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# of calculations on exam

L1 I picked up my calculator maybe 10 times in 240 questions. Is L2 different - can we expect more calculations?

No. You’ll use your calculator about the same (10 times).

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are you out of your mind? it seemed like at least 70% of the questions were asking for a number answer; what’s the justified leading P/E of this stock, solve for the required rate of return given a 50% failure probability, how much cash was collected in year X, solve this, solve that… unless you were being sarcastic, which i feel like you might be.

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My bad. I remember one of sittings had quite a bit of calculations. Not so much on the other sitting.

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the only sections that were light on calculations i felt were ethics (obviously) and corporate finance, when they asked all that stuff about corporate governance. ironically, i remember quant seemed kinda light on calculations too. but everything else was mostly “give me the number, 13itch”

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There weren’t many heavy calculations…just your routine stuff… and quant was not heavy on calculations but surely on logic..
(from a friend who passed last year)

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thanks smiley et al!

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