Should I be worried?

Kyle Smith

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Guys its only 20 days till exam. I was pretty confident after going through the notes, I was sure I understand pretty well. I was wrong after I took the offical AM mock exam. A mere 62% punched me right in the face. And I don’t think i’ll be doing the PM session anytime soon.
After going through all the correct answer analysis. I think some of the questions are way too hard, it takes a lot of twists and tricks to get to the right conclusion while others I’m sure I know how to do but just only realize that after seeing the keys (the questions couldn’t trigger my brain to link them to the right approaches).
I am a bit worried, how is everybody else doing at this point? I believe its either the notes are too easy, or the mock is delibrately designed to let you feel some painful setbacks?
And I just broke up with my GF who I love above everything else in the world, adding the pain.
 
62% is not bad! by end of may, you will hit 70% for sure
keep practising, focus on blue boxes and you will be fine
Cheers!
 
The problem with the cfai mock is that you can’t recheck your answers. So I’d say it is higher than that if you have time left to recheck in the real exam.
 
I’d say at 62 with 3 weeks left, and assuming you work hard and stay focused, you are likely ok. My 1st L2 mock (Schweser) came in at 54, two weeks ahead of the exam last year. I was relentless in the final 2 weeks and got my mocks up to 76. I passed (even if not gloriously). Keep plugging away, study the mock answers carefully and repeat.
PS) I also went through a breakup before the L1 exam so I know how it’s the last thing you need to be happening. Still passed it. Don’t dispair!
 
defacto wrote:
I’d say at 62 with 3 weeks left, and assuming you work hard and stay focused, you are likely ok. My 1st L2 mock (Schweser) came in at 54, two weeks ahead of the exam last year. I was relentless in the final 2 weeks and got my mocks up to 76. I passed (even if not gloriously). Keep plugging away, study the mock answers carefully and repeat.
PS) I also went through a breakup before the L1 exam so I know how it’s the last thing you need to be happening. Still passed it. Don’t dispair!
Thank you, it helps. Good luck to you too.
 
Hopefully the breakup wasn’t because of all the studying for the exams! I’ve heard that’s more common than not. Try not to think about that and just crush it for the next few weeks.
 
DeFacto,
Are you truly saying that you got a 54 two weeks prior to the exam and still passed?!?!? That is…..lovely to hear
A couple questions for you, DeFacto
1) I personally am finding the CFAI topic test to be WAYYYY harder than the kaplan schweser tests…is this normal?
2) I am thinking about “punting” one of the 4 “5-10%” topics. I am choosing between alternative investments, econ, quant, and portfolio mgmt. which one do you think has the greatest chance of being ONLY ONE item set and not two? I ask because each of those sections says that its worth 5-10 percent, which means that it could be two item sets and not only one……
 
Tommyjohn
1) CFAI topic tests are harder than Q-Bank at the very least. But I thought they were harder than the actual test. I found the L2 Schweser mock much harder than the CFAI mock, and found the exam *slightly* easier than both.
2) Strategically, I’d skip the one I’m most comfortable in. In my case it was quant because of my econometrics background. I didn’t spend a lot of time and did well. That said, I’d try to at least cover the summaries and at least try to memorize 2-3 concepts, who knows whether those could be a deal breaker…
 
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