This is my first post … I registered in this forum because of the support I felt since we all understand what each of us is going through …
So I passed L1 in December, Im planning to take L2 this June. However I am worried about the level of difficulty of Derivatives… I skipped it for L1 due to lack of time… but planning on covering all topics for L2…
Will I be able to understand Derivatives from L2 material now that I skipped the basics? Do I have to review L1 material first (I do not think I have enough time)?
Yes. I do believe they cover all the sections from Level 1 Derivatives before introducing Level 2 concepts. Those segments are optional but it might be worth reviewing before you move onto Level 2 derivatives stuff.
Derivatives is a very challenging topic for a lot of L2 candidates. It certainly was for me. You don’t need to review L1, as the curriculum does a good job of brining you up to speed for the concepts in L2.
I dedicated a lot of time to derivatives in L2. Did a ton of questions to make sure I got the concepts down pat. I didn’t “master” the material, but felt confident enough with deriv. going into the exam. But during the exam, I left the deriv section last, and ended up running a bit tight on time, with only enough time to crunch out 1/6 questions. Ended up guessing most of the set. Luckily i passed.
Don’t take my exp. as “I can skip deriv and still pass”. But think about it in terms of “there’s no giveaways in L2, and even if you’re not 100% comfortable with deriv, you should know it well enough to at least pick up a few points.” The exam experience is full of surprises.
In fact, derivatives aren’t as difficult as many candidates believe. The primary problem, in my opinion, is that they are rarely explained fully, leaving most candidates with a ton of formulae to memorize, rather than giving them a solid understanding.