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Started By
Message
re: The butthurt is Strong: CFA L1 Failure is Super Salty
Posted on 8/24/16 at 2:08 pm to BearsFan
Posted on 8/24/16 at 2:08 pm to BearsFan
quote:
There are serious repercussions to failing the bar, any portion of the three parts of the USMLE exams, or medical specialty boards.
Please tell me about the repercussions that are greater than having to start back at the beginning. I might have dated info, but you can take the LA Bar 6 times and qualify with partial passes. There is none of that nonsense with the CFA.
quote:
For the bar,(granted I have never taken it) it is my understanding that many people lose their jobs over one or two failed attempts.
The assumption that you can just fail tests multiple times in other fields and have no problems is simply not true.
The same thing is often true of financial exams. I'm thinking this guy got canned for failing.
quote:
The assumption that you can just fail tests multiple times in other fields and have no problems is simply not true.
I know a lot of people that failed the bar, passed later, and still have the exact same law license as any other lawyer. If you had read the article (or carefully read my statement), you would have seen where I was going with that, but I see how my wording could be confusing.
2
Posted on 8/25/16 at 10:57 am to TheHiddenFlask
quote:
I might have dated info, but you can take the LA Bar 6 times and qualify with partial passes.
That's dated information. There is no longer "conditioning." If you fail, you fail the whole thing. While the exam is still 9 sections, it is no longer really graded as 9 separate sections any more since you can't condition. 5 times is the max to take it. Pass rates fell dramatically when they went to this system. My wife's year was 53% for the July exam in 2013.
But yes, you are right, once you pass it you have the same license as every one else.
This post was edited on 8/25/16 at 11:00 am
Posted on 8/25/16 at 4:10 pm to TheHiddenFlask
quote:
Please tell me about the repercussions that are greater than having to start back at the beginning. I might have dated info, but you can take the LA Bar 6 times and qualify with partial passes. There is none of that nonsense with the CFA.
"Partial pass", or conditioning, went the way of the Dodo in Louisiana about a half decade ago. It's all or nothing when taking the Bar now. If you fail, you have to wait about six months and take the whole thing over.
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