To “murders&executions” - Wow. I am amazed at your level of animosity towards an entire group of people you have never even met. I cannot imagine the negativity which must exist in your presence. Usually I just shake off any ridiculous posts, but this one just reeks. I wish you well. You should welcome the increased competition, if that is even the case. A few more “idiots” pass level I of this beast and all of a sudden this becomes a “watered down” designation? Maybe you didn’t get the memo - but us idiots still have two more tests to pass before that’s even a consideration. Sorry about the 46% passing rate. We can’t help it if we’re wonderful. Don’t be jealous. Try a little tenderness…
the passing rate of 46% for level one can be due on different factors that should be considered: First: instead of 4 choices, candidated faced with 3 choices in questions to choose from Second: the market has faced a deep recession for some times now, so its obvious that more candidate has gotten a better focus in their studies Third: probability of a new testing policy by CFA institute (higher passing rate for L1 and thougher for other levels) SO, I think its better stop nagging too much and not be worried about the loosing of the credibility of the CFA designation
d0pa Wrote: ------------------------------------------------------- > I have cleared exams where I scored in top 500 out > of 200000 , it was two phase , and i didn’t felt > any competition at all in first phase , it was > cakewalk to come in 10000 who compete in phase 2 > and 3000 gets selected . so you see total pass > rate is 0.1% and you see what is pass rate in > “serious” candidates it’s 30%. > d0pa, Are you talking about IIT JEE in India ? The numbers you spoke about look familiar.
Although it is big increase from recent pass rates, 45% is the historical average for L1 so 46% is not outrageous. Congrats to those that passed.
charu_mulye Wrote: ------------------------------------------------------- > d0pa Wrote: > -------------------------------------------------- > ----- > > > I have cleared exams where I scored in top 500 > out > > of 200000 , it was two phase , and i didn’t > felt > > any competition at all in first phase , it was > > cakewalk to come in 10000 who compete in phase > 2 > > and 3000 gets selected . so you see total pass > > rate is 0.1% and you see what is pass rate in > > “serious” candidates it’s 30%. > > > > d0pa, > Are you talking about IIT JEE in India ? The > numbers you spoke about look familiar. That has to be IIT JEE, the mother of all competitive exams. No other exam in the world has such numbers.
d0pa Wrote: ------------------------------------------------------- > 46% have passed cuz people have worked harder this > time. Passing CFA means you have sufficient > knowledge to enter in investment business. I am not sure “harder” justifies the rate; you may want to hit statistics text yet again. There could be host of reasons to cause this high rate. > … So do you want to feel victorious competing > with garbage ? > > Those who think 46% is joke then i would summerise > it in one line as they are > " strong people who like to compete and beat a > weak person to take pleasure of winning" I hope you will be a better analyst. It seems you feel most of the folks are garbage, but you don’t want others to feel the same.
fordprefect Wrote: ------------------------------------------------------- > charu_mulye Wrote: > -------------------------------------------------- > ----- > > d0pa Wrote: > > > -------------------------------------------------- > > > ----- > > > > > I have cleared exams where I scored in top > 500 > > out > > > of 200000 , it was two phase , and i didn’t > > felt > > > any competition at all in first phase , it > was > > > cakewalk to come in 10000 who compete in > phase > > 2 > > > and 3000 gets selected . so you see total > pass > > > rate is 0.1% and you see what is pass rate in > > > “serious” candidates it’s 30%. > > > > > > > d0pa, > > Are you talking about IIT JEE in India ? The > > numbers you spoke about look familiar. > > That has to be IIT JEE, the mother of all > competitive exams. No other exam in the world has > such numbers. While CFA may not be comparable to IIT JEE, I am not sure JEE is mother of all exams. If you could train your brain with some of the tutorial material out there while reining in your teenage energy to do this, you can pass JEE. There are quite a bit of “garbage”, to use d0pa words, who make it.
^ Yet, even the ‘garbage’ does significantly better in life than ‘the lesser mortals’, for whatever reasons. There is no exam in the world worth its salt that does not have tutorial help and material available in the present age. The quality of exam questions have fallen over the years because of political interference, yet it remains the most formidable challenge for millions.
What’s with all this anger, biases and conspiracy theories. Just because you drilled in Level 1 information with QBank makes you less of an idiot? See you in Level III, jackass.
something ain’t right with your name either, so are you the guy who befriends people on popular forums to later murder and execute them??
gauri Wrote: ------------------------------------------------------- > something ain’t right with your name either, so > are you the guy who befriends people on popular > forums to later murder and execute them?? Someone hasn’t seen American Psycho.
you just confirmed for me that OP is a psycho. JensensalphaMale Wrote: ------------------------------------------------------- > gauri Wrote: > -------------------------------------------------- > ----- > > something ain’t right with your name either, so > > are you the guy who befriends people on popular > > forums to later murder and execute them?? > > > Someone hasn’t seen American Psycho.
Sorry man, though I passed I’ll retake in December for you so that I might justify my existence. Clearly people are more determined to work hard in this economy. Moreover, professions typically employing highly intelligent people have seen tremendous layoffs. These people not only have the time, but the intellect and inclination to study thoroughly for the level I exam. I’m sorry you attended a third tier toilet undergrad and relied solely on your 35% passing performance to give your life meaning. Go troll on GRE boards. I’m sure that’s your next stop. xoxo, hope that helps
I worked very hard on the level one material, got to a point where I felt that I had a solid understanding of the material, and was even scoring 90%+ on Schweser mock exams. I find the idea that the exam I passed was somehow less than the one taken a year previous very insulting. Simply because more people passed the exam does not make me any less worthy of writing the next one.
Hey it’s a 50% chance of passing anyway. Either you pass or you fail. That means that 46% sounds about right.
as if employers around the world are sitting there saying " oh my god Jim - did you hear the pass rate for level 1 was 46% ?? - we better stop hiring charterholders - as it’s now clearly a designation for idiots - murderers and executions told me - " - as they giggle and talk about their weekend plans over a latte relax dude - you’re pi$$ing on a lot of people that sacrificed the last 6 months to ace this thing - good for them i say. and congrats to all.
mcpass Wrote: ------------------------------------------------------- > Hey it’s a 50% chance of passing anyway. Either > you pass or you fail. That means that 46% sounds > about right. Here’s our next John Nash.
Please, don’t insult the genius. fordprefect Wrote: ------------------------------------------------------- > mcpass Wrote: > -------------------------------------------------- > ----- > > Hey it’s a 50% chance of passing anyway. Either > > you pass or you fail. That means that 46% > sounds > > about right. > > Here’s our next John Nash.
mcpass Wrote: ------------------------------------------------------- > Hey it’s a 50% chance of passing anyway. Either > you pass or you fail. That means that 46% sounds > about right. You keep flipping that coin, sport.
No comments…But god, I feel horrible I passed. Perhaps I am an idiot…who knows… or maybe not…