CFA Results - Level 1 - Low MPS?
Yo, the CFA results are out, got my level I pass at 6:04 AM on the west coast this morning. I am really stoked because even though I studied a lot, I did not do enough mocks beforehand so I wasn’t scoring too well. I just passed with a line above the MPS. I even had to guess on the last 20 Q’s of part 1 because I ran out of time and had to come back with a do or die attitude for part 2. Overall, I think the exam questions are not a good representation of what you know.
One concern though. With the new performance presentation I can tell that I scored way lower than I thought I would. I can estimate that I got around 63% and the MPS is right below it. I just thought that the MPS is usually much closer to 70%. Am I missing something here?
MPS depends on how difficult the exam was and how well the other exam takers did. I just got done with level two today as well. Congrats on passing level one. I'm getting wasted tonight for sure hah.
Congrats to you too. I read a different answer to your 2nd point but fuck it, I'm just going to enjoy the moment for now. Just didn't know if I should be disappointed or not. Time to blackout.
No need to be disappointed but be sure to take lv 2 seriously. It is much more difficult imo especially if you don't have a firm grasp on the lv 1.
Yeah I heard that L2 is the hardest of the 3. I'm mostly having trouble with FI and Econ, the rest I understood pretty well, I just think the exam itself has a lot of one off questions that can go either way (and that's where doing a lot of mocks helps). Definitely won't take my chances with L2.
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