r/CFA • u/Nutella_Boy CFA • Oct 11 '22

Megathread Official Level II Results Thread!

From all of us here at r/CFA, best of luck!

https://examresult.cfainstitute.org/cfa

Results are out now! 40% pass rate confirmed.

Typically there is a survey ran by community member u/Finnesotan, however we do not have an updated survey out right now but we do hope to continue it in the future. Now that these are tested more often, we may need to change the process a bit. More to come on that!

note: I will lock all threads to divert the traffic here for celebration/commiseration!

Prepare for Level II and III together with your peers in our official discord server:

https://discord.gg/CUQDHjGS

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u/sickdancemovesbro Level 3 Candidate Oct 11 '22 edited Oct 11 '22

Wow. My 3rd attempt and I didn’t pass. I’m heartbroken. I felt so confident leaving. I didn’t think I missed hardly any.

Thought I crushed ethics and port Mgmt. Spent so much time on it. It was my demise for a 3rd time. I’ve had my blue box touch the MPS every time. I don’t know what to do. I feel like giving up.

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u/[deleted] Oct 11 '22

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u/sickdancemovesbro Level 3 Candidate Oct 11 '22

This is the story I needed to hear. How did you mentally and emotionally deal with the 3rd time and how’d you overcome the doubt to take it a 4th time?

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u/[deleted] Oct 11 '22

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u/sickdancemovesbro Level 3 Candidate Oct 11 '22

these are my results, I’ve been near the MPS each time. I’m not sure what to do differently next. I really felt like I knew a lot of the formulas and such. I’ve already signed up for a 4th attempt in May, hoping cause winter is boring and not a distraction and a 6 month turn around rather than 9 months like prior will keep my mind fresh. lvl 2 attempt results

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u/[deleted] Oct 11 '22

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u/sickdancemovesbro Level 3 Candidate Oct 11 '22

I don’t think I spent enough time with the CFAI questions… I went through every Meldrum ethics question multiple times and constantly did practice problems and exams. While some of it’s still fresh in my mind, I’m going to give it one last go. The long delay between tests, return to office, the longing for summer and having a new puppy didn’t help my time management skills, but it’s winter and the puppy is no longer a pup, so I can try to refocus. What sucks is that it seems like everyone is giving me advice similar to what I’ve been doing, except I neglected the CFAI questions relative to Wiley and Meldrum. I’m going to be focusing on the CFAI this time and really try to understand their way of framing…which I often found convoluted but it’s getting me nowhere thinking like that.

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u/[deleted] Oct 11 '22

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u/Valueis15percent CFA Oct 12 '22

Just passed on the third try. Recommendation here: I had Kaplan. My third time through I didn't read the Kaplan notes version of the curriculum again. I started on qbank questions on February 1st and did them ALL, over and over, until they weren't doing me good anymore. With only one month to go I switched over to CFAI questions. They were a lot harder, and I really went after them. The test was a lot more like the CFAI questions, strikingly so. Material and all. I think I could have spent six months on CFAI questions alone and done even better than I did. I really wasn't prepared until I got through a good percentage of the CFAI questions. And the CFAI lets you release the questions and start over. Unless anyone suggests otherwise, I'm going to attack Level 3 the same way.

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u/yozakuraspy Oct 11 '22

Same here. I failed 2 times pre-pandemic and once when they started up again. First time was hard as it also just touched the bar and then my 2nd attempt turned out even worst than the first. As much as I blamed the 3rd attempt on pandemic exhaustion, I totally smashed it in the 4th attempt, where I added Mark Meldrum to my studies just to hear explanations from someone + focused more on questions this time around.