@txhokie
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I am sitting for L1 in June and am also using the BloombergPREP software. I chose this route after some research because after taking a few other similar-ish industry exams (Series 7, 66, CFP) I found that I study and prepare best with summarized reading and heavy amounts of practice questions. I enjoy the reading available and have spent more time in the books than I originally planned to but being someone who is admittedly poor with time-management I get too caught up in the details to a fault. BP provides concise summaries of sections with good follow up questions that make moving through the curriculum without forfeiting important concepts quick and organized. The progress tracking and data analytics for performance scores on different sections and chapters is really cool and fits with my study style well. One set back is that you can’t necessarily choose which chapters you want to do in which order, there is a path that you need to follow (unless I just didn’t find a way around this). I originally wanted to alternate the bigger sections of Econ, QM, and FRA with some topics I was most familiar with Equities, Fixed Income, PM, but it doesn’t give you that flexibility if you don’t “unlock” sections in succession. I may still be purchasing the Kaplan Q-Bank for a little bit of diversity in question style/concepts but overall I have been happy with my decisions to use Bloomberg as my primary study material.
Up3TXHOKIE said:One set back is that you can’t necessarily choose which chapters you want to do in which order, there is a path that you need to follow (unless I just didn’t find a way around this). I originally wanted to alternate the bigger sections of Econ, QM, and FRA with some topics I was most familiar with Equities, Fixed Income, PM, but it doesn’t give you that flexibility if you don’t “unlock” sections in succession.Thought about this a little more and you can “quiz out” to jump ahead into different sections so if you really wanted to move ahead you can you just have to show some proficiency at the skipped topics.
Up2I signed up for the essentials package and so far I really like how effective it is in tailoring the topics that I’m studying and in what order. Its so effective, that I am almost getting concerned its a little bit too light on material because I feel like I’m grasping everything really well with little difficulty. Granted, it starts you out with Economics and Quantitative Methods which I have a pretty good background in but I’m just hoping it isn’t skipping over too much to provide the appearance of efficiency.
For other industry exams I have taken I have always studied best with questions, questions, questions so if you are the same way this platform might be for you.
