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

How Many CFA Practice Exams Every Candidate Should Be Doing

  • This topic has 21 replies, 12 voices, and was last updated Oct-17 by Zee Tan.
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    • Zee 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…

      Read the full story here

    • Reena
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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.

    • hairyfairy
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      The pic just killed me. :))

    • policedog
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      I’m targeting 7…hope that works for me.

    • Snippy
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      ^ I’m targeting 7 too.

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

    • Snippy
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      6 Schweser. 1 CFAI mock.

    • policedog
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      6 Schweser. 1 CFAI mock.

      Same @sidmenon!

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

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

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

    • Alta12
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    • Sophie Macon
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      @rlestrange – There’s Elan and 7City as the other major providers. Check out our Reviews & Offers section for more info.

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

    • Sophie Macon
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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!

    • Dubinka
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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..

    • Sophie Macon
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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!

    • Jwa
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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.

    • Zee 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!

    • Zee 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!

    • Jwa
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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

    • Zee 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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