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+1Topperharley wrote:
sorry but if you failed the exam, no one cares what your study material recommendations are.kjames05 wrote:
If you’re good at digesting large amounts of information and want to bore yourself, use CFAI. If you’re like most others, I would definitely recommend the use of third-party materials. Those saying using anything but CFAI materials is ridiculous can shove it. FIguratively speaking, third-party materials allow you to eat the main course without being forced to eat salad.
My history of materials:
Used CFAI, then Schweser for review for L1. Wish I had only used Schweser because I couldn’t remember half the topics when reviewing them.
Used only Schweser for L2 last year and failed band 9. This was mostly due to my lack of study hours put in and some personal issues.
Used Elan this year and feel like I crushed it. Although Elan blows when it comes to customer service and timeliness for release of materials, their wording and explanation of hard concepts are second to none.
My recommendation:
Buy Elan notes, EHG and PQ’s. Use CFAI for Ethics, like others have said. Go through the curriculum doing Elan PQs and CFAI EOCs after each reading. Leave two months for review and do as many mocks as possible.
He supposedly “crushed” it this time.Topperharley wrote:
sorry but if you failed the exam, no one cares what your study material recommendations are.kjames05 wrote:
If you’re good at digesting large amounts of information and want to bore yourself, use CFAI. If you’re like most others, I would definitely recommend the use of third-party materials. Those saying using anything but CFAI materials is ridiculous can shove it. FIguratively speaking, third-party materials allow you to eat the main course without being forced to eat salad.
My history of materials:
Used CFAI, then Schweser for review for L1. Wish I had only used Schweser because I couldn’t remember half the topics when reviewing them.
Used only Schweser for L2 last year and failed band 9. This was mostly due to my lack of study hours put in and some personal issues.
Used Elan this year and feel like I crushed it. Although Elan blows when it comes to customer service and timeliness for release of materials, their wording and explanation of hard concepts are second to none.
My recommendation:
Buy Elan notes, EHG and PQ’s. Use CFAI for Ethics, like others have said. Go through the curriculum doing Elan PQs and CFAI EOCs after each reading. Leave two months for review and do as many mocks as possible.
There has been a recent trend starting from last December’s L1 exam. The CFAI has been slowly shifting away from the third party material, I can’t say if it’s on purpose.klaudnine wrote:
I have a bunch of coworkers who are either CFA charterholders or CFA III candidates and none of them recommended reading the CFAI except for ethics and FRA. Granted that is a pretty small sample.
This is the best material. 3rd party stuff definitely helps, but is no substitute.MrSmart wrote:
I’ll be personally using the original CFAI, since it’s the most complete, and there is plenty of time to study.