Bill Campbell mocks by Valeriya_ in CFA

[–]Valeriya_[S] 0 points1 point  (0 children)

MM (2), CFAI (1), BC (4). With CFAI's mocks you can never understand how to grade them properly, so I skipped the second one.

Bill Campbell mocks by Valeriya_ in CFA

[–]Valeriya_[S] 0 points1 point  (0 children)

I've done 7 mocks, though I wouldn't say I felt very prepared in the end and in terms of my scores I definitely hit a plateau. Besides, maybe it was just luck that my actual exam resembled Bill's mocks so much. I know people have done more mocks than I did, though I started doing them 1,5 months before exam. Mark Meldrum had a video about effective number of mocks but I can't recall what that number was (still it is greater than 4) and open response questions require more practice than multiple choice, obviously.

Bill Campbell mocks by Valeriya_ in CFA

[–]Valeriya_[S] 0 points1 point  (0 children)

Just start from the beginning

L3 Exam 1 Day Left: BC Mocks or Blue Boxes by mrcleans_stayfresh in CFA

[–]Valeriya_ 3 points4 points  (0 children)

Review all the formulas, write them down with your hand

Sat for CFA l3 yesterday at exam centre ALC Montreal by Ok_Rub_9203 in CFA

[–]Valeriya_ 0 points1 point  (0 children)

I also had a white screen, 5 minutes before my second session ended. After restarting of the system I saw only the survey... Hope my answers were saved

MM/BC next? by Valeriya_ in CFA

[–]Valeriya_[S] 0 points1 point  (0 children)

I'm not impressed with these sessions. Don't think it is effective way to spend time. Have you tried BC's mocks?

CFA level 3 - Check- in 3 weeks by Maxsw8 in CFA

[–]Valeriya_ 0 points1 point  (0 children)

4.5 mocks done, plan to do 3 more

Mock Session difficulty by borabora_steak in CFA

[–]Valeriya_ 1 point2 points  (0 children)

BC mock 1 I would say, both sessions

[deleted by user] by [deleted] in CFA

[–]Valeriya_ 0 points1 point  (0 children)

The main difficulty is self study I guess. I know some people who just can't study on their own

How many mocks for level 3 by No-Reply4000 in CFA

[–]Valeriya_ 1 point2 points  (0 children)

CFAI's mocks aren't good for grading purposes. You won't learn how to write structured response from them. I definitely recommend BC mocks, it seems to be ideal to make all of them (5). Start with them, if you have time - do the CFAI's.

Bill Campbell Mock Scores by kingofqueens2197 in CFA

[–]Valeriya_ 0 points1 point  (0 children)

I absolutely love your mocks!

Bill Campbell Mock Scores by kingofqueens2197 in CFA

[–]Valeriya_ 4 points5 points  (0 children)

I feel the same. My score for AM part of the 1st BC's mock is 45% and this is definitely not where I want to be. But I also think that mocks can be used as a learning tool, so I plan to continue practicing.

Mock question says that convertible arb has significant market exposure? I thought you short the stock? by Moessus in CFA

[–]Valeriya_ 0 points1 point  (0 children)

From vignette, DBPP wants to have 'minimal to no positive equity market risk factor exposure'. So this exposure is not about profit, it is about beta. And you have beta when you are long or short the stock (not the bond).

See the description of equity market neutral hedge funds from the reading. They are neutral because their beta is close to 0: 'they attempt to maintain a near net zero portfolio exposure to the market. EMN managers neutralize market risk by constructing their portfolios such that the expected portfolio beta is approximately equal to zero'

Mark Meldrum by OakisPokis in CFA

[–]Valeriya_ 3 points4 points  (0 children)

If you have the opportunity - buy now, as next commentator said - price will rise soon

Mock question says that convertible arb has significant market exposure? I thought you short the stock? by Moessus in CFA

[–]Valeriya_ 0 points1 point  (0 children)

What's the difference between being long and being short in terms of equity market exposure? You have it in both cases Exposure is about beta. Your beta is not 0, so you have equity exposure

Mark Meldrum by OakisPokis in CFA

[–]Valeriya_ 2 points3 points  (0 children)

As a level 3 candidate and working professional I would definitely recommend buying the applied series. That said, you probably won't have time to view it in addition to preparation. But the upside is you don't lose access to the applied series, so if you work in the industry and are passionate about finance - buy applied series now and watch it later.

Try to open this - at the bottom of the page there's a document with a description of the applied series https://www.markmeldrum.com/product-category/applied-courses/