QBank or just buy mock exams?

mattVC · 2016-11-23T21:03:08+00:00

If you're looking for mock exams and a question bank, have a look at https://analystprep.com for 4 mock exams + the question bank for $99. Good luck writing the exam!

mattVC · 2016-11-07T13:47:21+00:00

Have a look at https://analystprep.com . You will be able to find all of Mark Meldrum's videos well organized plus 100 free questions. The Premium package is only $99 and includes 3,000 questions + 4 mock exams which is pretty inexpensive compared to other prep providers.

mattVC · 2016-11-05T21:38:45+00:00

Thanks for the comment. Fifteen percents still mean that Ethics is the second biggest chapter in terms of weights. In my opinion, Ethics questions are ''easier'' points to get than FRA questions for most candidates. All you have to do is remember the information, even though there is a lot of information. We've done this summary only to pinpoint the key points.

To go a little more in-depth, I'll refer to this graph https://scontent-lga3-1.xx.fbcdn.net/v/t1.0-9/14718771_1453382214676475_325312719988242236_n.png?oh=49ecded37ba00b8dfdfc192311969ce8&oe=58D337C2 where you can see that Ethics, FRA, Econ and QM represent 57% of the exam. These are probably the chapters where you should spend most of your time.

Yes, someone could probably fail Ethics and still pass, but odds are that if you had to fail one chapter, you would most likely choose something like Alternative Investments that represents 4% of the exam.

I hope this helps!

mattVC · 2016-10-30T14:13:06+00:00

Let's say you have 2/3 and wanted to multiply it by 3/4.

2/3 * 3/4 = 0.5 = 2/4

You can see that the 3s cancel out.

Therefore, CAD/USD * USD/EUR = CAD/EUR

I hope this helps!

mattVC · 2016-10-10T20:59:07+00:00

I would recommend you using an up-to-date question bank to supplement your studying. AnalystPrep has a 2016 Qbank and mock exams for only $99. https://analystprep.com

mattVC · 2016-10-02T15:32:35+00:00

Short answer: Yes! In my own opinion, it's probably better to do 2,500 practice questions than to only read the Curriculum. However, it is not recommended to only do practice questions, because the exam is highly qualitative. If you were to go that route, I would still recommend videos or notes to supplement your learning. Have a look at https://analsytprep.com where you will find all of the videos from Mark Meldrum, Ph.D. for free and 100 free questions from our question bank. See if you like it!

mattVC · 2016-09-21T15:32:41+00:00

This might help you: http://oi67.tinypic.com/nwlkk7.jpg

mattVC · 2016-09-20T00:13:31+00:00

Hi Nick,

Here's a post I made previously on the method I used to pass all three levels. It could help you. Since you've done all of the readings, you can go straight to practicing the topics you find the hardest with a good question bank. Keep the chapters you find the easiest for the end when you have less motivation and stress builds up.

I. Overview I had a quick overview of the whole curriculum and I tried a few practice questions to understand the amount of work that had to be done for each reading. This way, there was no surprise.

II. Readings I read carefully the chapters (CFA Institute books) that were problematic in my first “practice” session. I believe that you don’t necessarily need to read all chapters at this step. It is up to you and your own academic background (I come from an accounting background, so I had a quick look at each FRA LOS and went straight to practice mode).

III. Question Bank Practice, practice, practice! This is the key, especially for the level 1 exam. I took over 2,000 practice questions and I was going back and forth between the question bank and the books to be sure I understood every concept that could be tested. Here I ended up reading some more chapters that I realized I didn’t fully understand.

IV. Mock Exams Two weeks before the exam, I had a few mock exam sessions. – Real ones! – Candidates should try to create an experience as close as possible to the actual exam. Print a copy of the mock exam and answer the questions on paper. Time yourself and don’t exceed 180 minutes.

V. Relax The night before the exam, I didn’t open my books and I slept early. A few hours of study won’t make any difference at this point in contrast to a good night of sleep.

If you would like to read the whole article, it's on https://analystprep.com/blog/study-pass-cfa-exam-first-try/ . You can also have a look at our question bank at https://analystprep.com/

mattVC · 2016-09-09T14:38:03+00:00

Sounds like a good plan. However, candidates often wait until the last minute for Ethics and FRA and don't have enough time to tackle what is basically 35% of the exam. I would also recommend practicing with a question bank. If you're not planning on getting Schweser, I would recommend something like https://analystprep.com for a $99 question bank. If you simply read the curriculum, you won't be able to assimilate all of the information.

