Schweser mocks vs actual exam

CFA General
#1

Recently i have started solving mocks from schweser volume 1 and 2 and my scores are on an average 80%.For CFA L1 i found schweser mocks to be harder than the actual exam.Surprisingly i am finding schweser mocks to be quite “easy” this time around for L2.This should be a reason for happiness but i am getting nervous.

Thus i request all the CFA L3 candidates and CFA charter holders to please suggest me whether the schweser mocks are comparable to the “real” CFA l2 exam.

I know that i will be getting lots of heat from my fellow AF members for posting this thread on “CFA general section” instead of “CFA l2 section” but i have valid reasons:

1)I think most of the charter holders (except say s magician) are more active on “CFA general section” or “Water cooler” as compared to say “CFAL1 or l2” sections.

2)I think my thread on “CFA vs schweser mocks” is a general rather than specific to any particular level ie a L1 /l2 candidate will have the same doubt on comparability of actual CFAI exam and schweser mocks.

#2

Schweser mocks are easier. Download past exams and answers from CFA Institute website and compare.

#3

Schweser exams are a lot more mathematical. The real exam is more conceptual.

#4

You should be good to go with 80% Schweser. Nice position to be in with 53 days left to go. I was scoring low 70% in Schweser, got mid 60% on CFAI and felt I easily passed.

Get your hands on previous CFAI mocks and go through those. They might seem harder but 80% Schweser should translate to a passing CFAI score.

Only thing I can recommend is that you keep some material for the last couple of weeks so you keep everything fresh right before exam time.

Good luck.

#5

Here’s a data point (if my memory serves correct):

89%/88% - Schweser in person mock exam

80%/82% - CFA mock (hard as hell)

10/10 >70% on 2012 Level II exam.

#6

#7

Respect

#8

I have asked my seniors to mail me the CFAI mocks of 2012/2013.

Thanks sir for the kind advice. smiley

#9

I completely agree.Schweser mocks are mostly all about putting numbers in formulas.

#10

Thanks sir for your advice.I have asked my senior friends to mail me some old CFAi mocks.

#11

thats against cfai policy

#12

Violation of ethics on both your parts…you for asking…them for saying yes. Anyway, schweser mocks were easier…towards the end, good thing if you’re getting 80% on them now but as was mentioned, save some for later. Are you guessing a lot though? Or are you getting them from stone cold knowing what to do? The CFAI mock exam was much harder than schweser or the real thing. I got > 70 on the 5 heaviest weighted sections and 50-70 on the other 5.

#13

I plan to finish off with schweser volumes by the end of this week.

I am keeping the CFAI mocks (2012/2013/2014) for the last week before exam.

Hope it works.

#14

Who are these senior friends you keep referring too? Will you have to kill me to tell me?

#15

[original post removed]

#16

[original post removed]

#17

We can’t see your pics.

#18

#19

Senior friends means some one who has already cleared CFA exams.

#20

Some of the mock tests by the scheweser are tougher and some are easier when you start comparing them with your actual exam . It is upto you how you take it. It is really tough to measure the nature of actual exam . There are changes every year .So my advice is that just keep preparing to your level best and donot panic or get nervous . All the best !!