CFA level 2 study strategy 1/1/16

L

Lostone

New member
Joined
Jun 18, 2026
Messages
0
Reaction score
0
Hi All - I took L1 on Dec 5, 2015. Obvi I have not received the results yet, but I am starting to study for L2; if I passed, great! I got a head start (at the very least a month in advanced), if I didn’t pass, then I just lost a month of social life (January, so nothing too big). Anyway, my strategy is to start reading CFAI Quant, and if I received a PASS at the end of January 2016, then I will purchase Schweser. Anywho, my study plan is as follow:
1. Quant
2. FRA
3. EQ
4. FI
5. Derivs
6. PM
7. Corps
8. AI
9. Econ
10. Ethics
Any opinions? Or do you guys suggest another chronological strategy to study this beast, the furious L2?
I will also be posting this in the L3 for their advice.
Cheers! - Lost one
 
Lostone wrote:
Hi All - I took L1 on Dec 5, 2015. Obvi I have not received the results yet, but I am starting to study for L2; if I passed, great! I got a head start (at the very least a month in advanced), if I didn’t pass, then I just lost a month of social life (January, so nothing too big). Anyway, my strategy is to start reading CFAI Quant, and if I received a PASS at the end of January 2016, then I will purchase Schweser. Anywho, my study plan is as follow:
1. Quant
2. FRA
3. EQ
4. FI
5. Derivs
6. PM
7. Corps
8. AI
9. Econ
10. Ethics
Any opinions? Or do you guys suggest another chronological strategy to study this beast, the furious L2?
I will also be posting this in the L3 for their advice.
Cheers! - Lost one
Click to expand...
how did u do in L1? if u are reasonably confident that u will pass then i suggest you start looking at the most heavily weighted sections: FRA and Equity. Derivate is difficult too according to what I heard, so starting early on these topics will be good.
 
Hi, I am also starting studying for level 2 from today. I am starting with quant and then will go on to eco, mainly because I am very comfortable with these subjects and want to start with something easy.
One thing I wanted to ask was that for studying these two topics can I use 2015 curriculum ? Only one small reading has been added to quant no other changes for these two topics. Thanks.
 
quant and eco - are easy to start off with - but go through them quickly. I say this because there is a TON of material on these - so you could spend a lot of time going thro them.
you would be well advised to look at the actual exam weightages.
From what I recall - FRA, Fixed Income and Derviatives have a lot of material with high weightage for Level 2.
 
I think you will be fine given that Quant shouldn’t change yoy. Good luck my friend! I hope to see you in other discussions from now until June!
Cheers - Lostone
 
Thanks cpk123 and Lostone. And good luck to you too Lostone.
 
Economics Reading 13 - Currency Exchange, is dirty and enough to mangle you brain. I started readingit, came close to half of the chapter ,(over 80 pages chapter) closed the book and went back to FRA. FRA is my strong point :)
 
I started with L2 preparing a couple of weeks ago. Since I joined in Schweser trial, I have only Ethics, Quant and Econ material. It’s just enough till 26/01. Now, I am about finishing 1st reading of Econ and agree with above that I had a headache about Currency exchanges and triangular arbitrage. Quants are quite straightforward and Ethics is same as it was in L1.
 
Is Jan 5 not too late to start studying for Level II in June? What is the Schweser trial?
 
I am talking about this..
https://www.schweser.com/cfa/jump-start
Got material for first 3 sessions (Ethics, Quants and Encom) free of charge expiring on beginning on February. Supposed I will purchase entire material for L2 if I pass L1. If not, it will just expire with 0 cost for me.
 
Im doing Wiley, much more detailed that Schweser which I used for L1, am expecting to finish the 1st two by the 26/01 FI is a few number of pages surprisingly
FRA
FI
QUANT
EQUITY
PORT MAN
DERIV
ALT INV
CORP FIN
ECON
ETHICS
 
Done w quant. I will start w Econ tomorrow. My thoughts on Quant:
A lot of overlapping material between reading sessions (x=b0+b1x1, T-tests, F-tests) comes primarily to mind; however, Time-Series detours a bit. In terms of importance for the exam, I think the below is accurate (will be taking L2 for the first time, so don’t quote me):
1. Multiple Regressions and Issues in Regression Analysis
2.Time-Series analysis (to me was very boring)
3. Correlation and Regression
Cheers - Lostone
 
Although I do 60ish hours a week at work, I am a bit concerned that it took me 9 days to finish Quant! I hope this is just my warm up and I improve my timing of going through chapters as the process goes along!
Quant: 9 days
Econ: …will keep you posted
 
You must log in or register to reply here.
Back
Top