Your One-Page Primer for CFA Results Day Tomorrow
Happy Monday readers! It was an awesome weekend, weather-wise, in London. I participated in a Spartan Race and f**ked up my ankle slightly, but overall my weekend's awesome rating is pretty high. So I'm starting this week with a pretty optimistic note!
This week is an all-important week for some of you - results day is just around the corner! Here's pretty much all you need to know about that all-important day.
#1 - When is it?
It's tomorrow, in case you didn't know. After 9am ET on the 24th of July, results will be emailed to your registered email address with the CFA Institute. Equivalent times in major timezones:
- West Coast US: 6AM
- UK: 2PM
- Europe: 3PM
- India, Pakistan: 6.30PM
- China, Singapore: 9PM
Emails may take several hours from this time to land in your inbox - remember, there are thousands of emails being sent. If you're at work you may want to set up auto-forwarding.
#2 - How will results look like?
The formats vary from year to year. Last year the email templates began with 'Congratulations' for pass emails and 'I'm sorry' for fail emails, but this obviously doesn't mean this year it would be the same. The generic gist of it will be as follows:
Dear So and So,
Congratulations / I'm sorry to inform you....
Your results for the June 2012 Level I/II CFA exam are below. The pass rate for June 2012 Level I/II was XX%. If you have questions or comments, please contact us.
Level I/II: Pass/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.
This will then be followed with your exam breakdown, which leads us to #3...
#3 - How are the results presented? Do I get a breakdown?
In your exam email you should receive a matrix in which the rows are various topics tested in your particular CFA level as well as the maximum points allocated to each topic. The columns are 3 points categories - 0-50%, 51-70%, 71-100%.
This obviously means you don't get a full breakdown of your performance. If you want to dissect your results further, remember to check my blog tomorrow, I will be posting a handy free analysis tool.
#4 - I passed/failed! What are the next steps?
Firstly, if you passed, congratulations! Registration will be open the day after results day (i.e. 25th July for this year) so you can register yourself as a candidate for the next level then! As for partying, I'm sure you need no pointers from me.
If you failed, don't give up! More than 70% of you indicated that you would retake the exam immediately - I completely agree with this frame of mind. Failing is simply an indication that you should change your methods, or put in more effort - don't give up on the dream!
If you failed and wish to ask for a retabulation, by all means do so. I wouldn't recommend it in most cases - it costs $100 and I have not heard of any successes (i.e. fail to pass) with retabulation so far.
My advice is to only consider it if you were honestly super-confident about your results, and you got piss-poor results (as shown by the categories and further breakdown).
All the best for results day - my fingers will be crossed for all of you!






Comments
xxxxxxx Dear
xxxxxxx
Dear FutureBanker09,
I sincerely regret to inform you that you did not pass the June 2012 Level II CFA exam. Your detailed exam results, including a matrix highlighting your strengths and weaknesses, are in the table below. 5% of candidates passed the June 2012 Level II CFA exam. Please note that many candidates return to pass the CFA exams with additional preparation and time.
xxxxxxx
Dear FutureBanker09,
Congratulations. I am very pleased to inform you that you passed the June 2012 Level II CFA exam. You are one step closer to achieving your goal of earning the globally respected CFA charter. 5% of candidates passed the June 2012 Level II CFA exam.
These will be the two templates. If you see congratulations in your gmail tagline you passed, otherwise you failed.
Also East Coast is released around 9 am Eastern not 5.
Corrected - meant to put
Corrected - meant to put PST.
The actual text varies year on year so I'm not sure on the actual text that will be sent out tomorrow.
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That's not actually true,
That's not actually true, it's been the same text for the past two years.
June 2010 has no
June 2010 has no 'congratulations' text in it. The text is similar to the one in the post.
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I passed last year, this is
I passed last year, this is what it looked like. And for those awaiting their results for tomorrow, I sincerely hope this is what you guys get. But if not, soldier on and try again.
Dear R0bin,
Congratulations. I am very pleased to inform you that you passed the June 2011 Level II CFA exam. You are one step closer to achieving your goal of earning the globally respected CFA charter.
43% of candidates passed the June 2011 Level II CFA exam. Registration for the June 2012 Level III CFA exam will be available 27 July on the CFA Institute website. (Please note that you must have a valid international travel passport to register. Learn more about the candidate ID policy.)
Your detailed exam results, including a matrix outlining your strengths and weaknesses, are in the table below.
As you continue your educational journey with CFA Institute, please contact us if you have questions or comments about the CFA Program.
Again, congratulations on your achievement.
Sincerely,
John D. Rogers, CFA
President and Chief Executive Officer
CFA Institute
Baby you're the perfect shape, baby you're the perfect weight. Treat me like my birthday, I want it this way and I want it that way. It makes a man feel good baby.