CFA CFA Level 1 Does practice/mock exams “drill in” the knowledge you’ve been studying?

Does practice/mock exams “drill in” the knowledge you’ve been studying?

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    • Avatar of ZaydZayd
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        • CFA Level 1
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        Hello,

        Back again. I am curious if I will obtain all this knowledge I am studying more effectively when I take the practice exams. I am on study session 8, and reviewing the past 3 topics, it seems I’ve forgotten a few things (or at least how to apply what I learned). FYI, nothing is completely confusing to me, it’s just memorizing all the concepts etc. is a little challenging. Is this normal? I plan on doing about 6 practice exams and one mock as well as reviewing at the end of studying.

      • Avatar of Dr_Pain28Dr_Pain28
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          • CFA Level 2
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          Yes, very much so. Doing practice questions help you determine how well you know a particular topic. The practice mock exams let you see what a typical question will look like and give you an idea of which topics you need to review more. Doing mock exams is the best thing you can do really. When you review all the answers, it will teach you how to do the problems and show you were you went wrong. Right now reading through the material quickly is the most important thing, so you have more time to review, do practice questions and work through mock exams.

          You are definitely on a good pace right now, keep it up!

        • Avatar of Maroon5Maroon5
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            • CFA Level 1
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            Agree with @Dr_Pain28 here! There’s a reason why @Sophie recommends leaving the last month free for practice questions and last minute revisions – apparently we learn the most that month! 6 paper + 1 mock is a very good plan, so focus on studying the materials right now, your knowledge will ‘solidify’ in the last month of practice, don’t worry about it!

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            @zayd practice exams absolutely help drill in knowledge. By 6 practice exams, do you mean, 6 sets of AM and PM sessions (totalling 36 hours of exams) or 6 x 3 hour exams (totalling 18 hours of exams)?

          • Avatar of ZaydZayd
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              • CFA Level 1
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              Thanks for the comments! My plan is doing 6 * 6 & one full mock, overall 42 hours.

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              @zayd: definitely. Doing questions after doing any theory can be pretty eye opening. Memorizing a formula and actually applying it can be pretty different as I am sure you are aware of. It is easy to forget theory once you move on to another topic but doing the questions associated with a particular topic will, yeah drill is the word here, drill the theory into your brain (and create some pretty undesirable memories in the process lol)

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              I agree with everyone above. A lot of practice will also help you with those questions that require drawing on multiple concepts to complete a calculation (e.g. estimating inputs for the DDM later on in the curriculum)

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