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- 2011-5-24
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- 2012-9-12
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I have Stalla materials. I used it exclusively for level 1, as well as EOC questions, and that was fine.
For level 2, I find it to be overall helpful, but I don't think its well written enough that you could rely on it exclusively to pass the exam (at least I wasn't able to). Though it was generally okay, some of the readings were weak and not well explained. The pension chapter is one of those. Also, the later economics readings were not well written imo, and most of portfolio management was also written like crap. Oh, and alternative assets was pretty badly done too. As for stuff they did a good job on, I'd say they did an okay job on Intercorporate investments, Multinational Operations, Derivatives, Fixed Income, and an okay job on ethics.
The big weakness was the question bank. I found that many questions in it were wordy, too easy, but still managing to be long and tedious; kind of like if I asked you to calculate the mean of 10 numbers; not difficult to do, but takes time and is annoying.
To contrast that with actual CFA exam questions, the exam questions were quick to solve (no long tedious charts or tables to draw manually), but still had a higher degree of difficulty and even a bit of creativity on some questions.
All of this is just my opinion tho.
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