CFA CFA Level 2 Order of Studying for Level II

Order of Studying for Level II

  • Author
    Posts
    • simply_complex2
      Participant
        • CFA Level 1
        Up
        0
        ::

        Hey everyone!
        I was hoping for some guidance in the order of studying for level 2. Any recommendations? 

      • hellomarconi
        Participant
          • CFA Level 2
          Up
          5
          ::

          Personally I think there is no such a thing as ideal order of study. I agree with gansub’s last comment though – it is important to review Ethics before the the exam.

          For instance, I prefer to start with the topics I struggle – which are FI, AI and DER. This helps take the pressure away – as there isn’t any time constraint. Also, it helps with confidence and a better overall understanding. After you tackle your difficult topics then the easy ones start making much more sense.

          Regardless of the order you choose, the most important thing is to stick to your plan! Aim for 75% overall and you should be good to go.

        • gansub
          Participant
            • CFA Charterholder
            Up
            4
            ::

            If you have an accounting background then start with FRA, then Equity and then Corp Fin.  That should be ~50% of the weight.
            Then go for FI, Derv (do not use CFAI materials for Derv) and AI in that order.
            Then PM, Quant and Econ.
            Lastly Ethics about 2 mths before the exam so it is fresh in your mind.

          • Stuj79
            Participant
              • CFA Charterholder
              Up
              4
              ::

              I would recommend not leaving derivatives until the end….it can be a relatively “hardcore” session (depending on your background of course) and can take a little more brain power to assimilate than some of the others sections. You may need a couple of runs through the material before it clicks, but once it does it’s like “free points” on the exam. If you know your stuff, it’s not impossible to get 100% on the exam as whatever questions they ask, they will all rely on the same base techniques of calculation. Once you master those techniques, you can answer any question they throw at you.

            • salilmathur1690
              Participant
                • CFA Level 2
                Up
                3
                ::

                I followed the pattern followed by Arif Irfannullah. His videos are in the order of readings of CFA notes but he sometimes goes non-linear while covering topics which is great in the long run. I did my entire syllabus using his books. I wouldn’t mind sharing those videos with you along with his presentations. Email me at salilmathur1690@gmail.com if you’re interested. 

              • simply_complex2
                Participant
                  • CFA Level 1
                  Up
                  1
                  ::

                  Also, are there any key areas you should definitely focus on? I wasn’t sure what to make of the ranges other than equity and FRA are important

                • ensenmason
                  Participant
                    • CFA Level 2
                    Up
                    1
                    ::

                    I’m starting with corporate finance and going in order from there.  Much of the beginning like quant and econ have a lot of memorization where later, it seems more concepts based. Concepts stick better with me so im saving the beginning for the end so to speak.

                  • dodo
                    Participant
                      • CFA Charterholder
                      Up
                      1
                      ::

                      Totally agree to start with FRA or Corporate Finance. I also always leave Quants till the end

                  Viewing 7 reply threads
                  • You must be logged in to reply to this topic.