Last 3 books of Level 3 curriculum
- Thread starter Goodwill
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I haven’t read ethics yet, since I’m assuming it’s the same as levels I and II (please tell me if I’m wrong). But I found the second half to be easier, probably because it didn’t include behavioral finance which took me forever to get though out of sheer boredom.
there are of course a lot of questions that get thrown in that are easy points.
and if you look at the AM exams in the past couple of years - you will see definitely a lot more shift towards Risk Management, Risk in general, how to mitigate that risk by hedging / otherwise.
Also do not neglect the Portfolio execution / rebalancing. More often than not, shows up on the AM.
and if you look at the AM exams in the past couple of years - you will see definitely a lot more shift towards Risk Management, Risk in general, how to mitigate that risk by hedging / otherwise.
Also do not neglect the Portfolio execution / rebalancing. More often than not, shows up on the AM.
I think it gets harder at book 5 bc of all the risk management/hedging but then better at book 6.
Book 1 is a soft ball. In gereral I would say slightly harder on the back end. You’re all more sick of it so it gets harder to deal with. I’m thinking of skipping the last half of book 5, risk mgt, and go to 6, then come back.
But i think once done with the books, EOCs too, and you’re at doing practice/exam problems, real learning begins.
Book 1 is a soft ball. In gereral I would say slightly harder on the back end. You’re all more sick of it so it gets harder to deal with. I’m thinking of skipping the last half of book 5, risk mgt, and go to 6, then come back.
But i think once done with the books, EOCs too, and you’re at doing practice/exam problems, real learning begins.
OMGMileyCyrus
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- Feb 4, 2014
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I’m working through Volume 4 right now, after finishing Volume 2 and 5. I didn’t go in order because I wanted to focus on the topics that I thought were the most interesting to me. I think Volume 1 shouldn’t be bad, but I’m not too sure what I have in store for me in Volume 3 and 6. Best of luck to you!
Volumes 3-4-5 are certainly less boring than many parts of volumes 2 and 6.
I tried level III in 2012 and what I notice now is that derivatives sections are vastly less quantitative now than before, which I think sucks.
Learning how to value swaps and a forward position is time consuming, but once you have it you have it and these are essentially free points.
I tried level III in 2012 and what I notice now is that derivatives sections are vastly less quantitative now than before, which I think sucks.
Learning how to value swaps and a forward position is time consuming, but once you have it you have it and these are essentially free points.