sdada

FinNinja Wrote:
-------------------------------------------------------
> iteracom Wrote:
> --------------------------------------------------
> -----
> > Yes. L2 is a great sacrifice. The statistic is
> > something like only 5% of people taking L2 for
> the
> > first time will pass it.
>
> I'd like to know where this statistic came from as
> well. I've always wondered what the breakdown on
> the passrate is between 1st timers, 2nd timers,
> and so on is.

----- This statistic is obviously made up
I wouldn't believe any numbers unless provided by CFAI...

The candidate pool is made up of those who we're good enough to pass level I, but I know alot of people who failed level I their first time too....I'd say from all the people I know personally (from my experience), the ratio is similar for level II.. I know alot of people who passed level II their first time through

I think a big problem lies in the material, where level I is just a re-cap of the undergrad for the majority of people.... where most people haven't studied the majority of material in level II...

best of luck to all the level II candidates... I'm looking forward to beginning in January..I was going to start in November but figured I'd enjoy a couple months before losing all my free time to CFA haha