Post your CFA MOCK Results here

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Trade4u100

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Apr 28, 2013, 3:48:09 PM4/28/13
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Hi all,

It would be good to see how we are all doing with the CFA Past mocks.

I will kick things off.

CFA MOCK 2010: I got 65% in the 2010 am paper

Thanks

ammarm89

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Apr 28, 2013, 4:50:40 PM4/28/13
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Took the 2010 AM exam, got 70%, I haven't read any ethics yet and got 4 of those questions wrong. Im saving the 2013 mock exam for the last week. 

vaibhav aggarwal

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Apr 28, 2013, 8:59:33 PM4/28/13
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How are CFA mock exams difficulty vs arif sir quiz ?


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Lijo Jose

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Apr 29, 2013, 7:48:53 AM4/29/13
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Also, how is the Cfa mock difficulty vs the real thing, anyone?



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vaibhav aggarwal

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Apr 29, 2013, 7:51:35 AM4/29/13
to Lijo Jose, ammarm89, 2013-cfa-le...@googlegroups.com
but how u checking scores? syllabus varies a lot?

Lijo Jose

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Apr 29, 2013, 9:35:58 AM4/29/13
to vaibhav aggarwal, ammarm89, 2013-cfa-le...@googlegroups.com
As far as I have heard the mocks have few nuances thrown in that makes it a notch harder than the real exam. Has anyone had this experience (or vice versa!)



Trade4u100

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May 6, 2013, 6:12:57 PM5/6/13
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Hi guys,

I just had a look on Analyst forum and some people were saying they were getting in the high 80's and 90's when doing the mocks.

At the moment I am getting in the high 60's and low 70's...... I am just wondering how this is comparing to others?

What do I make of these scores ??????

CFA Prep

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May 6, 2013, 11:08:34 PM5/6/13
to 2013 CFA Level 2 Group
Hi, I was trying to solve questions from the cfa movk exam 2013 and felt that there were too many tricks and nuances involved.I mean  I found it difficult to sift the relevant information.I have solved all examples and movk from the original curriculum and schweser but I was stumped in the mock.Has anybody else had the same experience?Is the real exam this difficult too? A reply will be extremely helpful. Thanks

vaibhavapj

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May 7, 2013, 7:10:42 AM5/7/13
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I got 64% in CFA mock 2012.
FRA- 55% , Ethics-50% , Equity-59%, Derivatives- 92% , FI- 83% , Portfolio- 62% , Corp finance- 75% , QT- 66%. I did not do economics set.

Arif sir please help. How to do Equity/FRA and ethics. I found it very tough in CFA 2012 mock
सोमवार, 29 अप्रैल 2013 1:18:09 am UTC+5:30 को, Trade4u100 ने लिखा:

vaibhavapj

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May 9, 2013, 2:28:45 PM5/9/13
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CFA 2012 Mock - 64%

सोमवार, 29 अप्रैल 2013 1:18:09 am UTC+5:30 को, Trade4u100 ने लिखा:
Hi all,

Daniel Malheiros

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May 11, 2013, 9:02:16 PM5/11/13
to vaibhavapj, 2013-cfa-le...@googlegroups.com
Cfa mock 2012 60%. So disappointed. Too many trick questions. I also think that the mock is harder than EOC questions.  How is mock compared to exam? I'm really worried. 
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vaibhav aggarwal

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May 11, 2013, 10:26:43 PM5/11/13
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gave CFA 2011 mock

Got 67%

vaibhavapj

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May 12, 2013, 11:46:15 AM5/12/13
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Scored 74% in CFA 2009 Mock

vaibhavapj

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May 13, 2013, 1:58:31 AM5/13/13
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Got 75% in CFA 2010 afternoon session mock

So average in 2010 mock is now 70%

Will now do questions in scswer mock tests on equity+FRA+ Derivatives .

सोमवार, 29 अप्रैल 2013 1:18:09 am UTC+5:30 को, Trade4u100 ने लिखा:
Hi all,

Andrei Radu

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May 14, 2013, 4:34:27 PM5/14/13
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Guys, 
Could anybody share with me an earlier mock exam please? i.e. 2012 and/or 2011
Many thanks

Karan Aggarwal

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May 14, 2013, 10:51:38 PM5/14/13
to 2013 CFA Level 2 Group
PLZ CLEAR ALL THE MODELS  THAT WE USE GIVE ACTUAL INTRINSIC VALUE OR ANALYSTS ESTIMATE OF INTRINSIC VALUE OR PRICE ??


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Andrei Radu

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May 15, 2013, 4:34:01 PM5/15/13
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cfa mock 2012: 70.3% afternoon session (without economics) & 60% morning
i found morning session a killer 


miercuri, 15 mai 2013, 04:51:38 UTC+2, aggarwal.karan13 a scris:
PLZ CLEAR ALL THE MODELS  THAT WE USE GIVE ACTUAL INTRINSIC VALUE OR ANALYSTS ESTIMATE OF INTRINSIC VALUE OR PRICE ??
On Wed, May 15, 2013 at 2:04 AM, Andrei Radu <a.andr...@gmail.com> wrote:
Guys, 
Could anybody share with me an earlier mock exam please? i.e. 2012 and/or 2011
Many thanks

duminică, 28 aprilie 2013, 21:48:09 UTC+2, Trade4u100 a scris:
Hi all,

It would be good to see how we are all doing with the CFA Past mocks.

