标题: Test will be calculation heavy or concept heavy? [打印本页] 作者: ba736 时间: 2011-7-11 19:49 标题: Test will be calculation heavy or concept heavy?
So Level 1 felt to be more concept heavy and less on the number crunching.
I haven't taken any mock tests, but what do you all think the test will be about.
Concepts or calculations.作者: busterbluth 时间: 2011-7-11 19:49
L2 last year, at least from what I can remember, was very calculation intensive. I hardly put my calculator down during the equity or derivative sections. Sometimes they'll ask a question that doesn't involve an actual calculation, but you still have to work the question out in your mind through the formula.
Edited 1 time(s). Last edit at Monday, May 9, 2011 at 01:09AM by Chuckrox8.作者: kickthatcfa 时间: 2011-7-11 19:49
Personally I didn't think that the two tests I took before were calculation heavy.. in fact, my mistake was that I focused on lots of calculation problems going in, only to find that it was conceptual more anything. Yes, you will use your calculator but in a very light way to do required calculations. My $0.02.作者: spreads 时间: 2011-7-11 19:49
Id go 50-50, as uni said if you understand the formulas it will help with theory, wouldnt bank on anything, we will never come to any conclusion here作者: Houjichasan 时间: 2011-7-11 19:49
was the exam last year tougher than the mock exam?作者: neil1234 时间: 2011-7-11 19:49
Dreary Wrote:
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> Personally I didn't think that the two tests I
> took before were calculation heavy.. in fact, my
> mistake was that I focused on lots of calculation
> problems going in, only to find that it was
> conceptual more anything. Yes, you will use your
> calculator but in a very light way to do required
> calculations. My $0.02.
Did you take the L2 exam last year? It was like 3/4 calculations.
I would just assume the worst and expect a lot of calculations.
My $0.02.作者: MiniMe7 时间: 2011-7-11 19:49
Forget about the syllabus. Just because the syllabus appears to be 50/50 the test will not mimic that weighting. I'm with 4Tay on this one. Plan for the worst and expect a LOT of calculations.作者: random_walker47 时间: 2011-7-11 19:49
Depends how you look at "worst"....depending on who you are some conceptual questions are harder than quantitative ones, same from level 1...
Chuckrox8 Wrote:
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> Forget about the syllabus. Just because the
> syllabus appears to be 50/50 the test will not
> mimic that weighting. I'm with 4Tay on this one.
> Plan for the worst and expect a LOT of
> calculations.作者: ryanlb 时间: 2011-7-11 19:49
homie Wrote:
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> yup, the conceptual questions are the toughest.
>
> plug and chug is easy.
Touche. I'd take Swap calculations over any part of FRA any day of the week.作者: flyinggirl 时间: 2011-7-11 19:49
both.
pass rate was 39% last year...think about it作者: ayaz_mahmud369 时间: 2011-7-11 19:49
At least I can conclude that L2 is more calculation-intensive than L1, right? L1 last year is very concept-based and requires few calculations.作者: yodacaia 时间: 2011-7-11 19:49
