I’m looking for advice for anyone who is taking level II for the 2nd time, because i WILL be in that boat next year and I want to know what strategies helped YOU be confident for tomorrow’s exam. It’s 11pm CST the night before the the level 2 exam. This is my first time taking level 2 and I’ve studied since December. I master each topic before I move on, and then in a final blaze of studying, I attempt to go through EVERYTHING 3 weeks before the exam…This was a GRAVE mistake… Here’s my problem: I master everything when I’m reading it, but then I forget it entirely two weeks later when I’m in another topic. How do I keep things fresh? How do I recall all of the formulas??? Concepts, sure…but all of the formulas get to be way too much. Here’s what I should have done when I take this exam next year again. 1. I should have done more practice exams instead of rereading things…doing practice exams and questions would have made me better prepared than going over the material again. 2. During the progress of studying, I will go back to areas I hated, and make sure I know them again… 3. I will absolutely get 100% of all Equity and FSA material without exception. I think this is how I’ll pass this next year. If anyone has a strategy that works, I’m all ears. I’m aware you’re also taking the exam tomorrow, so you don’t know the outcome, but at least if you’re going in confident, I’m asking what got you there.
-Ditch the third party provider study guides and read from the CFAI materials. -Take as many practice exams as you can. I took 12 this year. Do at least 75% of your practice exams simulating a full exam day. The library I went to didn’t open until 10am, so I took the morning session from 10-1 and took the afternoon session from 2-5. -Take the last week or two off prior to exam and do a massive final review. Will this guarantee a pass? No, because I took two weeks off last year. But I also believe it helped improve my performance. -In order to memorize the formulas, I basically write and rewrite them on a single legal sized page. To keep concepts fresh, use flashcards or read the summary notes at the end of the reading.
Do the CFAI EOC questions ten times and review all of the Schweser Exams multiple times.
There were questions from the exam straight from the CFAI text. Literally word for word
Really?
yup, I spotted a question or 2 straight from the EOC.
I thought it was very different, I focused on CFAI EOC, and read only CFAI…definitely didnt look that familiar. Perhaps read more carefully I suppose…
I did 80-90% Of EOC. Didn’t find a single famililar question! May I know from which topics they came from?