Wednesday 17 January 2007

Warning: the CFA exams can lower your self-esteem

After all the effort, after all the hours (about 150), after all the sacrifices, I got the CFA results today: fail.

Q#TopicMax Pts<=50%51%-70%>70%
-Alternative Assets12- - *
- Derivatives12- * -
- Economics24- - *
-Equity Analysis24- - *
-Ethical & Professional Stnds.36-
-
*
-Financial Statement Analysis68
*
- -
-Fixed Income Analysis24
-
* -
-General Portfolio Management12
-
* -
-Quantitative Analysis28
-

-
*



Pass rate was 39%. It was a close call but a fail nevertheless.
I am drained and exhausted.

Advice: if you ever consider taking the CFA Level 1 exam, make sure you put in the recommended number of hours (250 hours) and don't do what I did: 150 hours.

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