Use of CFAI's Qbank

CFA Level III
#1

Hello - good morning -

What are the thoughts of using CFAI’s Q-bank? Use it as part of the review at the end? or using it as part of regular post reading in tandem with the end of chapter “Practice Problems”?

regards - Jean

#2

Hey, my advice is definitely save it to the end. I found it very helpful in the few weeks leading up to the exam. I kind of got sick of looking at the same blue box and EOC questions and found the CFAI Qbank questions a good change of pace. I think it’s value as a learning tool is greater if you save it until the end.

#3

I’d suggest to use it as you go…solving questions is the best way to cement your knowledge. Do CFAI qbank, eoc, blue boxes and past essay questions per subject/study session as you go rather than leave it to the end. You can leave the most recent years essay questions for the end of study though

#4

They were quite useful. I used them in the final month of prep.

#5

My strategy was this

  1. Read books - highlight all the “list type items” - and make notecards of every “disadvantage/Advantage” there is. and complete every example they have making flash cards along the way. 2) Watch videos - which gave me even more items to make notecards of 3) I now had my “baseline level” of flashcards and all the easy work was out of the way. 4) I began probably 3 months before the exam day using the online question bank. I would start with one topic, and build up my flash cards along the way with every problem I saw. After I completed that subject I then started reviewing that subjects flash cards every mother fucking day - it was a quick process at first, but gradually, it would take almost 2 hours of studying to go through the whole deck by the end. 5) only after I completed the online question bank, I then did mock exams. I used 2015-2018’s mock exams - with lots of other supplemental questions from previous years exams (mainly just the IPS questions).

That was my strategy to a T.

#6

thank you all.

#7

CEO10K-DAY,

Can you share more about how you reviewed the materials and took the tests?

Especially how you mastered a particular topic area?

Thanks

#8

You want to start doing the questions several months before the exam. It takes a long time, and you want to get through them more than once.