Meet the Bulgarian analyst arguing that the CFA marking scheme isn’t fair

So…let me get this straight.

You left 2 entire questions blank, got 50~70% marks for those questions and yet you still failed the exam? Are you telling us that CFA was trying to secretly help you out this year by handing you 2 freebies and you still did not make the cut??!!?!?

Give s2000magician a call…I think you seriously need his help.

I’ve wondered for a while if there is some sort of super-secret pity algorithm that helps out retakers slightly. Because that would explain my miraculous passing of L2 on the third try.

Ethics Quiz

A canidate delibritally answers questions on the CFA level three morning test in a way to determine CFA institue scoring practices, Which standard did the canidate fail to meet?

VII.RESPONSIBILITIES AS A CFA INSTITUTE MEMBER OR CFA CANDIDATE

A. Conduct as Participants in CFA Institute Programs. Members and Candidates must not engage in any conduct that compromises the reputation or integrity of CFA Institute or the CFA designation or the integrity, validity, or security of the CFA Institute programs.

Guess who is never gonna get that CFA charter…

I just dont understand why a few people are more concerned with proving the CFAI wrong than actually passing the exam. RTFQ then ATFQ!!

The guy posted his CFA confirmation letters on his LinkedIn Profile, who does that…

Yeah i was saying that .

Maybe (am saying maybe) CFA can’t be given to citizens from the Warsaw Pact.

The untold truth is that the CFAI was established by Sen.Joseph McCarthy .

I managed to decrypt this year’s mock. It contains instructions to contaminate vodka shipments.

CFAI is a shadow organization under the CIA. The aim is to keep the world’s brightest minds busy and disconnected from life. Actually, CFAI don’t care about average people, they just make them pass and go back to life. They find out who have the highest results from the targeted countries, and they just make them fail year after year. They let them taste the sweetness of success in 2 levels, then destroy them from inside out. Actually when I passed I felt bad. I felt unwanted. They don’t pay attention to us average people.

But wait, grades are per topic, not per question. Questions normally cover different topics. Leaving a whole question blank, doesn’t mean you’re loosing the full mark of a specific topic. This topic might be covered by other questions.

But you know what guys, yeah, go ahead, leave whole questions blank next year to test this theory.

Dropping the loads?

The L3 morning session grades are provided per question…

shhh…this is fun

my apologies

I wouldnt know, i dont have much experience in this. I passed first time.

I wouldn’t either… so did I.

Back to the serious issues,

I will donate USD1000 to Analyst Forum if they bring back qqqbee’s thread. Am not kidding.

Rumor on the street:

This Bulgarian analyst clown is the same chap that s*** in the sink of the bathroom in NYC for level 1 a few years ago.

http://www.analystforum.com/forums/cfa-forums/cfa-level-iii-forum/9983448

Disclaimer: I’m not a CFAI grader. But I know a good number of them, as well a more than a few of the folks at CFAI. The grading process on the L3 exam is about as bias-free and professional as you could imagine for a constructed-response system. There are extensive and clear standards for giving points on a given question, and exams arte checked by multiple people. So in order for the pattern you mention to have occurred, it would require multiple graders to conspire in the grading.

So color me sceptical. They bring in outsiders to grade the exams. Many (if not most) of these are professors who’ve done a LOT of grading. It’s a good gig, and doubt they’d want to mess it up.

This is the first step before the ban!

Is the L3 only offered in english? I am relatively new here but it seems the people complaining the most are non-americans. Obviously based on a small sample size so I could be very wrong.