pass rates around

chunty

what r u expecting the pass rates to be...level 2 pass rates last year were around 40-50 % if i m not wrong...i also heard this year's paper was tougher as compared to last year...

ninja1024

these guesses dont really have any basis. the cfai can curve this test to absolutely any distribution they want -- the difficulty doesn't matter, the cfai can make the pass rate 25% or 55% if they feel like it, and we've seen them do stuff like that in the past with the pass rate swinging 10%+ y-o-y w/o significant variance in the difficulty in the exam.

ryanlb

gjertsen Wrote:
-------------------------------------------------------
> 43% is my guess.
>
> As a 9-band retaker, I agree with others who say
> this year was easier than last, and also that
> there were less "tricks" thrown in. That said,
> CFAI can still adjust the minimum passing score
> wherever they want to achieve whatever pass rate
> they want. I would imagine they're aiming for
> Level 2 pass rates in the low 40s. But we'll
> see...


+1

tianxin

team_alex Wrote:
-------------------------------------------------------
> If you consider the three groups who wrote the
> exam:
>
> A) People who failed Level II in June '09 - 59% -
> High
> B) People who passed Level I in June '09 - 46% -
> High
> C) People who passed Level I in Dec '09 - 32% -
> low
>
> Group A has the best chance of passing, followed
> by Group B & Group C respectively. So, just being
> excessively crude and eyeballing a number using
> just this info, I'd say the pass rate will be
> around 47%.

I disagree as a member of group C (and someone who feels confident they passed, although we'll see in ~3 weeks) - I think we'd be better off than B because the material is fresher. This depends on the person's study style though, if they're very slow - they'd be better off in B - if they're like me where they operate better under pressure and time constraints, they're better off in C. The same is true for B, those that prefer/learn better with slower studying speeds to digest everything and don't get burnt out are better off in June, those that like a more compact and heavier study period of say 4 months would benefit from passing in December - either way, I don't think you can argue those that took the exam in December had the foundation material fresher.

YAhmed

This is my third time taking Level 2. I thought it was easier than '09 or '08, more straight-forward vs. past years.

smuggycfa

If you consider the three groups who wrote the exam:

A) People who failed Level II in June '09 - 59% - High
B) People who passed Level I in June '09 - 46% - High
C) People who passed Level I in Dec '09 - 32% - low

Group A has the best chance of passing, followed by Group B & Group C respectively. So, just being excessively crude and eyeballing a number using just this info, I'd say the pass rate will be around 47%.

SFoyil

43% is my guess.

As a 9-band retaker, I agree with others who say this year was easier than last, and also that there were less "tricks" thrown in. That said, CFAI can still adjust the minimum passing score wherever they want to achieve whatever pass rate they want. I would imagine they're aiming for Level 2 pass rates in the low 40s. But we'll see...

huangxiaoxie

I'm a retaker and the 2010 exam was definately easier with twice as much study.

Pass rate guess is around 40%.

President1988

insensitive Wrote:
-------------------------------------------------------
> ... if retakers are not a good source then who is?
> Retakers are the ones that have taken both the
> tests. How would first timer judge which one was
> harder when they'd taken only one test. )


I think the point has been made that no-one can strongly contrast the two, although I'd agree with what many of the retakers have said that they're in the best position to judge the difficulty (but there are some drawbacks to their analysis as well).

xilinx_altera

Sounds great in theory, but as you put it yourself by saying "...would be qualified ..." such a person does not exist (thankfully, as its mere existence would be quite miserable and disturbing), so I guess mb389 is indeed right in saying that it is difficult to give an unbiased opinion since your experiences / memories / deeper understandings (hopefully) of the material make such an "experiment" (to retake the test) automatically a biased one.

The only one to give an unbiased opinion is CFAI as they have all the statistics to do so.



Edited 2 time(s). Last edit at Tuesday, July 6, 2010 at 10:08AM by phdsquared.