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They are available for L1 and L2 as well. 

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Try here.

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Farooq said:

Pass rates and difficulty level wise it may even be above US bachelors 😉 

Not to put anyone down but its funny how the US/Western education system(s) is viewed in Pakistan and for the most part in other frontier market countries. @Farooq‌ I guess, you would find CFA (which for your information is a US Exam) a piece of cake compared to your difficult Pakistan exam. 

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Thanks to everyone who answered. I haven’t looked at the forums in a while as I was staying and the rest of it.

I agree with @jessmat‌ Jessica that I have to categorise my weak areas. All my problems are in the lack of retention department. For example, I have forgot LIFO reserve formulas entirely.

I am now using the e-Book version of the CFAI Curriculum which has a search function that allows me to easily go to areas I am weak without the use of a stupid index at the back of the book. I am doing good now.

For the last 120 FRA questions I did (from a collection of mock exams with a said highest difficulty), I got 75% exactly. So I am happy but, I need a bit more practice. Few more mocks and clearing up the areas I am lacking retention, I will be good.

Thanks to everyone who helped. 

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> @Goggs said:
> I also have a memory like a fish, and used to be useless at remembering formulas for exams. But I’ve found some basic memory techniques to be really useful. Basically you come up with a striking or memorable image to represent each part of the formula and then remember each part in a specific location that you can ‘walk’ through when remembering it. It’s also less boring than learning by repetition. This guy will explain in better than me:
>
> http://www.ted.com/talks/joshua_foer_feats_of_memory_anyone_can_do

Doug Van Eaton of Kaplan Schweser did a great presentation on effective study techniques geared particularly towards CFA candidates. It, I think, is available online under free resources in Schweser’s website. There I can remember very well (using methods discussed in that presentation) he said using image based memory techniques to text based learning is useless.

In my opinion, I think it is so because of many reasons. For one, you can’t have many houses to go though to remember many (100+) equations. For two, its way inferior to the alternative. Which is to quiz yourself on the formulae so that you know the formula when you need it as opposed to trying to remember it. But it is true, one has to remember a formula in the beginning. But the idea is to reuse the formula immediately after and sometime after remembering it few times to put it into memory of things you know the concept bend it. Thus the quiz effect.

Enough said.

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mattyc said:

Oops, I thought this pertained to L2 as well.

Well, I would mind if you answered as you probably have experience in both L1 and L2. 

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This won’t make sense for most ethical people. @edulima Did you made that word up from what is known from the double irish dutch sandwich. Maybe with a bit of bermuda or is it your own creation? 

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In other words, how many odd questions above or below 1680 (i.e. 7 mock papers) did you do if passed? except the EOC questions. 

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The video is what is a load of … not capitalism. He might be popular being an academic and stuff however, it has a lot of half truths and rhetoric given as BS nevertheless. I think the point he made about any sane person being willing to join a anti-capitalist campaign and how he just can’t live in a world where someone else makes a billion dollars every year up from 250Million last year is just crap. One should not consider this kind of argument and/or dialog seriously because it wouldn’t look good to have the line argued with a Marxist on your resume. 

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I take the EOCs after every reading. Given 7 mocks is not the bare minimum according to all of you, I’d do that in the last month as well. Thanks. 

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I am sorry but depreciation and warranties both can be a DTL or a DTA depending on the carrying value being greater or lesser than the tax base. But by reading your explanation at face value, it seems like you assume depreciation to always be a DTL. Not the case. 

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I guess its more of a full set of power tools than a simple screwdriver.

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@Farooq‌ No Man, I wasn’t offended. I had a similar dilemma  when I first registered. What I did (which worked for me) to rectify that is to email CFAI directly. They are super helpful. Although, I advice you not to tell them that your degree was more difficult than US degrees. 

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You are making so many assumptions which may or may not be wrong. What is this question anyway? 

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In other words, how many odd questions above or below 1680 (i.e. 7 mock papers) did you do if passed? except the EOC questions. 

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@ommthree‌ I am doing something similar to what you are suggesting. And, it is working for me as far as regaining a grasp of the details in the curriculum goes. i.e. improved scores. 

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Thanks @Sophie for this article. Good to know I am inline with what you said in “What Stage Should I Be In Now?”. I think formula retention is my main priority so any tips on that in a article in the very near future is much appreciated. I do have a single page with all the formulas I want written but don’t know what to do with it.

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@Sophie‌ I am trying to figure out what works for anyone who passes. So, I can tweak my own method. Honestly, I am not a big believer in learning style. I think what ever that works should be my learning style. By the way, I did a Level 1 exam two years ago not recently. I took a hiatus after that and that explains why I am not a Charter holder yet. 

Its good to know that Schweser Notes and Secret Sauce coupled with questions was enough to pass for you. It might be so for me as well. The reason why I am taking a University Prep class is because my parents told me to (Giving an indication to my age) do it as it won’t be disadvantageous if at all. 

My method may have worked better for Level 1 if I see a pattern in the study sources used by many candidates. Thus the rationale for this question. 

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There is a clear pattern emerging. Everyone here who replied said they did the EOC questions. Pattern recognised. 

Since the curriculum is just three thousand odd pages after all I think its best for me to read the curriculum as opposed to the Schweser Notes. Pattern recognised.

CFAI Mock Exam is the most difficult exam which some say is more difficult than the actual exam. So I will do that plus Schweser Practice Mock Exam Volume 1 & 2. Pattern recognised. 

The Q-Bank is quite useless in my opinion and I take it that you think so too as none of you cared to mention it because its more calculation oriented and not tough enough compared to the actual exam. Pattern recognised. 

I would like to see more patterns emerge so if you please, tell us your primary study source and why?

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@edulima‌ The problem with the Q Bank is that it is a bit more easier than the other sources of questions. 

Partly because its questions are calculation oriented (I actually broke one button on my calculator doing them for overuse) and partly because I always get over 90% for those questions. While I do that, I get about 75% for the CFAI mock exams quite consistently. So, there is something wrong with the Q bank. Because when I ask everyone, they say that the CFAI mock exams are more indicative of the actual exam and I feel so too. 

I will do the Q Bank questions only if I run out of questions otherwise and still feel less confident in answering them after about a hundred questions of the same topic. Which is likely for some topics. So, I am not entirely discrediting the Q Bank. 

Being it that this is all about primary sources, I think it isn’t going to be a primary source for me. 

Thanks. 

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