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标题: What would you do if you fail level 2 the second time? [打印本页]

作者: JPSem    时间: 2013-3-31 13:00     标题: What would you do if you fail level 2 the second time?

I thought of quitting. I thought of trying one last time. I thought of hurting myself real bad.
Undecided.
作者: wilslm    时间: 2013-3-31 13:00

If I fail again which seems likely I would probably take it again one last time, but I with you topher, I don’t work in a front office role either and it does seem like all the effort I am putting in for this isn’t getting me anywhere
作者: zephyranalyst    时间: 2013-3-31 13:00

Take the exam as many time as it takes
作者: tikfed    时间: 2013-3-31 13:00

Taking it as many time as it takes? Well a friend of mine spent 6 years on level 2 and never passed. If he hadn’t moved on and went for a full time MBA (outside of top 30 but good program), he would still be making $45k in a very undesirable back office. Now he’s doing great in corporate finance.
作者: therecruit    时间: 2013-3-31 13:00

I don’t see how that has anything to do with the CFA, he could have accomplished the other things while attempting level 2. Maybe with the CFA, he could have moved on sooner rather than waiting to complete the MBA.
作者: Colum    时间: 2013-3-31 13:00

cfagoal2 Wrote:
——————————————————-
I don’t see how that has anything to do with the
CFA, he could have accomplished the other things
while attempting level 2. Maybe with the CFA, he
could have moved on sooner rather than waiting to
complete the MBA.
Sure, you can accomplish anything you want while taking the CFA, but the bottom line is you still spend 4-6 months a year to study for level 2, for years, and if you don’t pass you get absolutely nothing (other than ‘passed level 1’ which means little). Life is kind of too short for that, IMO. However, I don’t discourage anyone from retaking countless times. I just don’t think it’s worth the time that’s all.
作者: kingstongal    时间: 2013-3-31 13:00

I might put a fist through a wall, and admittedly, it wouldn’t be as easy to make the decision to register for the exam a third time, but I’m pretty sure I would. Not turning back now.
作者: jarobi04    时间: 2013-3-31 13:00

Rage quit?
作者: Walex    时间: 2013-3-31 13:00

“We don’t quit at half time… You don’t score until you score!”
- Steve Stifler
作者: bpdulog    时间: 2013-3-31 13:00

Pay someone to take the test for you (forge your documents).
My sympathy to anyone in that kind of slump. I know plenty of successful people that dropped out unable to finish level 2 and 3.
If you put in good effort into the exam you need to rethink your plan of attack. Try getting into practicing the material outside of the material. Conducting your own research on stocks and investing a little bit with an etrade account. Just buying a few bonds helped me understand Fixed Income a whole lot better than reading about them in textbooks.
Seek and experts help too.
作者: random_walker47    时间: 2013-3-31 13:00

Will quit for sure if failed 2nd time.
作者: comp_sci_kid    时间: 2013-3-31 13:00

Robbon1 Wrote:
——————————————————-
“We don’t quit at half time… You don’t score
until you score!”

- Steve Stifler
I don’t consider passing Level 1 is half time. :-) If one passed level 2 and failed level 3 twice, I would suggest that he/she takes level 3 again. But usually people don’t fail level 3 that many times.
作者: dyga    时间: 2013-3-31 13:00

ChickenTikka Wrote:
——————————————————-
Pay someone to take the test for you (forge your
documents).

My sympathy to anyone in that kind of slump. I
know plenty of successful people that dropped out
unable to finish level 2 and 3.

If you put in good effort into the exam you need
to rethink your plan of attack. Try getting into
practicing the material outside of the material.
Conducting your own research on stocks and
investing a little bit with an etrade account.
Just buying a few bonds helped me understand Fixed
Income a whole lot better than reading about them
in textbooks.

Seek and experts help too.
Sound advice! (Excluding the first one.)
作者: d2rockstar    时间: 2013-3-31 13:00

Somebody gona get hurt real bad…..
作者: NakedPuts    时间: 2013-3-31 13:00

chicken tikka missala rocks!!
作者: Analyze_This    时间: 2013-3-31 13:00

wake2000 Wrote:
——————————————————-
chicken tikka missala rocks!!
This is good, but I like Chicken Madras better. Make it extra spicy with some nann and lassi, mmmmmmmmmmmmmmmmmmmmmmmm
作者: lunarfollies    时间: 2013-3-31 13:01

I have no job, live at home, and am flat broke. If I fail level II I may just hang myself. But if I don’t hang myself, yeah I’d take it again.
作者: DarienHacker    时间: 2013-3-31 13:01

If I dont pass I’m not going to try again mainly for a couple of reasons. The first being that its probably just not for me if I cant pass it on the second try. Secondly there are other things that I would prefer to be doing than studying level 2 for a third time.
作者: meghanjackson    时间: 2013-3-31 13:01

You fail. Two harshest words in the English language. Harsher than f you because one is directed at you for any reason, the other being you are not worthy because you fail you. No one to blame but yourself. Freaking sad.
Afraid of wife not respecting me… she thinks the world of me… now only disappointment.
Three more dreadful days.
Thank you, guys, for the input.
作者: mkytz15    时间: 2013-3-31 13:01

it would be devastating…
makes me wonder… have anybody committed suicide from not passing (again) any cfa exam?
no joke… (not that I’m ever in that camp)… but I can totally sympathize and understand why…
these exams stress the crap outta people.
作者: economicz    时间: 2013-3-31 13:01

dbfinley Wrote:
——————————————————-
I have no job, live at home, and am flat broke. If
I fail level II I may just hang myself. But if I
don’t hang myself, yeah I’d take it again.
the dry wit made me chuckle ………hang in there mate
作者: WarrenB1    时间: 2013-3-31 13:01

What is the max time frame for a CFA? Can you say man this sucks, I’m tired of it, then come back 4 years later and retake?
I know that would be stupid, cause you will have forgotten most of it, but whats the limit?
作者: adehbone    时间: 2013-3-31 13:01

there are no limits - once you pass a level it doesnt expire
作者: dandman    时间: 2013-3-31 13:01

yeah, the CFAI website also states this.
作者: Kapie    时间: 2013-3-31 13:01

I saw some 50+ year old guys taking at level 2. Was afraid to ask…
作者: jbaldyga    时间: 2013-3-31 13:01

retake the exam again
作者: ninja1024    时间: 2013-3-31 13:01

I agree,
we would prefer you hang around. do not give up and go to the other side.
pimpineasy Wrote:
——————————————————-
dbfinley Wrote:
————————————————–
—–
  I have no job, live at home, and am flat broke.
If
  I fail level II I may just hang myself. But if
I
  don’t hang myself, yeah I’d take it again.


the dry wit made me chuckle ………hang in there
mate
作者: jcole21    时间: 2013-3-31 13:01

I would be totally devasted…..
Especially after a colleague said she passed all three levels on the first try while barely studying. She also said that anyone that can not pass the exam just isnt too bright.
Mind you, she isn’t even a member of MENSA.
作者: himanshumh    时间: 2013-3-31 13:01

She sounds like a lovely person…




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