2014 Essay Answers

Gotham, I’m not criticizing or anything, I appreciate you helping out. Just regarding past AM exams, I plan on looking at much of them to get the structure. I just remember older exams at level II and there were pretty big differences the further back you went. Entire item sets could be outside of the current years curriculum, questions are asking things for topics not covered – it was almost counter productive. I don’t want to waste valuable study time.
Just curious if others that took the level III exam if it was helpful doing the 2007 (for example) am session? Part of me feels it’ll help bc you need practice with the exam structure. Sorry for getting off the thread’s original topic but this is something I’ve been wondering about.
 
You wouldn’t be wasting your time if you went back to the 2007 exam. Just don’t spend too much time reading the answer sheet.
 
Tommy83 wrote:
Gotham, I’m not criticizing or anything, I appreciate you helping out. Just regarding past AM exams, I plan on looking at much of them to get the structure. I just remember older exams at level II and there were pretty big differences the further back you went. Entire item sets could be outside of the current years curriculum, questions are asking things for topics not covered – it was almost counter productive. I don’t want to waste valuable study time.
Just curious if others that took the level III exam if it was helpful doing the 2007 (for example) am session? Part of me feels it’ll help bc you need practice with the exam structure. Sorry for getting off the thread’s original topic but this is something I’ve been wondering about.
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By the time you get to taking practice exams, you should be able to tell if something’s irrelevant. There were a few that weren’t relevant from 2007 if I remember correctly, but most were.
 
I did 2006 to 2013 and found it to be extremely useful. One of the most useful parts of my prep.
Some of the older ones with a few irrelevant questions hardly took any time. Spend as much time reviewing the answers as you do writing the papers. Do the more recent ones twice. You’ll notice a change in the 2012,13 & 14 papers. A bit more hardcore and much more time constrained.
Use Arif’s guide to avoid doing questions that are no longer in there, further down in that thread there are a few comments saying that a few other questions weren’t relavant.
 
BestEfforts wrote:
S2000magician wrote:
BrewCityCFA wrote:I am in Milwaukee …
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My condolences.
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Eh.. I’ve always enjoyed my time in MKE. It’s all about bars per capita.
Congrats on the L3 pass; was thinking maybe I’d have a native to bounce ideas off for my own attempt. I’m in WI as well S2000, but it’s not Milwaukee, so your condolences may be more appropriate for myself.
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Milwaukee is actually a great city. I’d encourage everyone to come visit, but yes, you’d probably want to come in Summer/Fall rather than Dec-Mar. Besides being a great city with a ton to do there is actually a pretty large finance community – tons of small/mid size asset management firms.
BestEfforts - Feel free to send me a note if you ever have any questions or want to bounce anything off of me regarding the test!
 
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