Analyzing my May '21 L3 Failed Attempt - How close was I?

Images include: 1.) Overall Percentile Performance 2.) Section grades 3.) Overall Grade Estimate

My overall percentile performance was fairly below the Minimum Passing Score (MPS). My grade estimation takes the mid-point of each topic min/max range, and multiplies it against my estimated section scores (guessed visually from image #2), then summing all components to estimate my total exam score of 56% (image #3).
(The mid-point assumption likely creates a margin of error, where perhaps my worst sections were actually weighted near max and vice verse…)

The site 300hours estimates the MPS for L3 May '21 as 59%, which is only 3% above my estimated score. My overall percentile score makes me think I was much further from passing, as my line was not that close to the MPS. Is it possible a lot of candidates are clustered in this range where a few extra points significantly changes your percentile rating?

Just something I’ve pondered will studying for my rewrite coming up in August.

How far from passing do you think I was?

I also failed in May 2021 and I was quite close to the MPS. I don’t think MPS was around 59%. I think it must be somewhere 63% or more.

All the best for the upcoming exam.


Certainly possible. What did you use to study? What are you going to do this time around?

I wrote Nov 2021 again and cleared it. I ditched Schweser (except of Beh Fin as I was running short of time) and used only CFAI for Nov. I did all the solved examples, EoC and online questions thrice.
I felt Nov 2021 paper was extremely tricky compared to May 2021 and I thought I will fail again for sure but to my surprise, I cleared the exam.