LE Paper 1 in Aug 2005
The pass rate of Paper 1 held on 27 Aug 2005 was 57%.
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 - Aug 2005
Figure 2. Topical correctness for Paper 1 - Aug 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 |
|
Aug-05 |
0.63 |
0.63 |
0.76 |
0.63 |
0.80 |
0.84 |
0.53 |
0.71 |
0.71 |
|
Average |
0.72 |
0.65 |
0.70 |
0.67 |
0.73 |
0.81 |
0.56 |
0.68 |
0.70 |
|
Table 1. Topical correctness rates for Paper 1: Jan
2005 - Aug 2005 |
As shown in Table 1, when compared with the
correctness rates of the previous month, candidates'
performance in Topic 5 (Business Conduct and Client
Relations) shows a noticeable improvement while
candidates' performance in Topic 4 (Licensing and
Subsidiary Legislation) shows a marked decline.
Candidates' performance in Topic 7 (Securities, Options
and Futures), on average, remains the weakest among the
9 topics in LE Paper 1.
Table 2 shows
the subject areas in which candidates performed
unsatisfactorily in the Aug 2005 exam and the
topics/sections in the Study Manual which cover these
subject areas.
Unsatisfactory subject areas
|
Recommended topics/sections |
Topic
|
Section |
|
1 |
Features of different forms of share capital |
2 |
2 |
|
2 |
Exclusions from regulated activities |
4 |
1 |
|
3 |
Participants of the exchanges and clearing houses |
7 |
2 |
|
Table 2. Unsatisfactory subject areas for Paper 1 -
Aug 2005 |
Candidates should take note that subject areas 1
"Features of different forms of share capital" and 3
"Participants of the exchanges and clearing houses"
listed above were also classified as unsatisfactory
subject areas in both the June and July 2005 exams and
are advised to pay special attention to these two
subject areas.
LE Paper 2 in Aug 2005
The pass rate of LE Paper 2
held on 27 Aug 2005 was 54%. 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 - Aug
2005
Figure 4. Topical correctness for Paper 2 -
Aug 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 |
|
Aug-05 |
0.62 |
0.71 |
0.74 |
0.67 |
0.63 |
0.76 |
0.60 |
|
Average |
0.59 |
0.68 |
0.76 |
0.68 |
0.56 |
0.70 |
0.64 |
|
Table 3. Topical correctness rates for Paper 2: Jan
2005 - Aug 2005 |
As indicated in Table 3, the two topics in which
candidates performed unsatisfactorily in the July 2005
exam, Topics 6 (Options and OTC Derivatives) and 7
(Market Misconduct and Offences), show much improved
correctness rates this month.
Table 4 shows
the subject areas in which candidates performed
unsatisfactorily in the Aug 2005 exam and the
topics/sections in the Study Manual which cover these
subject areas.
Unsatisfactory subject areas
|
Recommended topics/sections |
Topic
|
Section |
|
1 |
|
2
7 |
7
1 |
|
2 |
|
