CFA Eoc and time.

How much time does it take to do these??? I just spent 4 hours completing questions 1-19 and the various parts of R61 on swaps and swaptions. With no major problems it took 12 sides of A4, everything written out… My concern is, we apparently need 250 hours study time?? I doubt I will finish EOC by June, let alone have time for mocks etc… Am I just slow, or does anyone else find this???

if memory serves, the deriv’s EOC’s are the most intense and time consuming of all the EOC’s. I wouldn’t expect them all to take you that long - and they are well worth doing.

250 is a joke…try 400 yea EOCs are invaluable, if you can remember them. I’ve been doing EOCs up to I started taking stalla and got through every EOC to reading 34. I’m just doing stalla Qs now, and will attack EOCs exclusivley during the last three weeks to the exam.

the EOC for swaps and swaptions was intense and I found them to be repititive. Which is not a bad thing either but don’t get too bogged down here. On average it takes me 1-2 hours to work my way through EOC questions.

I’ve been doing most of the EOC problems in CFA texts as I go through, just to solidify the material. If I have the subject matter fairly well I don’t finish all the problems (b/c as you know some of them are quite lengthy). If I need more practice I’ll do all the questions though. I figure I can go back later to any that I need to later when I review.

the EOC for swaps and swaptions was intense and long but I did find them to be repititive. Which is not a bad thing either. Just don’t get too bogged down here. On average it takes me 1-2 hours to work my way through EOC questions.

Agree, they were repetetive, but hopefully that should make them sink in,when I look back in a month or so, it should all coming flooding back??? I didn’t realise it took so long, I thought the saying was “time flies when you are having fun!” Not quite sure that applies to CFA Eoc’s though.

Agree, they were repetitive, but hopefully that should make them sink in,when I look back in a month or so, it should all coming flooding back??? I didn’t realise it took so long, I thought the saying was “time flies when you are having fun!” Not quite sure that applies to CFA Eoc’s though.

agree to both that EOC are pretty time intensive but that they are also extremely helpful. I’ve been doing all the Qs as I go through the readings, but on any 1 Q that asks you to do the same thing for several sets of data (ex: calculate the correlation coefficient for X,Y and Y,Z and X,Z), I’ll just do one or two to make sure I know how to do it. Skipping the manual calculation part saves a lot of time. Though there is something to be said about the repetitiveness…

Personally I substitute Schwesers “challange problems” with EOC. The EOC problems seem harder and are more likely to test relevant material, even thought they are time consuming. I just do all of them. I figure if there are many questions that seem repetitive, CFAI wants me to be really really good at such problems.

I agree, it just March and I’ve just done EOC for 2 subjects and leaving the rest for April-May after im done reading, but im not sure it that will be enought time/

Im doing 50% of the EOC. the rest I am leaving for the end. but yeah i havent done it for all the readings that I have covered

I didn’t do any CFA EOC Q’s last year and I failed (band 8). now that I’m doing them this year I can see why I failed. They’re incredibly helpful. Though, I think you have to be effcient and breeze through the ones where you’re sure you know the answer, and when lots of repetiitve calcs are required, just do 1 to make sure you know how to do it. I think they’re critical to passing, much better than Schweser EOC’s.

i did all equity EOC’s in December…is March and I’m having to relearn quite alot. leave till the end, get your theory down pat, then pump out the prac

I’m working the Passmaster Q’s first for each topic. Once I get 90% on Passmaster I’m doing the EOC Q’s. I plan to redo all the EOC Q’s in May along with a few practice examss

Not sure why, but I’ve only been doing Schweser EoC/Challenge questions and QBanks so far. Planning to use the CFA EOC questions as my comprehensive review the last 1-2 months before the exam. From what I hear about their difficulty, it’ll be a bit of a shock when I start …

NickTW Wrote: ------------------------------------------------------- > Not sure why, but I’ve only been doing Schweser > EoC/Challenge questions and QBanks so far. > Planning to use the CFA EOC questions as my > comprehensive review the last 1-2 months before > the exam. From what I hear about their > difficulty, it’ll be a bit of a shock when I start > … …this was my failed strategy for '09. Hit the EOC questions now…It is a shocker but no means difficult.

Thanks for the tip that the Swaps reading has ornery and repetitive EOC. If I think a reading was not so bad, then I do 60-75% of EOC right after the reading, maybe skipping every other from the last portion. I would rather do problems “fresh” in comprehensive review than solely look over problems that I did already. If I struggled with the reading, I do all EOC, relying on Schweser or Stalla problems to refresh in comprehensive review. I think I still have 31 readings to go and March begins tomorrow (although 10 of those are Ethics). Thus, I feel that I can’t spend time conquering individual readings.