CFA Level II starting organised studying studying

trogulj

Hi all

Gave my test and there is no way i am going to clear it. I know even if i did by fluke, i dont deserve it. Got married in Feb and surely was not able to concentrate on studies.

Now i want to nail it, after seeing the paper i feel i can do it. However even for Level I my study was not organised. Now that i have one year, i want to know few things, if anyone here can help.

1) When will CFA Institute release material for L2 2012 ? By how much the curriculum will be different ? since i dont want to discontinue studying, want to ensure that studying from existing curriculum would be of help.
2) I simply had no time to study so only studied for 3 months from Schweser Notes which i believe backfired, do you guys think studying from Curriculum is the better way? since i want to opt for it now that i have time.
3) i want to to study 2 hrs on weekdays and 5-6 hrs on weekends (saturday and sunday) since i also have an active social life, will intensify post december, will this be enough?
4) How much weigtage would you give to practicing? what should i do? solve CFAI? Schwser EOS Qs.?
5) Which tests are most effective? CFAI / Schweser / Elan (i hope they release 1 for L2)

Any help will be greatly appreciated. Thanks in advance.



Edited 1 time(s). Last edit at Tuesday, June 7, 2011 at 07:13AM by vgmalu.

canadiananalyst

i'd say give or take 1-2% of the material might change - but honestly having seen this material twice now, i can say that using the 2011 materials to prepare in advance is still logical, especially for the bigger, more EOC-heavy sections.

AnalystAlan

Thanks, will definitely follow your advice.

luda002

you will burnout for sure

genuinecfa

why u discouraging him bro !? ur name suggests ur attitude !

dmrktrading

not necesarily discouraging, but essentially realistic because if you start early, you risk getting burned out, in addition your retention of information you studies 6 months back would be quite low. I suggest starting 4, maximum of 5, months back, using a combination of Schweser 80% and 20% from CFAI for unclear topics. Try to read the schweser curriculum twice. On my first round i didnt solve any questions, i just understood concepts, on the second round i read the notes again and did CFAI EOCs, i completely ignored schweser questions. do ALL the CFAI EOCS multiple times, I personally did them 3 times, and do all the mocks you can get your hands on approximately 1 month before D-day.

During your studies you will definitely be cutting down on your social life, so be prepared for that as well, and especially in that last critical month.

Its a rigorous process, and you definitely need to take breaks between your studies to avoid burnout. Also keep a good exercise schedule to keep your self energized and motivated.

Good Luck

d2rockstar

yes, being nice &cheerful won't make u pass this level.

Thank you Mr Moose for helping me to elaborate my understanding of " Burnout". Can't agree more about what you said above.