LE Paper 1 in Jul 2005
The pass rate of Paper 1 held on 30 Jul 2005 was 58%.
Figures 1 and 2 show the distribution by scores of the
exam results and the overall topical correctness¹
achieved in the examination.
Figure 1. Exam results distribution for
Paper 1 - Jul 2005
Figure 2. Topical correctness for Paper 1 - Jul 2005
Table 1 below
shows the topical correctness rates of each topic in
2005.
|
|
Topic |
|
Month |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
|
Jan-05 |
0.73 |
0.71 |
0.71 |
0.71 |
0.77 |
0.70 |
0.55 |
0.62 |
0.66 |
|
Feb-05 |
0.72 |
0.67 |
0.75 |
0.59 |
0.81 |
0.91 |
0.58 |
0.72 |
0.83 |
|
Mar-05 |
0.82 |
0.61 |
0.64 |
0.59 |
0.59 |
0.79 |
0.49 |
0.67 |
0.63 |
|
Apr-05 |
0.76 |
0.65 |
0.70 |
0.65 |
0.75 |
0.86 |
0.59 |
0.71 |
0.65 |
|
May-05 |
0.68 |
0.64 |
0.69 |
0.65 |
0.73 |
0.76 |
0.53 |
0.72 |
0.64 |
|
Jun-05 |
0.70 |
0.66 |
0.65 |
0.79 |
0.76 |
0.79 |
0.57 |
0.59 |
0.69 |
|
Jul-05 |
0.68 |
0.61 |
0.70 |
0.75 |
0.64 |
0.86 |
0.62 |
0.66 |
0.78 |
|
Average |
0.73 |
0.65 |
0.69 |
0.68 |
0.72 |
0.81 |
0.56 |
0.67 |
0.70 |
|
Table 1. Topical correctness rates for Paper 1: Jan
2005 ¡V Jul 2005 |
As shown in Table 1, when compared with the
correctness rates of the previous month, candidates'
performance in Topic 9 (Market Misconduct, Improper
Trading Practices and Compliance) has improved
considerably, but the correctness rate of Topic 5
(Business Conduct and Client Relations) shows a marked
decline.
Table 2 shows
the subject areas in which candidates performed
unsatisfactorily in the Jul 2005 exam and the
topics/sections in the Study Manual which cover these
subject areas.
Unsatisfactory subject areas
|
Recommended topics/sections |
Topic
|
Section |
|
1 |
Functions of SFC¡¦s operational divisions |
1 |
3 |
|
2 |
Features of different forms of share capital |
2 |
2 |
|
3 |
Special requirements by the SFC under the FRR |
4 |
2 |
|
4 |
Participants of the exchanges and clearing houses |
7 |
2
4 |
|
Table 2. Unsatisfactory subject areas for Paper 1 ¡V
Jul 2005 |
Candidates are particularly advised to carefully
review subject area 2 "Features of different forms of
share capital" above and subject area 4 "Participants of
the exchanges and clearing houses" above in which
candidates also performed unsatisfactorily in the June
2005 exam.
LE Paper 2 in Jul 2005
The pass rate of LE Paper 2
held on 30 Jul 2005 was 41%. Figures 3 and 4 show the
distribution by scores of the exam results and the
overall topical correctness achieved in the examination.
Figure 3. Exam results distribution for Paper 2 - Jul
2005
Figure 4. Topical correctness for Paper 2 - Jul 2005
Table 3
below shows the topical correctness rates of each topic
in 2005.
|
|
Topic |
|
Month |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
|
Jan-05 |
0.50 |
0.69 |
0.69 |
0.60 |
0.59 |
0.65 |
0.67 |
|
Feb-05 |
0.54 |
0.75 |
0.74 |
0.71 |
0.54 |
0.54 |
0.72 |
|
Mar-05 |
0.60 |
0.67 |
0.81 |
0.73 |
0.39 |
0.74 |
0.56 |
|
Apr-05 |
0.66 |
0.54 |
0.76 |
0.67 |
0.69 |
0.77 |
0.70 |
|
May-05 |
0.66 |
0.67 |
0.80 |
0.71 |
0.43 |
0.75 |
0.68 |
|
Jun-05 |
0.59 |
0.68 |
0.80 |
0.71 |
0.63 |
0.77 |
0.68 |
|
Jul-05 |
0.58 |
0.71 |
0.77 |
0.65 |
0.60 |
0.63 |
0.50 |
|
Average |
0.59 |
0.67 |
0.77 |
0.68 |
0.55 |
0.69 |
0.64 |
|
Table 3. Topical correctness rates for Paper 2: Jan
2005 ¡V Jul 2005 |
As shown in Table 3, when compared with the
correctness rates of the previous month, candidates'
performance in both Topics 6 (Options and OTC
Derivatives) and 7 (Market Misconduct and Offences) saw
a marked decline. The correctness rates of the other 5
topics remain consistent.
Table 4 shows
the subject areas in which candidates performed
unsatisfactorily in the Jul 2005 exam and the
topics/sections in the Study Manual which cover these
subject areas.
Unsatisfactory subject areas
|
Recommended topics/sections |
Topic
|
Section |
|
1 |
|
5 |
4 |
|
2 |
Automated trading services |
5 |
7 |
|
3 |
False trading |
7 |
2 |
|
Table 4. Unsatisfactory subject areas for Paper 2 ¡V
Jul 2005 |
Candidates are particularly advised to review carefully
subject area 2 "Automated trading services" above in
which candidates also performed unsatisfactorily in the
June 2005 exam.
LE Paper 6 in Jul 2005
The pass rate of LE Paper 6
held on 17 Jul 2005 was 62%, which is the highest to
date. Figures 5 and 6 show the distribution by scores of
the exam results and the overall topical correctness
achieved in the examination.
Figure 5. Exam results distribution for
Paper 6 - Jul 2005
Figure 6. Topical correctness for Paper 6 - Jul 2005
Table 5
below shows the topical correctness rates of each topic
in 2005.
