Deciding on whether to start studying for Level II...

Are you wondering whether to begin Level II prep now or after you get your result?

If so, I suggest you start Level II studies as soon as possible… but focus on the following readings:

  • FRA: Inventories, long lived assets, evaluating quality of financial reports (similar reading at Level I)
  • Corporate Finance: Capital budgeting, capital structure, dividends
  • Equity: Return concepts, discounted dividend valuation
  • Fixed Income: Introduction to asset backed securities (this reading is at both levels for 2015)

These readings will help you reinforce several important Level I concepts. Hence you’ll benefit even if you don’t clear the exam.