How were the FM & AFM exams? Here’s what sitters told us…
FM
Not the worst ever FM exam, yet one sitter felt it wasn’t the nicest of paper either: “I found section B particularly hard, Section C I just had standard NPV and working capital ratios, which surprised me!”
In the Open Tuition Instant Poll some 6% said the exam was easy and another 46% felt it was OK. That meant just 12% called it a disaster.
AFM
“AFM is no joke,” is how one sitter put it! Another sitter agreed: “Worst paper I have ever done.”
Hedging, mergers and ACQ, and some ratio analysis was the test for some.
In the Open Tuition Instant Poll some 32% of sitters voted the exam a disaster, with another 41% saying it was hard. Just 23% said the exam was OK.
