I don't know how, BUT I PASSED!
I found out on Wednesday that I passed Level 1. it was a little maddening, actually. I was en route to Phoenix, so was trying to log in from my blackberry from the PHL airport and sitting on the tarmack. When I landed, over 5.5 hours later, I STILL couldn't get on the site and realized that my password must be wrong (I figured it was an overload on the server in the morning).
So, I'm sitting on the bus that takes you to the rental car lot in Phoenix, when I finally got the news. Honestly, I don't know how they passed me. I got less than 50% correct for two different sections - one of them was bonds, so much for having that one in the bag because of my live-in tutor! I had been saying that if I did pass, it would be because I squeeked by. Anyone who is on the fence between passing and failing usually gest decided by the Ethics section - which is seems is the only section that I clearly had a handle on. The pass rate was 39% - yikes!
| Topic | <=50% | 51%-70% | >70% | ||
| Alternative Assets | - | * | - | ||
| Derivatives | * | - | - | ||
| Economics | - | * | - | ||
| Equity Analysis | - | * | - | ||
| Ethical & Professional Stnds. | - | - | * | ||
| Financial Statement Analysis | - | * | - | ||
| Fixed Income Analysis | * | - | - | ||
| General Portfolio Management | - | * | - | ||
| Quantitative Analysis | - | * | - |
I had said that I would sit for Level 2 if I passed..... haven't been very enthused at the thought of that since I found out I passed.... That's supposed to be the toughest of the three sections and I clearly didn't have a good handle on the material in level 1, which level 2 builds off....
Don't have much time to make a decision on this - If I am going to take it, I needed to start studying LAST WEEK ALREADY!
