CFAI Mock Exam Scores (PM section)

How is everyone scoring on the CFAI mock exam? I’m talking about the PM-style test on their website.

Just took them for the first time and scored a 46/60 on both for a 76.7%. Feeling cautiously optimistic, but I know the item sets are easier so not getting my hopes up too high.

I’ve taken a few AMs, but scores there are difficult to feel great about. Scored a 70% on the 2014 with realistic grading. Thinking of it as a 65% assuming 5% of my score was a bit biased.

Any comments from Charterholders would be appreciated, as well. What scores were you posting on the item set questions in mocks/topic tests going into the exam?

I took 3rd round and scored 90 % on AM on Portal which is my ATH ever on CFAI Mocks. :slight_smile:

I add even -10 % discount on my past AM results which are now 77 % on average to real exam terms due to biased self grading. And I am trying to be conservative.

You mean you took it for the 3rd time? Or what do you mean by that?

Impressive AM scores, by the way. Should be lining up for a definite pass if you can muster anything close to that on the exam.

I took it for the 3rd time. Each Mock exam I take more than 1 time as well as AM papers. I would take all Schweser Mocks again too but I am not able with this purchase option. Last year I was able.

How helpful do you think it is? I’ve debated doing all of the exams multiple times as well, but not really sure where the best time/point trade-off is. Between flashcards, Topic Tests, AM papers, PM mock papers, and old notes – there’s a lot to choose from.

Do you recall what you scored when you took it for the first time? I can’t imagine 90%. :wink:

1st time CFAI MCQ Mocks: 60% & 70%

2nd round CFAI MCQ Mocks: 75% % 90%

Scores on the 2nd round are a bit high because i’ve become familiar with the questions - 4 weeks lag between them.

Kind of all over the place honestly…

Mock AM: 41/60 (68%)

Mock PM: 48/60 (80%)

All past AM scores were graded by a 3rd party professional:

2012 AM 101/180 (56%)

2013 AM 142/180 (79%)

2014 AM (115/180 (64%)

2015 AM (120/180) (67%)

Taking 2016 AM this afternoon…

Who did you get to grade your AM papers?

Analyst Ninja. I also grade them myself to just get a sense of appropriate grading but the scores you see are from them.

Well. I think it’s helpful. I have been doing so since Level 1. Of course last results may be a bit biased not only to better knowledge than for recalled choices but it’ s not significant and also am trying to avoid such actions. Positive effect is that after each revision, results have been improved mostly to knowledge and learning concepts. This is trade off but in my case proven positive trade off (passed L1 and L2 by first try).

It looks like they provide 10 mock exams. Will they not grade previous CFA AM exams? Only theirs?

Just finished Mock AM, 47/60 (78%). Will do PM tomorrow or Tuesday.

Worst part was Economics need to review PPP and Relative ECO Strength.

Weirdly enough, I got 3/6 on Equity also, which I usually get 6/6 on all the topic tests. Didn’t know core satellite can have less than 50% in core.

That question tripped me up, too. Doesn’t seem like 20% represents much of a core…

they will grade '12-'16 past AMs for $250

CFAI text even states 50% or greater in core. Oh well.

If we see it on the exam, I guess we just go with C.

Did 2012 CFAI Mock considering it as PM and scored 73.3%

CFA mock AM - 78, PM 63

Im doing full day runs and I was dead tired on the PM which I think caused another 6% loss. Didnt bother checking some questions again too…

^ Seems AM result is a bit biased. Discount for -10-15 points and it will be smoothed with PM.