CFA CFA Level 3 Struggling to get started

Struggling to get started

  • Author
    Posts
    • Jwa
      Participant
      Up
      0
      Down

      Anybody else finding it impossible to find the time to even being their LIII studies this year? It may just be a factor of where I am in life/career but I can’t even find a free evening or day to begin studying until 19 January. Must admit I was quite alarmed to see how far along some people are already!

    • fabian
      Participant
      Up
      1
      Down

      I apply the same concept to my gymming – just start with a session where you’re allowed to do as little as you want. That way I remove pressure off the session and I’m just propelled by my curiosity of the topics, rather than the drive to pass the exam, if that makes sense.

      I’m finding the L3 stuff pretty interesting (more interesting than L1 and L2 anyway) so that may help @jwa! 🙂

    • Jwa
      Participant
      Up
      3
      Down

      @fabian good idea, and analogy. Probably exactly what I will do. It may be more interesting for some, but I find it dull as dishwater, particularly the second time around….

    • vincentt
      Participant
      Up
      0
      Down

      @fabian that’s quite true, I find L3 topics much more interesting than the previous 2 levels (not that i’ve done much, just started actually).

    • RaviVooda
      Participant
      Up
      3
      Down

      @jwa, i have started in December since I had lot of work lined up starting March. I think it is good to start off atleast now. Personally I am feeling tough to put the answers in writing for descriptiveand lots of critique this time which I am hating it at this point 🙂

    • Jwa
      Participant
      Up
      4
      Down

      @RaviVooda you can probably see from my previous posts on here how I feel about the LIII exam and particularly the “essay” paper. The feedback you get if you don’t pass and notably have done poorly on that paper is also absolutely useless. I still have no idea what they want me to write and how. Concepts/material not a problem.

    • RaviVooda
      Participant
      Up
      2
      Down

      @jwa, what you have stated is true. I am also worried about that. while practicing I am finding it difficult to judge if my answer was the intended one. @sophie, @zee please help.

    • Sophie Macon
      Keymaster
      Up
      1
      Down

      @ravivooda @jwa – I remember that feeling certainly.

      Try not to worry too much about the exams bit now, but focus on what’s more important at the moment – learning and understanding the material. If you got that sorted, thats 80% of the problem done. We will wait till the last month in May to start hammering practice papers and learning the exam techniques to answer the essay parts. All I can say is trust me for now!

    • RaviVooda
      Participant
      Up
      2
      Down

      @sophie, thank you.

    • comicbookguy
      Participant
      Up
      3
      Down

      Anybody else finding it impossible to find the time to even being their LIII studies this year? It may just be a factor of where I am in life/career but I can’t even find a free evening or day to begin studying until 19 January. Must admit I was quite alarmed to see how far along some people are already!

      I think I remember you posting last year after the results were released. I started studying in November through a course. Where are you located? I’m in Toronto and I find that January is a terrible month for your energy levels. You literally get the winter blues, and people around me are commenting the same.

      The material is just as dry the second time around, but this time I’m trying to focus on areas that I struggled with last year (risk management, equities, fixed income) and taking it slowly. Our biggest advantage is that we know our strengths in this level!

    • Jwa
      Participant
      Up
      1
      Down

      @comicbookguy – well remembered. My only weakness is portfolio management…. oh bugger. I still haven’t started… Definitely right about January. I’m in London and the latitude is probably about the same; I don’t think I’ve seen the sun for a long time.

    • AjFinance
      Participant
      Up
      1
      Down

      @Jwa I’m sure you’ve started your prep by now as I see this is an old thread. One piece of advice I can offer is try not to compare your schedule with others. Its good to know where you stand, but it helps to just go along with your own study plan instead of matching someone else. After all, we all have our individual abilities/strengths which reflects in our study plans. Hope that helps.

    • Jwa
      Participant
      Up
      4
      Down

      @AjFinance – agreed, but I don’t think you can avoid the comparisons sometimes! I definitely started too late and too lazily last year so more a concern of repeating that error for various reasons. I have started now but not exactly leapt out the blocks, if I am honest.

    • fabian
      Participant
      Up
      3
      Down

      Hitting my stride now. The routine is established, used to facing the books day to day. 🙂 It’s the start that’s the hardest!

    • Jwa
      Participant
      Up
      5
      Down

      @fabian good job, slowly gathering momentum myself… trickle of rocks turning to a landslide? Perhaps stretching that metaphor too far…

    • Betankrich
      Participant
      Up
      2
      Down

      Start small – My favorite to start would be Beh finance and then take it from there on. Commit yourself to one study session a day and you will soon will be in good position

Viewing 15 reply threads
  • You must be logged in to reply to this topic.