I will kick things off.

CFA MOCK 2010: I got 65% in the 2010 am paper

Thanks

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Arif Irfanullah

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May 16, 2013, 12:15:51 AM5/16/13
to Andrei Radu, 2013 CFA Level 2 Group
If you go through  the solution and still have issues  let me know.  


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Arif Irfanullah
 

Andrei Radu

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May 16, 2013, 4:56:58 AM5/16/13
to Arif Irfanullah, 2013 CFA Level 2 Group
Thank you! there is an issue with questions 32 and 34 afternoon session:

both questions ask for the value of equity: under CCM @ q 32 and under EV/EBITDA multiple approach @ q 34, 

however: 

Q32: the Value of debt is computed as A/P+ Notes Payables + LT Debt, while the Cash is not added to the EV
Q34: the Value of debt is computed as only LT Debt, shile the Cash on BS is added to the EV
 
it is a bit confusing i think 

vaibhav aggarwal

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May 16, 2013, 4:59:57 AM5/16/13
to Andrei Radu, Arif Irfanullah, 2013 CFA Level 2 Group
Yeah even i am confused
EV will include total debt or only long term debt

Andrei Radu

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May 16, 2013, 5:01:12 AM5/16/13
to vaibhav aggarwal, Arif Irfanullah, 2013 CFA Level 2 Group
as a personal point of view and from my experience I always used interest bearing debt, hence A/P not included 

CFA Prep

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May 17, 2013, 1:59:35 AM5/17/13
to Andrei Radu, vaibhav aggarwal, Arif Irfanullah, 2013 CFA Level 2 Group
In the CFA Mock Exam 2013 Afternoon Session...in question no. 53, the GTM method is being used but still they are using the 30% control premium whereas control premium should not be used for GTM and should only be used for GPCM, because in GTM the multiples reflect acquisition of total equity and so no control premium should be included. Is the solution in the mock incorrect? I am referring to example 6 on page 451(equity) when I say no control premium is necessary. Please guide me Sir. Thanks

Joe Chen

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May 17, 2013, 4:34:38 PM5/17/13
to 2013-cfa-le...@googlegroups.com, Andrei Radu, vaibhav aggarwal, Arif Irfanullah
I was going to ask the same question. Please shed some lights here. Thanks,
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Regards,
Arif Irfanullah
 

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vaibhavapj

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May 18, 2013, 1:23:39 PM5/18/13
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Gave CFA mock conducted by CFA india society today.

Got 51%. Totally butchered.

सोमवार, 29 अप्रैल 2013 1:18:09 am UTC+5:30 को, Trade4u100 ने लिखा:
Hi all,

Andrei Radu

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May 18, 2013, 5:24:23 PM5/18/13
to vaibhavapj, 2013 CFA Level 2 Group
I had mock exam 2011 morning and I marked again 60%; it found it quite complicated. 

in addition on the Meredith Whitney Case Scenario (derivatives) questions 8 / 10 / 11 are related with Exhibit 2, which contains mistakes in notation (I lost around 20 minutes on this): the terms structure of interest rates should be at 45 / 135 / 225 / 315 days and not at 90 / 180 / 270 / 360 days.   


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Andrei Radu

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May 18, 2013, 5:29:53 PM5/18/13
to vaibhavapj, 2013 CFA Level 2 Group
and I find the questions 10 x harder than the curriculum practice questions 

Keith Zaccaria

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May 19, 2013, 7:03:33 AM5/19/13
to Andrei Radu, vaibhavapj, 2013 CFA Level 2 Group
In the 2009 mock afternoon question 30, why do they mutlply the project by 50% debt when the question says 40% debt funding? 

Andrei Radu

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May 19, 2013, 8:24:21 AM5/19/13
to Keith Zaccaria, vaibhavapj, 2013 CFA Level 2 Group
I marked 73% on the 2011 afternoon exam, where I found some questions quite demanding and time consuming; Hence:

2012 mock: 60% in the morning and 70% afternoon
2011 mock: 60% morning, 73 % afternoon

some conclusions, after two mocks: 

 - one of the sessions (morning or afternoon) may be more demanding than the other one
 - half of the questions are accessible, while the second half are more trickier  

any opinions on my remarks will be very much appreciated

Andrei Radu

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May 19, 2013, 10:29:30 AM5/19/13
to Keith Zaccaria, vaibhavapj, 2013 CFA Level 2 Group
2011 mock afternoon some issues: 

Question 51, calculation of fcfe: Reading the answer: the Net Increase in WCap includes the variation of Cash accounts and Notes Payables; is this correct?

