CFA CFA Level 3 Results

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    • jasdev
      Participant
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      “We sincerely regret to inform you that you did not pass the June 2019 Level III CFA
      ® exam.”
      To be honest, when I saw those words, it was a relief. I left the exam knowing that I hadn’t finished the Curriculum, and therefore hadn’t been able to answer a significant number of questions on both morning and afternoon sessions. There was a ton of guessing involved in the PM session and I figured I would need a huge amount of luck to stand a chance of passing.
      Overall, I was below the MPS, and hovering above the 10% percentile scoreline. I actually did less bad on the AM than on the PM, though both close to the 10th percentile score. I credit my job with the slightly better AM performance, as I have to write short and to the point for my superiors.
      I’m taking a week’s holiday from Monday and then I’ll have all of September to think about whether I even want to sign up again; as I repeated Level II once, it’s been four years of work now and that has meant a significant cost in time with family, friends, my social & dating lives and other pursuits. As I’m 33, I do question whether I’ll regret postponing all of the above for one more year, even if I were to pass next June.

      Hope others did well enough to pass, and if not, look forward to hearing your thoughts on retaking!

    • cfachris
      Participant
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      Hey @jasdev, sorry to hear that man… I just managed to scrape through on my 2nd try, so there’s hope. 

      When this happened to me last year, I felt slightly angry actually as I was hoping to pass and “be done with this”. But i feel it’s so close to that 3 letters behind my name I actually was really motivated to have another go – it’s kinda like the double down mentality (terrible gambler  :# ).  Second time around felt less intimidating as I’ve experienced the written nature of the exam before, and I forced myself to make/type succinct notes as I study along to speed up last minute revision this time. Kinda just about work, so just sharing my thoughts –> have a think about it during your holiday, but I definitely get that the time cost with family/friends/social life sucks though.

    • jasdev
      Participant
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      Cheers @cfachris , I’m happy to hear you’ve passed!

      I think I need to tap up this random guy on LinkedIn who has been sharing that he passed in the top 10th percentile each time, and find out what drugs he is on…

    • artyeasel
      Participant
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      Oh snap, sorry to hear that @jasdev. I hope you recover well and try again, L3 is too close to finishing to give up!

    • jasdev
      Participant
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      Cheers @artyeasel , I’m actually still undecided. There are positives to retaking (the knowledge, the credential, the satisfaction at having completed the damned thing) but also negatives for me (another year of denying myself time with friends, family, dog, colleagues; another year of being single!; less time to go climbing; the cost).

      I’m unhappy in my current employment so if I’m successful in finding a new job, I may say no to the CFA Program given the time commitment.

    • Sophie Macon
      Keymaster
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      What are you currently looking for job wise @jasdev?

    • jasdev
      Participant
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      Sent you a PM

    • Sophie Macon
      Keymaster
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      jasdev said:
      I’m unhappy in my current employment so if I’m successful in finding a new job, I may say no to the CFA Program given the time commitment.

      I guess that makes sense. Good luck with the job search as well! 

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