Post-CFA Level 1: Tips & AdviceO
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:
- 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.
- 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.
- 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!
- 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.
- 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?
"My caddie's chauffeur informs me that a bank is a place where people put money that isn't properly invested."