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iteracom Wrote:
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> you can't register for L2 without a undergrad
> degree in hand.


Yes, you can. You don't need a degree to pusue CFA designation.

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It get's more difficult each level. Each level takes much more time, effort, and focus.

Wait until Level 3.... with 1 and 2, lots of study and memorization will get you through. Level 3 tests your ability to understand and implement...which is infinitely more difficult than just memorization.

Level 1 separates those who have a chance from the general population.
Level 2 distinguishes who can really put in the sweat equity required.
Level 3 identifies who really knows what the heck they are talking about.

Wait until you are through the whole program to give your opinion of those statements...

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L1 DEC 2006
L2 JUNE 2007
L3 JUNE 2008 (DIDN'T APPEAR FOR EXAM- DIDN'T KNOW WHAT THE HECK WAS GOING ON)
L3 JUNE 2009 (APPEARED, GOT HUMBLED REALIZED I STILL DIDN'T KNOW WHAT I DIDN'T KNOW)
L3 JUNE 2010 (GOT WISER, CRACKED IT FINALLY)

now feeling a lot better its all over.

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Passed L1 Dec 09, L2 June 10.

Level 1 i put the effort in and scored >70 in all sections.
Wasnt able to begin L2 revision until very late and i was convinced i flopped and thought i had failed for sure but scrapped through despite many 50-70 sections.

Its difficult to go from studying until dec for L1, then hitting the books in new year for L2 - but it is definitely doable!

I personally dont think studying more than 4 months before the exam works because its very easy to forget the material in a few days let alone 6 months!

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newsuper Wrote:
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> Dal Wrote:
> --------------------------------------------------
> -----
> > Wanted to ask the seniors if anyone had
> > successfully passed Level 1 in Dec and then
> passed
> > level 2 in the following June.
> >
> > Is level 2 much more difficult than level 1?
>
>
> Very common, though it does make it a bit tougher
> as the earliest you can start is about mid-Fed at
> best (it depends how long it takes to get the
> books etc).
>
> It is easier in one aspect in that all the LI
> material is still fresh, plus you are still in
> study mode from the Dec LI exam.
>
> And yes LII is way more difficult than LI,
> primarily due to the volume of the material.
>
> However, plenty of people have passed all three
> exams in a row from Dec -> June -> June (myself
> included and I'm no rocket scientist).

This. Hoping to do the same in June for l3.

_____________________________________________________
-My friend QQQbbe, we will never forget you.

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I passed level 1 in Dec. 09 and and level 2 in June 2010 ... I would recommend starting on ethics today, that way if you passed you have a head-start at level 2, and if you failed you still have a head-start at re-taking level 1 since you'll have to study that anyway ...

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I passed Level 1 in Dec, then 2 in June 2010. 34% pass rate and 39% pass respectively. It is doable. But you will want to hang yourself and gouge your own eyes out. I (foolishly) did not study until I saw my L1 pass result and bought the books. So effective study time was from Jan 28-June 4. Instead, Take the exam, assume you rockstared it, start studying for level 2 a week later with either someone's stuff or buy it on ebay or buy 3rd party (schweser, stella). Then study very hard.

My method that (thank the heavens) worked was this:

Study 7 days a week.
Read 40 to 60 pages or so a day (depends on difficulty/end of the section problems)
Do every single question, blue box, etc.
Underline everything I read that is important
Reread everything I underlined
Redo ever single question and blue box, no help or checking
Bought a schweser exam bank online - did 2,800 questions
Did every exam and mock exam offered by CFAI
Kicked open the door to the arena where the test was held, yelled "THIS IS SPARTA!" and rocked it like a hurricane*


(*sat quietly by myself, prayed, passed, did fist pump, gave thank-you to said prayer recipient)

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