How many months of prep for L2? sufficient, planning, months, start

fructify

Hello every1, I am new to this place and appeared for L1 this yr...so wen r u guys planning to start L2 prep ,assuming u clear L1..?how much time shud be sufficient and when r u planning to start..?

suyash1989

I feel more prepared for level 2's curriculum from my Master's degree in Finance (MFin) than I did prior to studying for L1....so I'm hoping if I start this fall sometime, simply putting in a few hours here and there while working, will allow enough time (and of course, giver tork starting April or so)...

FSA will be my main focus (I'm assuming) since I always struggle with my confidence in accounting...

Fixed income, equity, derivatives and especially quant should be a review for me...

From what I heard from all the people who wrote L2 this month, the exam was much more difficult than they expected!
L1 was MUCH easier than I expected (almost disapointed that I studied as much as I did for it), but I'm going to work hard for L2 since I imagine the material will be more in-depth and will require actual thinking and problem solving...

dece2011

I did five months but don't yet know whether it was enough yet.

I suspect it is less an issue of how long you study vs. how well you study. I was light on doing EOC questions and that may have been a dodgy strategy!

manasib

every thing on this earth, I give it to you

eagles_dare13

cfa_student29 Wrote:
-------------------------------------------------------
> Hello every1, I am new to this place and appeared
> for L1 this yr...so wen r u guys planning to start
> L2 prep ,assuming u clear L1..?how much time shud
> be sufficient and when r u planning to start..?


I believe you will be appearing in Dec 2010 L1. I am in the same boat.
I am planning to take the Dec 2010 Level 1 exam.

I will start studying for Level 2 only after I get the Level 1 result in January. Don't want to start studying for L2 until I am sure that I passed L1.

invic

CFA_2012 Wrote:
-------------------------------------------------------
> cfa_student29 Wrote:
> --------------------------------------------------
> -----
> > Hello every1, I am new to this place and
> appeared
> > for L1 this yr...so wen r u guys planning to
> start
> > L2 prep ,assuming u clear L1..?how much time
> shud
> > be sufficient and when r u planning to start..?
>
>
> I believe you will be appearing in Dec 2010 L1. I
> am in the same boat.
> I am planning to take the Dec 2010 Level 1 exam.
>
> I will start studying for Level 2 only after I get
> the Level 1 result in January. Don't want to start
> studying for L2 until I am sure that I passed L1.


lol. So u and "Chuckrox8" are suffering the same problem--incapable of comprehending things.... I have very clearly mentioned that I already appeared for L1 rhis yr. i.e. june 2010.. Hope its clear 2 u now..

ishfaque

Argh...I hope not to read the questions carelessly in the exam :- )

agulani

CFA_2012 Wrote:
-------------------------------------------------------
> Argh...I hope not to read the questions carelessly
> in the exam :- )


hahaha.. yes.. make sure u read the questions very carefully.. especially questions on ethics..
All the best..

shootingstar

I'd say regardless of how many hours you can put in before the exam in a compressed time period, I would still start early. I believe slow and steady wins the race...

You will master the concepts by repetition over time, not by cramming. I think your brain needs time to absorb material, so studying 50 hours in a week is probably not as effective as studying 25 hours per week over a twice as long period...

I hope that makes sense... I plan to start in mid October...

MonkeyBusiness

i work full time, and just took L2. I took L1 in december and started L2 studying in late january, after i got my l1 scores.

I have to say i felt pretty crunched for time. If i had 1 more month i would've felt alot better - if you start in Nov/Dec, you will have PLENTY of time.

Starting in January or February or even March would be fine if you don't have a full time job