Questions 58 and 60: may need some further explanation



On Sun, May 19, 2013 at 1:03 PM, Keith Zaccaria <keithz...@gmail.com> wrote:

Abu Muhammad Fahad

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May 19, 2013, 10:50:42 AM5/19/13
to Andrei Radu, 2013-cfa-le...@googlegroups.com, vaibhavapj, Keith Zaccaria

Have only given one mock which was taken by cya society Pakistan... Miserably failed.... 51%

ammarm89

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May 19, 2013, 11:38:41 PM5/19/13
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CFA MOCK 2012 Morning - 61% (this one was tricky as hell)
CFA MOCK 2012 Afternoon - 74% (this one felt harder, material wise)

I finished both sessions like 40 mins early, a very good technique is to skip questions that you don't know, just guess and come back to them later, so instead of wasting 10 mins on something you prob cant figure out anyways you will have time for the time-consuming questions that you do know. This also keeps your confidence high and limits frustration which can be a key factor. For example if you see a complicated question on swap valuations just guess and come back to it later. One set back to this is I find the extra time I go back and review my answers I end up changing more right answers to wrong ones than wrongs ones to right. 


On Sunday, April 28, 2013 3:48:09 PM UTC-4, Trade4u100 wrote:

Sahar merchant

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May 20, 2013, 1:43:08 PM5/20/13
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questions:

CFAI 2013 M: Q8, 13, 50, 58, 59 (for Armishaw's assumption, why is the RI from 2022 used while fo Stacks, RI for 2023 (RI for 2022 *(1+g)) used? and then why is the diffrenece discounted back 10 years and not 9 years?)
CFAI 2013 A: Q7, 8, 9, 10

2010 A CFAI PAST MOCK: Q13, 26,27,31,32,54

Mehreen Amanullah

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May 21, 2013, 12:32:56 AM5/21/13
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Sir can you please explain CFAI 2011 A Ques 51. I can't understand that why are we subtracting increase in notes payable from net borrowing and why is cash being included in Working Capital Calculation.


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shah.n.amar

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May 21, 2013, 12:47:08 AM5/21/13
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Just finished 2012 mock am 68% pm 54%.  Has anyone taken the $40 each quiz through the CFAi?
-Amar

Andrei Radu

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May 21, 2013, 11:13:18 AM5/21/13
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cfa mock 2009: 
 
- 72% morning exam (1 study case not covered as being not relevant, as per Arif's guidance); 

- 77% afternoon exam (2 study cases not covered)

As a personal high level remark: I found 2009 mock exam much easier than 2012 one (which was a killer for me); 


duminică, 28 aprilie 2013, 21:48:09 UTC+2, Trade4u100 a scris:

vaibhav aggarwal

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May 21, 2013, 11:50:19 AM5/21/13
to Andrei Radu, 2013-cfa-le...@googlegroups.com
Hey
u r on fire. I am scared of giving 2013 mock listening to people how hard it is


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Andrei Radu

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May 21, 2013, 12:59:50 PM5/21/13
to 2013 CFA Level 2 Group
some questions on mock 2009:

morning: 42, 50, 59
afternoon: 23, 24, 25, 30 (why not Wcap also, and why 1/2 and not 0.4 target ratio), 45, 46  

thank you 


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Faizan Anwer

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May 21, 2013, 2:16:35 PM5/21/13
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Got a 56% and 74% in the 2012 morning and afternoon paper respectively. First mocks I've given so no clue if the progress is could.

The morning paper was exceptionally tough and very confusing.
------Original Message------
From: Andrei Radu
To: 2013-cfa-le...@googlegroups.com
Subject: Re: Post your CFA MOCK Results here
Sent: May 21, 2013 9:59 PM


some questions on mock 2009:


morning: 42, 50, 59
afternoon: 23, 24, 25, 30 (why not Wcap also, and why 1/2 and not 0.4 target ratio), 45, 46  


thank you 



On Tue, May 21, 2013 at 5:13 PM, Andrei Radu <a.andr...@gmail.com <mailto:a.andr...@gmail.com> > wrote:


cfa mock 2009: 
 
- 72% morning exam (1 study case not covered as being not relevant, as per Arif's guidance); 


- 77% afternoon exam (2 study cases not covered)


As a personal high level remark: I found 2009 mock exam much easier than 2012 one (which was a killer for me); 



duminica, 28 aprilie 2013, 21:48:09 UTC+2, Trade4u100 a scris:Hi all,

It would be good to see how we are all doing with the CFA Past mocks.
I will kick things off.
CFA MOCK 2010: I got 65% in the 2010 am paper
Thanks





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Regards, Syed Faizan Anwer

Sahar merchant

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May 21, 2013, 9:57:21 PM5/21/13
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questions:

CFAI 2013 M: Q8, 13, 50, 58, 59 (for Armishaw's assumption, why is the RI from 2022 used while fo Stacks, RI for 2023 (RI for 2022 *(1+g)) used? and then why is the diffrenece discounted back 10 years and not 9 years?)
CFAI 2013 A: Q7, 8, 9, 10

2010 A CFAI PAST MOCK: Q13, 26,27,31,32,54
2010 M CFAI PAST MOCK: Q32,33,39,41,44,

2012 A CFAI PAST MOCK: Q17(what if the investment was treated as HTM)?, 16, 24(how would the answer differ if this company was following IFRS?), 32, q35(how does increased WC overestimate CFO?), 44(in the slution, why is z4 added as 0.0149 and not 0.9149?)

vaibhav aggarwal

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May 21, 2013, 10:00:42 PM5/21/13
to Sahar merchant, 2013-cfa-le...@googlegroups.com
I think we will need 2-3 hr video on all mock complicated questions :)


