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this is my dec.2010 result

Q# Topic Max Pts <=50% 51%-70% >70%
- Alternative Investments 8 * - -
- Corporate Finance 20 - * -
- Derivatives 12 * - -
- Economics 24 - - *
- Equity Investments 24 * - -
- Ethical & Professional Standards 36 - * -
- Financial Reporting & Analysis 48 - * -
- Fixed Income Investments 28 * - -
- Portfolio Management 12 - * -
- Quantitative Methods 28 *

band 4

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in looking at your results...seems like Accounting kills you? for you to wind up at band 7 with that score report, i'm guessing you did pretty poorly in accounting.

any thoughts to taking some basic accounting college/online courses? if you bring that FRA score up, you will pass...keep in mind the accounting stuff on L2 is harder, so a decent foundation will be key (you'll be happy to hear there is no accounting in L3)

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whats your academic and work experience background?

i dont mean to discourage anyone at all, but as others have pointed out, L2 is extremely hard and L3 is very hard as well. If you are struggling mightily at L1, its just something to consider

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Like what's your background? Are you a recent grad, or have you been in the industry for longer?

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Ok, so I'm not trying to be mean here, but maybe you are just not cut out for this program. L2 and L3 are much harder than L1. Assuming you take two tries each for L2 and L3, that's another five years of studying before you pass all the exams. Do you really need this credential, or would the 1000+ hours that you are thinking of spending on these exams be better spent doing something else?

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there are still two levels to go, and level II passing rate is even lower than Level I and there is another 500 pages of more complicated material



Edited 1 time(s). Last edit at Tuesday, August 16, 2011 at 05:21PM by builders.

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Hi Meenaxi,
Though I have failed both the times with similar kind of score, I would suggest if you really want to do it, don’t think anything else. Start preparation again, find the loopholes, take your own personal time to decide and once decided just think about the areas where you have to work more.

It will definitely help if you can find dedicated study group. Team work definitely helps.

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