
Considering this was my first exposure to the material, it was quite a challenge taking it all in within 5 months time.
 
for the amount of time needed to study its the most difficult exam i took at the time. its just the amount of material covered that makes it difficult
 
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