(Original June 7) After came back from the Hilton hotel testing center, I went directly to Schnucks store, to get the Stella Artois beer, and 3 oranges. Why 3 oranges, because I saw 4 for $3. Apparently my mind is still stuck in the CFA exam: caculation on net income, cash flow blah blah blah. When I first saw the receipt shows $2.25 for 3 oranges, I laughed to myself: under normal circumstance I would just buy two for $1.50, much easier calculation. Anyway, if you came here looking for test specific things, I am afraid you will be disappointed 🙂
But I still like to write down some of my thoughts for the test and in general.
(Grading paper for CFA test, source: CFAInstitute).
1) More people attended the test than I thought
In the grand ballroom at Airport Hilton, I counted there are roughly 300 (14*2*12) people for level I and II candidates. Why so many people and what is the composition of test takers? I saw both new graduate, MBA students and professionals. I am the rare amateur. Let me quote the press release from CFAInstitute which shows growth of CFA candidates in year 2008 vs. year 2007: