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One of the key things during your practice question review is to learn the common ways CFAI tends to create uncertainty in questions and then make a mental note how to answer those setups when you encounter them on exam day. But the good news is that the actual exam questions tend to be fairly straightforward if you have put the study time in. The Level 3 exam is peer reviewed by charterholders also, so if a question seems extremely vague after the fact it is possible that it will be set aside. But the important thing is to not be in a situation where the question appears vague to you, but 80% of the other candidates got it correct.

@@ChalkBoardCFAPrep Thank you very much, that makes total sense. That is why just reading prep notes and not the curriculum "word by word" can be devastating. I have experienced this many times, unless you read the curriculum in-depth, you just cannot answer actual exam questions- especially when you have to write answers than just guess one of the three options.

@@mohangg3522 If you're interested in good preparation for how Level 3 questions can be asked, feel free to check out our Level 3 mocks and consider adding the mock bundle. We cover the whole range of topic areas and try to make the questions as relevant as possible. They are set as constructed response questions but they apply to the multiple choice questions also. Candidates often tell us they helped avoid tricks on exam day, hopefully this will be the case for February Level 3 candidates as well.

@@ChalkBoardCFAPrep I checked it out, but you don't have the Private Markets Pathway mock exams at the moment.

@@mohangg3522 Not yet, but this can change in the future👍

And continues over the next two videos!

Good luck - there should be minimal difference between 2024 and 2025. However if you'd like additional mocks or explanatory materials to pass confidently, feel free to check out our Level 2 materials which are specifically designed to help candidates pass the first time: chalkandboard.org/cfa/level2/2025/

You can peruse our Level 1 playlist, we have a few videos about this topic, including this one: th-cam.com/video/KebVxQoRMyA/w-d-xo.html

Same :(

What are your mock scores, and what are you doing now?

@@nemanmammadli 79% in mock scores, I'm doing a mock per week until Feb 22, then I review all the wrong answers and the correct answers but low confidence. I'm also reviewing the modules where I make the most mistakes but I try to keep my focus on the heavier topics as FSA, Fixed Income and Equity. For Ethics I'm reading the Standards Handbook for 1hr every night.

@@BSGT1293 Don't defer now your mock scores are good enough

In your position I would do our L3 C&B mocks with my personal grading and feedback. It is the best revision you can do at this point to build confidence and ensure you give graders what they’re looking for. Also - please take a look at our Level 3 video playlist here on this channel, where I have a couple videos on L3 approaches and strategy. Feel free to reach out to me on WhatsApp (my contacts are at the bottom of the C&B website homepage) if you have further questions.

@@ChalkBoardCFAPrep Appreciate your thoughts on this. Thanks!

Registration numbers are down currently, indeed.

If you missed it in August then taking it again in May is not so short a turnaround time, true. If feel that you might be interested in structured CFA prep with a personalized study plan to pass with confidence in May, feel free to reach out to Nathan via Linkedin or Whatsapp. His contacts are at the bottom of our website's homepage in case you decide to reach out to him: chalkandboard.org

Congratulations!

Please reach out to Nathan anytime via LinkedIn or Whatsapp and he can talk to you about this. All Nathan's contact info appears at the bottom of our website if you scroll down to "Contact Us" chalkandboard.org/

Congratulations!

Congratulations!

Thank you, sir 🙏

Congratulations!

Please reach out to Nathan via our website about this, he can speak to this.

Why don't you try August?

@@TOP10HUB_I’m leaning towards it. Going to do some questions this weekend and see what comes back. If I’m not feeling good about it I will likely go for August. Just sucks to study during summer

@@jackpeters1598 I'm honestly scared to give it so quickly again. Didn't clear L2 Nov 24. My score was sticking very close to MPS but did not pass. I'll mostly try next Nov. Have a hectic job too :(

If you would like to talk to Nathan about this, feel free to reach out to him on LinkedIn. It all depends on the candidate.

Level 2 is a different exam that you need to prepare slightly differently for. The recent 39% pass rate demonstrates this. We have many videos on this channel about Level 2 strategy. But if you want the best chance to pass, feel free to join Chalk & Board's winning student team for Level 2 where you will have access to Nathan: chalkandboard.org

I hope you pass in May, regardless! If you'd like excellent prep materials and instructor guidance to help pass confidently in May, feel free to join our winning team: chalkandboard.org

You can get a refund up to 14 days after registering and then register for August instead

I’m planning to take Level 2 in May 2025. Could you help me decide which package to choose-Standard, Plus, or Premium?

