标题: Band 9 to band 7 in one year [打印本页] 作者: scruge 时间: 2011-9-12 05:47 标题: Band 9 to band 7 in one year
I am faced with a band 7 after a band 9 one year earlier. A band 7 with more preparation and a better exam done in my opinion.
I was practicing past exams before the actual exam and was scoring above 70% in both essay type and multiple choice questions.
I answered all the questions.
I don't really know what to do.
How to start studying again. What change should I bring about in my studying approach.作者: mp3bu 时间: 2011-9-12 05:55
I thought this was going to be a joke motivational post in response to the Band 3 to Pass post.作者: parott 时间: 2011-9-12 06:04
Repetition amigo. Do 10+ full practice exams, time them, do them under actual exam circumstances, and review them (even the ones you got right) multiple times.
This is in addition to doing the readings and answering every EoC question there is, and also reading the sauce 3-4 times and annotating it.
If you fail doing this, i don't know what to tell you.作者: PieMan 时间: 2011-9-12 06:13
The only add-on to the above advice would be to practice being able to answer the questions more quickly. Time management is a real issue on the exam and the ability to move through questions at a crisper pace can be a great help. I tried to get to the point that I was answering the questions about 25-35% faster than what "time/questions" would normally allow. Getting faster at the things you know well will give you more time to work and think through some of the topics that are not as much at the tip of your tongue.作者: AnalystForum 时间: 2011-9-12 06:22
WebGlider Wrote:
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> How to start studying again. What change should I
> bring about in my studying approach.
Post your 2010 and 2011 score matrices so we can see what's going on.作者: PieMan 时间: 2011-9-12 06:31
post it up, I wanna see how this is possible.作者: Otabek 时间: 2011-9-12 06:40
ATH Wrote:
-------------------------------------------------------
> The only add-on to the above advice would be to
> practice being able to answer the questions more
> quickly. Time management is a real issue on the
> exam and the ability to move through questions at
> a crisper pace can be a great help. I tried to get
> to the point that I was answering the questions
> about 25-35% faster than what "time/questions"
> would normally allow. Getting faster at the things
> you know well will give you more time to work and
> think through some of the topics that are not as
> much at the tip of your tongue.
And also make sure you take enough time to read over the questions so you understand because there're tricks all over the place.
Also make sure to check the footnotes. Very important.作者: xilinx_altera 时间: 2011-9-12 06:49
compare results from those two years, try to find out patterns. AM vs AM and PM vs PM...was AM session bad in both years? Eassy better than Item sets? any particular weak subjects area? once you done that, you should have some idea where you should concentrade your firepower on for next round.
I was band 10 last year and really focused on the essay the second time and did relatively well. I had a post earlier and talked about my approach which is slightly different than most others. I focused on trying to really get to know the basic blocks/tackles of materials....and not so much on practice exams. If you grasped the basic stuffs really well, then your speed will natually be qucker in answering questions and itemsets.
My theory is that CFAI can find many different angles to test you, practicing exam is good for time management but can't cover all the angles and may give you false sense of security.作者: soverby 时间: 2011-9-12 06:58
sounds like you were prepared and just didn't perform at game time. I would prepare just as hard for it next year, and also start thinking about the other things that come into the test day like getting good sleep leading up to the exam, eating right, and exercising to keep your brain fresh. Also not thinking about other areas of stress unrelated to the exam like family, friends, and work. Taking a week off work leading up to the exam, etc..
There's this book that talks about how exercise contributes to better brain function, called Spark: The Revolutionary New Science of Exercise and the Brain. I'm not sure what your exercise regime is like but I know mine starts to fall off the cliff when the exam date draws near. This year I made sure I kept up with it and got enough sleep every night for the week leading up to the exam.作者: brainsX 时间: 2011-9-12 07:07
The course is not difficult: i think you need to address the essay section not as an essay but as a reverse multiple choice. The multiple choice has a specific and unique answer which you arrive at by a series of analytical steps. The term essay is a misnomer and is misleading and implies a wider assessment of the problem. Provide the answer and the steps but not in an essay format. Ignore the term essay!
The morning session is really wham bam thank you mam. Practise answering the AM as a reverse multiple choice, which means that practise for the multiple choice can also be used as practise for the AM. Both morning and afternoon sessions have the same objectives.
If you think about the PM session, you invariably have more than enough time to finish: complete AM practise with a brevity and directness that will allow you complete it with more than enough time. If you are overrunning it means you are going outside of the context required to pass and there is a risk that the test takers are programmed to only assess direct answers, irrespective of how correct a more essay type answer is.
In effect, think less about the problem and more about the answer, which is something that would make Einstein cringe but the CFA happy.作者: Chuckrox 时间: 2011-9-12 07:16
How exactly did you not pass? I mean, it is a difference if you made good points in am but not pm and vice versa.
