Multiple Failure Question

[macfa13]

I took the Level 1 exam in June and did not pass. I scored in band 8 and figured that I would focus on the areas in need of attention.
I tried several times I was not able to get back into studying with the same level of focus as my initial attempt. Over the last 6 or so weeks I did manage to make it through the Kaplan-Schweser video series. I do not anticpate passing the exam on Saturday, but since a refund was never an option I figure I’ll take it again.
I imagine, aside from the wasted time, there are no consequences for multiple failures? Is my test record ever made available to potential employers?

 

[reflection18]

is not but if you lie when you’re asked then is a violation. They can check the records agaisnt cfa organisation

 

[MustardAndFries]

You likely won’t be asked whether you passed L1 on the first attempt (although, it may come up). However, if you are a couple years out of school and are still a L1 candidate, you may be asked why you didn’t start the CFA program earler, to which you would have to explain, awkwardly, that you have been enrolled in the CFA program for a year or two now, but haven’t been able to pass the L1 exam.

 

[macfa13]

MustardAndFries wrote:
You likely won’t be asked whether you passed L1 on the first attempt (although, it may come up). However, if you are a couple years out of school and are still a L1 candidate, you may be asked why you didn’t start the CFA program earler, to which you would have to explain, awkwardly, that you have been enrolled in the CFA program for a year or two now, but haven’t been able to pass the L1 exam.

Fair enough, although I’m probably a bit older than most taking the L1 (31), so I’m not really as worried about the above scenario.

 

[Black Swan]

Fails don’t count. Anyone that gets caught up questioning you on whether or not you failed either hasn’t taken it or is a douche. Some of the smartest people I know have failed because life has a habit of getting in the way. We aren’t full time students, this is a professional designation, and things don’t always work out with timing.

 

[sooraj]

Black Swan wrote:
Fails don’t count. Anyone that gets caught up questioning you on whether or not you failed either hasn’t taken it or is a douche. Some of the smartest people I know have failed because life has a habit of getting in the way. We aren’t full time students, this is a professional designation, and things don’t always work out with timing.