AuthorTopic: CFA exam methods
@2017-01-05 12:52:59
Maybe someone who has had involvement with CFA Institute / CFA exam authoring and granding process can offer insight into the following.

Inevitably, a question (or two) created by CFA Institute are blown. Meaning the question was not received as intended by a large majority of candidates. It must happen. In universities, colleges, and other professional exams, it happens from time to time where entire questions are discarded because they obviously missed the mark. You cant blame the exam taker when the exam author messed up the question. CFA Institute is not infallible; this must happen somewhere along the way. My question is "ow is this handled when it happens". Does this questions get removed? Does the questions stay but the points curve is adjusted as necessary? What happens if I spent 15 or 20 minutes working on a question and then it doesn't count or doesn't carry the weight originally intended.

Also, a common practice among many other exam programs is to include sample questions among the multiple choice exam questions. These questions are indistinguishable from the regular questions but do not count for points; they are used by the exam givers to test new question methodology. This is common on the GMAT and many other professional programs. Does this happen on the CFA?

Anyone with knowledge please share your insights.


CFA Discussion Topic: CFA exam methods

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt