Level II Test – How do you think that it went?

It’s usually about 6 weeks for L1 and L2 results, so around mid July.

In general, I think the level of difficulty was fair. But much harder than level I. In level I I finished both session within the first hour and had time to redo everything once before I walked out at the 2 hr mark (not that I’m good or anything, just that as a graduate student I could devote more time than most to the CFA exam). The level II exam took almost 2.5 hours. I only had time to go through the questions that I had doubts about before time was called. I think it’s a combination of more materials and the fact that I had less time to prep for this exam as I took on a part time job aside from my graduate studies. This really made me respect and admire those in the program with a full time job and still manage to cope with the exam.

I’m worried. Ran out of time and had to rush. I noticed a lot of LII candidates didn’t turn up.

@zee I know. It would be nice if they were counted! 😛

@sarah – I’m waiting for your post on this 😉

After trying a total of 7 mocks in the past 3 weeks, my distribution of 14 half-mock scores looked completely flat between 60 and 80 percent. Had I tried a couple more, my score timeseries would be used for an exercise to show zero linear coefficient with respect to time and absence of either of heteroscedasticity, serial correlation or mean reversion. So I had not much confidence going in.

The test turned out definitely easier than most Schweser mocks and the notorious CFAI one. Part of it may be that CFAI exam writers were more careful with their writing of the real exam, the language was much clearer, easer to read and thus looked less intimidating. For me specifically, another plus is that some of my weaker topics barely showed up.

I thought the morning session went very well but the afternoon session was kinda tricky B-)

@bceagles I found some of the questions in the exam a little trickier. Scampered for time in the am section though. What do u thnk would be the mps?

Sounds great guys! But no worries, it’s all over, you’ve poured your brains on it, just wait till mid July and see 🙂 Enjoy your well deserved break!

I’m worried. Ran out of time and had to rush. I noticed a lot of LII candidates didn’t turn up.

That always gave me some comfort in terms of pass rate when I was a candidate. I only found out later that no-shows are not included in the pass-rate calculations…