How else are people using this? I found QBank really helpful for Level 1, but given the format of Level 2, am wondering how useful it will be. I am trying to do as many question as possible, but find only the harder level questions are really helpful - they actually do cover some things that the notes do not explain very well. There are some long vinnetes - i just had a ridiculous question for FSA - a synethesis, that took me 10 minutes to do and required some ridiculous adjustments to the balance sheet. I’m hoping the real test won’t be this hard?!
I just used the Q-bank for quick refresh on LOS. You can get item set questions by clicking the Taking Reading Quiz or Session Quiz.
Use Q-Bank for memory retention and regressive testing. Use CFAI mock exams, Book 6 and 7 and CFAI text end of chapter vignettes to practice on vignette style problems. One aspect that L2 differs from L1 is that you are implicitly tested for your data filtering / gathering skills in addition to test of your knowledge. So make sure you are good at both before you enter the actual exam.
eltia Wrote: ------------------------------------------------------- > Use Q-Bank for memory retention and regressive > testing. > > Use CFAI mock exams, Book 6 and 7 and CFAI text > end of chapter vignettes to practice on vignette > style problems. > > One aspect that L2 differs from L1 is that you are > implicitly tested for your data filtering / > gathering skills in addition to test of your > knowledge. So make sure you are good at both > before you enter the actual exam. Very good point regarding the data filtering - I remember from level 1, they always tried to give you information you didn’t need. Guessing that will be the case again in level 2, plus with vignette style, they could pack a bunch of useless information in there that you’d have to sift through. What are Book 6 and 7 and CFAI text? I don’t have them with me.
Schweser’s Books 6 and 7 (they are both practice exams). CFAI text are the textbook that come with your registration.
I think Qbank, at this point, is good for keeping topics fresh. If I haven’t looked at a certain area in 3 or 4 days (or however long), I find it triggers my memory very well. But, I am definitely not relying on it as much as the practice & mock exams at this point.