On Wed, May 22, 2013 at 7:27 AM, Sahar merchant <s4me...@gmail.com> wrote:
questions:

CFAI 2013 M: Q8, 13, 50, 58, 59 (for Armishaw's assumption, why is the RI from 2022 used while fo Stacks, RI for 2023 (RI for 2022 *(1+g)) used? and then why is the diffrenece discounted back 10 years and not 9 years?)
CFAI 2013 A: Q7, 8, 9, 10

2010 A CFAI PAST MOCK: Q13, 26,27,31,32,54
2010 M CFAI PAST MOCK: Q32,33,39,41,44,

2012 A CFAI PAST MOCK: Q17(what if the investment was treated as HTM)?, 16, 24(how would the answer differ if this company was following IFRS?), 32, q35(how does increased WC overestimate CFO?), 44(in the slution, why is z4 added as 0.0149 and not 0.9149?)

On Monday, May 20, 2013 1:43:08 PM UTC-4, Sahar merchant wrote:
questions:

CFAI 2013 M: Q8, 13, 50, 58, 59 (for Armishaw's assumption, why is the RI from 2022 used while fo Stacks, RI for 2023 (RI for 2022 *(1+g)) used? and then why is the diffrenece discounted back 10 years and not 9 years?)
CFAI 2013 A: Q7, 8, 9, 10

2010 A CFAI PAST MOCK: Q13, 26,27,31,32,54

On Sunday, May 19, 2013 11:38:41 PM UTC-4, ammarm89 wrote:
CFA MOCK 2012 Morning - 61% (this one was tricky as hell)
CFA MOCK 2012 Afternoon - 74% (this one felt harder, material wise)

I finished both sessions like 40 mins early, a very good technique is to skip questions that you don't know, just guess and come back to them later, so instead of wasting 10 mins on something you prob cant figure out anyways you will have time for the time-consuming questions that you do know. This also keeps your confidence high and limits frustration which can be a key factor. For example if you see a complicated question on swap valuations just guess and come back to it later. One set back to this is I find the extra time I go back and review my answers I end up changing more right answers to wrong ones than wrongs ones to right. 

On Sunday, April 28, 2013 3:48:09 PM UTC-4, Trade4u100 wrote:
Hi all,

It would be good to see how we are all doing with the CFA Past mocks.

I will kick things off.

CFA MOCK 2010: I got 65% in the 2010 am paper

Thanks

--

Andrei Radu

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May 23, 2013, 2:44:37 PM5/23/13
to 2013-cfa-le...@googlegroups.com
cfa mock 2010: 70% morning and 61% afternoon

However on Castle Enterprise Case scenario, afternoon session (q55-q60), I believe the first 4 questions are not relevant at all as they are dealing with withholding taxes and ETFs (discussed in the "Markets and Instruments" chapter from the Equity 2010 curriculum) and which are not covered in 2013. 
Please correct me if I am wrong. 

vaibhav aggarwal

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May 23, 2013, 11:17:15 PM5/23/13
to ammarm89, 2013-cfa-le...@googlegroups.com
Got 64% in CFA mock 2013 with 68% in morning and 60% in evening
Terribly dissapointed and not much hope left now


On Mon, Apr 29, 2013 at 2:20 AM, ammarm89 <amma...@yahoo.com> wrote:
Took the 2010 AM exam, got 70%, I haven't read any ethics yet and got 4 of those questions wrong. Im saving the 2013 mock exam for the last week. 


On Sunday, April 28, 2013 3:48:09 PM UTC-4, Trade4u100 wrote:
Hi all,

It would be good to see how we are all doing with the CFA Past mocks.

I will kick things off.

CFA MOCK 2010: I got 65% in the 2010 am paper

Thanks

--

shah.n.amar

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May 24, 2013, 12:49:13 AM5/24/13
to 2013-cfa-le...@googlegroups.com
Someone on AF said that there is going to be an errata for the 2013 Mock.  I just checked and didn't see anything.  But keep an eye out.
-Amar  

Arif Irfanullah

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May 25, 2013, 11:05:18 AM5/25/13
to 2013-cfa-le...@googlegroups.com
Today 17 people took the 2013 Level II Mock Exam at the IFT Center in Karachi. The score ranged between 50% and 65%. I'd say this is one of the toughest mocks in recent years.  
 
Do not let the result bring you down. Think positive and work hard. I'm sure the actual exam will be be better.

Troy Marchand

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May 25, 2013, 11:23:28 AM5/25/13
to Arif Irfanullah, 2013-cfa-le...@googlegroups.com
2011 mock is insanely harder, IMO.

Sent from my iPhone
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vaibhav aggarwal

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May 25, 2013, 12:11:13 PM5/25/13
to Arif Irfanullah, 2013-cfa-le...@googlegroups.com
Thanks sir
this is such a relief to hear


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ammarm89

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May 25, 2013, 9:22:11 PM5/25/13
to 2013-cfa-le...@googlegroups.com, Arif Irfanullah
2011 Morning - 68
2011 Afternoon - 73

2013 Morning - 65
2013 Afternoon - 65 

2013 one was crazy difficult. By far the hardest CFA mock I have taken so far. I also realize how important it is the get the questions that you know right and not to make silly mistakes. On the 2013 one I got frustrated at some points and this frustration carried over to some of the easier questions that I got wrong because of reading too fast or missing something super obvious...This one also took me much longer than usual as well, barely finished the afternoon with 5 mins to spare. 


