Question about Practice exams...

So I will be only left with limited time to do practice exam and have Book6 & 7 + BSAS + CFAI Free sample. I know I will not get a chance to do all of them perhaps a few out of book 6, BSAS exam, and CFAI free sample??? Or should I buy a mock CFAI exam instead of Book 6… What do you guys suggest, what order should I do the practice exams in, and whether I should buy any CFAI or free sample is enough? Thanks

buy mock, do free sample. answer as much as possible on AF i’d leave book 6 away!

no book 7. that’s the low hanging fruit to cut away.

think i would definitely do the cfai mocks

I am in the same situation. I am not going to do any of book 7. I have done the free sample and I will also try to get to the other two CFAI samples. I will try to get done with 2 book 6 exams also. After seeking wise council, I will not do the online mocks. I don’t think staring at a screen for 3 hours is going to be representative of the actual experience even though the questions will be superior. I may regret this strategy but at least I have a plan now.

mwvt9 Wrote: ------------------------------------------------------- > I am in the same situation. I am not going to do > any of book 7. I have done the free sample and I > will also try to get to the other two CFAI > samples. I will try to get done with 2 book 6 > exams also. > > After seeking wise council, I will not do the > online mocks. I don’t think staring at a screen > for 3 hours is going to be representative of the > actual experience even though the questions will > be superior. > > I may regret this strategy but at least I have a > plan now. It depends on your interpretation of taking a screen capture for your own use…

I do not like staring at the scree either…I printed all the Schewser SS exams instead of doing them on the screen…such a pain to scroll up and down…

Sponge_Bob_CFA Wrote: ------------------------------------------------------- > mwvt9 Wrote: > -------------------------------------------------- > ----- > > I am in the same situation. I am not going to > do > > any of book 7. I have done the free sample and > I > > will also try to get to the other two CFAI > > samples. I will try to get done with 2 book 6 > > exams also. > > > > After seeking wise council, I will not do the > > online mocks. I don’t think staring at a > screen > > for 3 hours is going to be representative of > the > > actual experience even though the questions > will > > be superior. > > > > I may regret this strategy but at least I have > a > > plan now. > > It depends on your interpretation of taking a > screen capture for your own use… shhh…we don’t like to violate CFAI rules *looks around with shifty eyes*

mwvt9 Wrote: ------------------------------------------------------- > I am in the same situation. I am not going to do > any of book 7. I have done the free sample and I > will also try to get to the other two CFAI > samples. I will try to get done with 2 book 6 > exams also. > > After seeking wise council, I will not do the > online mocks. I don’t think staring at a screen > for 3 hours is going to be representative of the > actual experience even though the questions will > be superior. > > I may regret this strategy but at least I have a > plan now. curious why you would do the 2 samples instead of the mocks? considering that the samples are the same questions as last year’s and the mocks have new questions.

I look at these more as practice for the vignette style and the types of questions that are going to be asked. Like I said, I may regret it.

Do the mocks! they are from the CFAI, they are your best clue to the real thing. you don’t need to prepare for the actual experience of writing the exam, you did the real thing last year…all you want is test questions which most closely resemble the real thing…and possibly a freebie or two come june 7th.

mwvt9, I am definitely doing the mocks for 3 reasons: 1. Its new questions that are not the same as last year 2. You get a better understanding how the questions are given 3. There might be similar questions on the exam from the mock - They did it for level 1 and they might do it again for level 2. Its worth doing them and bagging a potential 18 free marks by doing the mocks.

How are the 'answer’s for the mock exams. do they go into detail, and give a good explanation? thanks

Maybe I will change my plans… I don’t know. I don’t have the time to get to everything.

I love how people found a similarly worded question or two out of the 240 questions on the June 07 LI and now hoards of 08 LII candidates can’t sign up fast enough to pay for the new and improved 08 mock exams… expecting they are going to receive extra credit like it is mr. whitton’s 3rd period history. I mean seriously if you did 3000 questions, that include the cfai end of chapter q’s, the 06 LII and the 3 samples, umm yeah a few of the ones you see on test day should look vaguely familiar. I’ll do the 6 sessions from book 6, the 06 LII, and the 3 cfai sample exams. How many mocks does it take to figure out what weak areas need review? I don’t get it when I hear people score 70 on a mock, review it and then dive right into the next one. I would get more out of 3 hours in front of the cfai text. You are already familiar with how the questions are worded… anyway, there is such a thing as mock overkill, thats just my 2 cents.

ok. the two paid samples will cost you 80 bucks (unless you have screenprints from last year). or the full lenght mock will cost you 100 bucks. there is new sh*t being tested this year, like time series, which is on the mock and not on the samples. that’s extra credit that mr whitton is giving out for 20 extra bucks. all these questions about how time series will be tested or whether it will be tested at all? it’s in the mock. noone HAS to take it. but i’m going to. it’s 20 bucks more than getting last year’s samples.

yeah, two sample exams for 40 bucks each is $80 for 60 questions that don’t even cover all the topics. Oooor, if you were wise, I believe you would be buying the two mocks for $100, twenty dollars more gets you twice the questions, and they cover every topic, and will most likely fit pretty closely to the exam. I don’t think there is any real difference between looking at a screen and doing work on scratch paper or flipping back and forth between pages in a book to read a vinnette then check the question. These people adding 5% for scrolling are rediculous, you either know it or you don’t and I don’t see how the fact that the practice exam is on a computer alters its effectiveness. I will definitely be sitting for both sessions this saturday and simulating the exam experience / schedule. Just my perspective.

mwvt9 Wrote: ------------------------------------------------------- > Maybe I will change my plans… I don’t know. > > I don’t have the time to get to everything. Let me know too, what you decided. I have 5 exams from Schweser-Book6 and all 3 samples left. NOT doing Book-7, NOT doing the 2 mocks.

It is not about the 20 bucks. Nobody was complaining that they are too expensive. Whether or not there is time series on the mock has no bearing on whether or not it is on the exam. The mock could ask about AR(n) models and the 6/7 exam could be mean reversion or unit root test. My point is this. There is time series in the book. And I am confident that if there is time series on the test, then the exact answer to those questions is somewhere in pages 350-405. If that is my weakness 1.5 of those 3 mock hours could be spent polishing that up. It is only 55 pages. It is just my opinion that it is unlikely that 18 ponts or 5% of the exam is going to be taken word for word off some mock exam on the website. and if that is the main reason for taking 6 hours doing a tenth mock instead of reading the book, well… That and I’m still not convinced the questions last year were right off the mocks anyway. No one is telling you not to take them or that they aren’t good practice. I am just saying if you are pressed for time those 6 hours are valuable and you can spend them learning how to go 5/6 on the vigs that had you 2/6 a week ago. Or, you could take another 60 question sample that may or may not contain a similar question, may or may not include areas you are weak in, and may or may not provide any real insight into what SS are going to be on the actual test. that is a lot of may or may nots. somewhere in pg 350-405 IS the answer.

I was essentially comparing the CFAI mock versus any schweser exams at this point, not reading. If I have to choose between schweser and CFAi, I’m going CFAI, and if I’m going CFAI, I’m going mock. I have little faith in schweser’s ability to successfully replicate the feel, difficulty, and content of the exam, particularly given the typical spreads between schweser and cfai scores I’ve seen on here. That was my point.