CFA vs Elan Mock - Ethics cfa, realistic, however, getting

Mechanic

First up, I thought the Cfa mock was overall much harder than elans…
The ethics section on cfa crippled me however, anyone else feel this? Which is more realistic?
I was getting around 90 percent on ethics in the elan mock, got around 30 in cfa!

hassan

@vipon: When you say names, I assume you are referring to the standards of professional conduct. Yes, you are right – it is absolutely critical to understand each standard and how it is applied. But, the ethics questions very rarely specify which “name” or standard of professional conduct it is addressing.
Sometimes, it’s easily discernable, such as the questions regarding how a CFA Candidate should specify their current CFA designation on their resume – Standard 7: Responsibilities as a CFA Institute Member or CFA Candidate.
But, more often than not, the ethics questions are vague enough that, it’s not perfectly clear which standard applies. A test-taker could easily think that the nature of the question applies to one standard, when it actually applies to another. Having a quick mnemonic to recall each standard served to remind me that I needed to clearly distinguish which standard was being addressed.
@SeeEfAye: I take exception with your statement. I got >70% on the Ethics section last June. My hope is that by sharing my strategy in tackling the Ethics section, others may benefit and many have expressed that they have.
With the immense volume of information that the CFA L1 covers, these memory shortcuts helped me pass Level 1 last June.
Best of luck to all this weekend.

bchadwick

Baystreet’s right. You can pass with a 50-70% in ethics.

PalacioHill

vyadagiri Wrote:
——————————————————-
> Hmm.
>
> I read ethics 3 months back since then I was
> scoring around 75% in schweser and 85% in ELAN and
> 65% in CFAI. The whole thursday ethics day for
> me.
>
> @ cokecan:
> Iam also on same boat around 63% on CFAI mock. I
> think we should nt worry abt % at this point and
> give everything we can for last 4 days.
>
> @ bruinbanker: You are safe man.
>
> Waht happens if somebody scores >70% on the exam
> and
they will still pass you if you are in the 50-70 range for ethics…. there was a thread where people posted their scores from the real exam and Im sure I saw people with 50-70 in ethics and an overall pass.

sameeragarwal

Yes exactly…my problem is that I know all the do’s and dont’s, just that I’m not familliar under which titles they all fall. Hopefully there won’t be too many questions to catch you out on this!

spreads

@Bruinbanker
I scored pretty much the exact same as you but I have to say I don’t think it’s Elan’s fault. I did poorly on ethics on both the CFA as well as the Elan mocks and after going over all the problems I really don’t see a huge disparity. I think ethics is simply much more involved than people think (myself included). It’s not all common sense and it’s not just about skimming the principles, you actually have to know what each one entails.

Wendy01

Hmm.
I read ethics 3 months back since then I was scoring around 75% in schweser and 85% in ELAN and 65% in CFAI. The whole thursday ethics day for me.
@ cokecan:
Iam also on same boat around 63% on CFAI mock. I think we should nt worry abt % at this point and give everything we can for last 4 days.
@ bruinbanker: You are safe man.
Waht happens if somebody scores >70% on the exam and

tango_gs

looks like you got a lot covered though.. with 192/240. im still stuck in the 55-60% region.
Best prep for ethics qs is probably re-reading the examples in the cfa book and doing the eoc qs again. W

rohitdoshi

I was feeling confident with ethics after doing elan… but then i did the cfa mock and everything changed!

mp3bu

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…