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Sunshine4ever

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tT
发表于 2011-7-11 19:41 | 只看该作者

is 6 months enough for LEVEL II?

studying, currently, background, only, 2011
So I'm currently studying for 1 for the December 2011 exam. The first level II i can take would be in June 2012. So I'm wondering if that is enough time. If anybody here studied for 6 months for level II and passed. I'm pretty good at comprehending Level I stuff the only concern I have is retention. Here are my specs:

* my current job is easy going, I work 8-4. Pretty much never have to work overtime.
* Plenty of time to study, I can probably invest 500 hours for level 2
* No background in finance, other than level I.

Please let me know. No wise remarks please>
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tikfed

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2#
发表于 2011-7-11 19:41 | 只看该作者
Yes, it's enough.

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5566

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3#
发表于 2011-7-11 19:41 | 只看该作者
I can't wait to see how much of an assh**** you become


gulfcfa Wrote:
-------------------------------------------------------
> Most of us here have not passed Level II. So the
> right place to ask would be on Level III.
>
> But for some reason people tend to become more
> assh**** as the pass each Level. You wont be
> welcome on Level III forum.
>
> In term of hours 500 hours seems like it would do
> the job. Just dont start a year before. An hour of
> studying a year before has little marginal gain
> cause you will forget it anyway. And dont start a
> month before cause when you are cramming you wont
> learn...So find the max of the curve. I would say
> that max is 6 month

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yospaghetti

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4#
发表于 2011-7-11 19:41 | 只看该作者
I cant wait to be an a-hole

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WarrenB1

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5#
发表于 2011-7-11 19:41 | 只看该作者
Here here. I aspire to become more of a jerk.

That said, waiting until afterwards won't help too much. The forums are dead between the exam and results. After that, you tend to see people trolling as a means of venting their frustration.

AndrewUNH Wrote:
-------------------------------------------------------
> I can't wait to see how much of an assh**** you
> become
>
>
> gulfcfa Wrote:
> --------------------------------------------------
> -----
> > Most of us here have not passed Level II. So
> the
> > right place to ask would be on Level III.
> >
> > But for some reason people tend to become more
> > assh**** as the pass each Level. You wont be
> > welcome on Level III forum.
> >
> > In term of hours 500 hours seems like it would
> do
> > the job. Just dont start a year before. An hour
> of
> > studying a year before has little marginal gain
> > cause you will forget it anyway. And dont start
> a
> > month before cause when you are cramming you
> wont
> > learn...So find the max of the curve. I would
> say
> > that max is 6 month

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ninja1024

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6#
发表于 2011-7-11 19:41 | 只看该作者
long enough to burn you out

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Analyze_This

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7#
发表于 2011-7-11 19:41 | 只看该作者
HAHA, thanks for all the advise! If becoming an a-hole is what takes to pass, I'll gladly accept that exchange. I totally agree with ChickenTikka, practice questions is what really helps me learn. I think the mistake I made so far is that I started in late January, so I'll be done with the curriculum in late june. But I don't think it is going to be complete waste, I'll have an easier and quicker review.

Another clever advise I read on another forum was to reread the summary of the curriculum for the past 3 readings, it greatly helps with retention.

GOOD LUCK TO ALL OF YOU!

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RMontgomery

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8#
发表于 2011-7-11 19:41 | 只看该作者
I passed in December. I have a finance undergrad and an MBA where I took stats, derivative, econ, fsa, fixed income, for a quarter each. I started Level 2 in March. A TON of material to go through. I also took an accounting class from John Harris (highly recommended) and the 3 Day Schweser cram class (good for focusing your time and the teacher helped me tailor my study plan to fit my background better).

This test is much more difficult than level 1. They test your understanding of the material not just your ability to regurgitate. It seems at times they will throw small differences in the questions where if you memorize a chart without understanding why, you will miss it because you gave the chart answer without applying the individual facts of the case.

Everyone I have talked to who took level 2, wished they had more time to prepare. I know some very intelligent people that failed level 2 on their first attempt. It would not surprise me if I failed this time. I do know that taking it this June, I would work my butt off for 3 months where otherwise I would not be motivated enough.

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