What topics went good and were those the same as last year?
I had to retake L2 after a poor preparation but that was easy to improve next year.
What helped me in L3 in general:
- every weekend of first half year was learning (at least some), plus some weeks of for finalization
- mapping results (i.e. was I stable in ethics or not and if no, I had to focus there)
- schweser videos, even if sometimes annoying
- looked on the net for every possible old exam and took it
- am session has big points for IPS: I made myself a large table with all buzzwords in it so I could calculate req ret and put in the constraints from the heart (and it worked for me as I see from my exam results)作者: cityboy 时间: 2011-9-12 07:24
wow, I am in the exact same boat. I was a band 9 last year after passing level 1 and 2 on the first tries. This year I was a band 7. I felt better prepared going into this test, and felt better walking out. I was totally shocked with my result. Something isn't right here. My score just doesn't reflect how I felt I did on the test. There have been others who feel the same. I also actually thought this years exam was a bit easier than last years exam.. I'm going to do a retab, and I'm getting sick of people who believe that CFAI makes absolutely ZERO errors in their grading process. We did learn about statistics correct guys?作者: Unforseen 时间: 2011-9-12 07:33
Agreed.Analysts should be at least a bit skeptical about everything.Here on the other hand CFAI is regarded as perfect, totally objective, uninterested in anything that has anything to do with money etc etc .....作者: kickthatcfa 时间: 2011-9-12 07:42
pandeter Wrote:
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> I'm going to do a retab, and I'm
> getting sick of people who believe that CFAI makes
> absolutely ZERO errors in their grading process.
> We did learn about statistics correct guys?
I haven't heard any AF poster claim that the CFAI doesn't make mistakes.
Can you name a single candidate that has achieved anything through the re-grading process, other than spending $100? Because instructors that have been teaching the CFA curriculum for more than a decade can't.
And if you have so little faith in the CFAI, what makes you think that the re-grading process involves anything more than taking your money and sending you another fail notification?作者: bcp901 时间: 2011-9-12 07:51
Word to the wise...there is no "re-grading." If you pay the $100, they will simply ensure that they gave you a grade for the answers that you provided. I asked CFAI if they had ever reversed a score based on the $100 retabulation; the person that I spoke with said they could not remember any instance where a score was changed from fail to pass, for "at the least the last SEVERAL years."
I felt the same way leaving the test; I knew my stuff and I got crushed.作者: NakedPuts2011 时间: 2011-9-12 08:09
WebGlider Wrote:
-------------------------------------------------------
> I am faced with a band 7 after a band 9 one year
> earlier. A band 7 with more preparation and a
> better exam done in my opinion.
>
> I was practicing past exams before the actual exam
> and was scoring above 70% in both essay type and
> multiple choice questions.
>
> I answered all the questions.
>
> I don't really know what to do.
>
> How to start studying again. What change should I
> bring about in my studying approach.
bro same story here only i went from band 10 to band 5. I think i completely burnt myself out in the last month of studying. I totally blanked out for the last half of the exam. I dont know how i should change my strategy so it doesn't happen again作者: genuinecfa 时间: 2011-9-12 08:18
Contracan,
You are right in saying that this is the first time that candidates have begun looking at course content, method of testing etc .Past "after results" threads show that the main concern then was with the setting of the Minimum Pass Score (MPS). It was taken as a given that course content, setting of exams, marking of exams were all beyond question
This time around, CFAI is being confronted with the problem of many from finance and related academic backgrounds, who are already analysts, bringing their skills and experience to bear on the CFAI itself.
This was bound to happen when Level 3 became, as it has in recent years, a difficult hurdle to pass.
To all that you have said let me just add that having been a university level tutor ,post graduate with refereed publications ,and researcher in finance and law,I think I am in a good position to judge that the CFAI claim that this CFA course is a post-graduate course fails for the reasons you have stated.
CFA cannot claim to have a post-grad testing scheme when essays have been eliminated and replaced with constructive response questions which require answers which, as you put it, are multiple choice in reverse.
CFA has over the years reduced its exams to a test of memorizing phrases from the material that must be re-produced almost verbatim if one is to get a mark. The CFA claim that examiners accept a variety of answers does not seem to hold true.
I would ask anyone who has gone from Band 10 to some lower band, or performed better in PM than in the AM to consider their performance against what I have said above-and then tell me if there is a better explanation for their performance.
Edited 1 time(s). Last edit at Saturday, September 3, 2011 at 12:23AM by monk.作者: bolligerallstar 时间: 2011-9-12 08:27
Monk
You make some interesting points too.
I think to some extent, if you are not prepared for the nuances of the format, that the probability of passing is a random one, which does not seem right. I would rather see more complex questions where it would be clear as to what is a correct response than simple questions requiring "correct" answers.
Unfortunately there does not appear to be any formal route to raise one's concerns or have one's questions addressed.
