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- Topic: CFA Result Day is coming
| Author | Topic: CFA Result Day is coming |
|---|---|
| vert53 @2019-08-08 11:05:49 |
The truth is, you walked out of the test center a few months ago not knowing if you passed. It is finally the day you get to see if your hard work has paid off. The anticipation will get to you as you nervously wait for the email. - I passed. Congratulations, your hard work paid off. Celebrate again. Please note the proper way to put your accomplishment on your resume and social media. - I failed. I will do some quick math for you. Level I Pass Rate: ~43%. Level II Pass Rate ~40%. Level III Pass Rate: ~53%. Guesstimation probability you pass all three levels consecutively: (.43 * .40 * .53) = 9.1%. The CFA Institute does not give you this information, but speaking to others who have failed, I would say 50% of them failed at least one leg. Either because they did not adjust to the vignette style of Level II or they slept on level III because they saw the light at the end of the tunnel. From this information, we can guess the average Charterholder passed all three levels in 4-5 years. It is part of the process and life. Pick yourself back up, figure out your weak sections, and give it hell next year. |
