AM exams tips

[RoccoLee]

Blue or Black pen for the AM exam will be better?
Bullet Points or Sentences to answer the questions?
Just wanna get some tips from you guys. Thanks a lot!

 

[daharmattan1]

First, you should have a great idea, early on, about how concepts are placed on the morning exam.
Second, here’s a list of very common concepts that get tested in the AM section -
Third - you need to practice the IPS questions and required return calculations until you can do them in your sleep. This is a common mistake from Candidates and can derail the whole morning, especially if you tackle the problem first and spend too much time on it.
Fourth - Time is often one of the biggest barriers for Candidates to do well. You should skip around the morning exam and tackle problems you know very well first. Bullets are fine to help save time.
Fifth - It’s important to realize that those grading the exam only grade 1 problem. So if its relevant, you should repeat concepts across the exam, you don’t get bonus points for pulling in new and different concepts every time
Sixth - You should show your work on calculation problems. Partial credit is a thing, and its very helpful.

 

[Arbtrgr]

This is a great resource.
Thank you

 

[meijiblack]

i wrote AM in pencil as I found during mocks that I often have to change my answer frequently
bullet point

 

[S2000magician]

I wrote an article on approaching the Level III exam that may be helpful here: http://financialexamhelp123.com/how-to-approach-the-level-iii-cfa-exam/

 

[RoccoLee]

Am I supposed to write the formula before starting the calculation?

 

[Mace]

Thank you so much S2000magician, your article is gold!

 

[S2000magician]

RoccoLee wrote:Am I supposed to write the formula before starting the calculation?

It can’t hurt.

 

[S2000magician]

Mace wrote:Thank you so much S2000magician, your article is gold!

You’re too kind.

 

[RoccoLee]

Much appreciated, S2000magician!

 

[S2000magician]

My pleasure.