AFM was a tough cookie this time around, with 40% of sitters saying they had a disaster. FM was deemed ‘hard’ by over half those voting in the instant poll.
FM
June’s exam was “way too difficult,” according to one sitter! Another PQ was annoyed by the section B and the questions on bond valuation, FX rates, and the rest!
In the Open Tuition Instant Poll just under a third (30%) of sitters said the exam was ‘OK’. For 53% is was a ‘hard’ test and for another 12% the June sitting was a ‘disaster’.
AFM
‘Brutal’ was in more than one description of this exam! Sitters struggled with what they described as the chaotic nature of the NPV question. This was a challenging paper for many.
Time is always an issue in this exam and June was no different, as one student explained: “Time is never on my side”.
In the Open Tuition Instant Poll just 25% of sitters said the exam was ‘OK’, with less than 1% saying it was easy. A whopping 40% said the exam was a ‘disaster’ and another 34% felt it was ‘hard’.
