标题: In a Tight Spot [打印本页] 作者: water2012 时间: 2011-7-11 18:07 标题: In a Tight Spot
Less than a month to go, and I got three books left. I had an unexpected job move and tried to study simaltaneously but lost a little over a month in the process. I would really like to pass this June and don't know if its possible given the time frame but I up literally up for anything.
I have all the Elan guides as well as the 11th Hour review. I asked a similar question before but would like your guidance here.
If I were to start doing practice exam questions daily, as well as going over the 11th hour review, and than reviewing the practice exam questions, do I have a shot at passing. I am willing to sacrifice any amount of time necessary but wanted to hear your opinions.
Any thoughts here are appreciated!作者: pogo 时间: 2011-7-11 18:07
here's the best way to use the time left. Track down a set of videos (schweser or stalla). and watch those for the books you haven't read. Take a pad out and take notes on the videos as if you were in a class, pausing them or replaying something you miss and going back to the texts when you need more indepth material. You can easily fit that in with the time left. Then at the end do the practice exams and hone in on your weak areas. You can dig up my old posts on this, but I basically passed all 3 levels using Schweser as my primary study tool. I'm also old and have a lot of relevent work experience and a CPA, but I think you still have time to get things done. For all 3 levels I finished one pass thru the ,material with 1 week or less left, and only thne started practice exams.
Seriously.作者: koba 时间: 2011-7-11 18:07
If you are going to do videos, then it HAS to be Elan's.作者: rgonzalez 时间: 2011-7-11 18:08
When I took the tests 5-6 years ago, Elan didn't exist, so do a search to see if beatthecfa's views are shared.作者: thisisbrianly 时间: 2011-7-11 18:08
Super I, this is exactly the strategy I've stumbled upon. I am using Scheweser because I purchased it ahead of time. I watched a few Elan samples and they're great..
Point is, if time is limited, the videos might be the best way to go ---- taking notes as you go along and make sure that you solidy the important concepts by answering practice questions.作者: rkapoor 时间: 2011-7-11 18:08
Dude chill out. There's a lot of time left.
I just finished reading 11.作者: Londonrocks 时间: 2011-7-11 18:08
I just got the videos from Elan from you suggestions. Given this, my gameplan was - watch videos on remaining subjects, take notes on these vids, than practice q's at the end of the CFA book, and do this all within the week/mid next week. Than hit practice tests like mule.
What are your thoughts on this strategy?
TripARated, are you employed?作者: leadcfa 时间: 2011-7-11 18:08
Just finished an MBA and start work in the late summer.作者: dmar 时间: 2011-7-11 18:08
ah that makes sense. Good luck with the exam.作者: suyash1989 时间: 2011-7-11 18:08
Been using the Elan videos all this past weekend and week. They are great but still feel like this process is going to consume a lot of time at this point. I have taken the exam before and know that good balanced study is the basis for passing, but considering I don't have that option I was thinking of doing the following.
Reading the EOC summaries, the Elan 11th hour review (like Schweser Secret Sauce), and doing EOC questions on both Scheweser and CFA text. I figure this is a good way to get the concepts/questions down in one sitting.
There is no way to rush through material or make up for lost time, but considering the time frame and task ahead, I need to do whatever I can to ensure the P.
Apprecaite your thoughts and opinions.作者: Wasteoftime 时间: 2011-7-11 18:08
Same situation here. Two books to go, down from 3 last week. I tried to go with Elan videos, but they turned out to be more time-consuming than I had thought. Switched to Schweser notes and it went better. Less time, more information retained.
I will focus on the 11th hour review, CFA EOC and practice exams from today, while trying to put in 2-3 hours/day for Equity and FI (one of the books I have left).
I would recommend skipping the Schweser EOC. They do help a little, but they are easier than CFA EOC and can give you the false impression you really know your stuff. Happened in my case anyway. I did FRA last week, was scoring 90-95% on Schweser EOC, went to the CFAI books and only got around 68-70%.
Also, try not to get discouraged. That's lost time we really can't afford to spare at this point. ;)作者: sgupta0827 时间: 2011-7-11 18:08
Jay and Andreea (and all those who know they haven't put in the hours but are hoping to pass)
If you have read any study guide (Schweser, Stalla, Elan) at least once, then its time to just zero in on the Eleventh Hour Guide and make sure you know everything in there. Also know all the formulas. You don't want to lose easy points like PVBP, Sharpe ratio etc.
Make sure you read Ethics at least once properly. The ethics adjustment can push you over the line, or bring you under. You dont want to cram all the technical stuff, do reasonably well on it and then get pulled down by your ethics score.
Do the CFAI EOC questions. They will take time, but trust me they are worth it.
Do a lot of tests/ mock exams. Learn the stuff you don't know/got wrong, and cut down on careless mistakes.
Good luck. I hope you make it, and if you do, don't boast about how you only studied for a month Encourage others to start sooner.作者: disiz64 时间: 2011-7-11 18:08
Beatthecfa, thanks a lot for the advice, we really appreciate it.
I did a practice exam today, and to my surprise I got 65% in Ethics - which I have never read properly - and a really low score in Derivatives, which I've read twice from the CFAI textbooks. I also watched the Elan videos once. Other sessions were close to my expectations - not high ones, except for Economics .
Back to cramming.. 作者: Daniel1985 时间: 2011-7-11 18:08
I am in a tight spot myself. I have finished my readings except 1.5SS of FRA and Derivatives. I am planning to finish up FRA by friday and then take a practice exam...
Bad thing is that I rushed to read everything and didnt take any notes! I feel like I have already forgotten most of it... Hope this will come back when I do some qbank作者: Londonrocks 时间: 2011-7-11 18:08
The best way to learn with so little time left is to go through all questions with answers side by side and write down what is the question asking? what relationships do you need to know? what formulas? what terms you need to know?
write down these, relationships, formulas, terms,etc.
If the mock exam is really going to like real exam focusing on relationships and terms are more important then formulas.
Another exercise i'm going to do the week before the exam is actually make a cheat sheet(that i would use if we were allowed). I used to do this in college and it works for me. Simply take everything you would need to pass the exam and place in as few pages as possible. Imagine if CFAI allowed you to use only these notes on the real exam. The process of actually creating the cheat sheet will actually help you big time.作者: JGovender 时间: 2011-7-11 18:09
Do I need to do all the CFAI EOC questions or just MCQs?作者: invic 时间: 2011-7-11 18:09
Dude, you have a job (presumably in finance) thats more than (I would hazard to guess) 70 percent of the test takers. So you're ahead of 70% of the guys sitting for L1.作者: FVPV 时间: 2011-7-11 18:09
Quick question: I am finishing up on the readings, got 3 Study Sessions left. Without counting AI, which I won't be reading at all.For Fixed Income and Corporate Finance, should I read from the CFAI texts or does Schweser cover the material well enough? I have the Elan videos but I study better from books.
Thanks!作者: joemoran 时间: 2011-7-11 18:09
CF is easy. You should be fine.
Fixed income is much better in Elan, but Schweser is good enough. If you dont understand anything, then you can always watch Elans videos, which are very helpful for debt.
Why aren't you going over alt. 8 questions but they are very very easy (usually).作者: shootingstar 时间: 2011-7-11 18:09
Thanks for the advice!
I thought the questions were difficult for AI, that's why I didn't want to read it. I will try to skim through if there's any time left.
Encourage others to start sooner.
.