标题: Low Practice Scores. I better give up? [打印本页] 作者: karoliukas 时间: 2011-7-11 17:49 标题: Low Practice Scores. I better give up?
Each time I come here and i see people talking about scoring >70 in their practice tests or mock, i get discouraged. I have read my study notes(Schweser) twice and kicked off on the Schweser practice notes in May. I am scoring really low - late 40's and its really discouraging.
I work (in a non financial related firm) an average of just 60hrs a week and reads at night and dawn. I am taking a two weeks plus leave as from 19th to focus on practice questions and a final dash through the readings.
Can I still make the 70's required to pass L1? Is is still possible to raise my scores by a 100%? Please i need help! I really do.作者: studyn 时间: 2011-7-11 17:49
Do you feel that you really KNOW the material. Are you making careless mistakes, forgeting formulas, or do you just not know how to get through the practice test questions?作者: sdada 时间: 2011-7-11 17:49
Oh, its beatthecfa! Great guy!
Yeah, more of forgetting the formula or inadequacy of depth especially in Quant,FI,PM & Derivatives. I have a feeling that I could dramatically improve if I really have time to 'dig the trenches' but I dont know if the time left can be enough.
I also started with Shweser Practise Volume 2, not 1 and i learnt yesterday that the Volume 2 is more difficult than usual.
Any help and advice would do.作者: draz 时间: 2011-7-11 17:49
dont give up ..try and identify your mistakes in the tests and read those again and again , whenever you are reading news papers (markets) etc try to relate especially economics , fixed income .
you have scope to improve your score till the day before the exam so keep pounding questions and make sure you are not making careless mistakes作者: leadcfa 时间: 2011-7-11 17:49
Hi Damoch,
Don't give up.
1st of all, there are still 25 d left until the exam. That's plenty of time to get from your 40's scores to the 70's and 80's, especially if you're planning to take time off from work.
If you have the Schweser notes as well as the CFA books, you should be pretty much set.
And if worst comes to worst and you do fail, then you already have a solid (40%) base for the December exam. Waiting half a year is not the end of the world.作者: kd26gioi 时间: 2011-7-11 17:49
By the way, you talked about studying at dawn. How do you manage to get out of bed that early and concentrate on your studies? I've been wanting to do it, too, but without success.作者: suyash1989 时间: 2011-7-11 17:49
There is enough time for sure. You can't let your head drop at this stage. I had a student once who scored less than 50% overall on her first practice test and went on to pass the test.
I am not going to lie to you- it's NOT going to be easy. But it has been done before and there's always hope. Otherwise, as Lara said, waiting 6 months is not so bad plus you'll have a better foundation for Level II.作者: smartpants 时间: 2011-7-11 17:49
I have to say i was in the same boat (40's-50's)...and really freaking out.
I got a level head and kept doing practice questions after question and i am see my scores increasing each week. I am almost to the point of not having to reference equations/notes maybe once or twice in a 60 q quiz. That was about 2 weeks ago and now I am in the 70-75 range.
I know it sounds silly but have that can do attitude and do question after question and things just fall into place.作者: invic 时间: 2011-7-11 17:50
Which practice test do people commonly refer to?
My Schweser pack has 6 practice exams but I haven't started it yet. I am still doing CFAI and Schweser end of chapter practice questions.作者: leadcfa 时间: 2011-7-11 17:50
Jose Mourinho!! haha I guarantee 90% of the people reading this post wont have any idea about the 'special one'. You a Chelsea fan?作者: siavosh 时间: 2011-7-11 17:51
I was in a similar situation once. I took many practice test before the exam, most of them in the last week or so. It was a gruelling experience but then the real exam felt like nothing more than "two more tests" and nothing to worry about. For now, you should start by working through the answers, question by question. Don't study any more from the textbooks but have them ready in case you need to look up some concept. Get Schweser's practice tests (6) and the extra tests (+ 6 = 12 exams @ 120Q). What would be reasonable? Try to work through 20Q every night and 2 x 120Q if you have taken the entire day off.作者: studyn 时间: 2011-7-11 17:51
Do CFAI EOC questions help us for the CFA exam?作者: rgonzalez 时间: 2011-7-11 17:51
OH YES!
bigspydee Wrote:
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> Do CFAI EOC questions help us for the CFA exam?作者: Flok 时间: 2011-7-11 17:51
3 weeks left...and im very bad with FRA...
please guys.... any tips....???
i always keep thinking tht im gna fail this section...and its not helping me study at all...
