September 2018 CAIA Level II - How is everybody doing? Share Ideas, report progress and share your EXAM RESULTS !!!

[rexkicker]

@K84

Fully agree with the MPS being low

What a 62% pass rate isn’t high enough for you?

[K84]

It is high

[ws1]

@MajorNYC

I agree but I thought the test was difficult. I scored around the top 20 percent and would be surprised if I had 70 percent correct answers. That means the MPS is probably pretty low if over 60 percent passed

CAIA comes at the material and testing from a more due diligence standpoint. CFA testing is more analysis and easier for me personally. I had studied for CAIA thinking it was a ‘CFA like’ test but on Alts. Not the case…,

I also think CAIA is in a recruitment effort. They are trying to get more people to have the CAIA designation before making it exclusive. Thus, going after ‘Stackables’. Maybe that’s right or maybe that’s wrong.

Agree. Now the exam is over, results are released and dues are paid. I will give my two cents:

1. Too much material overlapping in the readings and some can be confusing and contradicting.

2. Too much memorization vs analysis and application of concepts.

3. Not much real-world application. I was hoping to learn more mechanics of how to run a global macro fund.

[e_wessel]

Passed I in March and II in Sept. Now just waiting for my certificate to hang on the wall. Agree with above too much qualitative and not enough quantitative. Probably studied 200 hours with Uppermark, which seemed to be on spot.

[system]

I am preparing for the exam in March 2019. It’s great to know experience in preparing for the exam from here. I still have a problem with materials. The Wiley book is poor as reviews by most people but it’s cheapest. Kaplan and Uppermark are good sources but they are too expensive to me & out of my budget. Does anyone who passed the exam & want to sell it to me? I am sorry if this comment is not appropriate.

[Gogo40]

Check Amazon or eBay for used materials. Best of Luck and do not take the exam lightly.