What do you think is raw scores needed to pass for CAIA Level 2

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epyon96

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What do you think is raw scores needed to pass for CAIA Level 2 historically?
I saw a post a while ago that posted a 65 out of 130 points. But that seems exceedingly low. I’m wondering if anyone else wants to offer an estimate.
 
Seems low-doesn’t it say on the website you need 70%? (give or take for the curve maybe mid 60’s)
 
essay is again just 30% weight with 20% assigned to Ethics. If you do well in MCQ, you will almost pass.
 
Where do you get that % from? I don’t see it on the CAIA website.
 
pupdawg82 Wrote:
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> It says 70% score will be pass
I got that part, but I am curious about the essay portion only being 30% of the total score.
 
Unlike the CFA website, the CAIA site seems to keep scores up forever. I passed L2 last year with the following breakdown:
Commodities Between 50 and 75%
Current and Integrated Topics Between 50 and 75%
Hedge Funds Greater than 75%
Managed Futures Between 50 and 75%
Professional Standards and Ethics Greater than 75%
Real Estate Between 50 and 75%
Venture Capital and Private Equity Greater than 75%
Essays Between 50 and 75%
My rough guess is that my score was in the mid-to-high 60s. Much lower than 65% might be pushing it but there seems to be no specific guideance.
 
pupdawg82 Wrote:
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> Yes weightage is 30% for eassays
Can anyone point me to where the CAIA says this?
The reason I care is that while I feel somewhat confident about the MC questions I’m worried about the essays. Since they will only cover a small amount of material it is the luck of the draw. I know with my luck they will all be on something that I’m not too prepared on.
 
In their September guide, it mentions the 30% allocated to essays.
http://caia.org/caia-program/curriculum
ATH is the only one that provided a guess for what a passing percentage might be. We are generally aware of the initial pass of 70%, I’m curious if anyone has any data on the curve if any on this exam.
It feels like the essays can easily be <50 depending on the topics you get. Since that is worth such a huge percentage of the exam, a pass or fail can be dependent on it.
 
Much like the CFA, I don’t think there is any available direct data on the MPS. We are left to guess, so I will throw out 65%.
 
bunnyblaster Wrote:
——————————————————-
> In their September guide, it mentions the 30%
> allocated to essays.
>
> http://caia.org/caia-program/curriculum
>
> ATH is the only one that provided a guess for what
> a passing percentage might be. We are generally
> aware of the initial pass of 70%, I’m curious if
> anyone has any data on the curve if any on this
> exam.
>
> It feels like the essays can easily be <50
> depending on the topics you get. Since that is
> worth such a huge percentage of the exam, a pass
> or fail can be dependent on it.
Thanks!
 
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