waleedhussain
New member
- Sep 9, 2013
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I am not confident about L1 ? So what can be a good plan for me? Start studying Level 2? I think I shall start for L2 and if i fail in L1 it will still help me when I appear for L2.
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I think people are over reacting. 5-6 new readings is not a lot, and these “readings” are not like 30 pages long each, and when you look at the comparison, which is available everywhere, you can easily get yourself familiarized with the changes.an-alyst wrote:
Well there is an addition of 5-6 new readings this year, so i would still call it DRASTIC.NANA Hachiko wrote:
A lot of L1 candidates think the curriculum changes DRASTICALLY every year when in fact, they are hardly noticeable.
So using materials from 1-2 years ago is totally fine.
Thank you !an-alyst wrote:
+1S2000magician wrote:
Especially if you’re just getting started and will transition to the current material at the end of January.
If you’re at all concerned about outdated material, you can look at the LOS changes from year to year, or simply stick with the material that is most unlikely to change. I’d submit that Ethics, Fixed Income, and Derivatives are unlikely to change (at least, not much), with Equity and Economics not far behind. They occasionally shuffle things around in Quant, FRA (which also changes when there are new accounting pronouncements), Corporate Finance, and Portfolio Management, and, perhaps even more so, in Alternative Investments.
Here you go BlueTrin, http://www.elansguides.com/docs/Los-changes-2013-2014.pdf
Can you share your strategy? How many hours/day? What kind of deep learning do you practice? How do you manage the time in exam?pokhim wrote:
Hi All,
If you’re fairly confident that you passed the exam and you’re thinking about L2 then I would say; bite the bullet and do it!
I passed L1 in December 2012 after c.5months of studying and was ‘fairly’ confident of a pass after completing 10 mock exams and getting scores between 69% and 73%. In the 3rd week of December I bought the L2 Schweser books from Ebay and started studying from the 1st week of January….
I had already honed my study style over the prior 5 months and knew how to strategize, make notes, be time efficient. My mind was still in study mode and my friends were already forgetting about me, so I thought what the heck…what’s another 5months?…
Luckily in June 2013 I was able to pass the L2 exam, and I am now starting to study for the L3 exam. If you think you’ve passed, then start studying for L2!!
Discipline is the key here! I remember my L1, I was fairly underdisciplined , and the worst thing is when you see that you skip the sessions you were supposed to do - thankfully a friend recommended TimePrep (even though I believe I would pass L1 without it ), but for the Level 2 exam I wouldn’t made such a good start without it, the exam material is crazy - based on what I’ve gone through so far I believe at least 30-40% harder than L1, no matter how hard that might be to approximate.an-alyst wrote:
I couldn’t agree more with you Pokhim!
I also started studying for Level 2 right after the christmas break. By the time my Level 1 result came, i had already covered the whole of quants. Thanks to Elan’s free trial offer.
I totally second Pokhim’s advice. Level 2 is no joke and it would require even more time, effort and discipline than Level 1. Start as soon as you can!