Am I the only person to think QM is a pain in the...

SpyAli wrote:
Well to be honest, i did not have much trouble with this subject but i did have to review it thrice and very systematically.
At first, i started off with the free readings of Elan. Finishing the curriculum summary and the EOCs after each reading. Also, i marked down the hard EOCs to review for the next time around.
After about two months, i realized that the subject has again become alien to me. So this time, i started again fresh, took my own notes and watched the elan videos. Then i hit the EOCs again. Although making own notes and watching videos is really not my style of studying, but i believe these two things really helped me here.
I fast reviewed the subjectagain, for the third time, during the gaps between my mock days. It was rock solid in my mind by then.
Got >70 in this subject. Unfortunately though, it has a very less weightage, else i might would have broken the band 10 barrier. SIGH!
Click to expand...
Sad to know the result friend.. But IMHO, quants definitely doesnt warrant three revisions. NOT because its way too easy, but as you rightly said in the end - because of the weightage it has. I got a 50-70 in this. I think I messed with two questions and I knew it the moment I stepped outside the hall :S
The whole point with this subject is to read a nice summary couple of times and then go ahead do EOC questions. This subject doesnt warrant more than 15 hours of preps IMHO..
Mostly likely you are not going to get more than a vignette from Quants anyway!! So honest suggestion, spend your time productively on other “heavy” topics like FRA, Ethics, Corp Fin, Equity or Fixed Income..
All the best!
 
@Sooraj: Yes i agree. Highly weighted subjects (FRA and Equity) + Ethics should be given absolutely more importance in terms of time and practice. They can make all the difference between a fail and a pass!
 
I find Quant and Equity to be the two more useful (useful in the sense that it is good knowledge to have for future application) sections of the Level 2 exam. Just for that, I would learn them well. In my view, if you are involved with asset management, you should know the level 2 quant material. It’s core. The same cannot be said of some other parts of the level 2 curriculum.
 
Absolutely hated CFAI’s presentation for both L2 and L1. Spent months trying to bone up on it and I still got
What helps:
  • Bionic Turlle (free)
  • Khan Academy (free)
  • Intermediate Statistics for Dummies (really!)
 
I agree with the above post on Bionic turtle, his free videos on youtube are really useful. David Harper is yet another Peter Olinto :)
 
I was completely lost when I read quant. Took about 50+ read throughs before everything clicked. Anyway, I wouldn’t spend all too much time on this section because it typically only respresents about 6 questions on the exam. Your time is def better spent on the larger topics, Accounting/Equity/Corp Finance, basically every other section but Quant lol
 
You must log in or register to reply here.
Back
Top