stalkey

I actually know people in Gulf telling about the exam paper to their friends who live in subcontinent (who have their exam on Sunday). I tried reporting this to CFAI but they asked too many questions just on the report form, even address of people involved. How was I supposed to know that! So I just stopped midway. It is really unfair that they get to know about a few questions beforehand. I am not entirely sure how different are their versions of exam.

Otabek

sumz Wrote:
-------------------------------------------------------
> I actually know people in Gulf telling about the
> exam paper to their friends who live in
> subcontinent (who have their exam on Sunday). I
> tried reporting this to CFAI but they asked too
> many questions just on the report form, even
> address of people involved. How was I supposed to
> know that! So I just stopped midway. It is really
> unfair that they get to know about a few questions
> beforehand. I am not entirely sure how different
> are their versions of exam.


this is the only thing I have a problem with. Because this does give people a significant advantage and thats not fair for a non cheater who is band 9/10 fail

llxx

IMO, the exam should be computerized. it should be a set of 360 questions and you randomly get 120 of the total 360.

then eventually w/ a computer based testthey can add an exercise with financial modeling in excel, which would be nice addition to the curriculum.

yospaghetti

For all of the FINRA licensing exams, you are required to turn all of your pockets inside out (on camera) each time you enter the testing room. This would certainly add some time to get settled, but would alleviate most on-site concerns. Not sure how you address the regional issues without giving different exams, which I'm pretty sure would cause a riot among the candidates.

5566

Maybe the CFAI should provide a formula sheet with the exam. This would neutralize the advantage of smuggling a formula sheet into the bathroom.

MiniMe7

31ejm Wrote:
-------------------------------------------------------
> For all of the FINRA licensing exams, you are
> required to turn all of your pockets inside out
> (on camera) each time you enter the testing room.
> This would certainly add some time to get settled,
> but would alleviate most on-site concerns. Not
> sure how you address the regional issues without
> giving different exams, which I'm pretty sure
> would cause a riot among the candidates.


If the CFA exams became like the FINRA exams, be prepared for the exam registration costs to easily triple.

The FINRA exams are finger printed, computer exams, recorded for video and audio for each candidate.

thecfawannabe

iteracom Wrote:
-------------------------------------------------------
> 31ejm Wrote:
> --------------------------------------------------
...
> If the CFA exams became like the FINRA exams, be
> prepared for the exam registration costs to easily
> triple.
>
> The FINRA exams are finger printed, computer
> exams, recorded for video and audio for each
> candidate.

The CAIA exam is already like this. It was quite a serious check-in process (multiple IDs, electronic fingerprint) and cameras were everywhere, including straight down on your keyboard and seat. It was a little unnerving.

mengxu

Yeah for the CAIA there is 0 chance you can cheat on it. I know a lot of tests are moving towards more computerized version. GRE, MCAT, CPA, all moved while CFA/ SAT/ ACT are few of the remaining ones left on paper. I'd be shocked if it didn't change in the future.

bdavi77962

I absolutely hate online exams.

I can't read computer screen text for very long before my eyes start hurting.

And aren't the exams on Sunday different?

They have multiple versions of the exam, as I recall, so you can't just phone people the questions asked and the answers.



Edited 1 time(s). Last edit at Thursday, June 9, 2011 at 01:24PM by 99 cannon sloop.

ninja1024

^ Yea the FINRA exam questions come from a bank of questions the computer picks. So the person next to you can get different questions

I don't know why they make such an effort for those dumb series exams.

I agree the CFA exams should be much more strict, but 150k people taking these exams every year.. really tough to arrange it