Results are in.
It has been a long time since I posted... I kinda needed a break from it all.
The test was given in two sessions. After the first session I was pretty confident that I tested well. After the second session, I was really bummed! It was very difficult. In fact, they asked some questions that I never even saw a hint of in the practice exams (and I probably did nearly 1,000 practice exam questions).
Alli met Kurt, Craig and me out for drinks. I wasn't very happy. I couldn't believe I studied all that time and now risk failing the test. I was disappointed in myself and pissed off at some of the questions they asked. I put my odds at about 40% passing and 60% failing.
Anyway, the results are finally in and...
I Passed!I found out by logging into the
CFA Institute web site while I as at work. I felt so relieved and all the guys I work with congratulated me.
Here is the breakdown of my results (as reported by the CFA Institute).
| Topic | Max Pts | <=50% | 51%-70% | >70% |
| Alternative Assets | 12 | - | * | - |
| Derivatives | 12 | - | - | * |
| Economics | 24 | - | * | - |
| Equity Analysis | 24 | - | - | * |
| Ethical & Professional Stnds. | 36 | - | - | * |
| Financial Statement Analysis | 68 | - | - | * |
| Fixed Income Analysis | 24 | - | - | * |
| General Portfolio Management | 12 | - | - | * |
| Quantitative Analysis | 28 | - | - | * |
They basically tell you if you passed or failed (they do not give you your overall score). It seems I could use some work on
Alternative Assets and
Economics. Fortunately, they were not big components of the test.