Passers...material question??

CFAI books - know the material in and out. The questions in exam will come from the material so studying the curriculum thoroughly is the key. Blue Boxes plus EOC questions - revised 2 times.
Didnt waste time/money on Schweser although you may consider buying Practice Tests - Vol 1 & 2.
 
Schweser notes, mocks, and CFAI mock only, less text and goes straight to the point, did about 250 hours. I did Level 1 in Dec2012 and actually read all the CFAI books and that took a great amount of time. None of the content is actually difficult, its just the amount of material that is difficult to remember.
 
1. CFAI books - read, did BBs EOCs; concurrently with FinQuiz Qbank (some errors in FinQuiz stuff)
2. Review + rr-read BBs and re-did EOCs
3. FinQuiz Mocks + and CFA Mocks + review of all answers + using Elan 11th Hour as base, built up my exam file
Good luck!
 
Pharma guy said:
1) Read CFA from start to finish
2) Read Schweser from start to finish
3) Did Schweser and CFA end of chapter questions
4) Read Schweser from start to finish
5) Read Schweser from start to finish
6) Videos Schweser from start to finish
7) CFA end of chapter questions and schweser
8) Mock tests and review weak sections
9) Spent majority of time on Equity, FRA, Corp, AI, Derivatives, PM (little did that help) and FI
10) review ethics last week
11) paid lip service to econ and quant. Hated quant, liked econ so did better on that. When you have people who have masters
How many hours did you put in?
 
cwonglex wrote:
used Schweser notes and practice exams for L1 - passed
used Schweser notes and practice exams for L2 - failed
used CFAI notes, mocks, EOC questions and Schweser practice exam only for L2 again - passed
would be doing the same again for L3.
prefer to read the CFAI notes as its more complete, albeit a lot more boring and wordy.
I will use CFAI notes this time around as well. How many hours did you put in on your second attempt versus your first?
 
CFA Curriculum EOC and Blue Boxes are the key to success. Use Schweser for the smaller topics (quant, PM, Econ, Alts, etc.), but be sure to look at those EOCs and Blue Boxes in particular!!
 
nothing but Schweser books. didn’t even downloan CFA books, never laid eyes in the famed EOC.
took really good notes and, as i said on the other thread, really understood why things are the way they are. As in, don’t just memorize, but understand, be able to explain in plain English why, why, why.
 
Hi Hanna,
As a retaker I am considering to buy videos from Elan. Do you know whether or not I can purchase only the videos?
Thanks
 
I passed the LII exam now in June 2013. My strategy was:
Feb-March:
Read Schweser notes + do EOC and challenge problems ~100 hours in total
April:
Schweser Qbank 2000 questions ~100 hours
May
Schweser Qbank and repeating difficult parts of the text ~75 hours
Read summaries in CFAI books. Did EOC questions in CFAI for 2 study sessions ~ 15 hours
Schweser mock exams (6x), CFAI mock (1x), Schweser live mock ~50 hours
Memorize formulas ~10 hours
Total: 350 hours (100 hours more then I put on L1)
The important thing is that you learn the way that fits you. The goal must be to really understand the material, and be able to apply it under strong time pressure. Personally I prefer problem solving to reading, but have friends that passed all exams with way less problem solving practice, but instead focused more on making good notes and reading more carefully.
Cheers
 
Hanna wrote:
I read the CFA-curriculum first, then used Elan for both L1 and L2. I passed both on the first attempt.
As indicated in other topics, Elan delivery times are shaky. However, because they forgot to deliver my books, I got free access to the videos (which I did not purchase in my package) and those helped me comprehend more difficult topics as well.

Overall I would recommend Elan over Schweser anyday, providing they get their delivery process up to par.
Hanna - How late were the Elan materials delivered (weeks, months)? I viewed one of their videos and thought it was great - and am thinking of purchasing their whole package.
 
Studied the material from the CFAI books (read the whole thing, took notes, did every EOC, bla bla), got over it as fast as i could so i can focus on review (i’m quite smart but my memory sucks). I spent the last 1.5 months taking mock exams which i believe to be the best way to review and recall long forgotten material. I worked with official CFA mock and sample exams, and with Schweser mocks.
Schweser exams’ format is quite different from the CFA exams, so don’t depend on them to get exam-like experience. They do, however, provide an invaluable reviewing source. You take 3 of their mock exams, and you’re almost guaranteed to covered 99% of the curriculum material.
 
Back
Top