Taken last night
7City - 85/120 - 71 %
Taken this afternoon
2003 CFAI Mock - 98/120 - 81.67%
The 7City one was tougher than I thought it would be. They had questions on regression analysis which was left out of the curriculum this year but I actually got those right. They followed a different format where they would have similar questions back to back to back, with just a few data points changed and the questions slightly different. There also was no section on Alternative Investments. I completely bombed their FSA section but got enough in other sections to pass overall.
I decided to take the 2003 mock since I figured that a lot of the material would overlap(it did) plus I just want to see how the CFAI structures their questions. I heard that the mock exams from earlier years were much easier than the real thing and I did score better than I have been on the earlier tests. I didn't do too well on the Econ section on this part though.
Overall, I'm still pleased with my progress. I'm able to see where I need to review but I'm now seeing the same core concepts over and over again presented in different ways which is helping my understanding. I'm going to take my first Schweser mock tomorrow and then review all the sample and mock's I've taken so far and drill in on key topics I need to get stronger at. I'll be using the Thanksgiving weekend to review those topics, and then take at least one full exam simulation(AM/PM) using Schweser. My plan is to work up to take the 2 CFAI mocks next week as my final preparation for the exam.
Feeling good right now, just need to keep my foot to the pedal.
7City - 85/120 - 71 %
Taken this afternoon
2003 CFAI Mock - 98/120 - 81.67%
The 7City one was tougher than I thought it would be. They had questions on regression analysis which was left out of the curriculum this year but I actually got those right. They followed a different format where they would have similar questions back to back to back, with just a few data points changed and the questions slightly different. There also was no section on Alternative Investments. I completely bombed their FSA section but got enough in other sections to pass overall.
I decided to take the 2003 mock since I figured that a lot of the material would overlap(it did) plus I just want to see how the CFAI structures their questions. I heard that the mock exams from earlier years were much easier than the real thing and I did score better than I have been on the earlier tests. I didn't do too well on the Econ section on this part though.
Overall, I'm still pleased with my progress. I'm able to see where I need to review but I'm now seeing the same core concepts over and over again presented in different ways which is helping my understanding. I'm going to take my first Schweser mock tomorrow and then review all the sample and mock's I've taken so far and drill in on key topics I need to get stronger at. I'll be using the Thanksgiving weekend to review those topics, and then take at least one full exam simulation(AM/PM) using Schweser. My plan is to work up to take the 2 CFAI mocks next week as my final preparation for the exam.
Feeling good right now, just need to keep my foot to the pedal.
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2 comments for this post
Nice job on the mock/practice exams. Keep up the good work. I've been researching the possibility of sitting for level 1 in June for months. Your journal is a great motivator and has played a role in convincing me of 1. to sit for level 2. how to prepare and what materials to use.