hey - i just hope to give some people who had failed L2 some insight here.
i BARELY passed L2, on first attempt. my score is below.
i dont consider myself smart by any means - i graduated my undergrad about 2 years ago with a 3.5/4.0 GPA from a top 20 university.
i work in finance in arduous hours - think: 9AM - 9PM + some weekends, regularly. to keep things short, my family does not have a lot of money, and the only money i have is the money that i make less the kickbacks to my immediate family - i simply could not afford to fail L2, and i personally place a lot of value on the CFA designation to where i want to take my career/post-undergrad.
what i did:
- i starting studying August 1st, 2016. i did take 1 month off, i think it was february, because work was getting too much - i only studied the CFA curriculum - i took textbook notes on the ENTIRE curriculum, and memorized that shit back to front - i did ALL CFA EOC’s - i leveraged Schweser only if i thought a passage was too long and too boring to read in the CFA curriculum - i only did (and my only regret through this entire process) 1 mock exam, which i avg’d 48% on. this is the mock that the CFAI gave. if i had to write this stupid shit again, i would do at least 5 mocks … from 5 different sources.
the PM section of CFA L2 was incredibly difficult, and i remember leaving my exam centre with the singular thought of “what the fuck”
combined total, definitely studied way more than 400 hours, which imo is a huge sacrifice given the little amount of leisure time i had because i had to work a lot.
but i learned so much, and i have no regrets about the amount of hours i put into the curriculum. the vocabulary i use at work and in my daily life has been transformed/augmented for the better.
i hope this can give hope to some!
my score:
Q#
Topic
Max Pts
<=50%
51%-70%
>70%
Alternative Investments
18
*
Corporate Finance
36
*
Derivatives
36
*
Economics
18
*
Equity Investments
54
*
Ethical & Professional Standards
36
*
Financial Reporting & Analysis
72
*
Fixed Income Investments
36
*
Portfolio Management
18
*
Quantitative Methods
36
*