Practice Questions planning, practice, recently, one

mdfb79

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.

defour44

LOL thanks mitchells. You must get an alert whenever certain words are written on this forum.

I appreciate you taking the time to list out all the providers... I was actually asking for a suggestion on which one they thought to be most effective in preparing someone for the exam as Qbank's questions seemed too simple and easy.

And to clear something up.... I said I was reluctant to trust FinQuiz because of you responding like this to any forum that we mention providers. I haven't completely taken it off the list as if others mention that it's actually a solid source of practice questions I am still willing to consider it.

busterbluth

I would not spend too much time on this idea...just do a little bit of everything...

True practice is important, but I think knowing the material is more important

I would say 75% of my time, is just reading from CFAI and Schweser...

Once your understanding is so deep you can almost take on any question, and pratice questions are just to get you used to the type of questions etc but I do not find them the best choice for learning...

So for me, its tons of studying, and then just a couple for CFA and Schweser mocks

economicz

Thanks gulfcfa.

Level 1 was so much easier... as we were all told that qbank is the best tool.... and Sure enough it did help significantly in my studying...

Unfortunately it doesn't seem to be the case with level 2. My plan is to do a few more full exams on Qbank and find out my weaknesses and go back to reading the CFA book the second time in those sections. Hopefully that'll take me to May where I plan on going NUTS with mock exams.

cv4cfa

Did you screen for difficult questions in Qbank? If you found that easy, I am in deep dodo

yospaghetti

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.

Newhuman

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.

ayaz_mahmud369

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

tarunajwani

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.

bdavi77962

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