CFA CFA Level 2 how’s everyone’s progress?

how’s everyone’s progress?

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      I’m going really slow – much slower than expected. also, of the topics i’ve covered i’m not sure how much I remember…

      too much stuff going on outside of CFA, not really motivated when it comes to study sessions. was wondering where everyone is and how they’re feeling at this point.

    • Avatar of tachemantacheman
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        I’m having a slow day today. Already it’s 1.5 hours and I haven’t gotten beyond a few pages.

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        @diya @fabian it’s just a lot less calculations and formulas. it’s more conceptual and a focus on asset management, which I find much easier. Having said that the general wisdom is that the challenge is the format of the essay questions so I’ll report back on that later 🙂

      • Avatar of SnippySnippy
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          • CFA Level 2
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          I’m 4 topics in, 6 to go. Hoping to finish the rest soon enough too.

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          at the risk of sounding cheerily annoying, I’m actually quite enjoying the process. this will wear out for sure later down the road, but for now i’m trying to capitalize on that.

          Yep, always starts off that way…

        • Avatar of policedogpolicedog
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            I’m feeling good about progress. I keep a study log, and filling it up and reviewing it helps visualise what I have achieved so far and helps with motivation.

          • Avatar of Maroon5Maroon5
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              • CFA Level 1
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              Indeed @policedog, the urge the tick the darn box off keeps me going. But prolly because the weather’s been crap lately – inversely correlated with motivation!

            • Avatar of ReenaReena
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                still scraping through and maintaining the time schedule, though not sure if much is registering in my head :S FRA is just insane

              • Avatar of tachemantacheman
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                  Saturday, I’ve gymmed and had an awesome brunch, now I’m ready to roll.

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                  Reading reading – although I must say level 3 is easier on the eyes than level 2.

                  Easier how? Less books to contend with? Or are there lots of pictures? Knowing level III is good motivation to buckle down and not let level II break me.

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                  Was going awesome until last week, I couldnt get myself to study… but this week is going to be different, I promise.

                  Good luck – I want to hear about the progress =D


                  @jimmyg
                  thanks. I always do way better when it is conceptual. Did you find the level II exam exceptionally difficult due to the exam format? The fact that there are far less questions than level I is worrying me.

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                  Thanks for the tips @jimmyg!

                • Avatar of hairyfairyhairyfairy
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                    at the risk of sounding cheerily annoying, I’m actually quite enjoying the process. this will wear out for sure later down the road, but for now i’m trying to capitalize on that.

                  • Avatar of tachemantacheman
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                      Wading in derivatives at the moment.

                    • Avatar of Maroon5Maroon5
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                        Progress? Stuck at Quant methods now… gargh

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                        Reading reading – although I must say level 3 is easier on the eyes than level 2.

                        Easier how? Less books to contend with? Or are there lots of pictures? Knowing level III is good motivation to buckle down and not let level II break me.

                        Yeah – curious about this as well.

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                        @diya secret sauce is definitely a good move. 🙂

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                        Afterr going through all 3 levels, I actually found Level 2’s structure a little more predictable and reassuring.

                        Yes the L2 material was bucket loads, but somehow I got an eerie feeling of L3 being too ‘easy on the eye’ as @jimmyg said (or rather everything just didn’t register in my brain)… well hence my Level 3 morning exam fiasco…

                        @Diya – sticky notes, summarised notes etc on formulae definitely helps! especially last minute revision 🙂

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                        Just put FRA behind me, but I’m pretty sure I’m gonna have to dive back into that at some point. Very patchy understanding.

                      • Avatar of Maroon5Maroon5
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                          I’m finally at equities section. good lord its not FRA

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                          Good stuff @Sidmenon!

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                          I’m behind where I want to be, although have stepped it up this week and will have finished my second L3 schweser book (not in order I might add) by close of play tomorrow. Am aiming to get through all 5 by mid April so that I have 6/7 weeks to do EOCs and practice exams.

                          Would definitely agree that it seems easier than L2, probably down to less content and a lot less equations. The hard part will definitely be recalling the content, as you don’t get any clues from the multiple choice answers. In L1 and L2 you were statistically likely to get 33.3% on questions you have no idea on…in L3 your statistically likely to get bugger all!

                        • Avatar of hairyfairyhairyfairy
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                            Still muchos behind. Didn’t really get much done last weekend, but had a good day today.

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                            I’m behind as well, having covered a bit more than half of the material. However, I’m still confident that I’ll finish on time for a quick review and mocks.

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                            Reading reading – although I must say level 3 is easier on the eyes than level 2.

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                            Was going awesome until last week, I couldnt get myself to study… but this week is going to be different, I promise.

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                            @diya the difficult part of Level 2 for me was content. Way too much to retain at any one time. Don’t let the fact that there are 50% less questions throw you off guard – because the vignettes involve so much reading, they will still take a lot of time, easily twice the time each Level 1 question takes.

                            Also, because there is a long introduction to the problem, the questions can be much more in-depth.

                            the commandments section covers several aspects of this. keep me updated with progress and let me know if you have any more questions!

                          • Avatar of SnippySnippy
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                              • CFA Level 2
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                              Drowning in quants currently. But sticking to my schedule as tightly as possible.

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                              The hard part will definitely be recalling the content, as you don’t get any clues from the multiple choice answers. In L1 and L2 you were statistically likely to get 33.3% on questions you have no idea on…in L3 your statistically likely to get bugger all!

                              That does motivate a little bit. However you do still get 33.3% of the PM session 😀

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                              @Diya, I had the same feeling when reading Level 3 too. Level 3 is more conceptual and readable, whilst Level 2 was full of formulae and just took longer to go through and fully understand a page.

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                              @jimmyg thanks.
                              Will do. I will finish going through the curriculum by the end of this month. Then it is just a question of how many of the formula’s I still have memorized when I go through my first practice exam. I have sticky notes everywhere with formulas and key points @.@
                              Oh and I still need to go through Schweser’s “secret sauce” book

                            • Avatar of tachemantacheman
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                                Marching towards a raggedy finish…

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