How much did you study?

L

L2 Canuck

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When you complete the designation you don't have to attach a document showing all of your exam results. If I can spend 30-40 hours studying and pass, and I can have a life at the same time by going out and spending time with friends and family, Why would I ever waste a year of my life studying "300-500 hours"? I've never understood this type of person. Big picture, study enough so you can pass and then enjoy your youth while we still have it.
 
L2 Canuck,

In life there are lots of different people, I think you are the one whom every one thinks off as `is he really working` why did he get promoted etc type of questions or comments. Some people have to do it the hard way and once you are used to that, its difficult to find an easier path and some tried but its harder to succeed. (I think I am using my own XP, but not totally).

But like you said, life is to be enjoyed too for once its gone it is GONE!

(IF my suggestions above are not accurate, then bear in mind that is only an assumption or a scenario)
 
L2, that's cool if you can do that... I'm saying for someone without a finance background, it takes some work to catch up. I think if someone wanders onto this board and asks what to expect, it's tough to tell that guy to expect 30-40 hours. Expect 200 hrs or more, and then if you crack open the books and the stuff's all review for you, maybe it's a lot less than that. It's just a disservice to people to tell them to expect a minimal effort to get through this.

More power to you that you've got a background that makes this stuff cake - for most of us, it just doesn't work that way. 750 GMAT and 3.8 GPA in college, so I'm not some dope, the material's just a lot to cover for someone who hasn't studied it in the past.



I'm not a charterholder, but I did stay at a Holiday Inn Express last night
 
A totally agree with you sox, but it was the comment about the PhD that made me respond. If you don't know much about any of the subject matter, you have a lot of work ahead of you. But for someone with a PhD in finance, or like me with a bachelors degree from an average school, it is crazy to tell them that they are being proud of slacking when they just know a good portion of the material already.
 
Sox 1918.

I'd say your dead on. Better to be safe than sorry. Plus this isn't about just having a designation, it's about learning and if anyone is going to do that half-a$$ then you shouldn't bother.

Just my two cents worth.
 
Sox1918,

Your post just killed my day. I just realized that your a 100% right about what your saying, which means that i have to study quite a bit ...freakin hell.



Post Edited (Friday, August 13 @ 9:58 am)
 
L1 - about 200 hours, passed first time, used Allen notes and testbank (both sucked)
L2 - about 275 hours, passed first time, used Schweser notes and testbank
L3 - about 275 hours, passed first time, used Schweser notes and testbank and PassPro testbank and Figov notes (there was no way I was going to fail L3)

Never used any AIMR texts other than the Ethics book.
 
Very impressive! I have similar ACDM background and XP to you and will take june05 L1. I am not strong in acc/quati at all so I guess I will have to put in much more time on ave. What is more imporant, as you said, is the solid and systematic knowledge base you will retain for ever in your life.
Good luck!
 
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