标题: Is Ethics the deciding factor???? [打印本页] 作者: eagles_dare13 时间: 2013-8-22 23:45 标题: Is Ethics the deciding factor????
Hi guys,
I gave l1 this June…and my review is that the exam was quiet manageable but I felt the eco and quant part little difficult so had to guess some questions off that section..but my ethics part was gud..so I think I am in the borderline of pass or fail…
Since my ethics was gud will Cfai help me cross the border..作者: king_kong 时间: 2013-8-22 23:48
You guessed only some questions? I think I guessed pretty much several questions in the exam…but I generally guessed on mocks also, and scored well…
That being said, noone can guarantee us anything…until the day when we know our result from CFAI…作者: jcole21 时间: 2013-8-22 23:50
People have said this for quite some time, but I can’t find anything official on the CFA Institute website. Maybe others have found an official statement.作者: ayaz_mahmud369 时间: 2013-8-22 23:53
S2000magician
, My question may be pointless…but since you are so respected by all here, I just wanna ask you one question: Do you know anyone who scored above 70% on Schweser and CFA mocks but still failed the real level 1 exam?作者: tobeornottobe 时间: 2013-8-22 23:55
For the Level I exam benchmarking program nobody has submitted a failing score on ethics and passed the exam. The benchmarking has been completed for both the June 2012 and December 2012 exams.作者: bolligerallstar 时间: 2013-8-23 00:04
Maybe unethical people don’t study. I am pretty sure if every other category was >70% and ethics was <50%, I find it hard to imagine that person would fail. Although I do believe that there may be a bump for borderline candidates.作者: pimpineasy 时间: 2013-8-23 00:06
It seems the consensus is not quiet sure….
I am still in the borderline….
scared!!!!作者: maratikus 时间: 2013-8-23 00:09
If this is really true, I applaud the CFAI…I’ve always felt my technicals were learnt better on the job, but Ethics is certainly something that needs to be ingrained early on.作者: Howd 时间: 2013-8-23 00:11
PSRs900, a lot of people are in your shoes… I am also nervous about things that I think I got wrong, but it’s ok – nothing to it but to wait now. Go out and enjoy your summer now, I hope the weather is nice where you are. It’s beautiful out in NYC now, so I’ll try to enjoy it and patiently wait for the results.作者: joehogue 时间: 2013-8-23 00:14
yes tiny…..
this is what we can do now….just wait till the results….
hope for the best….作者: MiniMe7 时间: 2013-8-23 00:19
I thought the ethics section was one of my weaker areas. There were several questions I felt were in the gray….作者: ap0258 时间: 2013-8-23 00:22
I felt Ethics was my strongest section. We’ll see I guess!作者: AndyNZ 时间: 2013-8-23 00:24
Me too , I was astounded by how easy I found it.作者: profil 时间: 2013-8-23 00:27
Urban Myth. You can CERTAINLY get under 50% in Ethics and still pass the exam.作者: chandsingh 时间: 2013-8-23 00:32
^ Yes, there is an upside ethics adjustment. This is a Fact.
But saying you will certainly fail with a < 50% score in Ethics is totally False.作者: genuinecfa 时间: 2013-8-23 00:39
Someone could use publicly available data (score reports, score posts, etc if this exists) and create a multifactor model to determine pass rates. This would be indicator. Would be interesting to see this across levels. Apply those concepts!
Also, OP: If you “gave” the exam, you would have been a proctor, no? I believe you mean that you “took” the exam or “sat” for the exam?作者: luckygiftvn 时间: 2013-8-23 00:42
I can attest to this. My friend scored <50% in ethics in the Level II exam last year and passed. I saw the breakdown myself. In fact he only passed FRA and Equity and failed the rest (<50%) . “MPS” he put that number to the test!!作者: Kapie 时间: 2013-8-23 00:47
I got above 70 on ethics for L1 and below below 50 on ethics in L2, passed both times.作者: wake2000 时间: 2013-8-23 00:50
Most of the time ethics will be the deciding factor. I am surprised none of you guys have even mentioned anything yet especially the CFA charterholders
If you read the guiding principal. You will realize the CFA Insitutite uses the modified Angoff Standard Setting Method. Google and read up on that and how they derive the weight.
Ethics will always be weight heavily thus the MYTH is true; (expected
performance of a just-competent candidate on each question
on the examination.)
“The Angoff method has been used as a criterion for the
establishment of the MPS for the Level I examination since
1996, for Level II beginning in 2005, and for Level III beginning
in 2007. CFA Institute retains independent psychometricians to
conduct standard setting workshops for each exam.
This method involves a large and diverse group of CFA charterholders.
The lead psychometrician divides participants into
two smaller groups for each level of the examinations. Each
participant reviews the entire examination, question by question,
and makes an independent judgment on the expected
performance of a just-competent candidate on each question
on the examination.”
http://www.cfainstitute.org/programs/cfaprogram/Documents/the_cfa_progra...作者: Andreas42 时间: 2013-8-23 00:55
I scored below 70% on Ethics in level 1 and below 50% on ethics on level 2 and passed both. Based on my scoring rubric for level 2, I think I was pretty close to failing (above 70% on 5, between 50-70% on 4, below 50% on 1), so I don’t know how valid this is or how close to the border you need to be for it to swing you.作者: wilslm 时间: 2013-8-23 00:57
Even though Ethics is mostly always, always hard to follow and practice in real everyday job and work, regarding the CFA Exam, it’s real important. The weight is high, there are a lot of questions and the materials are extensive. It’s not surprising how people learn ethics at the end.作者: HuskyGrad2010 时间: 2013-8-23 01:00
hey guys???
i Passed the exam……got 70% + in Ethics,Fixed Income,FRA,Equity…Yippeeeeeeee
