Who's gonna retake? believe, retake, another, without, reason

clearlycanadian

Since we’re still six weeks away from results, I figured I could start this without pouring too much salt into open wounds.
Assuming things DON’T go your way on August 6th, who’s going to re-take the exam?  Who will just let that sleeping dog lie?
I, for one, will NOT retake the exam.  Why?
I put in over 600 hours of study.  If I can’t pass with that much study, there’s no reason to believe I can ever pass it.  
I have an almost 2 year-old and another on the way. If I’m going to spend a few hundred hours away from my family, it better be to “really” further my career–not take a test with little real benefit and little relevance to real life.  
My job is getting more difficult, with more stress and more hours.  
As a tax accountant, I’m not sure that I’ll ever get any benefit of the CFA charter anyway.  
I live in a remote area, Dagobah, where there is no CFA society and most people don’t even know what CFA stands for.  (“Isn’t that a ‘Certified Financial…Advisor?’”)
I’m just freaking tired of studying.  Went straight from MBA to CPA exam to CFA exam.  I’ve been studying for something for seven years now.  
I’m already a CPA, so it’s not as if I need this in order to find a job.  
I may change my mind someday in the future if I move to NYC, or some other place where the CFA is seen as an asset.  But for the forseeable future, 2013 Level 3 was my last hurrah.  Won’t be retaking anytime soon.

bodhisattva

Yes, absolutely.  That being said hopefully I won’t have to.

neil1234

I have made it this far, so I will keep on retaking it as many times as needed. Let’s hope I get lucky, though. I can think of more fun ways to spend my next spring than being once again buried in the books!

Halawiz

I’ll retake no question and kill it chomp chomp

tango_gs

Hi Greenman,
I very much support your decision.
If you do not NEED the charter in your current situation, sitting through a 6 hours exam alone (regardless of how many hours of studying) is a waste of time.
You may have started the program thinking you need the CFA charter few years ago, but circumstances can change and there is abosolutely no purpose to keep going on a path when you have changed strategy/ career path/ interest in the subject.
If you pursue it despite the fact that you don’t need it (and do not enjoy it), it’s all because of ego and it doesn’t really serve any more meaningful purpose other than that.
I think i can live putting my ego aside if i were you.

Analyze_This

If I pass - awesome
If I fail - I look forward to honing in on the areas where I skimmed and kicking the sh!t out of the exam.
Failed level 1 once, passed L2 first try - first attempt at L3
Also, I miss studying…adds structure to my life and its a great excuse not to go out Friday.

ASSet_MANagemen

Not sure, I would be in a different country and hopefully in a new company.

bpdulog

So much negative? I am saying I am being positive and will take level 3 if I have to
Yes we dont have to swim 67% back, but we would have to answer a few queries everytime our resume says “Cleared Level 2 of CFA exam” as to why we didnt appear for Level 3!!!

bpdulog

I dont see any use in quitting now. Could have/Should have done that at Level 1, not now!!
Whats the point in swimming 67% of the sea and then saying I am tired and going back. Going back you actually swim 67%, instead of the 33% in front of you.

fishmarket

Am I the only one that had never heard of Dagobah before, and had to Google it to see what it was?
I won’t play an assumption game based around failure though.  The power of positive thinking!