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in reply to: The CFA Level I & II June 2014 Results Roundup #79572in reply to: How did it go? No question discussions please #79236::
Ah, the level 2 I thought it was hard, specially the morning session. There was a couple of topics that I didn’t study well and they decided to make the 6 questions about them :S
In the afternoon session I felt better but I know there were many tricky questions. Does anyone know the date of the results?in reply to: IFRS vs US GAAP – is there a summary available? #78808in reply to: CFA Mock Exam 2012 / 2013 – does anyone have it? #78807::Hello, here’s the link for all the mocks and practice exams I have. Good luck!
https://www.dropbox.com/sh/95hkq7nh6274lj1/AAD_Gs267OmsgtCeAeege38ea
in reply to: Omissions in Kaplan Schweser vs. CFA Curriculum #78402::They removed that chapter this year, it was replaced for 2 other readings.
http://www.passingscorefinance.com/LOS/2013-2014/Level2LOS2014.pdf
in reply to: CFA level 1 study books #78252::Nevermind… I got it.
In case someone is curious: http://www.grammar-monster.com/lessons/an_or_a.htm
in reply to: How much time off work before test? #78122::I personally think that the 300 hours reported in the surveys are inflated for several reasons:
First, I think very few people actually keep track of how much they have actually studied for the exam, and when it comes to answer the question, they take a guess, which I think is more than the actual time studied. Why more? Because having so much material to study, some of it so tedious and hard, makes you think that you spent more time that you actually did. I say this because I keep track of every hour studied, not to reach a target of 300hrs, but to see the pages per minute on every reading and to keep myself motivated to look at some progress. If I had not done this, I would have guessed very wrongly on that question. Now that the 300hr mark have been in the front page for many years, people would usually say 350 or 400hrs if they think they studied a lot, and 200-250hrs on the contrary.
Second, I think there is a conflict of interest, because the CFA wouldn’t want to have a program in which you can pass with “only” 100 hrs… I am not saying they do this, just that the conflict of interest is there and rounding up the average wouldn’t hurt.
And third, based on my experience, which is someone who is usually a slow-avg reader and the kind that finishes last on the exams, personally take around 150 hrs to read all the schweser notes with all EOC and counting revisions of the summaries before doing the Selft-Tests. Sum that another 50-70 hrs max on revisions and mock exams, that’s 200-220.
In conclusion, I think you should study until you get 70%+ on the mocks. This is just what I’ve been thinking lately looking at my spreadsheets from lvl1 and lvl2. I think too many people talk about how many hours they take without actually measuring them and that makes them higher than they should be.
in reply to: How many study hours have you guys logged so far? #77974::Very nice article! I found out in level 2 that watching the Schweser videos before reading a chapter not only is making it easier to study when I get home but makes the read a lot easier and funner.
The process is: watching the video with the end of chapter summary on hand and a pencil, take some notes and compare the material during the video. After that sit down and read the chapter quiclky only emphasizing in the hard parts and examples, and skip almost entirely the easy or very well explained parts. After that do the end of chapter questions.It takes me almost the same time to read everything from scratch and this video-read combo, it started as just a test but I am loving it very much now!
I’ll report the results after June 😀
in reply to: Avoid This Tragic Level II Mistake… #77405in reply to: Study plan for level 2 #77371::Ah, I was just checking your reference to cell C12 @Dan, I read it as (with the comment in that cell) as start date for practice papers, only to see the heading above called ‘deadline’ and understood the confusion. But that cell doesn’t affect any other calculations I don’t think.
@Maroon5 @Sophie
Hey, I think only one cell is affected: the one that displays a warning that it won’t be enough time if it’s less than 30 days before the exam date (b14). It should point to c11 instead (which would be the start date of practice and revitions) -
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