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Up5
I just wrapped up my first mock (only 1 session, 60 questions). It was Schwesers Exam 1 AM. I scored a 73% although my timing was at 234 minutes; almost a full hour of overage. I am concerned because I have NEVER gone over on any CFA exam/mock thus far including level one obviously.
Is this normal? Or do I have cause to be concerned?
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Up5
I wouldn’t be too concerned this far out from the exam. It’s a good mark which is the most important thing…the timing is something that you can work on. And in fact, as you get used to the item set format you’ll naturally just speed up anyway and find it easier to pick out the relevant info for the question at hand. It’s a skill in itself.
So yeah, don’t worry to much, but do be aware that over a few weeks of hammering out more mocks you should be eating away at the time it takes….just make sure the “time taken” curve is sloping downward in the long term.
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Up5
Hey there! I gave the MS of Schweser too. Finished in 2 hours, but that was more so because I barely remembered anything. Score was terrible too (<50%). Getting jittery now. Derivatives was a mess. I am on my second reading – Finished FRA, Equity and FI. Any suggestion on how I should strategize? I understand I should tackle more questions, but I am unable to recall much.
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Up5
This is definitely a concern because you are on the edge. I think the problem might be that you have practiced some section pretty well, while in others you might be excelling. So, its really important for you to prepare each and every section well enough to clear the exam. There are many online learning tools available, you can try prepsmarter.com for now . It would help you make a grip on each topic . Well, it helped me a lot .
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Up5
You guys should check out http://www.konvexity.com – I have read numerous posts claiming that their tests made a big difference. Here is the link for Level II – http://www.konvexity.com/cfa-exam/cfa-level-ii/combo-cfa-level-ii – apologies, I couldn’t get it to enter as a hyper link. They are based in India so that’s why you not have heard of them.
http://www.konvexity.com is their main site.
Their seems pretty fair instead of pay $300 for certain bigs that I feel might be too easy, that is up for debate but the fact that it’s even up for debate worries me. For $45 not only do you get 3 Full QUALITY Mock Exams, you also get an additional 30 item set based questions! Now that’s a deal. I don’t work for them and don’t benefit by referring, I just believe that it’s good to karma to share vital information with other and I have been reading so many posts on how iffy people feel about you know who’s mock exams. Whoever gets them, can you please reply with your opinion, I have heard very good things about them. Good Luck and I look forward to hearing back from you guys on what you think of their mocks and questions – Allan
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Up4
Adaptprep.com actually has a rather good question bank as well. All their questions are item sets so theoretically you can put together more mocks but I cannot recall if their question bank allows you to weight topics differently to simulate a real exam. they have great explanations though on the answers and some video feedback too. They are doing well over there.
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Up4
@googs1484 How I envy your status right now – I wish I could borrow some of your time 😉 But thanks for the info on the other sources – I will definitely take a look.
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Up3
Will do! Thanks.
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Up2
I just finished the Level II AM mock from CFAI. Scored a 65%, which I feel pretty good about. I just finished the readings today. Lots of concepts were a bit fuzzy from having studied them months ago.
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Up1
@Ankita you hit the nail on the head. Of course you need to read the material first. But then a lot (thousands) of practice questions are the biggie. Recollection is the struggle for many I think. Finally getting through material and remembering how well you knew everything as you went through it. But then you take a practice paper and draw all blanks and freak out thinking how screwed you are. I’d just take a deep breath, keep practicing and it’ll start to click. Whenever I get an answer incorrect I look at it as a good thing because it’s something I obviously didn’t learn or recall correctly and that I now will get correct if asked on the real test. So dont give up!
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Up1
You should review your notes (or condensed 3rd party notes). have flashcards for key equations and concepts you can hammer those endlessly, and do LOTS of practice problems. In both mocks and EOC questions, circle the ones you got wrong or were challenging/key, and come back to those every few weeks. It may feel repetitive but it’s actually quite a helpful anchoring system to laser in on problem areas. And you may find the first 2-3 times that you sort of remember what to do but not really which can spur concepts to stick in your head
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Up1
That’s a good score @wink_12 especially if it’s your first mock session. Did you finish on time? I have only taken Schweser mocks this far. First one I didn’t hold myself to 3 hours. Took me almost 4 hrs in full disclosure and scored a 74. The second half I forced myself to get through on time and got a 68. I’ve taken 3 more mock sessions since then and I’m doing much better. I won’t say my score unless asked but definitely improving after getting accustomed to this new format.
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Up1
Hey there! got a 68% in my AM exam from the second Schweser – its a big jump from the 50s I was getting in my first exam, but I just felt the exam was a lot easier, and the questions were essentially from topics I knew lol. I am done with all my readings and its all about practice practice practice now. I really want to crack the exam this time around (by hook or crook). Also, I am just taking one exam a week, and maybe I should take 2 per week to help retain more stuff? How is everyone handling this, working FT? Also, wondering if I should try exams from other third parties like Wiley?
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Up1
@ankita glad to hear from and see your improving! 68% is good, now just improve on that by a point or 2 each mock and your golden. I am in a dilemma similarly as you. I have 7 Schweser mocks total, 1 CFAI provides (full 2 part session), which puts me at having a 8 FULL mock exams. I have already taken 3 FULL mocks. I would like to take 2 mocks a week but I will not have enough to do that. I feel like I finished my studying too quickly and now I just need to hold long enough and retain everything for the next 43 days. I wish I had more mocks to do in the meantime….I burned through the entire qbank as well.
300hours has a mock from BPP posted some time ago http://www.300hours.com/a-free-practice-test-for-all-cfa-level-ii-readers/#.VxkwH00UWih
Other than that I guess I will just have to pace everything just right with what I got. Windsor Week gives me another mock I believe but not sure.
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Up1googs1484 said:Adaptprep.com actually has a rather good question bank as well. All their questions are item sets so theoretically you can put together more mocks but I cannot recall if their question bank allows you to weight topics differently to simulate a real exam. they have great explanations though on the answers and some video feedback too. They are doing well over there.
Our exam is weighted like the actual exam automatically. You can see the weight by topic after you complete the exam so you can verify it yourself.
Thanks @googs1484 for the great feedback!
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Up0
@pauladaptprep could answer that…..
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Up0
As a free mock you can take this free contest for CFA exam. Here is the link to participate https://prepsmarter.com/contests/.
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