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Hi all,
Just looking to compare notes about how people are tackling this beast at Level 2. From looking around here, it seems are are many strategies, but I find myself gravitating toward one specifically and I am unsure it what worked at L1 will be sufficient to pass L2. In L1 (and so far in L2), I am mirroring Schweser's model (leave Ethics till last, do everything else in the same order as the CFAI books). But I find it really hard to move on to the next topic/study session until I master the one I am on. And as of right now, I am just finishing corporate finance with only 86 days to go. I am scoring consistently in the 80-90% range in quant and 70% in econ/fra/corp finance, but I am worried I am running out of time. Like many others, I didn't really start until I learned I passed L1, which was practically Feb.
I've seen some suggestions that one ought to go through the materials once first, THEN go back and do the "deep dive." I realize there is more than one way people learn, but I am curious to learn what other strategies at this particular level worked for others. I am tempted to aim for 65-70 range in practice quizzes then move on, then revisit the weak areas to try to squeeze some more points out. Alternatively, I could just stick with what I am doing now.
Thoughts/Suggestions?
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Comments
I'd recommend finishing studying the material 1 month before the exams as your primary focus, leaving the last month for practice exams. I'm not sure if there's time to go through the material lightly once, and go back for a deep dive. Make the first time your deep-ish dive (if there's such a thing), and move on to do whatever it takes to finish reading all materials 1 month before. I personally didn't take the practice quizzes or end of chapter questions too seriously (in terms of score), except that it's an indicator for which topic I'm weaker in as a note to myself for the last month where I tackle practice exams. I will then, as expected, get more questions in those topics wrong and revisit them in the books to make sure I don't repeat them again.
I'm a L2 candidate too, indeed there's so many things to cover but hey, at least we have multiple choice questions still
When you start working on the EOC Q or practice exams, all you're doing is just refreshing what you have learned and correcting any misconception that you have. That worked pretty well for me thus far, hope it still works for L3.