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QBank for Level 2

Hey,
I solely relied on QBank for practicing for Level 1 in last December and it was really a good preparation for the exam. However, I’ve heart that QBank for Level 2 is way too easy. Maybe someone who has failed Level 2 and has used the Qbank can comment on his performance or even post his summary statistic including the fail band, so we can work out an acceptable performance level for qbank. My summary statistic so far is:

SchweserPro 2011 CFA Level 2 4202 480 105 11% 78%
Ethical and Professional Standards 550 120 13 22% 89%
1: Ethical and Professional Standards 476 60 7 13% 88%
2: Ethical and Professional Standards: Application 74 60 6 81% 90%
Quantitative Analysis 393 120 28 31% 77%
3: Quantitative Methods for Valuation 393 120 28 31% 77%
Economics 387 60 15 16% 75%
4: Economics for Valuation 387 60 15 16% 75%
Financial Reporting and Analysis 563 180 49 32% 73%
5: Financial Reporting and Analysis: Inventories and Long-lived Assets 182 60 14 33% 77%
6: Financial Reporting and Analysis: Intercorporate Investments, Post-Employment and Share-Based Compensation, and Multinational Operations 300 60 15 20% 75%
7: Financial Reporting and Analysis: Earnings Quality Issues and Financial Ratio Analysis 81 60 20 74% 67%
Corporate Finance 296 0 0 0% 0%
8: Corporate Finance 154 0 0 0% 0%
9: Corporate Finance: Financing and Control Issues 142 0 0 0% 0%
Equity Investments 775 0 0 0% 0%
10: Equity Valuation: Valuation Concepts 130 0 0 0% 0%
11: Equity Valuation: Industry and Company Analysis in a Global Context 286 0 0 0% 0%
12: Equity Investments: Valuation Models 359 0 0 0% 0%
Alternative Investments 139 0 0 0% 0%
13: Alternative Asset Valuation 139 0 0 0% 0%
Fixed Income 467 0 0 0% 0%
14: Fixed Income: Valuation Concepts 251 0 0 0% 0%
15: Fixed Income: Structured Securities 216 0 0 0% 0%
Derivatives 256 0 0 0% 0%
16: Derivative Investments: Forwards and Futures 83 0 0 0% 0%
17: Derivative Investments: Options, Swaps, and Interest Rate and Credit Derivatives 173 0 0 0% 0%
Portfolio Management & Wealth Planning 376 0 0 0% 0%
18: Portfolio Management: Capital Market Theory and the Portfolio Management Process 376 0 0 0% 0%

qbank is a good place to start, but make sure you end up with acing all EOC questions.
I am first timer, at least that is my plan

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Passme, I think that you are taking the right approach...

I'm a retaker and I'll use Finquiz/Stalla to drill in questions non-stop as I continue reading the books (i.e. to facilitate retention) but I'll do EOC questions and all Samples embedded in the readings on the weeks leading up to the exam...

- Guille

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