CFA CFA Level 1 minimum acceptable grad on practicing Q bank ?

minimum acceptable grad on practicing Q bank ?

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    • Nedo
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      Hi all ..

      what is the minimum acceptable grad on practicing Schweser Q bank ?

    • FinancialExamAcademy
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      Hi,

      There isn’t really a minimum acceptable grade for two reasons. 1) the CFA Institute does not publish the exact % needed to pass the test and 2) there is no guarantee that the Schweser Q bank questions are exactly as difficult as the questions on the actual exam.

      I wouldn’t focus too much on the absolute level, or comparing with other people’s scores (it will drive you crazy). Instead I would use the scores to identify the areas of the curriculum that you score the lowest and go back and do more end of chapter questions and really focus on revising and understanding why you answer some the questions incorrectly. If you continue this process for the next two weeks targeting your weakest areas, it is arguably the fastest way to identify your blind spots and improve your overall grade (irrespective your starting point at this stage).

      Don’t beat yourself up if your scores are not great at this stage. You have still got nearly two weeks, and targeted revision can make all the difference.

    • fabian
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      @Nedo‌ Agree with @FinancialExamAcademy‌ – don’t focus on comparing, try and bring your score up as high as you can.

    • Nedo
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      am planning to attend Jun 2015 exam and making the practice Q after each book.

      thanks 🙂

    • FinancialExamAcademy
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      The end of chapter questions are pretty good too. I used to do the end of chapter questions for each reading and collate a list of all of the questions that I found difficult and/or answered incorrectly while reading the curriculum.
      Then I would revise only those questions on the “difficult list” and redo them until I was able to answer all of the end of chapter questions correctly (and more importantly understood the reason for the answers).
      This same list of difficult questions from each reading was super helpful in the final month when revising for the test, as it helped me focus my attention on revising the questions that I found the most difficult.

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