On Saturday, May 25, 2013 12:11:13 PM UTC-4, vaibhavapj wrote:
Thanks sir
this is such a relief to hear
On Sat, May 25, 2013 at 8:35 PM, Arif Irfanullah <arif.ir...@gmail.com> wrote:
Today 17 people took the 2013 Level II Mock Exam at the IFT Center in Karachi. The score ranged between 50% and 65%. I'd say this is one of the toughest mocks in recent years.  
 
Do not let the result bring you down. Think positive and work hard. I'm sure the actual exam will be be better.




On Monday, April 29, 2013 12:48:09 AM UTC+5, Trade4u100 wrote:
Hi all,

It would be good to see how we are all doing with the CFA Past mocks.

I will kick things off.

CFA MOCK 2010: I got 65% in the 2010 am paper

Thanks

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vaibhav aggarwal

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May 25, 2013, 10:41:18 PM5/25/13
to ammarm89, 2013-cfa-le...@googlegroups.com, Arif Irfanullah
You are right ammarm i learnt we have to move on and not get bogged down 1-2 caselets.
I did many mistakes in 2013 as i just gave up seeing a few caselets
so 65-65% looks a decent score on this


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lalit gupta

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May 28, 2013, 8:24:43 PM5/28/13
to vaibhav aggarwal, ammarm89, 2013-cfa-le...@googlegroups.com, Arif Irfanullah
Hi All,

Just wondering if Arif sir has posted any video for mock exam questions. Especially for 2013 Mock exam??

Your Response is greatly appreciated.

Thanks guys!
Lalit

Amar N. Shah

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May 28, 2013, 8:38:40 PM5/28/13
to lalit gupta, vaibhav aggarwal, ammarm89, 2013-cfa-le...@googlegroups.com
Hey guys/ladies,

I found 2009 & 2010 a lot easier than 2012 & 2013.  Did anyone else feel the same way? 

 I think we should get a list of ways to help shift through the item set to get the correct information that we need( i.e. avoid the distractions). Since I am slowing down to RTFQ, I am having huge time issues, I spent 1 hour and 9 min on 6 items sets two days ago and over 1 hour on 3 item sets yesterday.

Any tips would be appreciated.  

Amar 


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ammarm89

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May 28, 2013, 9:48:42 PM5/28/13
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Yeah the 09-10 versions were way simpler. The best way to do the questions for me seems to be the strategy Arif explained. Read the first question and then start reading teh item set until you find the answer, then read the second question, and so on. You have to be careful with some of the questions spanning over a few pages and missing a small detail, that may be on the edge or a chart that continues over to the second page. Also read the small print on charts they contain valuable info sometimes. One thing I do to save time is I am having trouble understanding a questions or If i just did a huge computation and the answer didn't show up Ill just mark the closest one or the one that I presume is right and move on. Don't waste time on long ass problems. Don't waste time trying to reason through some questions you don;t understand either. Just put down any answer and put a question mark on you questions sheet and come back to it later. Do your work neatly and logically next to the question so if you finish early you can go back and get a fresh look at it, maybe catch something you forgot. I also find it helps to jot down the equation next to the question also, to avoid easy mistakes. I don't know how good your English is but I am very fluent and this helps me cut through some of the jargon and wording nuances quickly. Last thing is sometimes on questions with 2 or 3 parts if you figure out one answer it eliminates the others. 
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ammarm89

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May 28, 2013, 9:55:43 PM5/28/13
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Another tip is to reverse engineer. This will actually eat up time but if you finish early and there's a question your stumped at, look at the answers and and use them to your advantage. You know one of them has to be right so sometimes you can go down the choices and plug in the answers to your formula to see what works. Iv'e done this with some questions regarding confidence intervals where I couldn't figure out the standard errors, and some of the real estate valuation questions. 

Nilesh Fernando

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May 28, 2013, 10:16:51 PM5/28/13
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This might be a silly question, late in the game but where do you find the older Mocks exams ?

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Andrei Radu

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May 29, 2013, 8:39:36 AM5/29/13
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I dont know what happens but just tried to solve some Schweser practice questions from their Practice Exams book. I did not study after Schweser but only from Arif's videos and curricullum. 

I find them very difficult and misleading, even harder than CFA mocks. 

Is this normal?
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vaibhav aggarwal

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May 29, 2013, 8:41:03 AM5/29/13
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i found equty in scswer mocks very very easy vs cfa mocks

Faizan Anwer

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May 29, 2013, 9:47:47 AM5/29/13
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I have faced the same issue as well during level 1 & 2. I think its because schweser questions generally have a different style of questioning, which we are used to and have practiced the curriculum questions.

Just my opinion but I guess its simply a matter of getting used to something. Should be much to worry about.
Regards, Syed Faizan Anwer

-----Original Message-----
From: Andrei Radu <a.andr...@gmail.com>
Date: Wed, 29 May 2013 12:39:36
To: <fernand...@gmail.com>
Cc: <amma...@yahoo.com>; <2013-cfa-le...@googlegroups.com>; <stylis...@gmail.com>; <vaibh...@gmail.com>
Subject: Re: Post your CFA MOCK Results here

I dont know what happens but just tried to solve some Schweser practice questions from their Practice Exams book. I did not study after Schweser but only from Arif's videos and curricullum. 


