About Practice exams

gringo_bob wrote:
Are the schweser AM exams that bad? are they not representative of the exam?
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I did now two Schweser and two from CFAI. Found Schweser absolutely ok so far in terms of representativeness. As Greenman sad maybe a little bit harder than the original ones but now, homestly after only 4 mocks, i am not that sure whether i could differentiate between them without knowing.
 
ftwcfa wrote:
In order of priority:
1) CFA AM exams (actual past AM tests) that they make available.
2) CFA PM mock exam that they make available.
3) Schweser PM exams
4) Reworking End of Chaper questions in the CFAI books
5) Browsing through blue box examples in CFAI books
6) Test Trac sample exams
7) Schweser AM exams
I would simulate test day 3-4 times. Sit down and take an old CFAI AM exam, take a lunch break, then take a Schweser afternoon test. That experience should be pretty representative of the real deal.
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Thats good advice. Thanks.
 
Greenman72 wrote:
In my experience last year, Schweser was a bit harder and more drawn out than the official exams. Again–they’re designed to teach you the material. So just because they’re not representative of the exam doesn’t mean you shouldn’t do them.
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Thanks man. what do you mean by drawn out. verbose? or too much fluff? How many timed AM and PM mocks should i do? I am likely to have limited time. So may use mocks and past AM papers for the most part for practice.
I was thinking 2 full exams in timed environment. Rest use for practice.
 
cgottuso8190 wrote:
ftwcfa wrote:
In order of priority:
1) CFA AM exams (actual past AM tests) that they make available.
2) CFA PM mock exam that they make available.
3) Schweser PM exams
4) Reworking End of Chaper questions in the CFAI books
5) Browsing through blue box examples in CFAI books
6) Test Trac sample exams
7) Schweser AM exams
I would simulate test day 3-4 times. Sit down and take an old CFAI AM exam, take a lunch break, then take a Schweser afternoon test. That experience should be pretty representative of the real deal.
Click to expand...
What’s your beef with Schweser AM’s - why so low?
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Schweser AM exam questions were just a little bit off - sometimes the Schweser questions were too specific / nerdy / calculation intensive whereas the CFA questions were a bit higher level & more focused on making sure you understood the concept.
Also the suggested answers for questions seemed to be more succint for the CFA exams than the Schweser AM exams. If you try to mimic the suggested answers for the Schweser exams then you might end up rambling on the actual exam.
I did not think the content of the Schweser AM exams was bad, but I did think that how they prepared you to actually take the test was not quite on point.
 
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