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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.

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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.

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