I find them very difficult and misleading, even harder than CFA mocks. 


Is this normal?

On 29 May 2013, at 04:16, Nilesh Fernando <fernand...@gmail.com <mailto:fernand...@gmail.com> > wrote:

This might be a silly question, late in the game but where do you find the older Mocks exams ?

Hey guys/ladies,

Amar 


Thanks guys!
Lalit

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Faizan Anwer

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May 29, 2013, 9:51:30 AM5/29/13
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I have faced the same issue as well during level 1 & 2. I think its because schweser questions generally have a different style of questioning, which we "aren't" used to and have practiced the curriculum questions.

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Amar N. Shah

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May 29, 2013, 10:54:57 AM5/29/13
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I also agree, that it is just a matter of who wrote the questions.  At work a common theme that I hear is that 60% of the question will be conceptual and straight forward( some say like Schweser).  Its the other 40% that are hard and time hogs( like the CFAi mock) which will make people have passing scores.   

No one knows for sure.  So I think in the last 3 days all you can really do is not be negative at anything or feel you should be doing something else.  We have all worked really hard and we should all have a very high level of confidence going into the test. Regardless if its true or not.

-Amar
    

 


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Andrei Radu

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May 29, 2013, 11:22:08 AM5/29/13
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Guys,

How are you these last days? 

I am totally fed up with everything and just trying to read at least some examples. 

Not too successfull I must say. 

vaibhav aggarwal

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May 29, 2013, 11:24:47 AM5/29/13
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Total disastrous news from office has struck me now :(

Lijo Jose

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May 29, 2013, 12:50:44 PM5/29/13
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Sorry to hear that. Hope it turns out ok.

Until Friday afternoon my plan is to do as many mocks as I can find. I've given up trying to learn brand new concepts, instead focusing on practicing what I know and brushing up on what I know only half well. To say the least I'm knackered.. but if 30 more hours of slogging these last days means I don't have to do 300 hours next yr then so be it!



vaibhav aggarwal

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May 30, 2013, 7:03:39 AM5/30/13
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A positive thought- Almost 20,000 people will pass the exam. We just need to be 1 of those 20,000

Lijo Jose

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May 30, 2013, 2:14:12 PM5/30/13
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What is everyone doing tomorrow? My plan is to skim my notes till 2pm and then rest. I plan to get a haircut after and a shave because now I look like a hermit, and then  have a large pizza and watch a comedy show on TV. 

Then I will go buy a pencil and stare at it for a while.



Jeff Eshleman

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May 30, 2013, 2:40:07 PM5/30/13
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Read the quicksheet and not have another care in the world 

Reha Vashist

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May 30, 2013, 2:43:29 PM5/30/13
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Going out to watch movie and for a shopping spa and Yes i stared on pencil today itself :)
WITH REGARDS
REHA VASHIST

Andrei Radu

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May 30, 2013, 3:01:09 PM5/30/13
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That's a nice one! :) 

Be careful and shave well, I heard there will be somebody checking this. 

I will probably listen some ethics during the morning and than all afternoon watch the Seinfeld comedy TV series; Kramer character makes it all  

Cheers from Luxembourg my friends, 

Andrei 

Amar N. Shah

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May 30, 2013, 3:47:05 PM5/30/13
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I am getting a large pizza too! Plan to do ethics for an hour, clean the house and errands.  I will be going to he gym at 6 pm, 8pm getting a large pizza and some beer, and @ 10 then pass the F out.

Also @ Andrei " I heard somebody checking this"  Meaning you should look like the picture in your passport or like someone is watching this email string?

-Amar  

Andrei Radu

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May 30, 2013, 3:58:22 PM5/30/13
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dot worry about this
just look good
and confident 

Abu Muhammad Fahad

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May 30, 2013, 3:59:46 PM5/30/13
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I plan on going through every formula then watch hensel and Gretel... For some reason guys I am unable to recall the formulae in time

ammarm89

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May 30, 2013, 6:02:32 PM5/30/13
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Pulling an all nighter tonight, studying formulas and Quicksheet til 2. Then calling some chicks to see if I can get some extra stress relief. Then gather my stuff for Saturday (passport, calculator and ticket), watch Louie on Netflix till I knock. Also going to take all my CFA notes and poutting them in a big box and locking them in my basement, hopefully forever! On CFA day im going to have a powerbar and a fruit smoothie in the morning, that's it. 
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Reha Vashist

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May 30, 2013, 9:29:19 PM5/30/13
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Good Luck every one Just ACE IT !


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REHA VASHIST

Lijo Jose

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May 31, 2013, 9:16:33 AM5/31/13
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Good luck all! 
P.s. I was just revising the entire thing with my notes I had made using Arif sir's videos, with a friend who went for Schweser evening classes. He made an observation that Arif sir's videos are far more thorough than his classes. Basically we are all going to pass! 



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Andrei Radu

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May 31, 2013, 12:16:24 PM5/31/13
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Guys. I am done studying!
May the force be with you. 

