Will the test be calculation intensive, or less math more qualitative wrath?

CFA Level II
#1

Thoughts?

#2

Mostly quant. It takes a long time for the calcs. Otherwise they would increase the number of questions.

#3

it’ll be about the same as the mocks right?

#4

dude, just go in prepared to calc as much as you can. Funny enough I think Quant usually doesnt include too many calculations on the exam. Just know the ANOVA table and how to detect and fix regression violations for quant.

#5

CFAI guidelines are 30-40% calculations. There will probably be a few conceptual questions where calculations would help, though.

#6

is this true? Where is the CFAI guideline which says that?

#7

i can bet on it that even if its concept intensive, u may need to do some calculations of ur own to find out the correct answers … so u can say both are equally weighted

#8

I don’t think this exists anywhere - the test will be more quantitative than L1. Prepare for calculations.

#9

I believe , calculations are better than tricky conceptual questions which can be very confusing

#10

2014 Mocks didnt feel very quantitative…if anything they were conceptual…

if you know how to do it most of the calculations wouldnt take long…

#11

They’ll have plenty of quantative type questions that overload you with worthless data points that don’t apply to the calculation. it’s fun

#12

for what it’s worth, Andrew Holmes from Schweser says the exam will be about 70% conceptual/30% quantitative

#13

For what it’s worth, I’ve heard from a number of Level II candidates that they used their calculators a lot _ less _ than they expected to.

So . . . either it will have lots of calculations . . . or else it won’t.