Schweser Survey

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OffTheBalanceSheet

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Just got an email from schweser with a satidifaction survey...

Interesting question on the survey:

"For the 2008 exams, CFAI has announced that registration fees will increase by $230, and will include the original curriculum texts as reference materials. How will this affect your budget for third-party prep provider materials?"

Thought that was interesting....
 
I got the email too!!

Let us all collude and state a very low price. That way they will be forced to keep prices at the lowest point of AVC curve for next year's curriculum fearing that nobody would buy them otherwise. In fact, that is why they asked the question in the survey -- to determine optimal pricing for next year's curriculum under the changed circumstances!

-ron-
 
Me too. My first thought was "they are going to get blown up this year" over the TB scaaaandal.
Hope they are ready.
 
I got the same email.

For the question asking about my satisfaction with the materials, I gave them a 2 (was really torn between 2 and 3), and for my comments I just wrote "Treynor Black".
 
That's a given. Just like if you get an anonymous survey from your employer and it asks how happy you are with your current level of compensation ... "very unhappy".... duh...
 
Yes, the Schweser material poorly covered the TB model, but I think the bigger joke is that CFAI designated a whole item set to it. Considering how minimally they tested larger more relevant topics it's a farce they put a whole item set into that one section and very unfair in the overall scheme of things. Yes everything is fair game for the exam and we all know that going in, but a whole item set on one smaller topic like that is.....just unfair IMO.
 
the only good thing is that everybody was in the same boat on TB. honestly, i don't think that is going to be what P/F is about.

i don't think the CFA increase will effect Schweser 1 iota. in fact, it will encourage more folks to purchase study notes once they see the sheer volume of the texts.
 
Completely unfair and ridiculous. Comically so when you imagine people on the test committee intentionally picking a whole 6-question set whose only purpose was to burn Schweser people. IIRC, they're all charterholders, too and there's more than a whiff of lack of ethics in the process which makes the focus on ethics in the curriculum a bit of a joke.
 
why is there a lack of ethics? because they tested something that was in the curriculum? stop complaining. TB was covered sufficiently in the schweser notes if you read it thoroughly. anything is fair game and everyone knew that going in.

the ethics curriculum is a joke, though. they should rename it "Regulations" and do away with the silly CFA noun crap.
 
I don't disagree, but they didn't put it on the test because everything's fair game; they put it on the test to burn Schweser people. I don't see that as a legitimate criteria for selection.

And it's not just that they put it on the test, but that they overweighted it so dramatically.
 
Serioulsy, I agree with Emarkhans. I'm all for a fair test and being challenged (I was actually rocked pretty hard because I didn't get enough practice questions/exams under my belt), but that was f*cking reeecockulous, to put 10% of the entire morning session on a miniscule topic when there were WAY bigger things they could've/should've tested on, especially given the breadth of that material.
 
welcome to the CFA folks...they've always done that. at level III they gave us an entire long answer on Grinold-Kroner model. it was covered, but relatively obscure. should always expect something like that...
 
I keep seeing posts that CFAI somehow deliberately tried to screw Schweser users on this year's exam. I just don't see it. Do you actually think the candidates who used the curriculum were at some sort of advantage because there was an item set on the TB model? You have to realize that candidates who use the curriculum also probably didn't expect to see a whole item set on the TB model. You also have to realize that there are over 2,000 pages in the CFAI curriculum and the TB model was probably covered in roughly two pages (someone else would have to verify this). I'm sure CFAI curriculum users didn't spend that much time covering the TB model either.
 
I second TMurf, TB was actually covered in about 8-10 pages, and even though I read the CFAI curriculum, I got caught offguard on TB, since I wasn't expecting a whole item set on it either, so I think it was fair game for all.
 
I took the 16-weeks online seminar with Schweser and the professor ( Dr. Tim Smaby), when we arrived at that part, clearly told us that it was a very important part and a clear link to Level 3.

He said something like : This is where we link everything together, so I studied it....

ponpon
 
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