CFA® exam results came out this week.
My heart was pounding just waiting for the results to come in. Good luck to everyone!
Jul 29, 2016
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Mustered a pass, best of luck!
Passed L1! Above 70% in all categories!
My first post on WSO:
I passed Level 1! So happy right now! =)
50-70% in FI and Quant and above 70% in the other categories.
Level 2 im coming for you!
I passed!! Very excited right now.
Passed L2, on to L3 then hopefully sweet, sweet freedom.
Congrats to all!
Congrats everyone! Go team WSO!
Passed L1! Good-bye Memorial Day 2017 and hello L2
Good luck everyone! and Congrats to those passing!
Failed L2. I anyone needs me I'll be studying for the GMAT's.
woof. absolutely rocked by L2. advice to anyone taking: study >2.5 months.
Congrats to all who passed.
****ed up I have...It was too optimistic from my side to do a 1 year MBA + prepare for CFA at the same time.
Passed lvl 2.
Lvl 1 December, Lvl 2 June was hell...but worth it
congrats bud
That's impressive.
I am going to be doing that this year. Any tips?
Depending on your background and job this will vary. I was already 6 years out of school when I started studying, so it was a bit of a shock to get back into that type of mentality. I also work in PWM, hours aren't crazy and I did a lot of my studying damage during the weekdays (my social life did take a major hit)
I studied my ass off, put in over 300 hours for each level and made sure I wasn't going to have to do this again. I used Kaplan Schweser material while also taking a weekly class. The class really helped keep my studying on track. Level 1 i didn't touch CFAI material (outside of the one mock), for level 2 I still used Schweser but also reviewed CFAI fairly often. Take as many mock exams as possible.
By April I was completely drained, mentally and physically, those last 2 months were hell, especially as the weather got nicer. Keep up a gym routine and eating relatively healthy as well, this will help. PM me if you have any specific questions.
I am looking to do this my senior year. Can I pm you? Major props on execution of a thought out plan
You can't do that as a senior since you need work experience to take Level II
Passed level 1...phew
Failed lvl II. 10th band, so missed it by a few questions.
Being so close, should I try and have them recalculate/regrade? For $100 at the chance of not being delayed by a year, I cant tell if its worth it or not.
From what i've heard, its highly unlikely anything changes, but if the $100 is worth the peace of mind, go for it. To me it seems like you are just delaying the inevitable
I agree, especially considering its a multiple choice exam. It's not like they could have mis-judged your answers, so you're just hoping the computer misread your answer sheet, which seems unlikely.
Passed L1 by a good margin surprisingly.
70% + on everything besides derivatives and AI.
Congrats to everyone who passed!
Passed L1 by the skin of my teeth, thank goodness for ethic's bump.
50 % on Derivatives, Alternative Investments and Fixed Income 50-70% on Econ, FR&A, and Quant. >70% on Corp. Finance, Equity, Ethics, and PM.
Passed Level 1. Derivatives, Equities, Ethics, and FRA 51-70% Alt Investments, Corp Fin, Econ, FI, PM, Quant >70%
Took only one practice exam, and even then didn't even finish it. I don't recommend doing this.
Passed Level 2 (second attempt). On to Level 3, I can already smell freedom
All you wankers who got L1 - that's chicken shit. If you failed it you are chicken shit. L2 is a bitch - if you failed it that sucks Happy to have passed all 3 - what a shit exam. Don't know why I even bother paying my dues anymore, it's not helping me much in my career...
May catch flak for this, but it seems like L1 is chicken shit largely ex-post. While studying for it, I was personally surprised by the breadth of the material -- there was just so much of it. Studying for it certainly took up a healthy amount of time. Now having taken it though, and comparing vs L2, it does appear relatively easy.
What was the famous AF comparison? L1 is to L2 as a Swedish massage is to castration by way of cheese grater?
In any case, congrats to all who passed. Those who didn't, re-group.
A mile wide and an inch deep
Level II in the bag, see y'all next year for Level III
I plan to take L1 in December then L2 in June followed by L3 a year later. Craziness?
That's basically what I've done. Passed level 1 and 2 on the first try, waiting to hear from 3. Are you working right now, or in school?
working bro
Congrats to all who succeeded. I myself have passed level II (both levels on first attempt), time to rest a bit before level III
Congrats everyone. Was expecting a fail for L2... got that sweet, sweet "Congratulations!" email instead. Was 100% ready to accept defeat and retake it next year, but just happy to be through it. For everyone not so fortunate, keep your heads up. This series of exams is a mother and no easy feat. Keep hustling and good things will come.
L2 material was horrifically uninteresting.....
Passed level 1 >70% in all categories.
Congrats to everyone who passed the L3. Now...you're free. For the rest of us, we still have a long road to go. I am planning to take L1 during my senior year. Any recommendations? Anyone would like to team up and study together?
Passed Level II >70% on most except quant methods 50%? must have misread something
Passed L1, over 70% in all but quant, accounting, ethics and fixed income which were 50-70%. Was scared shitless I'd fail given how easy the test seemed and the fact that I probably had about a week to study, but apparently I did enough or was lucky enough :D
A user above stated that you need job experience in order to take the level II exam. I tried looking for the requirements on the website, but I couldn't find anything. I am currently studying for the level I in December, and I don't want to find something that can hurt my chances for level II last minute.
Nope. You just need to have completed undergrad and Level I by the exam date. In order to receive the charter you need 48 months of relevant work experience.
Thank You for the ease of mind!
A little late to the reveal party, but judging by everyone else's responses, I must have barely passed L1. Though a pass is a pass in the grand scheme of things. Onward to L2
(50%): Derivatives, Fixed Income Investments (51%-70%): Financial Reporting & Analysis, Portfolio Management, Quantitative Methods (>70%): Alternative Investments, corporate finance, Economics, Equity Investments, Ethics & Professional Standards
How did everyone do on L3? I failed due to poor time management.
Passed thank the lord. I failed L2 twice and just studied a shit ton to try and ensure this would be my 5th and final time sitting for the exams.
When I was taking practice essays I found I was getting bogged down on Individual PM and decided to leave those for last on the exam. Try that for some practice essays and see if it works for you. I hit all the questions in the AM (barely) and did OK on Individual PM even though I had to half-ass a couple towards the end.
Thanks! I'll keep that in mind
It's over! Thankfully, I passed L3 on the first attempt.
I thought I crushed the essay portion of the exam and just needed to coast on the PM version (which I thought I did poorly on). I could not have been more wrong. I absolutely bombed the essay portion but nailed the multiple choice and somehow passed.
Passed L3...never have to give up another memorial day again for these exams
Congrats all on finally being done!
Passed L3. Will start enjoying spring again.
Passed L1. Now begins the real test.
Is it possible to take all three exams while in the military?
No.
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