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发表于 2011-8-27 01:10
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kenluce, Judge Smails, pandeter, mikecocos ... I'm in the same boat.
I failed L3 band 7. I was in complete shock. To qualify myself, I'm a pessimistic test taker. After exam day, I was convinced that I failed L1 and L2; in both cases I passed on my first attempt with relative ease - 13/20 sections >70 between the two tests and nothing below 50 on either L1 or 2. L1 represented 4 of the 7 sections that I didn't score >70 on between the first two levels; I took L1 without a minute of sleep the night before. The 7 sections that I didn't post scores of >70 were almost entirely the smaller sections (5% alternative assets variety). My background also includes a Masters degree in Finance where I earned a 4.0 GPA.
I did better on the PM section than many of the people that passed L3, but I had *5* sections below 50 in the AM. I went into the level 3 exam feeling better prepared than I was at L1 or L2 and I left the exam thinking that I nailed both sections. Again, I was completely shocked by my results.
I have no regrets with how I prepared for L3. If I studied 200 more hours for L3, my guess is that I would have ended up with a higher band fail, but a fail nonetheless. Whatever happened, it resulted in a systemic and epic collapse in the AM. I must have scored 0 points on some AM sections...why? Did I put my answers on the wrong pages? Were my answers too short? Was I unclear on command words? Did I not show enough work to earn partial credit?
I'm rambling (venting really). What's my point? I'm taking this thing again. I want to destroy it. I can solve a "content" problem. I can't readily solve a problem with HOW I am pre-programmed to answer an essay question. I'm just anxious at the thought that I can't learn may way out of my problem with the L3 morning section.
I'm not going to knock CFAI at all; it's their test, and I own my failure. I would say that the institute dedicates hundreds of pages to each study session and assigns a weighting to each of them. To me, the most heavily weighted aspect of the L3 AM section is the format itself. They should have a comprehensive guide on how to approach the AM section if the approach has a significant impact on your results. It's hard to find clear and concise instructions on how they're going to ask questions and then a sample of realistic exam day answers that would score points. Yes, they provide samples and mocks with explanations which are then prefaced by statements that they don't represent realistic exam day answers. The templates and formats that they offer aren't provided in their actual exam day format. The scoring key is a complete mystery.
My approach for 2012 will be to start really early, complete CFAI EOC's and blue-box questions, watch all Stalla videos, complete all Stalla homework, and re-read the 200+ pages of notes that I have...by January 1, 2012. The remaining 5 months will be dedicated to the old CFAI exams, CFAI mocks, CFAI samples; Schweser books 6/7; and mocks from BSAS, Schweser, and Stalla. Hopefully that does the trick.... |
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