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Schweser material

Anybody else feel that Schweser material is getting worse and worse year after year?

I have occasionally used Schweser to study and I can’t help but notice that the material is getting really really bad. 

I’m not even talking about “finance” mistakes in the questions but simple grammar mistakes, run-on sentences and unclear phrasing. It seems like they would have high-school freshmen writing the material for them. 

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In level 2 the CFAI curriculum had around 5,000 pages of material. The Schweser books summarized that down to about 3,000. Not much of a summary if you ask me. If I’m going to spend that much time parsing text for the most testable concepts, I’d rather read from the source texts. 

I’m not impressed by their level 1 material. As long as they get the point across it’s okay.  Sometimes they don’t do that well either. 

Financial Planner
BBA (Finance & International Business) 1998,
MBA (With a Global Perspective) 2011,
ChFC® 2018, CLU® 2019
Owns an Independent RIA/Insurance Agency
Series 65, Life, Annuities, Health (Expired 6,63)

TrackSuitInvestor wrote:

Anybody else feel that Schweser material is getting worse and worse year after year?

I have occasionally used Schweser to study and I can’t help but notice that the material is getting really really bad. 

I’m not even talking about “finance” mistakes in the questions but simple grammar mistakes, run-on sentences and unclear phrasing. It seems like they would have high-school freshmen writing the material for them. 

I feel this was the case for their Qbank and practice questions mostly. I used Schweser for all 3 levels and I remember just being like wtf when looking at the Qbank and EOC questions. It felt like they would make questions harder by simply not writing coherently and in some situations I wouldn’t even trust their answers. Overall, I still think the study material was enough, but I would definitely recommend prioritizing CFAI EOC questions and online questions over Schwesers Qbank questions. The latter could be good for additional practice if you have time.

bazz

I did the Level 1 exam 3 years ago and found it very helpful that Qbank questions were classified by LOS. Made it really easy to drill concepts/equations. 

Not sure if it’s still the same for Level 1, but this seems to have been taken away from Level 2? Very frustrating!!

It’s not that bad! Especially at the grammar, it’s just fine.

Maybe the concept explanation, it is not up to the mark.

I used Kaplan for all three levels and personally I think they give plenty in terms of information to pass. I passed all three exams on my first run through with them.