Will schweser Question Bank be useful ?

CFA Level II
#1

Will Question Bank will be useful for level 2 exam ? I am not sure because questions appear easy in schweser question bank ? It was very helpful in level 1. Last year I just browsed thru all questions This year also I am planning to do the same. thanks

#2

The consensus seems to be that it is useful for understanding the concept, but only the advanced questions are useful for review and question practice.

#3

i feel that it is too easy plus it is based on a MCQ model like level one, however level 2 exam should be all based on Item Set Questions which is not the case on the Qbank,

#4

i think qbank is solid gold if you use it as a study tool. i don’t freak out whether i score a 100% or a 60%. i take the stuff i get wrong, i pause, look at my notecards, write down any key points i need to learn, and hopefully never repeat the same mistake twice. i think there is a ton of value in the easy qbank questions- that is where theoretical stuff is firmly put in your brain. stuff like the futures q i just posted… that one seemingly easy question make you say ok, what the heck is “basis” and then what is the relationship between interest rates, futures px’s, etc. i use qbank as a learning tool, not anything truly indicative of what i’ll score on d-day. if you think it’s easy and you’re crushing it, great, you’re probably in good shape. not sure just quickly perusing the q’s is going to do that much good though. i think banging the q’s out and really taking the time to review each concept behind a wrong answer is huge. i think qbank is very useful.

#5

Qbank - I would have a 5 thumbs up on this one!!! Thought It does not cater to the actual exam or replicate the level of difficulty like the real deal, but a very good tool for reinforcement!. - Five *

#6

I agree. I use QBANK as a learning tool and my scores on here do not bother me too much (to a certain extent) After going through the CFA Questions then doing a book 6 exam, I think I will be able to judge where I stand a little better

#7

bannisja Wrote: ------------------------------------------------------- > i think qbank is solid gold if you use it as a > study tool. i don’t freak out whether i score a > 100% or a 60%. i take the stuff i get wrong, i > pause, look at my notecards, write down any key > points i need to learn, and hopefully never repeat > the same mistake twice. i think there is a ton of > value in the easy qbank questions- that is where > theoretical stuff is firmly put in your brain. > stuff like the futures q i just posted… that one > seemingly easy question make you say ok, what the > heck is “basis” and then what is the relationship > between interest rates, futures px’s, etc. i use > qbank as a learning tool, not anything truly > indicative of what i’ll score on d-day. if you > think it’s easy and you’re crushing it, great, > you’re probably in good shape. not sure just > quickly perusing the q’s is going to do that much > good though. i think banging the q’s out and > really taking the time to review each concept > behind a wrong answer is huge. i think qbank is > very useful. + 5