@@Jetsfan2009 Thanks for the heads up. I just got refunded!

Good luck on your May attempt! If you need great prep material with instructor access, and specialized mocks to pass confidently, feel free to join our winning team: chalkandboard.org

Same with me Matthew

Same here almost border line 😢😢😢

@@devilmaycry1710 I am so disheartened and tired to do it all over again with my job

@@devilmaycry1710 Sorry to hear and good luck on your next attempt! If you'd like structured guidance how to pass with confidence, feel free to check us out.

Congratulations on passing! We have numerous strategy videos for Level 3 on this channel. Take a look at our Level 3 playlist!

90 percentile too. But I scored literally zero mark for Ethics. L3 ethics is scaring me now.

@@62294838 You have plenty of time to get Ethics strengthened up. And if you're interested, feel free to consider becoming our student (even if mocks) because we target our materials to the types of Ethics and other questions you are likely to encounter on exam day. Good luck and hope you get your charter in 2025.

We provide online videos for the full course with question access to Nathan via Whatsapp. For information about our materials, you can visit htpps://chalkandboard.org

Yes the more concise and accurate the answer is, the better!

Do you just jump to writing the answer/explanation, or is it better to start all responses with a formal declaration: “The answer is (……)” and then provide the explanation if needed.

@@Robert_Marks You can skip writing anything superfluous such as "the answer is" - the graders know you're writing the answer so you can skip to the important parts.

Glad you found the video helpful!

Good luck on your exam! If you'd like structured guidance to help reduce your study hours, feel free to join Nathan as a student if you wish.

Good job on your pass! If you find your approach falls short at Level 2 or 3, feel free to join us as a student if you wish. We can get you through the levels no problem. Have a great day!

@ Thank you! Will definitely check it out! 🙏

That’s awesome with only 148 hours.

If you feel you can pass in May then go for it! Good luck with everything. If you'd like Nathan to help make sure you pass in May, feel free to become our student if you wish! chalkandboard.org

The topics are all important to be honest. You can check CFAI's website for the topic area weights for your exam, but the difference between a pass and a fail can often occur on the lower weighted topics. So the best approach is to treat all the topics as important. If you'd like professional structure and guidance, feel free to join Nathan as our student if you wish. Have a great day!

Sorry to hear this. Don't lose hope, we can totally fix this if you would like our help. You can contact Nathan via our website to talk further at chalkandboard.org

We would be happy to help your friend pass with a great result next time. We suggest your friend contacts us at chalkandboard.org or contacts Nathan via WhatsApp (the number is on our website also).

Glad you enjoyed the video!

How you approach the PSMs is up to you. It's an additional (valuable) learning opportunity provided by CFAI. If you do not technically finish it before your exam results day, your exam may be voided by CFAI. So proceed as you see fit. You definitely need to complete the PSM asap if you want to get a result.

Glad you enjoyed the video!

I would advise that you talk to CFAI directly about this, they are very responsive by phone. If you've taken the CFA Level 1 exam and are awaiting results, but you do not complete the PSM before the results date, CFAI can void your exam and ask you to retake it. Here is their policy link: www.cfainstitute.org/about/governance/policies/psm-policy

Not to worry! If you decide to become our student, we will fully prepare you for the exams. We've taught thousands of students who do not feel they have strong math skills.

Glad you enjoyed the video!

There's a low chance of calculator battery failure on exam day, but in the small chance it happens it can ruin months of hard preparation. If you have a new battery, there's nothing to fear. Good luck on your exams!

@@ChalkBoardCFAPrep Can't agree more better to have at least one less thing to worry about. Your videos are really helpful 👍

The CAIA Level 2 program is fairly self explanatory as a stand alone. People often ask if taking CAIA Level 1 and Level 2 can help you prepare for the CFA alternative investments questions. My answer is the same, it has minimal effect. The CFA program is typically more quantitative and the CAIA program generally is more subject-material topic oriented (information over calculations).

Good luck, hope you pass! If you'd like to add some high quality mock exams to your studies feel free to check ours out at chalkandboard.org

Hope you pass in February! If you need extra mock exams, feel free to check ours out at chalkandboard.org

Happy new year - if you would like to become our student you can sign up at chalkandboard.org. Nathan then can develop a study plan and strategy for you.

For large cities with many test centers, this probably won't be as big a problem as for smaller cities/countries with fewer testing centers. It really depends on your location and how many candidates are trying to compete for your desired test center locations/dates. A good rule of thumb is to register as soon as possible so that you can give yourself the best chances.