To help you prepare for the exam, we offer different types of practice, including practice questions and a simulated exam, with our learning ecosystem. The CFA Institute offers up to 3 mock comprehensive exams for each CFA level of its learning ecosystem. The mock exams allow you to experience the process of mental preparation for a real challenge to which you have dedicated hundreds of hours. By taking the simulated exams under real conditions, you'll gain a sense of familiarity as you take the exam itself.
This can help promote confidence and focus because you're trained to deal with immense pressure. In addition, mock exams can help you realize that there will be questions that you won't know the answers to, and that's okay. CFA Institute preparation providers are prohibited from including official mock exam questions or any other question other than the end-of-reading question in their products and services. A basic characteristic that candidates should consider when choosing a mock CFA exam is whether it is an online exam.
When considering which mock exam is right for you, look for information about how closely they simulate the test conditions. The level of difficulty of CFA Level 2 exam simulations compared to Level 1 drills may vary depending on individual perspectives and experiences. If they have access to several mock exams through their preparation provider, they may consider taking them a little earlier to begin identifying their strengths and weaknesses, but they should avoid taking them too soon.
Another important feature to investigate is to find out if the mock exam experience mimics the actual experience that candidates will face during the exam. The average number of practice exams also increases considerably as CFA levels progress, reflecting not only the increased difficulty in passing them, but also the increased level of competence. Scoring systems for mock exams are good indicators of candidates' performance on the exam itself, and the grading process for mock CFA exams is much easier than grading CFA exams. This mode is timed using the same time limits and breaks integrated into the CFA exam that serve as a guide so that candidates can repeat the day of the exam as close as possible.
You can also access a fully-fledged mock exam that simulates the real exam experience and allows you to get an idea of the exam day without any kind. of risk. CFA mock exams are designed to test your mastery of everything you are expected to know and do when you take the actual CFA exam.