What is 4040 / 4141

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NetIncome99

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This was on the right side of the Q-booklet and answer paper.. what does this mean??
will this mean different questions for different people in the same center/ across centers>> in that case will it affect grading??
 
I believe it's the question code between AM and PM. Some test center had 4040 for AM and 4141 for PM and other had the other way around
 
I sat the exam at Edinburgh, Scotland and my morning paper was marked 3030 and the afternoon paper was marked 3131. I think it must just tell the CFAI what test centre you attended.
 
Alright..thank you both.. i thought different q-papers were used for different parts of the world and that grading would be regional..
 
It appears that they have different questions for different regions. How do they know if the questions are equally hard (or easy)? Wouldn't that be too subjective?
 
yep I had 3030 and 3131 in the US. There were definitely different versions of the test, we were wondering how anal they were about it cause having a ton of different versions really shouldn't matter in terms of preventing cheating, I mean they already manage to fail 65%. ;-)
 
Morning, I forgot to look at that number. I had 3131 in the afternoon.
 
I had 3131 in the afternoon.

I attended a CFA society event last night and the president has participated in the grading sessions. He says it's the same exam globally, I thought as much. He also had a few things to say about the minimum passing score but, of course, nothing concrete. Every exam is graded on an individual basis and some questions are assigned more difficulty than others, some questions even get thrown out entirely.

this document also reviews the MPS - knock yourself out. We'd have a better chance of guessing our score if we were reading tea leaves...

http://www.cfainstitute.org/cfaprog/overview/pdf/IntoOur5thDecade.pdf

cheers.
 
I'm from Asia and we sat the test on Sunday, got the 4040 / 4141. Probably they assign the 3030 and 3131 for those who sat on Saturday?
 
I took the test in Singapore, I had 4040 AM / 4141 PM.
 
there are two (2) test versions for each level

3030/3131 , 4040/4141 Level I

5050/5151, 6060/6161 Level II

I am not sure what it was for level III


the first version is for regions that take the exam on Saturday

The other version is for regions that take the exam on Sunday

given what i've seen in the discussions on level II exam, there are slight differences in the numbers that are the basis for calculations in some of the questions. so you would have a different set of data but essentially the same Question

on subjective questions, there were some differences in the questions something like (most Likely) switched to (least likely)

i'd say the subjective parts were 70~80% the same. but the objective parts were the same Q's with different data sets.

it makes perfect sense to have two versions, since people in europe who take the exam on saturday have plenty of time to pass the Q's to people in Asia who take it on Sunday.

I think this makes the exam fair since the Q's are still testing the same LOS's



Edited 2 time(s). Last edit at Friday, June 12, 2009 at 04:17PM by turthin.
 
Sounds reasonable. May I ask how you got all this info? Were you a proctor or something?
 
no I sat for Level II in june

my test was 5050/5151

people who sat in Asia said their test was 6060/6161 on Level II forum

my conclusion on how the questions are modified are based on the discussions and confusion that was going on last week on Level II forum. we realized that people in Asia had no idea on some of the questions we were refering to when they were discussed on the forum.

on the other hand i've seen different answers posted by test takers from Asia that were not the same as the one's on my exam.
 
Do you know if some centers had it swtiched around?

e.g. 3131 in the AM, 3030 in the PM
 
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