标题: Official Schweser Mock Discussion ($40 mock) [打印本页] 作者: jbaldyga 时间: 2013-4-3 11:35 标题: Official Schweser Mock Discussion ($40 mock)
I now see why they are offering for $100 the detailed answers…. bums only put the bare min in the answer booklet for AM session…. I am sure there are going to be a lot of questions about this exam, so might as well post them in the same place… What did everyone think of it? I scored about 130 points, but question 3 and 4 crushed me… I dont remember seeing 4 at all in SChweser while reading… the tax formula in question 3 hurt me… I only got 19 points out of 47 in those 2 sections…. the rest of the exam seemed pretty easy to be honest…. stupid mistake with CPPI/Constant Mix
what you all think?作者: sameeragarwal 时间: 2013-4-3 11:39
I just bought it too. Is it worth getting the explanations for 100 extra? anybody took a look ?作者: MiniMe7 时间: 2013-4-3 11:43
stupid exam…Hardly any change to volume 1 exam. Waste of $50
just completed AM and scored 62%. I have done few past CFAI exam and have never seen CFAI giving more than 6 points on return calculation but schweser is giving you 14 points..very unreal. If you get it incorrec then you are screwed.
Also so much calculation oreinted. CFAI exams are not. I mean every problem had something to calculate which is not the case in CFAI.作者: Howd 时间: 2013-4-3 11:47
Hi. Is it possible to forward it? if yes then it will be great. thx. a_shah2@rediffmail.com作者: wake2000 时间: 2013-4-3 11:51
good lord not this again…sack up the $50 and pay for it作者: DarienHacker 时间: 2013-4-3 11:59
Is it worth($50) to give a try?作者: mik82 时间: 2013-4-3 12:03
I did the first q- how you guys attempt it-does anybody has a strategy to approach this kind of problems ? Make a cash flow table? I got confused between coming year and now and year of retirement-time line作者: wake2000 时间: 2013-4-3 12:07
I just set up a time line for each year and listed out all of their expenses and income… i actually nailed this one completely and was shocked….. i guess the practice is helping…
Side not, has anyone tried to enter your scores online yet? I am only able to do it for the AM session and not the PM….
I took the PM and scored 72% on it…. second ethics section was pretty tricky, and behavioral finance always confuses the hell out of me…
how did everyone else do?作者: bbtomato 时间: 2013-4-3 12:11
yea man, morning was a little ridiculous but whatever that’s expected with schweser. Not to mention their answer key has some flaws (liquidity for Q1, says gift to charity even though that happened 2 years prior)
Anyone explain what the hell is going on in question 3 part c in regards to taxes, and why they are paying income taxes on investments?
-or explain the whole formula cuz it doesn’t make any sense to me.作者: tarunajwani 时间: 2013-4-3 12:23
Just finished the PM exam and scored 67%.
Ethics Q- 2 - 1/6 ouch. Next week I have to do ethics. Procrastination is not helping in scores.
FI - Few mistakes in Fixed Income, calculated wrong dollar duration etc
Basically I would have scored close to 75% if I knew the ethics and had I learn all the formulas which I am going to do in last couple of days before exam.
Overall exam was fair.作者: Windjam 时间: 2013-4-3 12:27
boston21 -
1.5 million which Mike is going to get at retirement which is after 2 years so why the fk they took in next year?作者: Iginla2010 时间: 2013-4-3 12:31
Took the Schweser mock in mid-town, NYSSA’s (new) headquarters… lots of tourists in Times Square today.
Scored 73% on a.m. session. Approached the same as hazyskunk.. worked backward, instead of CFA formula (which I forgot). So, gave myself full 8 points where I’m not sure the graders would see that way.
Also for 1A, my return was off by 4 bps because I didn’t inflate the mother’s medical (reading didn’t say it changed with inflation, although guess you could infer).
P.m. was a disaster for me - 60%. I am depressed, but now re-looking it’s not so bad…I lost most of my points on Ethics, GIPS (neither of which I have finished reviewing), Behavioral (haven’t reviewed yet), and Equity (that section on Style Fit - blanked). So, once I have time to review these maybe won’t be in terrible shape.作者: krause2 时间: 2013-4-3 12:35
Also part c- of q3- where does it say that Perkins was going to pay gift taxes? The formula they have used is for that作者: yuoska 时间: 2013-4-3 12:39
cfaboston…. it said he gets the 1.5 million the day he retires… which technically is year 2 is how i looked at it, so on his last day of work he would get his last pay check plus the 1.5 million….that is why i added it in year 2作者: joehogue 时间: 2013-4-3 12:43
Then how about 250K used in current year’s calculation when she is retiring next year.作者: Windjammer 时间: 2013-4-3 12:46
I see where you are getting confused…. i took it to mean current year as in year coming up, the year she is retiring… so that is why she gets the payment then…. it was a tricky problem though作者: onelife1 时间: 2013-4-3 12:47
I messed up that problem and assigned myself zero points. The frustrating part is that calculation was of 14 points which is kinda stupid as it won’t happen in real exam. Also taxes stuff - I mean c’mon we are not doing MS in taxation or CPA.
I am surprised how did you get the full answers with right calculation. Good for you, mate!
I am kinda pissed by wasting $50 and 3 hours…作者: brain_wash_your 时间: 2013-4-3 12:47
Where is the online explanation key for the PM session?作者: bodhisattva 时间: 2013-4-3 12:47
Assuming I still have 3 full practice exams left, I am getting the vibe I should just pass on the time/$50???作者: LBriscoe 时间: 2013-4-3 12:47
Schweser Mock Exam - PM
Exam ID: 7072172
Questions: 60
Points Possible: 60
Points Correct: 44
Score: 73%
Will take AM tomorrow.作者: Analyze_This 时间: 2013-4-3 12:47
Does anybody know whether there is a performance tracker for the AM session?
I can see one only for the PM.作者: infinitybenzo 时间: 2013-4-3 12:47
Honestly speaking it was rather easy. Scored 70 on PM, while average result in PM was 67 (ethics 2 and behavioral killed me). So everyone are very close. Somehow i even felt some sense of security, that i could pass. But this sense is false and even dangerous. I expect real exam to be much more harder. So forget your S mock results and back to books.作者: adehbone 时间: 2013-4-3 12:47
Question on the Asset Allocation item set, the last one in the PM…. question 56…. I feel as though comment 1 should be correct…. Correlations do increase when periods of volatility increase, and this means that at the time you need diversification most it fails the investor…. schwesers explanation says:
Statement #1 is incorrect. Correlations between markets do appear to increase when volatility increases in international markets. However, this has been shown to be primarily a statistical aberration related to the calculations of standard deviations and correlations.
I understand that it may be a statistical aberration, however the comment is still correct in that higher volatility increases correlation which hurts someone who is trying to diversify….
anyone else feel that way about this question? typical schweser with these questions作者: random_walker47 时间: 2013-4-3 12:47
I feel it is incorrect作者: bodhisattva 时间: 2013-4-3 12:47
what do you say is incorrect about the statement?作者: ryanlb 时间: 2013-4-3 12:47
about the question作者: Muddahudda 时间: 2013-4-3 12:47
Went to the venue for this exam , I think this one was well rounded
AM session: 70.5%
PM session- 75%
