CFA CFA General Do you use the LOS to study?

Do you use the LOS to study?

  • This topic has 7 replies, 6 voices, and was last updated Jan-18 by mattyc.
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    • PaulAdaptPrep
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      Do you use the LOS (Learning Outcome Statements) in your studying? How do you use them? Are they of benefit at all?

    • CFAAFC
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      This is a good question…Schweser has recommended that you do but I’m not sure how helpful it is….does anyone have experience of this?

    • hairyfairy
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      I don’t really look at it. Schweser and Elan both highlight the LOS in their materials, so I do stop to have a look at it. But it’s not the basis of what I decide to spend my time on. The LOS defines what gets tested, but I don’t think they’re represented equally.

    • PaulAdaptPrep
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      For the people who answered Yes… I’d like to know how you use them.

      To be honest, I’m not sure how to incorporate them. Its hard to read an LOS and self-assess to say “Oh yeah, I’m good with that”. It seems doing practice problems is far more effective for that.

    • hairyfairy
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      The problem I have with LOS is that its often not v specific. Especially ‘Describe’, it doesn’t really define what I need and needn’t know.

    • AlphaDoll
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      I only recently got the Schweser 2014 level 1 books, and just started studying two days ago – and *believe* I am using the LOS, but maybe I fall into the same category as reading it, self-assessing, and saying, “Yep. Got it.”  

       I think as I finish study sessions, I’ll write out the associated LOS, and without any notes try to regurgitate everything I can remember from the session to address the LOS as best as possible. 

    • christine
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      The LOS was more significant when there wasn’t even a CFA Institute set of books, where candidates had books where a significant portion were never going to be tested in the exam.

      With specialist providers these days, it’s still helpful to have the LOS, as @AlphaDoll‌ says to confirm things, but the idea is that providers interpret the LOS and provide the appropriate material for candidates to study.

    • mattyc
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      I used the LOS as a general guideline to help me frame the information I studied. Most of the time you can determine what is important in a certain topic without referencing the LOS but other times the ‘key words’ in the LOS like ‘calculate’, ‘describe’ and ‘explain’ helps you filter out uncessary info. More specifically if a reading contains calculations but the LOS says ‘be able to explain…’ then I know that I will most likely not have to spend time learning the exact equation. For L1 I went so far as to print out a list of every LOS as a reference to see how many I felt very comfortable with my ability to perform each one. I did not do that with L2 (mainly due to personal time restirctions) and it worked out fine.

      Like @christine and @alphadoll said its more of a cursory guide than a focal point.

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