1) Retakers feel this year's exam was harder.
2) Many people felt they couldn't complete the exam
3) Most of us had problem in tax rebalancing stuff of question 1 and Fixed Income part
4) Found PM exam easy with many tricky questions (we think we got the answer right but there is a chance that it is incorrect)
5) Many questions in PM had answers in which you can argue for 2 options
6) I feel this year passing score will be around higher 50s and low 60s range
7) Passing rate might stay same or even go down from 49 to somewhere around 47% (range would be 47-53)
Agree or Disagree?
Edited 1 time(s). Last edit at Monday, June 7, 2010 at 04:42PM by cfaboston28.作者: nannan66 时间: 2011-7-13 15:25
agree *nodes head*作者: susana 时间: 2011-7-13 15:25
can agree with most of those points. Although I did feel that this years AM was relatively straightforward compared to the last 3 years. I dont know if passing % will be low 60's.. Of course, i dont wanna go down that road where we all guess what the passing % most likely is, because at the end of the day, we are all just anchoring to nothing.作者: bkballa 时间: 2011-7-13 15:26
3) FI immunization was straightforward, i thought... yes on tax!
4) PM wasn't easy.... questions are tricky...
6) i think it will be 65% min
7) 50% plus minus 2%
Lets add another one:
8) this is the only exam i've ever studied hard for (including L 1 and L 2) and i have no assurance that i passed it.作者: bpdulog 时间: 2011-7-13 15:26
pass rate will be trending down to level 2 status IMO. 40 something.
Lets face it, probably half of us here will pass it this year.作者: mcmc 时间: 2011-7-13 15:26
SerGrey Wrote:
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> This year's exam was easer, in AM in Level 3 in
> 2009 was terrible (IMHO)
in 2009 - only 2 questions were there which were kinda tough - Implied Assets and WACC stuff (and my be Grinold calculation was tricky) but rest of the exam was doable and folks had ample time to complete it. This year, it was just too many questions with 3-4 points alloted to it.作者: thommo77 时间: 2011-7-13 15:26
first time taker, but i thought 2009 AM (in non-test environment of course) was far easier than 2010 AM. totally different stress level when you're taking a test as practice vs. real thing...作者: wake2000 时间: 2011-7-13 15:26
8) this is the only exam i've ever studied hard for (including L 1 and L 2) and i have no assurance that i passed it.
...Never studied harder for anything...If it requires me to study even more, not sure I have that in me...CPA exam a breeze compared to this作者: justin88 时间: 2011-7-13 15:26
You are overconfident at 47-53. Better be 40-60.作者: PalacioHill 时间: 2011-7-13 15:26
I am hoping - 60% of us pass.作者: Analyze_This 时间: 2011-7-13 15:26
Agida99 Wrote:
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> You are overconfident at 47-53. Better be 40-60.
I don't think they would go below 45. Its a gradual process and if they bring it down to 40, many people will lose confidence and you might see decline in candidate registration.作者: Unforseen 时间: 2011-7-13 15:26
Passing score would be around 65-70..whatever the case作者: mar350 时间: 2011-7-13 15:26
i just do not see the passing score here as being anything below 64%.... i dont know why but once you get below that it is a really low score, even if the exam was hard.....作者: mp3bu 时间: 2011-7-13 15:26
boston21, agree with your points 1-5.
walked out thinking it was fair, but knowing that I'd miss a lot on tricks. Ran out of time to finish up last portion of Q1.
PM gave false confidence....especially since the mock and samples were much less tricky.作者: Zestt 时间: 2011-7-13 15:26
As a re-taker, I agree with #1.
Last year there were tons of threads saying how easy the exam was and that the pass rate would be the highest ever. When writing the exam, I've never seen so many people leave early. Half were gone with 45 mins left and maybe 1/4 remained by the 30 min mark.
Either last year's exam had a lot of tricks or the MPS was super high. The pass rate was 49%作者: canadiananalyst 时间: 2011-7-13 15:26
Agree all except the passing score. I think it is between 65 to 70. I feel low 60s or below has been impossible to pass since 2009. It has been tougher to score a level3 pass than the good old days.作者: bpdulog 时间: 2011-7-13 15:26
agree all.
Also think that when doing the 2009 am paper in revision it seemed way easier than the exam this year. but then the whole time pressure and exam thing on top poss made the 2010 seem harder.
interesting to hear that everyone came out thinking it was easy in 2009 yet the pass rate was v low.
