Preparation Input

ba736

OK, I know I'm getting ahead of myself here, and this post will be in vain if I flunk L1 in December 2011. I'm just trying to tap into other people's experiences and gauge what to expect with regards to L2. I need to plan ahead of time so that I can set the expectations at my workplace. I have already started preparing for L1, December 2011.

I already have an MBA in Finance, so I'm on par with quite a bit of stuff for L1. Of course, that doesn't mean that I'm going to pass L1. However, if I do, I want to find out from you guys if it is realistic to prepare for and appear for L2 in June 2012. This means I'll have maybe five months (if not less) to prepare.

I don't know if the CFA Institute will allow me to register as soon as I get out of L1, but my plan was that I could enroll myself in Stalla-like classes to get an early start. The assumption is that I won't find out if I passed L1 until February 2012, so registering for Stalla-like classes would at least allow me to get a crack at the material as early as January 2012. The risk here is I'll have wasted all that money if I flunk L1 .

It'd be awesome if some you, who prepared for L2 in such a short window, can share your experiences here (regardless of the outcome). Thanks in advance.

MiniMe7

Unless you're unemployed and have lots of time on your hands, it's really tough to prepare for L2 in anything less than six months. It's been done, I'm sure, but it's very hard to do.

- Robert



Edited 1 time(s). Last edit at Tuesday, March 15, 2011 at 04:49PM by Robert A.

spreads

I say its all about your memory skills

I have a BA in finance, and I found nothing in Level II hard. You have MBA in finance so you might even find it easier.

On the other hand getting it to stick in my memory is a bi***

WarrenB1

If time is short, drill problems to near perfection. However, nothing is a substitute for preparing thoroughly.

giorgio10

Awesome input, guys. Thanks for all the feedback.

wizofoz

you can totally do it; my buddy had an mba in finance too, so here's what he did; he registered for all three exams concurrently, and got 70+, all sections, all levels;
on the exam day, he started at his lvl 1 desk, wrote it in an hour, then sprinted over to his desk in the level 2 section, did that in an hour, and sprinted over to the level 3 section, and did that in an hour. Then he just repeated this for the afternoon session.
He said it wasn't too bad, but kinda rough since he was pretty hung over from the night before. He said he flipped through a few of the pages leading up to the exam, but it was mostly a recap, so it wasn't too bad.

Good luck!

RMontgomery

haa haa :-)

Your buddy violated ethics by sprinting/jumping across desks

madaochenggong

magicskyfairy Wrote:
-------------------------------------------------------
> you can totally do it; my buddy had an mba in
> finance too, so here's what he did; he registered
> for all three exams concurrently, and got 70+, all
> sections, all levels;
> on the exam day, he started at his lvl 1 desk,
> wrote it in an hour, then sprinted over to his
> desk in the level 2 section, did that in an hour,
> and sprinted over to the level 3 section, and did
> that in an hour. Then he just repeated this for
> the afternoon session.
> He said it wasn't too bad, but kinda rough since
> he was pretty hung over from the night before. He
> said he flipped through a few of the pages leading
> up to the exam, but it was mostly a recap, so it
> wasn't too bad.
>
> Good luck!


Haha. Awesome. Thanks for picking up on me . I'm sure the "MBA in Finance" claim had nothing to do with it!