12/4/12

Morning Monkeys,

Let me be the first (okay, probably four thousanth) to say congrats and good work on making it through! Now, you may be thinking, "Now that I'm done, what now?" Luckily, I'm here to help to answer these all important questions:

  1. Panic: Yes, now's the time to start panicing. Remember how before the exam everyone was like, "Don't panic, you've been studying for so long! You'll do fine!" Well, they're full of crap and you probably should've started panicing weeks ago. Don't worry, better late than never. Remember, sub 40% pass rates are the rule, not the exception, and December tests tend to have lower pass rates than June exams.
  2. Second Guess Yourself: Have any problems that you were on the fence about? Start second guessing your answers and while there's nothing you can do about it now, don't let that stop you from recalling the entire 240 question exam and second guessing every single one of them.
  3. Pour Over CFAI's Website: Sure, it'll take 10 weeks or so to get your results, but don't let that stop you from going to CFAI's website on a daily basis to try and discern the exact date you'll receive your results. I mean, we both know it's impossible, but don't let that stop you!
  4. Hit Up Analyst Forum: I'm sure you've all been to Analyst Forum at least once and read all the posts about how everyone there is totes awesome and crushes all the exams. And while this may seem suspect, this is a 100% true and accurate statistic and definitely has nothing to do with reporting bias. Kick yourself for not reveling in their awesomeness more often.
  5. Results Day: Don't believe people who say that there isn't an order to when you get your results. All the pros know that they send out test results in order from best to worst. So, if you didn't get your results at 9:01 on the dot, you probably failed. See #1 and don't forget to obsessively hit F5 (it makes email work faster - true story.)

So, let me once again say, big congrats to everyone who took the exam! It's a big step in the right direction or something!

My fellow level 2 candidates and beyond, what other advice do you have for the poor souls who are now looking forward to a long ass 10 weeks?

Comments (13)

12/4/12

5. is actually true

"After you work on Wall Street it's a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side." - David Tepper

In reply to oreos
12/4/12

Oreos:
5. is actually true

Which part? That the order you receive your results has some bearing on whether you passed or not? Or that hitting F5 repeatedly makes emails arrive more quickly?

"My caddie's chauffeur informs me that a bank is a place where people put money that isn't properly invested."

In reply to mikesswimn
12/4/12

mikesswimn:
Oreos:
5. is actually true

Which part? That the order you receive your results has some bearing on whether you passed or not? Or that hitting F5 repeatedly makes emails arrive more quickly?


All. I had 4 computers logged into my email and 6 blackberrys too. then at 30mins past when i was meant to get the results i started walking West (i was in the UK) to get closer to the signal from CFA HQ.

worked like a charm. first time passes....

"After you work on Wall Street it's a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side." - David Tepper

In reply to oreos
12/4/12

Oreos:
mikesswimn:
Oreos:
5. is actually true

Which part? That the order you receive your results has some bearing on whether you passed or not? Or that hitting F5 repeatedly makes emails arrive more quickly?


All. I had 4 computers logged into my email and 6 blackberrys too. then at 30mins past when i was meant to get the results i started walking West (i was in the UK) to get closer to the signal from CFA HQ.

worked like a charm. first time passes....

You sir, are a genius. I kept hitting F1 to ask Microsoft Help if they could get them faster. Needless to say, not an effective method. Lesson learned.

"My caddie's chauffeur informs me that a bank is a place where people put money that isn't properly invested."

12/4/12

Brush up extensively on level 1 material, particularly FSA. A lot of carry over (of course) that isn't rehashed thoroughly in level 2 study materials.

Fear is the greatest motivator. Motivation is what it takes to find profit.

12/4/12

If you haven't yet, switch your candidate email from hotmail/gmail to your work one. CFAI sends emails by service providers batches, meaning they send all gmail ones at once and it takes forever, while the work ones are probably only a handful and you will receive it much faster.

I was by far the first one to receive the results, while my friends with gmails got them over 90 minutes later.

In reply to Unforseen
12/4/12

Unforseen:
If you haven't yet, switch your candidate email from hotmail/gmail to your work one. CFAI sends emails by service providers batches, meaning they send all gmail ones at once and it takes forever, while the work ones are probably only a handful and you will receive it much faster.

I was by far the first one to receive the results, while my friends with gmails got them over 90 minutes later.


haha this is bullshit. trust me. i had it to work email (not because of this bro science) and it took hours...

"After you work on Wall Street it's a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side." - David Tepper

In reply to oreos
12/4/12

Oreos:
Unforseen:
If you haven't yet, switch your candidate email from hotmail/gmail to your work one. CFAI sends emails by service providers batches, meaning they send all gmail ones at once and it takes forever, while the work ones are probably only a handful and you will receive it much faster.

I was by far the first one to receive the results, while my friends with gmails got them over 90 minutes later.


haha this is bullshit. trust me. i had it to work email (not because of this bro science) and it took hours...

you fail brah?

12/4/12

Don't panic, just enjoy that you're done cause Level 2 is a bitch.

"Don't quit. Suffer now and live the rest of your life as a Champion" - Muhammad Ali

In reply to oreos
12/4/12

Oreos:
Unforseen:
If you haven't yet, switch your candidate email from hotmail/gmail to your work one. CFAI sends emails by service providers batches, meaning they send all gmail ones at once and it takes forever, while the work ones are probably only a handful and you will receive it much faster.

I was by far the first one to receive the results, while my friends with gmails got them over 90 minutes later.


haha this is bullshit. trust me. i had it to work email (not because of this bro science) and it took hours...

How dare you question bro science! I challenge you to find a more rigorous and bro-tacular scientific method!

"My caddie's chauffeur informs me that a bank is a place where people put money that isn't properly invested."

12/4/12

I notice a tendency for candidates to speak about the L1 as if they've got it nailed. As if they haven't noticed that 70% of them will fail. A bunch of people celebrating at the end of the exam here in NYC; it was like looking at them with the sixth sense movie vision - "I see dead people."

Equities are for chumps.

In reply to mikesswimn
12/4/12

mikesswimn:
Oreos:
Unforseen:
If you haven't yet, switch your candidate email from hotmail/gmail to your work one. CFAI sends emails by service providers batches, meaning they send all gmail ones at once and it takes forever, while the work ones are probably only a handful and you will receive it much faster.

I was by far the first one to receive the results, while my friends with gmails got them over 90 minutes later.


haha this is bullshit. trust me. i had it to work email (not because of this bro science) and it took hours...

How dare you question bro science! I challenge you to find a more rigorous and bro-tacular scientific method!

Haha!!! silver bananas for all three of you (if i had any)

12/4/12

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