Abu Muhammad Fahad

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Jun 2, 2013, 3:43:02 PM6/2/13
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So ammar did that work for u

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ammarm89

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Jun 2, 2013, 3:45:34 PM6/2/13
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Yes, worked like a charm. Went to sleep at 8 on friday woke up at 5 and had plenty of energy for teh test. 

Andrei Radu

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Jun 2, 2013, 4:33:24 PM6/2/13
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So guys
Any after party feedback?
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Faizan Anwer

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After party feedback? Its been 32hrs since the exam ended and the party/after-party still hasn't ended. Still trying to figure out how I'll manage the monday blues tomorrow at work. :)
Regards, Syed Faizan Anwer

-----Original Message-----
From: Andrei Radu <a.andr...@gmail.com>
Date: Sun, 2 Jun 2013 20:33:24
To: <amma...@yahoo.com>
Cc: <2013-cfa-le...@googlegroups.com>; <amma...@yahoo.com>; <lijo...@yahoo.com>; <vaibh...@gmail.com>; <stylis...@gmail.com>; <fernand...@gmail.com>; <shah....@gmail.com>
Subject: Re: Post your CFA MOCK Results here

So guys
Any after party feedback?


-Amar  


Andrei 


Guys,


-Amar
    


 


Is this normal?

Hey guys/ladies,

Amar 


Thanks guys!
Lalit

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Raza Rashid

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Jun 2, 2013, 5:26:07 PM6/2/13
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I am still in the after the exam feeling bad phase... Exam acchaa nahin hoaa n this n all that... Kaash aur samajh karr parr liyaa hotaaa... I can't even say kaisaa hoaa about the second session...

Sent from my BlackBerry® Smartphone provided by Ufone

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Faizan Anwer

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Jun 2, 2013, 5:34:50 PM6/2/13
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Listen Raza.. Second session was literally, insanely tough (atleast for me)... So no point dwelling over it. You have two months of fool's paradise before the result comes out. Enjoy your time. Have fun. Go crazy. Whatever catches your fancy. Atleast that's my belief. Enjoy bliss while it is still bliss and doesn't turn into reality.

So have fun bro. And to everyone out there. Fool's paradise.... Is amazing. Party it out, enjoy while it last. That's all I'm doing. I'll worry about the result WHEN it comes out, be it re-taking level 2 or facing level 3.

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Daniel Malheiros

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Jun 2, 2013, 7:30:19 PM6/2/13
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Guys what colour was the second session? Orange? I had really problems with derivatives, quant, alt. other areas like eco, ethics I have no idea how I did. Anyway I completely agree with Faizan we can't worry about the exam right now. Let at least try to relax. Good luck for all of you. 

Daniel Malheiros

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Jun 2, 2013, 8:16:35 PM6/2/13
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Guys what colour was the second session? Orange? I had really problems with derivatives, quant, alt. other areas like eco, ethics I have no idea how I did. Anyway I completely agree with Faizan we can't worry about the exam right now. Let at least try to relax. Good luck for all of you. 

On Sunday, June 2, 2013, Faizan Anwer wrote:

Abu Muhammad Fahad

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Jun 2, 2013, 9:22:34 PM6/2/13
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Afternoon was pretty tricky

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Abu Muhammad Fahad

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Jun 2, 2013, 9:23:24 PM6/2/13
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Faizan I haven't been able to sleep properly for the last two nights... Still feel like I am in the trance of cfa

vaibhav aggarwal

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Jun 2, 2013, 10:02:15 PM6/2/13
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I think i will pass :)

Abu Muhammad Fahad

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Jun 2, 2013, 10:15:07 PM6/2/13
to vaibhavapj, ammarm89, lalit gupta, Nilesh Fernando, 2013-cfa-le...@googlegroups.com, Lijo Jose, Andrei Radu, Amar N. Shah

Now that's the spirit... Any comments on the afternoon session

Vassil I

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Jun 2, 2013, 11:41:35 PM6/2/13
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I wrote the level 2 exam in Toronto and it felt like a test of endurance - the room was freezing and u spent 6 hours there. Also the highway exit to the testing centre was so slow and congested that people left their cars on the side of the road and walked that last bit. It was all on the news too.  As for the test i also found the morning portion be much trickier... Good luck to alll!

Andrei Radu

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Jun 3, 2013, 3:43:51 AM6/3/13
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Guys, another 2 persons here (I and a girl that I met on the exam day) agree that the afternoon session was pretty tough

ammarm89

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Jun 3, 2013, 5:08:56 AM6/3/13
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Agreed, second half was much harder. On another note. now that I have free time don't know what to do what myself. Have been studying for the last 10 months for level 1 in December and level 2  now. Might have to start making new friends cause Ive lost contact with most of my old ones... Gotta pick up a hobby or something

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Lijo Jose

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Jun 3, 2013, 5:19:43 AM6/3/13
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Start studying for level 3! Haha.. Only kidding. You deserve a proper break.

I still can't figure out which one was harder. There were few cheeky questions in the morning I felt but overall it was better than expected. Only time will tell. 



