I just need to vent finance, studying, somebody, ask

grharmeyer

I hate this exam. I am miserable studying. I obviously enjoy finance since I work in the field but this exam is just ridiculous.

My brain is in overload. This is so mentally straigning.

Also, the Schweser Qbank annoys the heck out of me. They ask questions that aren't even covered in the CFAI books! I would like my money back.

Yes, I know, I'm just a whiny little girl but somebody out there knows how I feel

Good luck guys. Feel free to use this post to vent to the CFA gods

MiniMe7

CFAtime Wrote:
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> My head is constantly throbbing.


Same here! I thought it is because of sleep deprivation. But even after proper sleep for past 3 days it is still not gone.

eoin

a7m002 Wrote:
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> Yeah I think this test is ridiculous also, I mean,
> I luv finance, but I dont think this really tests
> how smart I am, its just a bunch of ridiculous
> cramming. Sometimes I dont know how or why I got
> into this, there are easier ways to continue my
> education and still live a balanced life


there are a lot of smart people out there, but how committed are they to the profession? how committed are they to producing quality work?


tmishin - i used the q-bank for L1 and also for L2. i think it helped in L1 purely from the repetition of questions, but L2 is a different beast where you really need to understand the relationships between the financials, external/international effects, and calculations. Schweser doesn't write the quality questions that CFAI does that force you to use the relationships. I think their mocks are ok, but don't follow the CFAI methods. Use the mocks from the CFAI site (I think you get one freem, but have to pay for more. The texts/EOC are great sources).

zephyranalyst

mar350 - your comment about the Qbank being terrible - just made my day better because I hate that thing.


How do you feel about the Schweser mocks?

senlinlang

from someone who has taken this test before here's some advice:

break each topic down by section and break each section into its fundamentals.

for example: FSA can be broken into Intercorporate Investments, Pensions, Multinational Ops, and L1Review/Earnings Quality.

break these down into formulas and notes that you can use for practice questions and tests.

there is a lot of material, but you can manage it and how you manage it will determine if you pass/fail.

remember - if what you're reading/studying is worth knowing - it will be on the test.

(I agree on the Q-bank being terrible for L2 - use the questions and mock exams on the CFAI site. The text is your #1 asset.)

Swanand

Thank god I'm not the only one - I'm really struggling with retention for L2 - same boat, I review one topic and forget the other. I'm not anywhere close to confident, but am planning to hammer through as many practice exams and questions as possible the next two weeks and see how it goes. I'm so overwhelmed :S

kingstongal

tmishin, I hear ya on that one. I am just doing the bare minimum to stay afloat for another 2 weeks and piling up a mountain of work for later...

tikfed

anyone else out there feel like they're about to get fired from their jobs because of this exam? I am not mentally at work even I'm physically there meaning I'm making so many stupid mistakes its ridiculous. On top of that, I'm taking a top of days off. They will probably realize this group runs just as good without me so they don't really need me. Thanks CFA

mengxu

Yeah it's too overwhelming and I find, mentally, I'm just not into it as much as Level I. Definitely thinking I'll be seeing this thing next June. But will work my butt off the next two weeks.

CPATrader

I feel ya king. I finish one topic and forget another. Bottom line is we don't have to know everything, just 70%.

Stay positive and keep pushing. It's almost over