CFA CFA Level 2 What is the best test bank for Level 2 Prep?

What is the best test bank for Level 2 Prep?

  • This topic has 5 replies, 5 voices, and was last updated Dec-17 by GreyWolf.
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    • toeknee9121
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      I sadly failed the L2 and used Kaplan and CFAI material. That is not to say that Kaplan is at fault here. I blame myself and my traveling job which had me on the road more than usual 😉

      Regardless, I found that the Kaplan material often over or under emphasized topics in their notes. Additionally, the test bank was a joke. Most questions were in a L1 format.

      What test bank should I use for this go around?

      -Tony

    • Zee Tan
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      Sorry to hear that @toeknee9121‌! 

      I used Kaplan for L2 (that was the only time I used test bank) and it worked for me. 
      Don’t think that many providers offer full test banks for L2. Fitch is the only other that comes to mind.

    • Sophie Macon
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      Argh @toeknee9121‌, sorry to hear that… but good to hear you’re not giving up! L2 is the toughest, in my opinion. Test bank? I just did 7-8 sets of timed practice papers with end of chapter questions the last time – perhaps a good strategy to go for is the diversify the practice papers amongst Kaplan, Elan, Fitch and CFAI mock? That should give a good base to cover all sorts of question styles.

    • toeknee9121
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      @Zee it may be a user error issue considering I ordered my material late in Feb and traveled most of March. Maybe I will give kaplan another go and take @Sophie‌’s suggestion and diversify my practice papers. Thank you both for the info.


    • mfreema2
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      Sorry to hear, but do understand that your odds of passing are higher so long as you slog through the material again. I had the same experience for L2.  I did a lot of Schweser QBank and saved the mocks till the end the first time round. Problem is that you run out of time. 

      Here’s what I did this year to get the pass: CFAI questions got first priority, start early. Then Elan, then the prior year CFAI mocks and those CFAI assessments. I did the Schweser EOC Q’s as well, but since I already saw them I put them last in line. The only time I did Schweser QBank was for when I was going to be at kids practice or something. You can do them on the plane. In the last three months, I hit the mocks hard and bought FinQiuz mocks and item set Q’s to supplement.  Those are brutal, but if you’ve studied you will appreciate the extra difficulty.  Repeat the mocks a few times, this is something I believe in–you will gain confidence and absorb the concepts.

      The only other thing I’ll mention is the DIY flash cards. Those are critical.

      Good luck!

    • GreyWolf
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      Hello!
      I had the same problem. I think that Schweser books are really good but I had the feeling that QBank and the practice exams are easier than the exams. I’ve always made aroung 70-75% of correct answers both in the QBank and in the practice exams (I did 3 of them…always finished around 30 minutes ealier) but last 7th June I was almost crying!! I would like to try again but I need to find a provider of more difficult questions… Can someone help me?
      Thank you!!

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