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Level 2 Exam Frequency

Any Idea why the CFAI thinks its better to have the L2 & L3 only once a yr in contrast to 2 a year for L1 ??

They could get more revenue and allow more people to pass .. atleast they can do that for L2 !!

Even I was hoping so much that these exams be held more frequently.

I guess I read it somewhere long back on the institute's site that they introduced the level 1 exam because of substantial increase in people demanding. It was difficult to manage so many people with the exam once a year.

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they don't want many people to pass L2 & 3

so they won't change that

only reason why L1 is offered twice is because they want many people to pass it so they give L2 a try or two...

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random/stupid question but how do you edit a post? i don't have a button anywhere that says edit...

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ZeroBonus Wrote:
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> they don't want many people to pass L2 & 3
>
> so they won't change that
>
> only reason why L1 is offered twice is because
> they want many people to pass it so they give L2 a
> try or two...

+1

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LloydDobler Wrote:
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> random/stupid question but how do you edit a post?
> i don't have a button anywhere that says edit...

it's right beside "?Report This Message?Edit Post"

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I recall hearing they didn't want to make it possible to take/pass all three exams in essentially one year (i.e. June L1, December L2, June L3). Despite the fact that it would be ridiculously hard to do that, plus you'd be studying well before the first exam, it still kind of makes sense to me as a policy. Maybe offer December L2 for retakers only though?

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I am in the camp that believes L1 is made to be easy to get people in the program, because the jump in difficulty from 1 to 2 is craaazzy.

So, you pass L1, and will definitely attempt L2 at least once, and likely twice.
The serious people move on, and the rest provide money fodder.

Not a bad business model..

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ffk Wrote:
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> LloydDobler Wrote:
> --------------------------------------------------
> -----
> > random/stupid question but how do you edit a
> post?
> > i don't have a button anywhere that says
> edit...
>
> it's right beside "?Report This Message?Edit Post"


The "Edit Post" disappears after an amount of time.

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I agree with the "retake exemption" and wish they allowed us to retake level 2 in December... while it's still fresh. Is it too early to start studying for next June? I just needed more review time...

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