CFA CFA Level 2 Is quitting the best option?

Is quitting the best option?

  • This topic has 5 replies, 4 voices, and was last updated Apr-18 by mitch895.
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  • ralu14
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    I all. I’m scored very low on practice exams and I have a very hard time recalling material I went over twice already. I wonder if the best option is to give up and take it next year. I was planning on taking the week before the exam off as vacation but now it seems fruitless. Thank you for your advice. 

    RoyD
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    What the hell are you talking about? You’ve paid the fees so you might as well go and sit there for 6 hours. Get some real exam experience or just have a look around or scribble on the sheets ….

    PaulAdaptPrep
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    Discouragement is one of the biggest enemies. If you’re already feeling discouraged, that is likely contributing to lower scores. 

    I agree with RoyD, its worth it to stick to it. You’ve come this far, give it a valiant effort and your results may surprise you! And even if you don’t pass, going through the experience will make you much more prepared for next year’s sitting – either way its a worthwhile investment of time! Go for it!

    ralu14
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    Thanks guys. I studied, took, notes, did practice problems yet I have a hard time remembering info. FRA, Equities, and Corp Fin are easier to handle for me so may be I will focus on those. I guess I’ll just continue with practice problems. Thank you. I’m absolutely terrified. My job does not depend on the exam but losing face is hard to deal with. 

    RoyD
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    Well those 3 topics make up like 40% of the curriculum weightage. Go for it.

    mitch895
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    In theory you “only” need to score 80% on 80% of the material to pass (and blind-guess the rest).  Much easier said than done, of course…  

    I’m poorly prepared for this next exam so my plan of attack is to speed-read through the “summary” sections of each reading and take note of anything I’m not familiar with.  Saturday I’ll sit a mock exam (AM & PM) then spend Sunday working out where I went wrong, prioritise areas for improvement and hopefully close some knowledge gaps.  Given my lack of preparation over the past 2 months I’m probably going to fall a bit short of passing (reckon I’d test something around the 60% mark if the exam was today), but hell, if everyone who had doubts didn’t turn up there would be very, very few people show up. :smiley: 

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