Practicing IPS questions (Q Bank)

BTW, there are 3 downloadable practice exams from the CFA Institute if you haven’t done so already. These contain actual past questions, so they’re the best you can get (and free!). The sample answers are quite short and to the point.

@AJFinance let me know if this helps.

Yea, it’s good to simulate real exam conditions too. Will be on the look out if I sniff out any more extras. Rest assured I’ll let you and the rest of the Level 3’s out there know 🙂

Hi @Ajfinance, I came across this little guide by finquiz, have you seen it already?

http://www.finquiz.com/downloads/l3ss4los14.pdf

Hi guys..i do have some practice exams topic wise..leme know if u guys wana use them..i know i am a bit late but nevertheless

@AjFinance that is forever away in my books! I’ll be almost a year older, gone through a full stack of books and actually have time between the two exams to prove to my friends that I am actually alive.

Some acquaintance haven’t seen me in so long that they confuse my sisters for me.

We could use some. 🙂

Hi @Ajfinance, I used 6 Schweser practice papers and 1 CFAI mock when I did Level 3. You’re right that the CFAI books tend to have lengthy answers, and that’s not how you should write your answers in the exam (it should be short and sweet, bullet points).

Try a few IPS questions in Schweser and you’ll notice the trend/style of answering questions to the point. It doesn’t vary much, except the story of the individual circumstances, where you have to apply your knowledge here.

But it always asks about: return objective (adjusted), ability vs. willingness to take risk, time horizon, liquidity, regulation, individual circumstances.

The only providers I know which provide unbundled practice questions so far, besides the ones you’d mention, is Finquiz. I have not seen their practice questions personally so can’t comment on that.

I have reached out to a few providers to ask as well. Will revert on this asap early next week.

I also downloaded the exams I’m sure they’ll come in handy in some distant future =D

@Ajfinance, just so you know, I’m still hustling on this 🙂 I found 2 good sources with Level 3 practice papers, but asking them if they would sell separately to you guys, and more importantly, if they can give you guys a discount!

Tends to take time with big companies….

@Sophie Really appreciate your help on this. Would have “superliked” that comment if there was such an option 😉

@AJfinance fixed that for ya 🙂

LOL, thanks @AjFinance. I only just did notice that Level 3 gets less attention, which is annoying from a candidate’s perspective!

@Ajfinance – unfortunately my charm hasn’t exactly work on the providers this time. It’s just too much trouble for them to unbundle and sell their practice papers separately it seems.

However, there’s an additional Level 3 mock paper that is due for sale tomorrow (April 17th) onwards, from BSAS, it costs $149 from their website for an online version.

Level 1 and Level 2 practice papers are also for sale at the same price, for the rest who are interested.