How much of the real exam is calculations?

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oagra

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Did my last Book 6 exam today, got 76%, been getting higher and higher which is always good :D, in my first one about a month ago I got 62%. However I always run out of time, and sometimes guess calculation questions that I know I can do but would take too long. Each exam in Book 6 seems to be quite even in calculation questions and concept questions.

I was wondering if someone who took the exam on Dec could comment on this. I only know one person who took the exam on Dec and he told me that he was surprised how little he actually had to use the calculator. Is this true?
 
hard to put a number on it, but i agree that the actual test last december had signficantly less calculation intensive questions in it. 76 is a good score. i just got a 75 on a book 6 exam. while you were taking this last test, did it feel like you were doing a lot better than your first tests?
 
yes I did, I am so much better than I was 4 weeks ago - the last 4 weeks I practised as many questions as did, I'm currently speding 3/4 of my time doing questions and 1/4 of my time reading the books again.
 
How to improve the ethics questions in Book 6? I always make around 8 wrong most of which appeared from 10th onwards.
 
i don't know what it is. i feel like i should feel good about a 75, and i do, but when i'm taking it, i swear it feels like i'm getting a 50. don't think i can ever get overconfident.
 
Yes, you'll be surprised...your calculator just sits there through much of the exam. You may need it on fixed income (duration/convexity), and you'll probably need to value an equity with DDM, and you'll need it on corpfin (NPV/IRR). However I would say 75% of the questions don't require it, even on crap like quant.
 
thats good to know :D - that means that Book 6 is not really similar to the real deal as for Book 6, the calculator is needed every two questions - sometimes I spend over 5 mins on a long calculation question which is not good. Thanks guys!
 
oagra Wrote:
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> thats good to know :D - that means that Book 6 is
> not really similar to the real deal as for Book 6,
> the calculator is needed every two questions -
> sometimes I spend over 5 mins on a long
> calculation question which is not good. Thanks
> guys!

I don't know how "good" it really is.

I'd much prefer to have a practice book that was markedly similar to the actual exam.

Sometimes concepts are harder than plug and chug.
 
Yes, you'll beg for plug and chug after you get a taste of the weird relationship questions they ask.
 
agreed. i think the real wildcard is ethics because i haven't found that there's a whole lot of consistency going one study product to the next in terms of questions. concept q's are 3x as hard as plug and chug questions, assuming you know your formulas well.
 
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