CFA CFA Level 2 Order of questions in CFA Level I Exam?

Order of questions in CFA Level I Exam?

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  • CFAlevel1candidate
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    Hey guys,

    I thought I would put this question in CFA Level II since I want it read by people who already took the CFA Level I exam.

    I was wondering if the questions, in the actual CFA Level I exam you took, were ordered in any particular way? Were they ordered in the same order as the CFA Institute Books (Ethics, Quant, Econ, FRA, etc…) for each session (morning and afternoon)?
    Or were they in complete disorder?

    Thank you,

    CFALevelICandidate!

    CFAlevel1candidate
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    I believe this question isn’t in violation of the CFA program, at least from what I’ve read/understood from the Ethics part.

    I am not asking about any actual exam question or subject matter covered or not in the exam. I am simply asking if there is a particular order of the questions in the exam, since there is an order in the CFA Institute books.

    If I somehow am violating the CFA program rules when asking this question, I didn’t mean to.

    Please answer.

    Sophie Macon
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    complete disorder I’d say, not that it should matter!

    CFAlevel1candidate
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    You’d say or are you sure? Did you take CFA level I?

    RaviVooda
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    @CFAlevel1candidate certainly there is no specific order. But usually it will be in same order in the afternoon session similar to morning 🙂 But I remember when I wrote there were in the same order as (Ethics, Quant, Econ, FRA, etc…) . Anyhow it should not matter, because what you think belongs to Equity has a good chance of showing up in FRA section. The exam can always surprise you.

    Sophie Macon
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    Yes @CFAlevel1candidate. I did Level 1, Level 2 and Level 3 a few years ago 😉

    CFAlevel1candidate
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    Sophie, the reason why I am asking this on this forum is because I have a couple friends who, like you, have passed all 3 CFA levels. However, like you, they can’t remember exactly what happened in CFA level 1 since it was a couple years ago and that they did CFA Level 2 and 3 since and have been working since… One of them swears he remembers the questions were in the exact same order as the CFA books, that it started with question on Ethics, then Quant, then Econ, etc…

    Now, I see that RaviVooda claims the same thing (if I understood well): “when I wrote there were in the same order as (Ethics, Quant, Econ, FRA, etc…)”.

    That is why I would like to get the answer from someone who is currently studying for CFA Level 2: Someone who took the CFA Level 1 in June 2013 would be perfect. Their memory of the order of the questions should be the most accurate.

    Of course this could seem only like a small detail when taking the test. I feel that it would be very helpful to know the order before for many reasons whilst taking the test.

    Sophie Macon
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    No worries @Cfalevel1candidate. It’s just that I’m not sure why it matters? Trying to understand the rationale here. You should be prepared in exams for all topics ideally, order of what’s being asked shouldn’t matter.

    CFAlevel1candidate
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    Yes I believe I am already almost ready. I just think it would make it more practical for me since I have learned all the formulas by heart in the same order as presented in the CFA Institute books and that if the exam is in the same order I will know when it switches to a new topic. I will then know for sure what formulas will not be asked on the exam anymore…
    I thought it was understood without saying.

    Sophie Macon
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    Ah I see where you’re coming from, @CFAlevel1candidate. Makes more sense now.

    Not really – everyone prepares differently and it’s refreshing to see new perspectives/approaches. Good luck!

    Swift
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    The questions are arranged by broad topic area in a very similar order to the curriculum (I vaguely remember one difference though). So ethics first then quant etc. The subtopics within each topic will be all mixed together in a random order though.

    I know some people like going to the topics that they feel more comfortable with or are quickest at first and then come back to the other sections. Just need to make sure you fill in the bubble sheet correctly if you take this approach…

    Dr_Pain28
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    I’m with swift, the exam is ordered by major topic section with the questions in each section being random. I didn’t read the CFAI books so i’m not sure of their order, but the schwesser books had one section out of order from the exam. But you will know for sure which section you are currently on, they make that part very clear.

    CFAlevel1candidate
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    That’s great! Thank you very much everybody! That makes me a lot less stressed…

    shreeneewas
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    You’d say or are you sure? Did you take CFA level I?

    .. and you decided to ask that question to @Sophie 😀

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