thank you for your sharing

These condensed LOS and end of summary Q & A would give candidates a great help during the week of revision before the exam date.  Make sure every LOS you have inside out understanding with reference to the challenge Q & A.  Failed many times of L2 and revising the LOS summary, doing the Curriculum end of chapters Q & A and end of chapter Q & A would have a greater chance of passing this exam.

距離CFA還有３２日，同學進度如何？

There are 18 days to go for Level 2.  I have copied some advice from Finquiz to share.

Week 1-3:

I would try for a minimum of 20 hours each of these three weeks. Each Saturday, I would start the morning with a full practice exam with topic area weighting consistent with the exams. These are going to show you in which areas you need to study. We’ve covered the ‘core’ material for the exams in prior posts. You need to be scoring a minimum of 80% in these to be confident going into the exam. If you are not doing well in areas like Ethics, Financial Reporting & Analysis, and Equities (as well as a few others specific to each level), I would concentrate my time here. Level III candidates absolutely must study and practice the old essay questions, of which we have worked eight on this blog.

Sunday was usually spent reviewing the videos for two or three topic areas, which usually meant around 5 hours. Though videos are a form of passive learning, and not as effective as practice problems, they are a good way to get the material from a different perspective.

Monday through Thursday usually meant studying summary sheets through lunch each day. After work, I would spend another three hours reading the study guides and doing end of chapter problems from the official curriculum. You need to make sure you have worked through all end of chapter and ‘blue-box’ problems in the books. These problems are the most closely related to those you’ll see on the exams. With 18 study sessions, I usually try covering at least three per week (choosing those ‘core’ areas and those in which I scored lower on the practice exams, hopefully having been scoring high enough on at least 6 study sessions that I could put them aside).

Week 4:

This week, I would always take off from work and study approximately 40-50 hours for the week. Each day would start off with a three-hour practice exam. After that I would spend another three hours reviewing study guides and doing practice problems for the respective study session. The last two hours or so was usually spent reviewing flash cards or making new cards if I found a particular area or formula in which I needed help.

Each year, about 50% of candidates do not pass their respective exam and this year will be no different. If you have not prepared sufficiently, you can still avoid showing up in one of those fail bands, but you will need to concentrate and make some sacrifices. An excess of 100 hours spent studying over the last month may seem like a lot, but spending that time now will save you from having to do it next year.

Wednesday, we’ll look at some of the dividend discount models for the level II CFA exam and question #5 from last year’s level III morning section of the exam.

15 days to go!