CFAi sample exam Ver 1~3 are available right now, I just bought them, and found overall it is easier than Schweser one. and it has more conceptual question, insteal of more calculation in Schweser one. the Calculation takes more time to find right answer. and for some complicated LOS, CFAi one is not so deep and hard as Schweser one. any thoguhts about them, and how to use them properly to prepare the exam. tks!
Actual exam - more conceptual than Schweser samples. On the other hand, CFAI sample exams r not as hard as the actual exam. I’m waiting for the Mock Exams to come out, that should be even closer to the real thing.
Mock Exams are produced by?..
cmbakerj Wrote: ------------------------------------------------------- > Mock Exams are produced by?.. -------------------------------------------------- I mean the CFAi one, won’t be available until May.
I spoke to one my friends who passed level one in December and he told me he bought the mock exams issued by CFAI and a lot of the questions on the real exam were almost exact 2 the mock exam. Which means I’m def buying the mock exam when it becomes available lol. I think he said it was $50.
this year, one mock exam costs US$60, if buy 2, US$100.
ouch lol
How do you get the exams? Do you get them as pdf downloads? S
JP_RL_CFA Wrote: ------------------------------------------------------- > I spoke to one my friends who passed level one in > December and he told me he bought the mock exams > issued by CFAI and a lot of the questions on the > real exam were almost exact 2 the mock exam. > Which means I’m def buying the mock exam when it > becomes available lol. I think he said it was $50. Can someone please verify this that if actual exams are close to real CFA exams ?? This time mock exams are $60 - one and $100 - two. This is quite expensive considering having already spend so much on schweser and CFAi. But if it is really worth worth I don’t mind 100 more bucks ! .
I passed L1 last June and yes, the online CFA sample exams are very representative of the actual exam. I purchased 2 of them last year and thought it was money well spent.
wanderingcfa, Do you have to do the test online or you can download it and do at your pace? S
Last year they were only offered online, you could not print them, and you could not review the tests after you finished. They gave you a few hours to take the 30 questions and after you answered the question, they would show you the answer immediately. Although they were worth it, I would have liked to be able to save/print the questions to review later.
so if you want to do the test later on written paper at a slow pace have your spouse or significant other take the test and do a alt-print screen (on a windows computer) to one document for the question randomly select an answer take a snapshot of the answer screen which comes immediately thereafter to another word document and so on, till they are complete. CP
Just do avoid any confusion. Starting from this year, CFAI offers Mock Exams, that are apparently real exam like experience. 120 questions per exam, same time frame, same level of difficulty. These are selling for $100 for a couple of exams and will be available starting from early May. CFAI Sample exams, on the other hand, are the one that have 60 questions, 120 minutes time to complete and cost $40/exam. Btw, my strategy would be to do Sample Exams in April, see where my weak spots are, go back and study a bit more, and than take Mock Exams in mid May just to gauge how i stand overall.
hi there, Where did you get the CFAi Sample exams from? Or do you mean doing the exams online on their website?
Cp, Your computer skills of screen capture may violate some of the Code and Standards, will it? how about if you do like that and use for yourself? S
All of the CFAI Exams are available online only, so the answer would be - yes, online on their website.
Don’t know about the legality, but you can always try to find those screen capture programs on the internet (you know the one’s that take screens to find if you’re spouse is cheating on you via e-mail), and then let it run, and you don’t have to worry about constantly hitting the print screen and trying to save the pics while taking the exam.
CFAMAven, What sort of program is that- I mean does it run in background and captures the screen and store it in a folder or what? Sounds interesting. S
One of my close friends took the exam and he used the mock tests from the insititute and said the questions were very similiar to the mock exam so I can’t see how that wouldn’t help. Yea it’s expensive but whatever, after spending this much time/money might as well spend an extra 100 if the questions are close to the real exam. Wouldn’t you all agree?