CFA CFA General How Many CFA Practice Exams Every Candidate Should Be Doing

How Many CFA Practice Exams Every Candidate Should Be Doing

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    • Avatar of Zee TanZee Tan
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        How Many CFA Practice Exams Every Candidate Should Be Doing

        Posted by Zee If you were anything like me, you may not be doing as many CFA practice exams as you should. If you’re a regular reader of 300 Hours, you’ll know that practice exams is a very important…

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      • Avatar of ReenaReena
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          @zee, great article, and thank you so much for this comprehensive guide on practice papers!

          It’s good to know what is the “norm” and how much practice is sufficient as no one else out there points this out to you at times.

        • Avatar of policedogpolicedog
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            I’m targeting 7…hope that works for me.

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            6 full sets @Zayd‌ I’m afraid, 6 morning and 6 afternoon papers, just like practicing for the real exams 6x. Fret not, we are coming up with a list of recommended practice papers for you to get by end of the month!

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            Where’s your 7 coming from @sidmenon, @policedog?

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            Wish I had the luxury of time like this. Being allowed the week off before the exam I guess, but somehow don’t think I’ll manage six/seven mocks in that time, nor would it probably be productive to do so.

          • Avatar of Zee TanZee Tan
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              @Jwa‌ L3 is a bit of an issue. In my experience reading the solutions sometimes don’t help, as you can’t really be sure that your answer isn’t wrong even if it doesn’t match the given answer. In the end as long as I was familiar with the topic and concepts tested by the question, I just moved on.

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              I know this is a major delayed reply but Option D….. 😛 … I’m doing Schweser and mock…

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              @rlestrange – There’s Elan and 7City as the other major providers. Check out our Reviews & Offers section for more info.

            • Avatar of DubinkaDubinka
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                Do you guys manage to review full mock (240 questions) the same day? I mean to check all wrong answers and understand them. as I’m normally doing this next day..

              • Avatar of policedogpolicedog
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                  6 Schweser. 1 CFAI mock.

                  Same @sidmenon!

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                  Are there other groups out there besides Schweser anyone would recommend?

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                  Welcome to the forum @rlestrange! Do you mean other prep providers?

                • Avatar of Zee TanZee Tan
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                    Do you guys manage to review full mock (240 questions) the same day? I mean to check all wrong answers and understand them. as I’m normally doing this next day..


                    @Dubinka
                    ‌ I usually do them the following day. It takes a lot of time, especially reviewing the problematic questions!

                  • Avatar of Zee TanZee Tan
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                      @Jwa‌ we are working on an article on tips to maximise the benefit from your available practice exams if you don’t have enough time to finish all of them. Stay tuned!

                    • Avatar of hairyfairyhairyfairy
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                        The pic just killed me. :))

                      • Avatar of SnippySnippy
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                          ^ I’m targeting 7 too.

                        • Avatar of SnippySnippy
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                            6 Schweser. 1 CFAI mock.

                          • Avatar of ZaydZayd
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                              @zee @sophie Is this saying 6 Full (Morning and Afternoon), or 6 sets of exams (3 Full)?

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                              @Zee I think it is particularly problematic for LIII candidates as it can take a huge amount of time to debrief written questions

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                              @rlestrange Elan

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                              @Dubinka‌ – normally I suggest doing the practice exam in 1 day (6 hours, just like the real one), leave checking and reviewing to the next day. By the time you’ve finished 6 hours of exam the brain is usually mushed up anyway, and in no state to absorb further knowledge. So yes, do the test 1 day, check/review the next day is a good mantra!

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