Review period is finally here. Ideally I wanted to start it a week earlier but c’est la vie.
I’m off for the next 3 weeks for the exam. I can spend 9-11 hours a day on studying. For the majority of my study process I have completed all of the material (read Wiley/Elan guide, listened to Elan/Wiley lecture video, read through CFAI blue box and completed Elan/Wiley EOC and CFAI EOCs). The only exception to the above was I did not do the CFAI blue box examples for ECON nor Quant, only read through Wiley/Elan EOCs for ECON and did not attempt Quant CFAI EOCs.
My plan in the next 3 weeks is dedicated for review and mock exams. I was skimming the Wiley/Elan 11th hour guide this weekennd and to say I was not overwhelmed is an understatement.
I am looking for guidance in regards to strategies for the next 3 weeks. Here is the big picture plan:
- complete 5 to 7 mock exams (of which one is the CFAI mock, one is a live mock and the others will likely be from scheswer)
- in-depth review of big topic areas such as re-reading the Elan/Wiley guides and re-doing a part of the Elan/Wiley EOCs and CFAI EOCs for Ethics, FRA, Equity, CF, PM and FI
- Re-read Ethics two more times (I have already read Ethics 3x)
- Reading Wiley’s 11th hour guide
- Attempt topic based questions on CFAI website (candidate ressources)
- Spend less time on ECON review. ECON the plan is to rely mainly on mocks for review
During my prep to date, I felt I struggled with QUANT (statistics portion), ECON, Derivatives and Fixed Income Valuation techniques. As stated above, for ECON I will rely mainly on mock exams for review. For Fixed Income, I will go through the difficult readings again along with EOCs (Elan/WIley and CFAI). I feel that I’m not too sure what more to do with QUANT (stats) and Derivatives. What is especially worrying is for the QUANT stats portion as I did not get an overall good handle on this section.
Looking for input on the above - thanks in advance