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vaibhav aggarwal

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Jun 3, 2013, 5:31:09 AM6/3/13
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Ethics was ambigious

Andrei Radu

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Jun 3, 2013, 5:50:49 AM6/3/13
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Guys i would consider asking the CFA institute on a particular LOS in the derivatives that I am not sure that I understand. Any comments much appreciated: 

 " c. explain and evaluate the assumptions underlying the Black– Scholes–Merton model;
 " d. explain how an option price, as represented by the Black– Scholes–Merton model, is affected by a change in the value of each of the inputs;"
 (Institute 131) Institute, CFA. Level II 2013 Volume 6  Derivatives and Portfolio Management. John Wiley & Sons (P&T), 7/9/2012. <vbk:9781937537326#page(131)>.

do you infer from the above mentioned LOS-es, that candidates are requested to know the BS formula? I am in doubt of asking or not. 

uk

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Jun 3, 2013, 5:54:13 AM6/3/13
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Likewise man! Did L1 in Dec and now L2..feels like this is all I have done over the past year. Second was definitely the harder one for me. I am not very confident because even though I had looked at the material (had good memory of it during the exam) and did some practise it didn't feel as smooth as L1 (had to kinda guess on roughly about 20/120)...and not sure if anyone else had this issue but I did think time/time management was an issue, meaning there were about 8-10 questions on either session where I had like 10-15 mins left to do.  With work and a part-time business I can't say I could give anymore time....strategy could have been a little different(more practise)...On a lighter note, at the end of our first session you know how the proctors collect our books and answer sheet...so for my room (this was in Toronto so tons of people) they misplaced a booklet and kept us for about 30 mins after the first session meaning they kinda killed our break...people were like all they had to do was one thing on the day and they messed up...
 
Anyways folks all the best going forward!!

vaibhav aggarwal

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Jun 14, 2013, 2:07:57 AM6/14/13
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Man
Wish the results are declared fast, 2 much to wait for so long


On Wed, May 29, 2013 at 7:17 PM, Faizan Anwer <faizan...@hotmail.com> wrote:
I have faced the same issue as well during level 1 & 2. I think its because schweser questions generally have a different style of questioning, which we are used to and have practiced the curriculum questions.

Just my opinion but I guess its simply a matter of getting used to something. Should be much to worry about.

Regards, Syed Faizan Anwer

-----Original Message-----
From: Andrei Radu <a.andr...@gmail.com>
Date: Wed, 29 May 2013 12:39:36
To: <fernand...@gmail.com>
Cc: <amma...@yahoo.com>; <2013-cfa-le...@googlegroups.com>; <stylis...@gmail.com>; <vaibh...@gmail.com>
Subject: Re: Post your CFA MOCK Results here


I dont know what happens but just tried to solve some Schweser practice questions from their Practice Exams book. I did not study after Schweser but only from Arif's videos and curricullum. 


I find them very difficult and misleading, even harder than CFA mocks. 


Is this normal?

On 29 May 2013, at 04:16, Nilesh Fernando <fernand...@gmail.com <mailto:fernand...@gmail.com> > wrote:



This might be a silly question, late in the game but where do you find the older Mocks exams ?


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Andrei Radu

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Jun 19, 2013, 9:29:19 AM6/19/13
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Guys 

I received an email saying that we will have the results on July 23rd. 

So I assume my paper was already marked. and at least am I sure that it was not lost.... 

Arif Irfanullah

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Jun 19, 2013, 9:35:44 AM6/19/13
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Can't wait to find out how all you did...
Regards,
Arif Irfanullah
 

vaibhav aggarwal

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Jun 19, 2013, 9:47:02 AM6/19/13
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All the best to all us cant wait for the result . Need to shift to corporates from teaching. Hopefully l2 will help me

faizan

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Jun 19, 2013, 10:06:34 AM6/19/13
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Can't wait for the result? No man. Don't want the result. Am completely enjoying this fools paradise. Cuz post getting the result means start focusing for level 3 or prepare to retake level 2. Enjoy this time man.

Regards,

Syed Faizan Anwer


----- Reply message -----
From: "vaibhav aggarwal" <vaibh...@gmail.com>
To: "Andrei Radu" <a.andr...@gmail.com>
Cc: "Faizan Anwer" <faizan...@hotmail.com>, "fernand...@gmail.com" <fernand...@gmail.com>, "amma...@yahoo.com" <amma...@yahoo.com>, "2013-cfa-le...@googlegroups.com" <2013-cfa-le...@googlegroups.com>, "stylis...@gmail.com" <stylis...@gmail.com>
Subject: Post your CFA MOCK Results here
Date: Wed, Jun 19, 2013 6:47 pm


All the best to all us cant wait for the result . Need to shift to corporates from teaching. Hopefully l2 will help me

Aravind Edayillam

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Jun 19, 2013, 10:21:37 AM6/19/13
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I totally agree with Faizan

best regards

aravind

vaibhav aggarwal

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Jun 21, 2013, 4:17:05 PM6/21/13
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Arif Sir

Can you please tell me the best book to study Financial Management? Can you please tell according to you who is best professor on this subjects in the world. I can then watch his videos

Arif Irfanullah

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Jun 22, 2013, 12:36:07 AM6/22/13
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You can search the Internet for the 'best' FM professor.

You can also visit the following website:

This is based on a FM course I taught at the undergrad level.  


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