FAQ Before Exam Should I sit for both parts on the same day?

[ucaksbu]

The way I see it as long as you pass Part 1, you are placing a good bet on Part 2. All you have to lose is the exam fee.

When yo say pass rate of 5% I assume that is to pass both exams. How many who take both pass Part 1 and not Part 2?

Exactly, that's what I'm thinking as well - and the level 1 is in the morning as far as I know so there should be no negative impact of "being worn out" at least for level 1 as a result of the 8 hour exam day. As for the pass rate, I don't know, I read it somewhere, cannot recall where. Very well possible that a lot of those 5% still pass the level 1. I'm also thinking that this number will be quite unrepresentative of my actual chances of doing it, as many people trying both levels the same day might be people who think "this is a piece of cake" and actually try to take the exams with maybe only a few months of prep (whereas I started prepping in January and am solely doing this because the exam was moved)

 

[Sjegathe]

Hello, I am wondering whether anyone could shed some light in to doing both FRM1 and 2 on the same day? Having said that I have cleared the CFA and presently a CFA charter holder, I've completed my studying for FRM 1&2, but I am not finding the curriculum hard, is there something i am missing in here? My background is that i am a mathematics Major from a reputable university. What are the challenges merely from an exam perspective of doing both on the same day, for eg: mental challenge. I know CFA exams are 6 hours and FRM 1& 2 add up to 8 hours. I personally found the CFA3 essay hard, i thought producing an answer in a clear and concise manner was hard given the time crunch. Given the increased FRM level 2 offerings next year, i am tempted to take the additional risk on attempting both at once. If someone advises against it, please let me know of the reasons. I am aware that pass rate of candidates taking both 1&2 are somewhere around 10% . I apologize if this is not the correct thread. Thanks in advance.

 

[Nicole Seaman]

Hello, I am wondering whether anyone could shed some light in to doing both FRM1 and 2 on the same day? Having said that I have cleared the CFA and presently a CFA charter holder, I've completed my studying for FRM 1&2, but I am not finding the curriculum hard, is there something i am missing in here? My background is that i am a mathematics Major from a reputable university. What are the challenges merely from an exam perspective of doing both on the same day, for eg: mental challenge. I know CFA exams are 6 hours and FRM 1& 2 add up to 8 hours. I personally found the CFA3 essay hard, i thought producing an answer in a clear and concise manner was hard given the time crunch. Given the increased FRM level 2 offerings next year, i am tempted to take the additional risk on attempting both at once. If someone advises against it, please let me know of the reasons. I am aware that pass rate of candidates taking both 1&2 are somewhere around 10% . I apologize if this is not the correct thread. Thanks in advance.

Hello @Sjegathe

I moved your post here, where there is already a discussion started regarding taking both parts on the same day.