This was my score for May exam and I was very close to the passing line
10% x 50% = 5%
10% x 55% = 5.5%
10% x 35% = 3.5%
20% x 60% = 12%
10% x 60% = 6%
5% x 50% = 2.5%
35% x 75% = 26.25%
60.75%
So this is more what I expected. This should be a close pass/ fail. The last score should never fail in a million years.
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This some scary stuff. I’m kind of expecting something similar on my exam. Came out hopeful but now I honestly don’t know.
The lowest scores we both could get are 63.5% (me) 62% (you), and the highest scores we could get are 65.3% (me) 65.6% (you). If you overall score is better than mine (closer to the MPS line), then the range will go to the upper bound.
One correct answered question would give us 1.136% (50% PM / ~44 questions).
65.6% + 1.136% = 66.736%
65.3% + (1.136%*2) = 67.572%
Well I guess the correct MPS for us was 67%
Where you were close by one question, and I was close by two questions. LoL.
If these scores are truly failing, then the CFA needs to strongly consider having every candidate before 2000 resit for the exam or forfeit their charter. The disparity in difficulty has gotten out of hand.
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How are you doing your weightings of topics?
I used several cases:
Worst-case: multiplied the results by unfavorable weights (i.e. scored bad in one topic, multiply it by the highest weight possible; scored good in one topic, multiply it by the lowest weight possible)
Moderate-case: trying to figure out the most realistic topic weightings (usually from memory).
Best-case: similar to worst-case, but vice versa.
Of course in each scenario, had to come up with 100% weighting.
So what’s the mps for nov 21 exam, given that May was 59% and august 55% according to 300 hours?
Same stuff here, May 2021 retaker (2nd attempt), was 2 questions short i guess.
Retook in November 2021, ready to retake again as seems like Institute is making this on purpose.
Ahh so those experimental questions do exist. Well hoping they don’t mess us up this time. Retaker here from 2019.
What was your breakout Ksady?
Well, I thought my score and danishhasankhan’s being similar were coincidence, but now looking at your score, it seems suspicious that all our three scores are the same.
| Ethics | 40% | 10% | 4.00% |
|---|---|---|---|
| Econ | 58% | 10% | 5.80% |
| Equity | 48% | 10% | 4.80% |
| Fixed | 50% | 20% | 10.00% |
| Deriv. | 100% | 10% | 10.00% |
| Alts. | 40% | 5% | 2.00% |
| PM Behav. | 70% | 20% | 14.00% |
| PM Ass. All | 60% | 15% | 9.00% |
| 100% | 59.60% |
Assuming you were two questions off, and looking at the rest MPS should have been around 62%, 59 is too low imo. Also what’s your secret for derivs? Currency management wrecks me.
| Worst case | Result | danishhasankhan | Worst case | Ksady279 | |
|---|---|---|---|---|---|
| 10% | 3.00% | 5.00% | 15.00% | 6.00% | |
| 10% | 6.60% | 5.40% | 10.00% | 5.90% | |
| 15% | 8.55% | 5.70% | 15.00% | 7.20% | |
| 15% | 11.85% | 9.15% | 20.00% | 10.00% | |
| 10% | 5.90% | 6.10% | 5.00% | 5.00% | |
| 5% | 3.30% | 2.48% | 10.00% | 4.15% | |
| 20% | 13.70% | 14.40% | 15.00% | 10.58% | |
| 15% | 10.58% | 13.80% | 10.00% | 6.00% | |
| 100% | 63.5% | 62.0% | 100% | 54.8% |
| Avrg case | Result | danishhasankhan | Avrg case | Ksady279 | |
|---|---|---|---|---|---|
| 10% | 3.00% | 5.00% | 10% | 4.00% | |
| 10% | 6.60% | 5.40% | 10% | 5.90% | |
| 10% | 5.70% | 3.80% | 10% | 4.80% | |
| 15% | 11.85% | 9.15% | 15% | 7.50% | |
| 10% | 5.90% | 6.10% | 10% | 10.00% | |
| 5% | 3.30% | 2.48% | 5% | 2.08% | |
| 20% | 13.70% | 14.40% | 20% | 14.10% | |
| 20% | 14.10% | 18.40% | 20% | 12.00% | |
| 100% | 64% | 65% | 100% | 60% |
| Best case | Result | danishhasankhan | Best case | Ksady279 | |
|---|---|---|---|---|---|
| 10% | 3.00% | 5.00% | 10.00% | 4.00% | |
| 5% | 3.30% | 2.70% | 10.00% | 5.90% | |
| 10% | 5.70% | 3.80% | 10.00% | 4.80% | |
| 20% | 15.80% | 12.20% | 20.00% | 10.00% | |
| 5% | 2.95% | 3.05% | 10.00% | 10.00% | |
| 5% | 3.30% | 2.48% | 5.00% | 2.08% | |
| 25% | 17.13% | 18.00% | 25.00% | 17.63% | |
| 20% | 14.10% | 18.40% | 10.00% | 6.00% | |
| 100% | 65.3% | 65.6% | 100% | 60.4% |
Ok, MPS being different for every candidate confirmed.
thank you Dasstienn, very helpful
no secret for derivatives i guess, questions were straightforward (cannot disclose the content)
If questions were mainly comprised of options strategies, then I guess most people would get high score. However, yes, currency mgmt is BS.
But based on Ksady’s MPS, they were implied to get harder questions (therefore low MPS).