Those who passed in second attempt..please stand up

[cfaboston28]

Hi Guys,

I was wondering how many of us passed level I in second attempt. I know some people took exam in December 06 and couldn't make it but they nail the exam and passed in June 07.

How close you were in December 06 to passing marks according to (40-60-80) calculations...

This would help an unsuccessful candidate like me...........



Edited 1 time(s). Last edit at Thursday, August 2, 2007 at 10:35AM by cfaboston28.

 

[cfasf1]

december:
Level 1: Fail

The table below illustrates your subject matter strengths and weaknesses. The three columns on the right are marked with asterisks to indicate your performance on each question or topic area.




Multiple Choice Q# Topic Max Pts <=50% 51%-70% >70%
- Alternative Assets 12 - - *
- Derivatives 12 - - *
- Economics 24 - * -
- Equity Analysis 24 - * -
- Ethical & Professional Stnds. 36 - - *
- Financial Statement Analysis 68 - * -
- Fixed Income Analysis 24 * - -
- General Portfolio Management 12 * - -
- Quantitative Analysis 28 - * -


June:

Level 1: Pass

The table below illustrates your subject matter strengths and weaknesses. The three columns on the right are marked with asterisks to indicate your performance on each question or topic area.




Multiple Choice Q# Topic Max Pts <=50% 51%-70% >70%
- Alternative Assets 12 - - *
- Derivatives 12 - - *
- Economics 24 - * -
- Equity Analysis 24 - - *
- Ethical & Professional Stnds. 36 - - *
- Financial Statement Analysis 68 - - *
- Fixed Income Analysis 24 - - *
- General Portfolio Management 12 - - *
- Quantitative Analysis 28 - - *



boston, you can do it.

 

[nitya36]

cfaboston,
if Nitya can,You also can do it.Have self belief
I have no finance background(work/academic)

neither finance is rocket science

during dec,I got one subj >70%,this time in 6 major subjs
work hard.rest is destiny,buddy

 

[wawa]

cfaboston28 Wrote:
-------------------------------------------------------
> ...
> This would help an unsuccessful candidate like
> me...........

Well, I purchased the material for the June 2006 exam, but never made it as far to actually showing up at the exam itself. In January 2007 I decided to make a "second attempt" (though the first round can barely be called "an attempt" since I used the withdrawal option in, probably, late April). In January this year I purchased the Schweser on-line seminars, on a sort of now-or-never basis, and added on as much additional material as I thought I would need, given where I was - language difficulties, full work-load at work etc. My best scores on their preparatory material peaked at around 74% I believe, that was right before the June exam. In June I passed the Level I exam.

CFABoston, it's really not important how many other candidates have failed previously, and then succeeded on their second attempts. What's important is what *you* decided to do differently this time around. In case you're interested I believe the on-line seminars are just about to start. I found them really helpful.

Hope this helps to make your mind up!

 

[Aimee]

Wawa,

What did you think of the online seminars? I signed up for them just to give me some structure and force me to get through the material before it is covered in the class, but I'm curious as far as how helpful the class itself is and whether you learned much from them.

Thanks!

 

[wawa]

I worked a lot with the notes and was very happy I took the on-line seminar as a supplement. In that way it was always about "preparing for next Saturday" (I viewed them in archive as I'm in Europe; would have had to get up at 2am otherwise). If you prepare well they will give you support and help in knitting things together, if you don't study the books and regard them as a sort of stand-alone they will probably not help you on exam day. They don't dwell on and explain basic concepts and it was pretty intense so it's nothing like viewing the odd film on the telly. When the break comes after 1.5 hours, you really need it. An alternative way of working with them could be to view them in advance so as to get an overview of a particular topic, then study the books in detail and (maybe) have a second look at the seminar. Either way, you'll stay on track and the risk of falling behind is smaller when you've got a teacher sending you personalized letters each week. You will also access something called the library, with additional material (pre-recorded lectures). I found it pretty useful.

 

[thunderanalyst]

Nitya - I have very less/no finance background and I am aspiring to write June 2008 level 1. wondering how long did you prepare for exam and what books you referred. Any specific advise ?