AuthorTopic: Getting Nervous
ReggieRock
@2008-10-09 14:20:41
I have only 2 study sessions to go and plan to be done covering new material before the beginning of Nov. While I have finished quant. review and am working on econ questions I'm flat out nervous about remembering everything I've covered. Specifically, Accounting/FSA. I plan on really pounding this topic in the coming weeks, but the whole picture seems pretty overwhelming right now. I plan to spend the last 2 weeks or so working on exam practice. Anyone else's anxiety reaching critical levels?
Jessica
@2008-10-12 09:32:38
I hear you buddy, I've finished the first 17 study sessions (L1), and should finish Portfolio Theory sometime this coming weekend. After that I'll have around 40 days for review, mocks, and other practice. I began studying around August. 1, and when I look back at some of the earlier study sessions, liike quant and ethics, it looks almost foreign to me; I barely remember going over that stuff. The shear volume of material is certainly overwhelming. However, I do remain optimistic regarding my chances due mainly to the fact that you don't have to score incredibly high to pass the exam. From what I gather, a score over 70 should be enough to receive a passing mark (please correct me if I'm wrong).
gerry
@2008-10-13 20:55:23
The exam is relative. The pass score is based on 70% of the top percentile from what I understand.
zwer
@2008-10-14 05:06:33
Is it strictly the case for Level I or CFA Charter? My understanding was that the pass rate was higher than 30% as you suggest. Please correct me if I'm wrong.
gerry
@2008-10-15 21:17:31
From what I was told two charterholders, if the top 10% scored 100% on the exam, the pass mark would be 70% of that = 168 questions/240. Therefore it is not a bell as most people assume. This is just what I was informed.
Diesel
@2008-10-16 16:43:23
Come on guys. None of that is right - go on the CFA Institute website and it tells you. The confusion stems from CFA Institute not telling anyone how the pass rate is determined. But there is an article on their site that says it is something like what gerry said.
gerry
@2008-11-23 01:38:34
All I know is that it gets a lot tougher when there's a bunch of smart (prepared) people writing. So have your friends sign up, relatives too, and if people don't feel ready, encourage them to write anyways! Give the gift of CFA enrollment for christmas.

CFA Discussion Topic: Getting Nervous

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