This blog is for me to record my struggle in taking the CFA Program. A large proportion of the students taking the CFA Program will fail. I am an IFA in Singapore but wish to remain anonymous for now.
I sat for the Level 1 examination in June 2009, Level 2 in June 2010 and Level 3 in June 2011. I passed all three levels on first attempts. The global passing rate was 46%, 39% and 51% respectively.
Monday, December 6, 2010
No calculation in LOS but EOC full of calculation?
Was studying Reading 22 – Allocating Shareholder Capital to Pension Plans. None of the LOSes require any computation nor calculation. Yet, the end of chapter is full of calculation. This is terrible. Can I trust the LOSes?
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