Is it too late to start studying for Level 3?

babyik wrote:
[ PS- I myself am a Level 3 taker and am am aware of many candidates who have just started the Leevl 3 syllabus]
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Many candidates will fail.
 
babyik wrote:
It is not late. Rather it is the ideal time as there are 50 days left so on an avg if u invest 6 hrs that would be 300 hrs which is the recommended reading anyways for CFA Level 3. You may have to finish the Schwser reading by April end. Dont focus on remembering. Just try to undestand the concept when u r reading. There would be around 20% of the material which would be speedbreakers. Ignore them in the first reading. As someone suggested in this forum elsewhere try GIPS/Ethics by solving as many questions as possible. It is better to solve the past years papers and complete the mock test first and then do the EOC questions . The key point is to finish the AM session as candidates normally complain of not finishing it and then carry the despai to the PM session. Last 10 days should be devoted to taking as many tests as possible. All the best . [ PS- I myself am a Level 3 taker and am am aware of many candidates who have just started the Leevl 3 syllabus]
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You are pushing it, dude.
Now is very late to start and certainly not the ideal time.
 
Anything is “theoretically” possible, even passing LIII with study beginning now.
You are going to have to take a lottery attitude, meaning that the things you decide you will know a little better and deeper than others will likely appear on the test, and some other things you will just simply choose to be “aware of” and hope memory flares at the right juncture, but that you will hope that these just simply don’t appear. Set up a basic foundation by being sure you know stuff that obviously will appear on the test (whether AM or PM): behavioral finance, ethics, asset allocation, etc.
If I had just a little more than a month, I would:
1. skim the white text, and do EVERY blue box example. Yes, every blue box example. Did I say every one? EVERY ONE. The curriculum is, for the most part, concentrated in the blue boxes. The test will throw stuff at you that is sometimes in the white text, but the white text is what I might call the “be aware of” and hope they don’t test from it too much.
2. Do random EOC questions. If you follow the blue box stategy, you will simply not have any time left to do all the EOCs. Try and concentrate on the EOCs that are at the end of the EOC list, as many people simply poop out and never get this far and CFAI may spring surprises from these.
3. Definitely do every question in the old exams that are variously accessible both on the CFA website as well as generally throgh google. Concentrate on the IPS questions. Don’t go back more than 5 or 6 years., as utility fades.
4. Spend 4 days at LevelUp bootcamp with Marc Lefebvre. By doing this, you will accomplish items 1, 2 and 3 part-way, as Marc focuses on close analysis and explication of exactly what is in all of this stuff.
If I had to weight relative time value of focusing on items 1 -4 above, I would value weight 50% on #4, 20% on #1, 20% on #3 and 10% on #2.
 
Auburn wrote:
“4. Spend 4 days at LevelUp bootcamp with Marc Lefebvre. By doing this, you will accomplish items 1, 2 and 3 part-way, as Marc focuses on close analysis and explication of exactly what is in all of this stuff.
If I had to weight relative time value of focusing on items 1 -4 above, I would value weight 50% on #4, “
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The dude is from India.
pb73, to join the bootcamp, you’ll need to apply for a US visa right now. You’ll obtain it hopfully before xmas.
Just do your best. If I were you i’d the exam just for the adrenaline rush.
 
I know a guy who works a few desks down who started end of March and passed last year. Its clearly doable - all relative to the amount of effort you put in. We’re not building rockets here.
 
Re: Dude is from India.
I read the queston in its broader generic sense
 
I passed L3 while somewhat drunk and having partied all night at a club with models and bottles.
 
If this was a major emergency with career/reputation/life/death on the line, I could help rush a visa. I have a connection to the newly appointed abassador from India to the USA and also know the local Consul General of India. His biz card is somewhere in my office desk. It could be done with some political lobbying. ”The dude” could make it. Not to stereotype, but Indian people have a high rate of “genius” in their population pool.
Auburn’s plan is doable. Plus 4 weeks to get a visa and go to the last San Fran LevelUp Bootcamp is tight but not impossible. Totally unprepared, clueless people have passed.
 
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