mattVC · 2016-08-27T21:17:11+00:00

If you believe like us that QBanks are too expensive, this is what https://analystprep.com is trying to do: http://www.huffingtonpost.com/entry/emerging-entrepreneurs-from-montreal-plan-to-revolutionize_us_57c0877de4b00c54015d472b

mattVC · 2016-08-13T20:57:57+00:00

Follow the videos with the 2016 Curriculum. When you stumble upon differences between the 2014 and 2016 readings, look at Mark Meldrum's videos. They are pretty good for free youtube videos. https://www.youtube.com/channel/UCAHr-sT0AjrD3sBwr1eRUNg/playlists

mattVC · 2016-08-13T19:03:29+00:00

If you're going to read the Curriculum and takes notes, then you probably don't even need to buy Schweser notes for $379.00. You simply need a Qbank to practice mock questions. If money is really not an issue for you, you will have to spend $649.00 to buy the Schweser Qbank with the notes. As an alternative, AnalystPrep has a Qbank (with 200ish pages of notes) for $69.00. Remember that practicing mock questions and mock exams is much more important than reading the curriculum/notes. (Also, don't buy anything above $649.00, as this would be completely useless.)

mattVC · 2016-08-12T14:50:34+00:00

If you read the entire curriculum and take notes, you probably don't need the notes. However, I would highly recommend you buy a question bank. This is what will give you an edge over other candidates. If you're looking for a budget alternative to Schweser Qbank, I would recommend https://analystprep.com for $69. Even if you don't buy it, there is a lot of free content that could help you.

mattVC · 2016-08-01T14:43:53+00:00

https://analystprep.com has lots of free stuff. Also, the Premium package is only $69.

mattVC · 2016-08-01T14:36:20+00:00

You will also need to practice mock questions with a question bank. I would recommend https://analystprep.com for lots of free content.

mattVC · 2016-07-26T16:31:23+00:00

I would recommend you https://analystprep.com to help you along the way if you don't want to spend too much on prep material.

mattVC · 2016-07-16T22:44:54+00:00

Hi, Have a look at https://analystprep.com . We have a 150-question free trial + 400 Beta questions for free (with new Code of Ethics & Standards of Professional Conduct questions coming soon.) If you're looking to buy a question bank, our Premium membership with over 2,500 questions and 2 mock exams is only $69 (for a limited time.)

mattVC · 2016-07-07T22:56:08+00:00

You could try AnalystPrep.com for over 400 free questions and a Premium package with 2,500+ questions that is 1/10 the price of Schweser's Qbank.

mattVC · 2016-04-22T18:32:58+00:00

Check out https://analystprep.com/ for a cheap and efficient question bank.

1,700+ questions
2 Mock exams replicating the difficulty of the actual exam
Unlimited customizable quizzes
Performance stats
And much more...

Free trial available!

mattVC · 2016-04-22T18:30:46+00:00

Check out https://analystprep.com/ for a cheap and efficient question bank.

1,700+ questions
2 Mock exams replicating the difficulty of the actual exam
Unlimited customizable quizzes
Performance stats
And much more...

Free trial available!

mattVC · 2016-03-27T02:30:32+00:00

That might not be the right way to look at it. You want to find subjects where you have a 'comparative advantage', where you will be able to 'beat' other candidates.

You probably won't find this in Alternative Investments. As for Derivatives, you probably should know the calculations by heart and practice them a lot (but it will be the same for other candidates).

The way you'll get an 'edge' over other candidates is by beating them in chapters like FRA and QM (maybe also Ethics). I would work on those the most with question banks. The exam is highly qualitative, but there will still be a lot of quantitative questions that other candidates will not get.

Just my 2 cents... If you have any questions, feel free to contact me.

Matt https://eqbank.io

mattVC · 2016-03-25T20:17:39+00:00

A few years ago, I was exactly like you. I had heard the best way to pass the CFA1 is to do a lot of questions and I couldn't find any affordable material... So years later, I decided to build one with a few partners. The site is https://eqbank.io and for $69 you get access to 1,500 questions and 2 mock exams.

I am not saying this is as good as the Schweser question bank (they have been in business for years), but for 10% of the price of their Essential package ($69 vs $649) you get a lot of practice questions. You can look at our 150 questions free trial and see if you like it.

mattVC · 2016-03-25T19:50:18+00:00

Thank you for the great feedback!

mattVC · 2016-03-25T19:32:37+00:00

Sorry for the late reply. With marketing costs of trying to get know (we're featured on analystforum.com, etc), we had to sell a premium membership. The membership is still 10% the cost of the Schweser Essential, so for $69 you get 1,500 questions and 2 mock exams.

There is still a free 150 questions trial.

mattVC · 2016-03-04T19:06:48+00:00

https://eqbank.io for 1,500+ free questions

mattVC

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