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Practice Questions

Hey guys,

I know that this has been discussed extensively before, but I'm having a hard time finding the right answer with all these guys that seem to pose as us when they clearly work for one of the prep providers.

I have recently finished reading the CFA books, and also the Schewser books. I am planning on going back to EOC questions/mock exams in May, but this leaves me all of April to do some practice questions... I've been doing Qbank, and noticed the questions to be too simple.

Any suggestions on which provider I should go to? I was leaning towards Finquiz until I realized that there's two IDs in this forum that are always promoting the material (which makes me wonder if it must suck so much that they need someone to constantly write about it).

Any suggestions will help! Thanks guys.

thanks for your perspective superstar, very helpful

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If there's one thing I've learned from the cfa texts, it's that unless the chapter is purely subjective (no formulas or calculations), simply "reading" the chapters is worthless. You have to do the EOC questions simultaneously.

You can always come back and do the problems at a later date for review. I did the EOC futures questions twice already - not because I don't understand futures (I'm a futures trader).- but because I want to be ready for the types of questions I'll see on the test.

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whatever works for you I guess. personally I like doing the EOCs a few times over by the time I am done with the material, so that I know my weak areas and the material by the time I am done.

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Thanks a lot Superstar...Something I wanted to hear

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Personally, I find that by the time I've done the EOCs for reading 70, the EOCs for reading 1 are a distant memory and I get a lot out of doing them.

Right now I am struggling with these questions (partly because I'm always tired), but I'll keep on doing EOCs and rereading Schweser until May. Hopefully by that point I'll have a decent handle on the material and get get working on practice tests to push myself from 60-65 to 80.

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am a level 3 candidate and am telling you honestly that it doesnt matter what scores you get in qbank or any mocks or samples you do before the exam...personally i failed every mock sample from the institute (by failing i mean <70% i got around 50% every single time) and i still passed the exam...the point is not getting 90% percent in a mock because those 4 items sets could be things you know very well and score 90%...the point is rather learning the material very well using that mock or the qbank or anything else and try to remember the formulas and concepts.

my opinion is dont focus so much on what you score - if its a 70 or a 65 or a 90 - cause under exam conditions and with different style of questions these results will be heavily distorted

my revision for level 2 was going every day through qbank and sample and mocks from institute and if something didnt ring a bell i would go back to schweser and remember it,no curriculum at all except of ethics and some EOC in accounting (and i mean very few EOC)
and please do not listen to stupid comments like you cant pass without EOC or without reading major subjects of the curriculum... i did pass without those

p.s around this time when i was preparing for level 2 i felt exactly like grumble,forget everything i did before..key is of course repetition,just solve and go back to material then again and again until it sticks.there is no other way

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Agree w AMCC - just uncheck the easy questions and do only hard and medium. People rip on the Q-bank because you can make 70% on a Q-bank test and still fail practice tests. But my experience has been that if you are making a 90% or above on medium and hard questions, that correlates well with passing scores on practice exams.



Edited 1 time(s). Last edit at Wednesday, April 6, 2011 at 12:27AM by ftwcfa.

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forget getting any additional help. if you have not done CFAI EOC yet, you will have PLENTY to do. I have done some EOC ?s 3 times over and I still learn more every time I go through them. If you have the ebook, print out the EOC ?s and do them over and over til you feel good. That will be enough to keep you busy combined with Practice Tests (Schweser or whatever) and Mock Exams which you can do in May. They take a weekend to do and all week to review the tests.

If I were you I would be doing the EOCs over and over as well as going in and doing the in chapter sample questions on the parts I do not understand. Also I would start making a master formula sheet with all the equations and key theories I have to memorize. You will have pages of notes from the EOC questions, because you should take notes on these since guaranteed you will learn new things doing them.

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I am glad they got rid of mitchels that dude/dudette was a joker 247 finquiz bs was getting really old

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