can sum1 whos given the exam please tell me what shud i be focussing on, in FRA, at this stage?作者: nitoha 时间: 2011-7-11 17:51
you still have time. If you have the videos use them. Go through the EOC CFAI
questions, put the time in and you should be fine.作者: bluejazzy 时间: 2011-7-11 17:51
ok, i didnt take the exam yet, but i'd say make sure that at the least you're comfortable with leases, FIFO/LIFO (including the affects on all the ratios), and key differences between us- and international gaap.作者: Maddin 时间: 2011-7-11 17:51
hmmm...by "CFAI EOC" ques u mean the practise questions at the back of each chapter in the cfai books right?
ive been studtying from schweser...havent even looked at the cfai books... and I've only been doing the schweser concept checkers............ Are the CFAI questions significantly different???作者: JRossSter 时间: 2011-7-11 17:51
+1.
Concept checkers are usually quite easy. CFAI EOC questions are a very important source of practice.
CFAHurdle Wrote:
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> I would recommend going through the CFAI EOC
> questions instead of scheweser.作者: pacmandefense 时间: 2011-7-11 17:51
thanks a lot guys...ill do as u say...time is running out....
1 last ques - by "CFAI EOC" ques u mean the practise questions at the end of each chapter in the cfai books right?作者: agulani 时间: 2011-7-11 17:51
Timeline: 09:53 GMT, 140510.......21 days to D-Day
Scores improving with every practice question.
Candidate gaining more confidence.
Raring to go.
Over...........
@beatthecfa. Yeah, most of them across the pond don't watch football, eh, soccer.
Am a gooner but Jose has helped me love him since he left those pensioners.作者: rkapoor 时间: 2011-7-11 17:51
karan.mfc Wrote:
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> hmmm...by "CFAI EOC" ques u mean the practise
> questions at the back of each chapter in the cfai
> books right?
>
>
> ive been studtying from schweser...havent even
> looked at the cfai books... and I've only been
> doing the schweser concept checkers............
> Are the CFAI questions significantly different???
The way I recall Level I is that the questions per se weren't tremenduously difficult if you had had plenty of time. What is extremely difficult, however, is that you're so pressed for time. You have to make up your mind in a split second, the alternative answers look almost as plausible. Imagine yourself sitting there, grabbing one question after another... 1.5 minute for each one... you have just taken 50 questions head on ... snap... snap... snap... and you know you just simply have to press on, another 70 questions to go. The afternoon session was even more gruelling because you're tired from the morning session and a bit sleepy from having had your lunch. Snap... snap... snap... 120 questions to go.
My advice to you, karan, is that you skip the concept checkers for now, except those you've missed, and try the practice exams that go with the Schweser material. You should also get used to jotting down the answers and sketches you draw not on scratch paper but cram it in right on top of the booklet itself. Cross out wrong answers straight away, encircle key words such as "least plausible" or "most likely" so you don't pick the opposite to what they're asking for simply by mistake.作者: rgonzalez 时间: 2011-7-11 17:52
thanks MehdiOchre...ive stopped doing the concept checkers now....
im in a rush coz i started studying in FEB and and since im doing a masters degree also...was held up in the month of april coz of the college exams....
now i hav the last half of FRA to cover and then im gna devote the final 2 weeks to the practise questions and the mock exams....
thts the best i can do at this stage...作者: Finalnub 时间: 2011-7-11 17:52
I am scoring really bad in Schweser's Volume 2 practice test book.... What should be done... Only 18 days to go ... please help......作者: bapswarrior 时间: 2011-7-11 17:52
I started with the first Schweser Practise exam Volume 1 last weekend and didn't do very well. Scores for each section (FRA, Equities, Corp Fin, Ethics, Fixed Income, Alt Investments, etc) is ranging between 55% and 67%.
The sample exam is far more conceptual that i thought it would be.
Firstly, in my opinion anyone that doesn't get the concepts right, will struggle with such an exam. So getting a grasp on the concepts is a must.
Secondly, i realised that not being able to recall most formulas from memory could be devastating. Quite a few questions required a direct formula application (that i obviously couldn't remember) and i realised knowing the formulas could also assist in solving conceptual questions, especially FRA (i.e. how will an XYZ event affect the asset turnover). The good thing about multiple choice questions is you can make a calculated guess.
Thirdly, i have already solved 2000 QBank questions and i was in for a surprise when i solved the first Schweser sample paper. The Qbank questions do not even come close in testing your concepts as compared to the Schweser sample papers.
In short do all you can to understand the concepts and write the formulas, to score easy marks..
Hope this helps..作者: btcapital 时间: 2011-7-11 17:52
