|Author||Topic: CFA difficulty survey|
|for those who have passed all 3 levels.........
i'd like to initiate a survey about how the exams are.......
rating from 1 to 5
my ratings are:
|Please excuse my
L1 - 1 or 2 (closer to 1)
L2 - 3 or 4 (about the middle)
L3 - 4 or 5 (closer to 5)
Please excuse the liberties I have taken with your scoring system, but I am extremely anal retentive. For me they got progressively harder with each level. Level I was basically a cakewalk, and I basically choked on the essay portion of level III (but still cleanly passed).
|L1 - 2.5
L2 - 5
L3 - 4
|1 - 1
2 - 5
3 - 3
These are for the last three years' exams. I found 2 to be the toughest with severe time constraints owing to calculations and arcane questions. The way I see it, in L1 the exam was easier than the concepts (which weren't particularly hard themselves esp. after an MBA), in L2 the exam was harder than the concepts, and in Level 3 the concepts/exam were about equal. Might be just my thoughts, but others I've talked to after those exams seemed to feel the same way.
level 2 was brutal, every study section was a *****, i only got half way thorugh bk4 coz i got so bogged down by the rest, i was lucky tho, not much came up on that end bk4 stuff last year so I got through. level 1 is stright forward but most important to do well on to have a good background moving forward.