@prosper0
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Up6
So, which is it?
Up5Yeah actually, I’d be also curious – I have set tomorrow for that.
On a similar note – I remember that CFAI mock test for Level 1 had some overlap with individual practice questions also in the Candidate resources section on the CFAI website. Is it the same case for Level 2?
I am asking because I took quite a few of those practice questions for L2 this year…
Up4Yay, 78 and 67 from the CFAI mock today, so 72,5 overall! Better than i expected to be honest:).
Up3Is it possible to purchase the Wiley/Elan level 2 mock separately? So far, it doesn’t look like it.
Up375% on 3 full Schwesers + 66% on Wiley. Wiley was tough, but also, I was caught completely offguard by some ptf management questions + it didn’t load picture with interest rate trees in the vignettes at all.
Overall, it’s not too bad, but not ideal either and I’ll definitely spend the week ironing out the weak areas. I’ll also do the CFAI mock this week.
@Stuj79 That’s definitely impressive!
@RoyD To answer your question, if you have Schweser, I would definitely look into the performance tracker to see your weak spots.
Up3Nobody to chip in with their views?
Up31) People who used Schweser exclusively seem to have ran into trouble. CFAI official is very dense and often hard to read but if you are planning that much time to study, I would use it and complement with Schweser.
Again, with that much time to prepare, devise a diligent routine of recap for material rentetion, otherwise a large portion of your prep time will be in vain. A lot of the stuff is technically complex and so easy to forget unless you practice often.
2) Dont focus on the hours, focus on the understanding and progress through the material. Make sure you dont go into mocks and especially into the exam without mastering the essential and complex issues of each chapter.
Up2Wow, that’s impressive! I am only at half of book 6 and I intentionally left Ethics and FRA for the end and also only do Schweser EOC questions with some delay (to boost retention).
I’ll have to cram all of my review and mock exams into may.
Up2How many actual practice exams do you have available?
Up2Good luck to everyone! LET’S DO THIS!!!
Up2Guys, had to say I was fortunate to score less 70% in only two sections – Corporate Finance (lolwut?) and Portfolio management. I totally bombed Portfolio management.
Up2Yeah, I feel ok. Not perfect, obviously one can never be sure about AM. I breezed through PM in 2hrs.
By the way, it’s way more active at *cough cough* this other forum about CFA if you want to discuss the exams and everything related… (sorry admins of 300 and many thanks for your blogging!).
Up1Right, so it is there…Ok, I guess i didn’t note it down or pay too much attention to it. Thanks, though!
Up1-monetary/non-monetary: what @Arbitrageur ; said. it’s anything that is clearly defined in terms of money. That means current assets excl.inventory (because invetory has to be valued, so it’s not a monetary asset). Monetary liabilities are I think always all liabilities… I don’t I came across a vignette where there would be non-monetary liabilities.
-distinction between operating/non-operating is important in the context of Private company valuation. Intuitively, those are assets that aren’t used in generation of the cashflow that drives the value of the company. They are extra. They should be explicitly described in the item set – Kaplan says to look for terms like “excess cash” or “land held for investments”. I would generilize land to all property held for investment instead of operation.
Up0Yep,lets do this!
Personally,i am going through cfai ebooks (book2 on my belt) for the time being and i am thinking about how to complement them. Last year, combo of mocks from cfai, Kaplan and Wiley really worked for me I guess. Question is how these products work for the am session. I would be interested in a product that tries to mimics the cfai grading process – probably online mock might work,if that exists…
