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Ronny

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Active 11 years ago
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  • June 19, 2013 at 9:19 pm #132987
    mysteryRonny
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    After 4 years hard work and first time passes (including 77% in F9 – such false hope that paper turn out to be), I made the worst decision picking this paper and seeing months of revision go to waste with each exam sitting….

    The smartest descision I have made was ordering the P5 materials this week…. 🙂 Finally qualification seems likely in December, and my focus can turn to resurrecting my future study plans/career/life….

    Every cloud has a silver lining though.. A close friend studying the CFA lent me some books before the exam as extra material, however I didn’t utilise such books as I wanted to stick to the study texts. After some casual reading and questions in the past fortnight, it would appear I am well prepared for the Derivative and Alternative Investments section of the paper. Once again, something clearly wrong with this paper.

    CFA Level 1 June 2014 anyone?

    Good luck with this sitting to anyone in December! Goodbye P4, you won!

    June 6, 2013 at 11:29 am #129688
    mysteryRonny
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    Nobody expects any of the P papers to be a free ticket however this P4 paper is on such a different level to any other exam. Papers like P2, for example, require a lot of technical knowledge to pass and rightly so. Nobody would want a qualification that was deemed easy. Good preparation and exam practice will mean a good pass. However the P4 examination just takes everything to a new level. No matter how many past papers you do or well prepared you feel for this paper, the exam just seems to knock that out of you.

    I went into this paper with first time passes in all exams. Fairly strong first time passes as well. I am now likely to be sitting this paper for the 3rd attempt come December. My level of revision has been more for this paper than any others. If this paper is a ‘fair’ paper, there all the other exams must have been too easy.

    I actually showed a friend who was doing CFA level 2 some of the past paper questions, and he was amazed at the level of difficulty in the paper.

    I don’t know how to approach a third sitting to get a pass here. There was once a time I was so excited about becoming fully qualified. That excitement has gone. I just want it over with. More gutted that the final hurdle has taken 3+ times.

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