标题: Difficulty of The Actual CFA exam [打印本页] 作者: Nishant1 时间: 2013-8-8 09:05 标题: Difficulty of The Actual CFA exam
Please people give advice on the difficulty of the actual CFA exam
Compared to CFA Mocks, Schweser Practice Exam and CFAI EOC(case lets)
Personal feeling CFA Level 2 can’t be as tough as CFAI EOC because EOCs are lengthy
CFA Level 1
The level of CFA level 1 was of similar difficulty compared to CFAI mock ‘
Please people give some advice on this ………作者: bodhisattva 时间: 2013-8-8 09:05
I never did CFAI EOCs. For me, the actual exam seemed slightly easier than the CFAI and Schweser mocks. Perhaps because I was continually becoming better prepared in the last month.作者: wizofoz 时间: 2013-8-8 09:05
^Finally, someone who admits to passing w/o doing the EOCs. Did you cover the material using Schweser or CFAI text? How many times? It would be REALLY helpful if you share exactly what your “last month” strategy was for L2 - i.e. did you just focus on mocks/qbank/re-reading/etc. Thanks!作者: dandman 时间: 2013-8-8 09:05
I talked to many they never opened the CFAI books and still passed. Schweser is enough. I am sure no one can recollect everything after reading schweser because for L2 also schweser is vast作者: WarrenB1 时间: 2013-8-8 09:05
Yup I personally know someone who never opened CFAI text . passed all 3 levels using only schweser and another who has passed 2 levels and is appearing for level 3 this june. He too never touched CFAI books for any subject for any level. Reading entire CFAI text is a challenge for most.both in terms of time taken and the sheer volume of material you have to wade through.作者: jcole21 时间: 2013-8-8 09:05
I’ve never opened CFAI texts. Only Schweser texts and QBanks. Final month I did many QBanks - like 2000 or something. Final 2 weeks I did strictly Schweser Mocks and CFAI mocks from current and previous years. I think I had maybe 12 full length mocks in total. Of course review all your questions carefully.作者: DoubleDip 时间: 2013-8-8 09:06
CFAI test makers are lazy, they set the questions based on schweser notes thats why the scheser only ppl are passing作者: wilslm 时间: 2013-8-8 09:06
really appreciate the input from those who have passed. just confirms what I have felt….put the pencil to work over and over again.作者: Sunshine4ever 时间: 2013-8-8 09:06
I’ve never used Schwesser (I just used the CFAI texts) but found it you cover about 1 LOS every 2 days or so and do the questions it’s really straightforward. It’s reading like 30 pages a day, sometimes less.作者: PieMan 时间: 2013-8-8 09:06
I thought that the Level 1 mock and Schweser mocks were much tougher than the actual exam. I’m hoping for the same thing here at Level 2 because I’m getting nuked (55% on the Volume 2 practice book, 75% on Volume 1, 70% on CFAI mock). By the way, I didn’t pass a single mock at Level 1 and did very well.
With one month left, you’re down to simple repetition. But I disagree that you should avoid the EOC’s, as the test is drawn from the stuff in the books. I would drill those hard, circle the ones you missed and do them again.
Throw in Q bank and Schweser EOC–but those both are way too easy to rely upon for exam day. I think you’ll set yourself up for a difficult road if you only do Schweser. Review time is over, so just do nothing but problems and choose the three or four areas to abandon (know the basics only and focus on the larger topic areas).作者: Analyze_This 时间: 2013-8-8 09:06
I personally think that it is a waste of time to read cfa books and that it is imprudent to not do CFA EOC questions.作者: yodacaia 时间: 2013-8-8 09:06
Thanks guys, this thread is very helpful to me.
I have explained to many how I am very crunched for time, and only have on average 16 hours a week to study. Just completed Schweser readings and the thought of going through the text book to do BB questions seems daughnting and time consuming (I have done EOC CFAI texts). I think I will focus the rest of my time on Qbank and other Schweser questions.作者: jcfa2011 时间: 2013-8-8 09:12
@pierrewoodman_fan
I’m not sure where you’re getting your information, but if you actually believe that, you really have no clue what’s going on in the CFA-world today. The CFA Institute intentionally develops all their actual test questions to be completely different from Schwesser sample questions, and from all other test prep providers as well. They don’t want you to memorize the questions from the test prep providers, and pass the test, when you really haven’t learned anything at all (other than memorizing some random stuff). A couple years ago I went through every sample test I could find; I worked through each one over and over, until I was getting at least 90% correct on every test. Sometimes I’d get 100% correct. Nevertheless, on the actual CFA test, I got every single question wrong…according to the CFA Institute.作者: anshultongia 时间: 2013-8-8 09:27
L1, June 2012: Slightly easier than the CFAI and Schweser mocks.
L2, June 2013: About the same level of difficulty as the CFAI mock MINUS the mock’s poor wording. Very similar to Schweser mocks in difficulty (which have much easier wording but similar level of difficulty of concepts tested.)作者: eoin 时间: 2013-8-8 09:32
Lvl 1: simpler than any mock exam I did - Schweser and CFAI. Qbank is fine for this
Lvl 2: mix between Schweser difficulty and Finquiz exams. IMO not comparable to the mock in any way作者: strikethree 时间: 2013-8-8 09:37
I actually found the style of the of questions very similar to the BSAS mock, I think they were at about the same level of difficulty although BSAS was equally weighted.
I think the 2010-2012 mocks are very very close, but ultimately harder than the exam.
I don’t feel schweser really captures the tone or feel of CFAI at all and reccomend not doing many of their mocks or questions. I have done everything cfai and elan have done and felt really welll prepared both times.作者: tikfed 时间: 2013-8-8 09:42
2013 mock exam was worst due to poor language and so many incorrect questions.
Actual exam was much easier作者: cfalevel2011 时间: 2013-8-8 09:52
When i prepared for Level 2, I used Stella extensively because i purhased the whole “program” including DVDs and lectures and Q-bank and mock exams… i actually also purchased Schweser exams as well, so as you can see, I had absolutely NO TIME to open the CFAI texts.
I think with Level 2, because the cirriculum is so broad and many of the topics are unrelated of each other, I kept re-watching the DVDs just to keep myself familiar with materials i studied (actually i even played them while i sleep so i can subconsciously brain-wash myself to know the material).
As for LAST MONTH PREPERATION goes, it’s all about mock exams! Do as many as possible, do them and spend equal amount or more time on grading them. Don’t just waste the exams by looking at the answers before working them through, do NOT check the answers to incorrect answers only! You have to check every question and what you did correctly may only be a flute, and what you think is the rationale behind the right answer may not necessarily be correct.
And lastly, take care of your body in the last month, take annual leave, exercise and eat right! You cannot pass a 6-hour exam with a tired body.作者: busterbluth 时间: 2013-8-8 10:07
@ Satuross thanks a lot u just increased my confidence level for Ethics !!!
