Amount of Calculations on (Mock) Exam

CFA Level III
#1

Hi there,

I just finished my fourth Schweser mock and I am quite surprised at the amount of calculations that are still required. Originally I thought that Level 3 is mostly about qualitative concepts and less about calculations. Seems I need to put in a couple more hours to memorize formulas.

Anyone has a feeling on whether it is just Schweser that doesn’t reflect the LOSs (i.e. putting in a calculate question for when it is actually only explain) or whether there are still quite a few instances where you do need to do the math?

Cheers!

#2

Even the curriculum has a few calculations for “explain” or “discuss” LOSs.

Calculation questions are easy to write. Explain and discuss questions are hard to write.