75% of CFA applicants use mock examinations as their main way to prep for the CFA examination, and for worthy a reason.
A good CFA Practice Exam will help you become acquainted with the construction and content of the examination, will let you to figure out whatever you still need to study, and will provide you an idea of how much time you would have for every question.
CFA practice exams should reflect the situations to those of the real exam. The more you write mock exams, the more comfortable and prepared you would feel on your authorized test day.
Facilitated through Kaplan Schweser and hosted through CFA Society, a mock examination is held twice yearly; in May for all three examination levels and in November for Level I merely.
One of the central challenges each candidate faces is the set-up of the examination where an extensive range of subjects is covered in a restricted quantity of time. This needs mental preparation in addition to good time managing in sitting over the exam. A live mock examination offers the opportunity to sit over a simulated examination under similar conditions two weeks before the real exam. In addition, grading is done by Kaplan and provides valuable feedback on hard questions. This allows you to spot subjects in need of added attention and an idea of how much development you’ve made.
The Live CFA Practice Exam now comprises a novel feature. The Multimedia Tutorial provides you a detailed clarification of how responses were arrived at and provides the maximum efficient method to fill in the gaps in your awareness in preparation for the real exam. The Multimedia Tutorial comprises the following feature:
10+ hours of coaching on the ideas and methods necessary to answer each question
Simply click on “View Tutorial” to view the multimedia coaching.
Every tutorial is a whiteboard video through audio instruction that covers the material on which each problem is based and the explanation how to apply it to the question.
The live mock examination takes place three weeks before the June exams as well as three weeks beforehand the December Level I examination, at a to-be-broadcast location in Amsterdam. All applicants who have decided to receive CFA Society Netherlands mailing will obtain an invitation to the mock exam. Thus, please be certain you are registered to receive email broadcasts and invitations.
The Live Schweser Mock Examination is as close to the real CFA exam in set-up, difficulty, and extent as we could make it. The Mock Exam aids develop your test-taking aids, identify your weak regions, and reveal your mastery of the CFA prospectus. Later, view answer clarifications, check your score associated to those of other candidates, as well as drill deeper into every question through the Mock Examination Tutorial.
Simply click on any problem you missed as well as get an audio and whiteboard clarifications of the CFA prospectus material on which the problem is based. With about 10 hours of directed teaching at each level, this is an operative way to fill in the gaps in your knowledge just previous to exam day.
Kaplan-Schweser notes, which are half the size of the CFA Institution books, offer a much clearer clarification of the ideas. The Kaplam-Schweser guides furthermore comprise multiple choice problems at the end of every chapter and full span mock examinations covering all essential material. These additional questions and mock examinations are flawless to study from, as they are very alike to the problems asked on the actual exam. The Kaplan-Schweser guide prices around $500, a steep value for any student. However, it is much more inexpensive than the $1,000 fee to re-write the Level 1 examination if you fail on the first try. If you are thoughtful about passing the Level 1 examination, make the investment, as well as purchase the Kaplan-Schweser guide.
The Online Schweser Mock Examination is designed to test your knowledge through simulating the examination experience online. To completely prepare you for examination day, the Mock Exam is as close to the real CFA® exam in layout, content, difficulty as well as length as it can. It would help develop your exam-taking skills.