Level III Study Plan advice needed... Desperately

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dhruvkapoor1987

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Hi All,
I had passed L2 last year and had registered for L3 right away. i ordered the print curriculum and have also got hold of Schweser.
Now the trouble is… I’m not finding enough motivation to start studying.
I picked up Schweser book 1 and started with behavioral finace (thought of proceeding in order… ethics in the end)… but found it really not so interesing… i tried it thrice… gave up all 3 times
Now its hardly 100 days to the exam and i haven’t studied anything at all. feeling totally lost. Scared like shit that i’ll flunk. I work full time so i hardly have the enery on weekdays to study after work.
any tips would be welcome… especially what order should be followed for reading the topics…
L1 and L2 i did CF first, then Equity and so on… topics which i loved. In L3 I believe everything is inter-connected… so don’t know where to start.
Please help.
 
I had the same issue when I started with Behavioral finance from CFAI.
I switched to schweser right away and from then onwards it worked fine.
Have you tried schweser?
Feb 17.. around same time I “Started” preparing for L2 which has way more material than this.
So its not late if it helps motivate you.
Almost Three half months left and you’ll be done with this whole thing. (not a huge portion of your life to sacrifice)
 
100 days = 3 hours a day, or 2 hours on weekdays and 5.5 hours on the weekends. It’s definitely possible, I didn’t start studying until March for level 2 and passed first try, it’s a lot of work, but worrying wont help, just gotta do it.
 
Understand the difficulty in getting motivated. I also got the print materials right away and eventually did start studying, but really didn’t hit it hard until January. Very hard to get motivated after the relief of passing L2.
I started on Vol 2 Behavorial Finance and went straight through with Ethics interspersed. I’m just about done w/ all the reading (first pass) and would recommend going from Vol2 - Vol6. It kind of comes full circle and you start to see the big picture as you get into Vol6.
If you’re short on time, try skimming instead of reading word for word. That’s what I had to do for L2 due to time constraints.
 
Cut off friends and family for the next 3 months. Those that matter will wait on you.
 
former trader wrote:
Cut off friends and family for the next 3 months. Those that matter will wait on you.
Click to expand...
Keep the dog though
 
Last year I put in a huge effort and failed band 4…and you can search in here…and read all the people who invested hundreds of hours, yet failed band 8,9,10.
You’ll definitely fail unless you start now and put in 100%. It’ll be a ridiculous shame to suffer thru L2, to give up at L3.
Take my experience of failing last year, and START NOW. Agree with the top poster…forget reading CFAI at this point. But you should do end of chapter questions from both CFAI and Schweser, and blue box in CFAI if you have time.
Skipping CFAI isn’t to take the easy road…it’s becuase you probably wont have time at this point. You should also do about 6 practice exams.
 
Thanks a lot everyone for the advice… time to pull up the socks and nail the test.. Once and for all
 
Dhruv,
Do take storlab’s advice seriously.. i am taking it seriously. It takes guts to share one’s painful experience and let other learn from it…Experiential learning!!
 
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