I find many topics require memorization especially the first few study sessions from Behavioral finance onwards. And that the AM Exam will test our ability to recall all the information in written form which requires active learning, unlike multiple choice questions
For level 2 it was fine to simply vaguely understand some of the material as you will be able to quickly recall it when given multiple choice answers, however for Level 3 you need to fully understand and memorize all the theory and information to write it down concisely in the AM portion of the exam.
Dude, you’re new here. I see from your history this is the first thread you’ve posted in. Congrats and welcome to the forum. Presumably, you’ve passed L1 and L2, and that’s awesome! I’m sure you remember being nervous and excited to find out your results; that’s perfectly natural.
As somebody that’s been through all three post-exam waits, I can assure you the waiting period for L3 is 100% more excruciating than L2 because that’s the finish line and everything you’ve done can now be enjoyed. We’re like four days away from finding out.
The reason I’m bringing this all up is it’s hard for us to engage with you until we find out our status. I’m sure if you give us a week (a few days after Tuesday to celebrate or drink heavily) we can help you out provided you don’t anger everyone (more on this later). Everybody’s kind of hinted that we’re currently preoccupied with the results, but it seems like you’re still pushing forward and ignoring the obvious hints. Hopefully this will help you empathize with our position.
Additionally, you’re asking a highly-subjective question. Out of the 200 or so normal commenters, we all prepared differently. What I did won’t work for anybody else. Therefore you’re asking a question whose answer does not exist and most people don’t want to litigate at this point. One small side note: picking fights with the very small pool of L3 candidates doesn’t help you when you need their advice.
I promise if you hit me up on Wednesday I’ll have my pass (or fail) matrix and I’ll tell you what I did. Then you can reach out to the guys that did really well and ask them too. Hell, you may not want my advice after you find out how I did.
The best way is to just go in the order it is presented. This is what has been shared by one of my knowns. He had started the preparation in August immediately after the declaration of L-2 result and studied only from the CFA material. No reference material. He had 9 months in hand but he being a working guy had an erratic study schedule but he tried reading at least 1 hour a day . He also suggested going through the examples in the chapter and questions at the end. To summarize
Read from CFA text book only
Solve all the questions [embedded and EOC]
Go through the last 3 years CFA AM test [posted in the website]
Take the Mock exam prior to the exam
No reference material or video.
The key point is dicsipline - Start studying TODAY. It may be for 1 hour only but BE REGULAR
Disclaimer: Sound simple but i myself did not follow it.