What to expect

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300hoursoverand

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I am a Level 2 Candidate awaiting results.
I was just curious of what Level 3 feels like.
Could some one provide some insight?
 
Much less content to memorize. Much more about private wealth managment/individuals’ money management. If you can get used to written answers you should be good.
 
hhcave wrote:
Much less content to memorize. Much more about private wealth managment/individuals’ money management. If you can get used to written answers you should be good.
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What is the criteria for answering the essay questions?
Do they look at any specific set of attributes in an answer?
Is this disclosed by CFA Institute?
 
you will get the hang of it don’t worry about that at this stage. Come back mid August, because
a) there is a good chance you failed, as most do at level 2, and then there is really no point in thinking about L3;
b) this forum is still frequented by many, including myself, that might think they have a good chance at passing while actually they did miserably. you might be sent in the direction of failure.
If you absolutely want to know about what the AM portion looks like, then look online for past CFA papers. That might be a good start, as these papers should be prime practice material and they come with model answers which give you an idea of what the institute might be looking for.
Good luck.
 
I-will-pass wrote:
you will get the hang of it don’t worry about that at this stage. Come back mid August, because
a) there is a good chance you failed, as most do at level 2, and then there is really no point in thinking about L3;
b) this forum is still frequented by many, including myself, that might think they have a good chance at passing while actually they did miserably. you might be sent in the direction of failure.
If you absolutely want to know about what the AM portion looks like, then look online for past CFA papers. That might be a good start, as these papers should be prime practice material and they come with model answers which give you an idea of what the institute might be looking for.
Good luck.
Click to expand...
I am not confident about the Level 2 results.
I have a strong feeling that I wont pass. Dont have the same confidence like Level 1.
I just wanted to see what it felt like in Level 3. I made a big mistake of not doing the same thing for Level 2. I couldn’t identify the difficult areas and the exam difficulty in the beginning and that affected my preparations for the worse. Hopefully, if I pass I don’t want to repeat the same mistakes in Level 3
 
I-will-pass wrote:
you will get the hang of it don’t worry about that at this stage. Come back mid August, because
a) there is a good chance you failed, as most do at level 2, and then there is really no point in thinking about L3;
b) this forum is still frequented by many, including myself, that might think they have a good chance at passing while actually they did miserably. you might be sent in the direction of failure.
If you absolutely want to know about what the AM portion looks like, then look online for past CFA papers. That might be a good start, as these papers should be prime practice material and they come with model answers which give you an idea of what the institute might be looking for.
Good luck.
Click to expand...
Totally agreed with answer a – wait until you get your grades first.
Even failers can help provide you with introductory information. Additionally, these notes are pretty good for preliminary info. Also, as discussed above, the CFA puts out AM exams.
 
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