When to Begin Studying – Part II

Question

You can find part I here

Since I've taken so long actually responding to the numerous questions I will answers them below.

@Alta12 Not telling. Only because my biggest failing was that I was sick. I can't even recall what questions I had in the afternoon session.

@Jwa I believe that is more dependent on memory and how much I like the stuff that I am studying. I was flipping through the books and I tend to remember the theories it is the formulas that slip away first for me. I also study north of 400 hours for level two but I think this time around I will stick with the 300 hour guidance.

@vincentt thanks! I actually still experimenting with this type of study schedule. Since I have time I might as well figure out what is optimal for when I have to tackle level III. I am finding that is very helpful for formula recall small details that we have to be mindful of in financial reporting analysis.

[Note]
More to come. Just working out how to present what I have learned from the change of style.

Sophie Macon · Answer

Can't wait @Sarah :)

Jwa · Answer

@Sarah I also had problems with formulas at LI and LII (possibly LIII also, but hard to tell/I doubt it).  As I was reading through materials, I wrote down every formula I came across under different section headings on A4 sheets so I ended up with a couple of small books of formulas, including proformas for FRA, espcially at LII.  I also didn't write them down necessarily in the CFA or Schweser (or BPP) format, but sort of made up my own shorthand which I would remember.  Perhaps you have done similar?  But that always seemed to work better to me than reading through lists of formulas in various materials.