CFA CFA Level 2 How are everyone’s practice exams going?

How are everyone’s practice exams going?

  • This topic has 20 replies, 8 voices, and was last updated Oct-17 by Phil.
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    • Phil
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      I’ve sat two, and I got 62.5% in both. Need to up my game, but marginal marks seem hard to pick up…

      I need to do more practice questions. Thinking of buying the Alan testbank for my android tablet.

    • curlylocks88
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      Are they the CFA mocks of schweser ones? We still have time so I think that is a good score for now. 3 weeks to improve by 10-15% 🙂

      I have done 3 full schweser ones and got 57 (2 weeks ago) , 62 (last week) and 67 yesterday… was happy with the 67 yesterday. Taking a week off work before the exam too which will really help.
      Reviewing the mocks really helps me learn a lot too.

    • Sophie Macon
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      Excellent work @curlylocks88 @Phil‌ – yes the more you do (especially under timed condition) the better, as your score should improve.

      For Level 2 – I suggest looking at these mocks as well for diversity:

      – Elan – 2 mock test for $117 (includes 10% off using the code “30010146”)
      – Fitch / 300 Hours Level 2 mock test $50

      Don’t forget CFAI mock too 🙂

    • Jim
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      I’ve only finished two full Schweser Mocks. 66 on the first, 74 on the second. Going to revisit the EOCs inn CFAI books and try to remember all the stuff I’ve forgotten! It still terrifies me that so much of this is the luck of the draw with respect to your (hopefully) strong areas appearing on the exam.

    • hairyfairy
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      It’s going ok – I’m getting them done but my scores are pretty crap at the moment, about the range of 60-70. 🙁

    • Phil
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      Did the schweser mock where you go along for exam conditions. Got 69%. Better, but still too low.

    • Chevalier
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      I did 4, range is from 72 – 77%. I also did 1400 Q-Bank questions so far and have an average of ~76%. Only thing that makes me nervous is, that some areas are really volatile and that I’m kinda not improving any more.

    • mattyc
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      Finally caught up last week and took my first practice test (Schweser Vol 1 Exam 2) and got a 60%. I wasnt expecting much on my first run so I studied some weak areas and took another full mock exam yesterday (Schweser Vol. 1 Exam 3) and got a 74%. The 74% actually made me question the diffculty of this mock. I want to know if anyone else that took that particular Schweser exam found it easier than normal?

    • Chevalier
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      well, for me the level of difficulty was 1 > 3,4 > 2

      I think it has a lot to do with the topic weightings, as they differ throughout the exams. My scores were closer together though.

    • Phil
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      Just did the CFAI morning mock (LaCompte ethics question version). Got 73%. That’s a lot better. But wow the economics section was borderline impossible. I struggle so bad with exchange rates.

    • Chevalier
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      I found the CFAI Mock much harder than the Schweser ones. (Did LaCompte morning and evening). I missunderstood a couple of questions and got a 72 overall. I am a bit worried though. My final level 1 Mocks were around 80.

    • Phil
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      Did the afternoon and also got 73%. My finals for level 1 were also 80. Still got a bit over a week, and will do 1 more mock.

    • curlylocks88
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      I got 72 on the cfa mock… can’t believe you were both getting 80s before Level 1… I barely got 70 on any of the mocks and passed first time…

    • Chevalier
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      I will do 4 more… I feel aside from Mocks and memorizing formulas all over again, there is not much to do left

    • curlylocks88
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      I just ot an awful score on schweser exam 1, book 2… 59.. how can I get 72 in cfa mock but 59 in schweser?!

    • Phil
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      Did another mock. Got 70. I’m just hoping the pass mark is closer to 60 than 70…

    • Chevalier
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      I got totally ripped apart by exam 3 book 2. Not the best confidence boost one week to exam 🙂

    • Phil
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      Did the afternoon mock for the morning one (where I got 70%).

      I got 87%! This much variance is frightening (although good on the upside…)

      Clear areas to work on:
      – Economics (particularly the growth accounting and exchange rates)
      – Time series
      – Anything in equity involving dividend yield. I had no idea it was even used for anything, but the afternoon mock (Version 2 of CFA) had a few questions on it.

      Good news is I put lots of effort into valuing swaps and dominated every single question. Now I’m hoping for one in the exam.

    • CFAcharterwannabe
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      @Phil at level 1? That’s a real good score.

    • Phil
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      Nah, 87 for a level 2 one. Just did the matching afternoon one and got 70 though. So my scores are a bit all over the place.

    • Phil
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      Getting 80% now (not under test conditions). Pretty happy. Let’s just hope there’s not too much on PM in the exam…

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