Friends I finished Equity book in just 4 days ! I am back into the game now. Now I am moving on to Fixed Income , after that it will be derivatives and then book 1 finally. I hope to finish all this in 20 days from now IA.
That’s rapid progress waleedhussain. You giving L2 exam from Jiddah or Riyadh?
My friend I am based in Riyadh and will attempt exam here.
I’m mid way through my second pass through.
I intend to spend April reviewing quants, econ, alt investments and maybe derivs and fixed income plus EOC questions.
From May till exam day I’ll be doing mocks and brushing up the areas I don’t do well on. 6 mocks from schweser, and 2 from the CFAI including last year’s mock.
Then on June 7 I will slay this beast that is L2.
Good luck everyone.
I’ll finish reading schweser for the third time this week. I’ll start my 4th reading next week
Making my second pass through the material. Getting more confident and really ramping up the studying. Doing EOC questions, some Schweser and q bank. Will do a mock in the first week of May; after that it’s 100% problems and review. Probably one book each Saturday, all sections on Sundays.
Hoping to knock this out in one shot. However, if that does not happen it won’t be from a lack of effort. Regardless, it’s goooo time
Ive just finished all the readings from the CFAI Curriculum and also the Schweser material including all EOCs and Concept checkers exercises. Will begin my review this afternoon. Still a long way to go …
Congratulations ! You may enjoy some days of rest in order to avoind being overloaded.
Sigh… I feel like I should start studying soon but frankly don’t have any motivation to…
someone mentioned CFA mock exams. Where do we get those?
I’ve been through the curriculum (spent more time on some chapters than others), but one thing that stands out to me is how much more difficult Fixed Income is at Level II compared to Level I. At Level I, there were a few difficult items such as Option-Adjusted Spread, Z-Spread, options, and convexity, but the meat of the material was pretty simple.
Maybe it’s just me and I admit I haven’t spent a ton of time on it, but I’m reviewing today for a mock exam I’m taking on an off-day tomorrow and I expect to get crushed on Fixed Income. I nailed this section at Level I and I was hoping that’d help me at Level II, but my little review session here today isn’t instilling much confidence!
Am I alone in that thinking Fixed Income is one of the more difficult sections of Level II?
I mean that the FSA is the hardest part of L2, Fixed Income and Equity second place, third is Etics and Quantitative.
It’s completely different for me… The hardest for me would be derivatives, fixed income, FRA… I think equity is the easiest subject matter in the L2 curriculum.
I’ve almost completed reading the 3rd of 5 schweser review books. I’ve done nearly no review questions except what’s included in the schweser books. Hopefully this makes some people feel more comfortable, not sure when I’ll find the time to catch up.
Same boat in terms of not having even gotten through the material yet (maybe 50-60% through with EOC). Hope waiting for Dec lvl 1 pass doesn’t come back to bite me
1 reading left in equity section (going in order) and completing all EOC questions along the way…definitely behind the 8 ball…
Hey bro, don’t sweat it. I’m in the same boat. I didn’t really start studying until February and haven’t gotten serious about it until 2nd week of March. Now I do 4 hours of study a night M-R after work and 3 hours each on Saturday and Sunday. I’m about to finish up Book 3, Equity, and haven’t done many EOC questions. I think as long as I finish reading by mid-April I will have plenty of time for Kaplan and CFAI EOC questions and I want to do 4-5 mock exams.
Cramming works better for me. May not work for everyone but being in “crunch time” lets me know I have no time to waste.
On Derivatives, does anyone know if we need to memorize all the formulas associated with forward contracts? Such as the big painful FRA one where you have to value it X number of days into the forward?
Derivatives is the most difficult for me, still on it; shoot me now…
According to the LOS, you will have to know all the formulas, but only discrete payments with the exception of equity. This is the only continuous pmts you have to know.
That’s valuing an FRA - yes, you definitely need to know how to do that. Work through the logic instead of memorizing it.