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I had a hard time with the afternoon section as well. I was scoring in the 80's on Stalla and Elan and EOC questions, but didn't do very hot on the CFA mock... I'm kinda worried now...

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CFA mock ethics is tough in my opinion. I took CFA mock afternoon and scored 50% in ethics. In the schweser practice tests I got consistently above 70% in this section.

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Why would you need to memorize the names? They provide the names...isn't it more about what each standard entails?

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Elan's Ethics questions are easier, but for other topic areas they're are a good reflection of the actual test. You must read Ethics at least once from the curriculum and do the EOC questions to improve your performance. Have you already done so?

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I haven't taken the Elan tests, but I found the CFAI mocks pretty close to the actual exam questions. For me, the key strategy for answering the Ethics questions was to figure out which of the 7 professional standards they addressed:

(1) Professionalism
(2) Integrity of Capital Markets
(3) Duties to Clients
(4) Duties to Employers
(5) Investment Analysis, Recommendations, and Actions
(6) Conflicts of Interest
(7) Responsibilities as a CFA Institute Member or CFA Candidate

To help remember this list, I used the mnemonic: "Professional Investors Don't Disclose Internal Confidential Relationships."

Hope this helps,

Patrick
neemonyx.com (or nee.ms)



Edited 2 time(s). Last edit at Sunday, November 21, 2010 at 05:52PM by wbrocks.

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