Cfa Level 2 Mock Exam Scores

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Rocki Eibl

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Aug 3, 2024, 5:46:34 PM8/3/24

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Broadly speaking, there is a noticeable and significant drop in CFA pass rates for all 3 levels in 2021, coinciding with the transition to computer-based exam. That said, there are early signs in 2023-2024 that these are recovering.

Although CFA Institute has implied that the low CFA pass rates are temporary due to the pandemic, we think there are more nuanced reasons for the drop in pass rates, as explained in this separate article.

Therefore, our previous advice has been updated to reflect the stronger trend towards long term average, i.e. a CFA Level 2 mock exam target score of 65% and above is a good score to aim for.

We know that essay can be the trickier part for most, so do check out our guide on how to ace the essay section in CFA Level 3, and more importantly, how to accurately self-grade the essay section of your mock exams.

I was hitting above 85% on the mocks and managed to get above the 90th percentile in every topic. I overdid it so the exam was relatively easy. I would say to be ok on the exam, at least 65% would be necessary on the mocks.

I have an MBA with a focus in Finance so it helped a bit but I owe my score to the amount of questions I solved. A this point it is all about practice. Understanding is always better than doing a problem mechanically, but at this point if you do not understand something conceptually but understand how to solve a question based on how it is structured, just go with solving it without fully understanding as long as you get the points on the exam lol.

I got in or around the mid 50s in the mocks (passed the exam too) largely as you can never replicate the true exam conditions. They are great scores, get a good night sleep the night before the exam and the very best of luck!!

Taking mock CFA exams is an important step in the process of preparing for a CFA exam.\n Surprisingly, some CFA candidates do not use them, but those who do, report being much more confident in their knowledge and skills when it comes time to sit for the exam.

Another option is to ask questions about your performance in an online forum or directly to a CFA prep instructor. They may be able to quickly point you in the right direction to\n keep you on track for exam day.

Taking mock CFA exams is an important step in the process of preparing for a CFA exam. Surprisingly, some CFA candidates do not use them, but those who do, report being much more confident in their knowledge and skills when it comes time to sit for the exam.

Another option is to ask questions about your performance in an online forum or directly to a CFA prep instructor. They may be able to quickly point you in the right direction to keep you on track for exam day.

Kaplan Schweser is a CFA Institute Prep Provider. Only CFA Institute Prep Providers are permitted to make use of CFA Institute copyrighted materials, which are the building blocks of the exam. We are also required to update our materials every year and this is validated by CFA Institute.

Our products and services substantially cover the relevant curriculum and exam and this is validated by CFA Institute. In our advertising, any statement about the numbers of questions in our products and services relates to unique, original, proprietary questions. CFA Institute Prep Providers are forbidden from including CFA Institute official mock exam questions or any questions other than the end of reading questions within their products and services.

CFA Institute does not endorse, promote, review, or warrant the accuracy or quality of the product and services offered by Kaplan Schweser. CFA Institute, CFA and "Chartered Financial Analyst" are trademarksowned by CFA Institute.

Most Recommended: This is one of the findings of a quantitative survey conducted by Kaplan between April 1 and October 31, 2023. For this survey, a sample of 272 CFA Candidates were interviewed online in English. The survey was fielded to subscribers of 300Hours.com.

95% Recommendation Rate: This is one of the findings of a quantitative survey conducted by Kaplan between April 1 and October 31, 2023. For this survey, a sample of 272 CFA Candidates was interviewed online in English. The survey was fielded to subscribers of 300Hours.com.

Leader in CFA Prep: These are the findings of a quantitative survey conducted by Kaplan between June 30 and August 30, 2021. For this survey, a sample of 313 U.S. CFA Level I and Level II candidates was interviewed online. The survey was fielded to subscribers of 300Hours.com and AnalystForum.com.

The exams are taken consecutively from level I to level III. Level I is the first level that a candidate takes. It consists of 180 questions taken within 135 minutes. It is divided into two sessions, each consisting of 90 questions. A candidate should spend at least 300 hours studying for this level. A score considered safe for this level is 70% and above. This indicates that a candidate has understood investment valuation and portfolio management concepts tested on this level. It also shows that a candidate can confidently meet the minimum pass score(MPS) set by the CFA charterholders for the main exam. However, a candidate is advised to take mock exams at least five times. Failure on the first attempt should not discourage a candidate.

Your prep provider should provide a question bank with mock exams. There are also excellent online vendors recommended by the CFA Institute who provide up-to-standard materials. The CFA institute also provides mock exams to their registered candidates for purposes of practice.

This is all a candidate needs to know about CFA mock exams. This method should be used as a supplement to the other study methods. A candidate should avoid taking mock exams before going through the study materials.

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