The feeling you guys felt after sitting Level 2

CFA Level III
#1

Hi guys

I just sat Level 2 and I dont feel anywhere near as confident as I did after leaving the test centre last year for Level 1.

Did any of you guys feel terrible after sitting Level 2 thinking you had failed, but you actually passed?

#2

L2 mixed feelings for me. Morning was atrocious and I felt sick going into the afternoon. But then afternoon, I crushed it. Came out thinking if I passed I would be border. I passed, and it was border. haha

#3

I came out of level 2 thinking my chances were very slim… but I made it. Keep the hope up.

#4

Had no idea, and was concerned because I didn’t have the same feeling of confidence as I had with Level I. I still passed. FWIW, it’s no easier at Level III.

#5

Like Normal Contango. I thought my chances were slim to none and then I made it thru.

Hank is right. If you get through, the first thing to remember is that despite what most people say, L3 is no easier than L2.

I believe I got a feel for that while I was studying but it was confirmed on the weekend…

#6

Felt more confident about lvl 2 because I may have missed a few questions in the morning without realizing.

L3 easier? Maybe in the past, but it certainly isnt the case now. However, why have the pass rates for Level 3 been a lot higher than the other levels?

What do you guys think? Lower MPS? Or because those who are able to pass Level 2 tend to be more dedicated/disciplined/etc.?

#7

L3 pass rate is higher but remember there is survivorship bias. You’re taking all the top candidates that can make it past L2 and chopping them in half again. That says to me L3 is hard instead of easy, because it’s proven the L3 group knows how to study for big exams and are serious about it. (There are probably only a rare few that may have lucked into passing L2)

I think some people get shafted by the prior notion that L2 was the hardest and let their guard down on L3. That may have been true several years ago, but no longer

#8

I’m going to be that guy that studies 1000 hours for L3.

#9

I left L2 exam room feeling much worse than L1. I thought my chance was 60/40 but when the results came out I totally destroyed that exam.

#10

i left l2 thinking guarantee pass and i did

#11

Leaving the exam room, I never felt fully confident that I passed any level that I took. But fortunately I did pass them.

#12

I thought I had failed L2 when I left the exam room but I passed!! Even after I received the email that I had passed I was still worried I was going to receive an email that they had made a mistake and that I had actually failed up until the point I registered for L3.

#13

I thought I had failed L2 when I left the exam room but I passed!! Even after I received the email that I had passed I was still worried I was going to receive an email that they had made a mistake and that I had actually failed up until the point I registered for L3.

#14

left level I thinking I definitely failed but had >70% on all sections.

left level II thinking I failed but had >70% on all sections except one section.

left level III thinking I did much worse than I was capable of in the AM section because I just found it difficult to concentrate on the first question and had to read the question over and over and wasted so much time. I think I did well on the PM section. We’ll see…

#15

I thought I did enough in the afternoon on level II to make up for a crappy morning and I think I ended up being correct. It was too close for comfort though.