How do you study Ethics?

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I failed Ethics in Level II. I gave it a read from the curriculum once and another time from Schweser. I practised a ton of questions, but it always felt like “guess work” in the end. The problem might be that I find it so boring that it saps all my motivation to study it.
So what is your study strategy for Ethics? Do you have any tips on how to overcome the section?
 
I study it the last week before the exam by skimming through the bullet points and doing CFAI EOCs.
It should be intuitive more than anything. Get into the moral framework of what the Ethical analyst should practice, then most of the questions should come easily, at least for MCQs. I mostly capitalized on the wordings, if they tried to make an analyst sound unethical, I’d look harder and try to find why he isn’t. And the same for the opposite. They are mostly testing you for specific moral dillemas, and they tend to get repetitive tbh.
Other than that, just study as you do with the rest of the topics I guess.
 
MrSmart wrote:
I study it the last week before the exam by skimming through the bullet points and doing CFAI EOCs.
It should be intuitive more than anything. Get into the moral framework of what the Ethical analyst should practice, then most of the questions should come easily, at least for MCQs. I mostly capitalized on the wordings, if they tried to make an analyst sound unethical, I’d look harder and try to find why he isn’t. And the same for the opposite. They are mostly testing you for specific moral dillemas, and they tend to get repetitive tbh.
Other than that, just study as you do with the rest of the topics I guess.
By bullet points, do you mean Schweser summaries, secret sauce, summaries in the CFA book?
 
Schweser notes wraps up the concepts in bullet points, and skim through the examples provided after each.
But again, that’s what I do, you might need extra work on that area. In which case, refer back to the CFAI material for codes you do not understand the intuition behind.
 
Just try solving as many problems as you can. This is what I do.
 
MrSmart wrote:
I study it the last week before the exam by skimming through the bullet points and doing CFAI EOCs.
I use the same strategy.
 
Blackou wrote:
MrSmart wrote:
I study it the last week before the exam by skimming through the bullet points and doing CFAI EOCs.
I use the same strategy.
I’m going to ask you the same question I asked baklava. Do you do that without reading the CFAI text?
 
I do read the CFAI text (and only the CFAI text as i work only with CFAI books), but only within the last 2 weeks prior to the exam
 
Solve different variation of ethic questions and understand the nuances. Focus more on answers provided. Why answer a is better than b etc.
In general, out of 12 questions in the exam, 4 will be easy, 4 will be medium and 4 will be tough. Try to crank out the easy ones, 2 medium and at least 1 tough (that should get you above 50% in ethics). Better than failing in it.
I struggled too with ethics, but with practice I got to near 70% level.
 
For the first time I have revised and solved Ethics questions as early as March. I used to check Ethics only before the exam but this time want to do better so did not want to leave it to the last minute. I think I have read the Schweser and then solved all the questions in Schweser, CFA original book and the CFA website as well. I think it is important to know which rule relates to which standard to properly understand what the question is asking and to give the correct answer. So one should revise the standards at least once.
 
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