Only Schweser Videos and QBank for Preparation. Is this enough to pass?

  1. Is it good enough to go through only Schweser videos and QBank as preparation for Level 2 exam? 2) Is anybody just relying on only Schweser videos and QBank as preparation for Level 2 exam? Here is my situation. I have done MBA from Top 5 Business school. I am working full time in risk management at a commercial bank. I joined this job 7 months back just after my MBA. Prior to that I worked in IT field. I started with Schweser Videos and expected to finish all videos by March 5th. I am wondering what is the best way to use my time and pass the exam considering limited time available for my study due to my full time work. A friend of mine, who passed level 2, mentioned that it is very important to work on as many QBank questions as I can. I would like to get your openion. Thanks in advance for your help. I really appreciate it.

at least do the EOC questions. do not be surprised if you see material on the exam which you have not seen in the Schweser videos. lots of people on here say Qbank that is useless for L2. better to EOC questions from CFAI text instead. definitely do CFA mock exam.

Personally I find QBank far too easy. It’s useful as a concept checker and summary review just to keep the retention levels higher, but is too easy to be useful in preparing you for CFAI questions. For that, the EOCs and mocks are better.

Schweser videos do not go into depth (otherwise you will need to have 400 hours of videos) - so you will have significant gaps in learning. Qbank is meant to be testing you on concepts. It is not meant to be an exam question type bank - though there are some item sets. Schweser Practice exams and CFAI mock would be a good indicator. Couple of people from my work said they passed the Practice exams and Mock but failed the real thing…until I found out that they ‘passed’ those practice exams on the second try :slight_smile:

You wont be able to do EOC for some readings for ex Fixed Income, just watching schweser video. I am doing the same, before I was just doing schweser notes. Now I am blending CFAI texts, Schweser Videos, Schweser Notes and soon secret sauce. Don’t know about Qbank…

i have schweser vids, mocks, qbank, notes and here is what i gota say qbank, i dont think i am going to take a look at it you open it, start a test, your scoring 90+/100, i see no value it is either i am so smart, i should just close the books… so the questions are too easy<<< this is more likely vidoes i have them, but after keeping track with my level 1 studying by using a timer and found that i am more efficient studying from a book, i can cover more material with a better understanding if i am reading, so i am leaving the vids for a review, plus from having seen a few, they do not cover everything i was following a method of doing schweser notes and the eoc to verify that i get the stuff. but i found a pitfall, the eoc do not test you on every concept in the chapter, and there will be instances where you will answer all of them correctly but you fail to get a concept that schweser skiped on or treated very lightly to where it did not get your attention… i understand your are from a top 5 MBA built into that is the fact that you are smart, else you would not have gotten into a top MBA but dont think a top MBA gives you an educational edge, my school is ranked 350 but i bet if you put a sample from your school against a sample from mine in a test they would out perform maybe by 5% this top school is a bit overrated, my school uses all the same books as harvard, and most of my professors are harvard grads, and we have a much more diverse student base, so really harvard is not a superior is people assume… note this is not to dis you or your school, good for you, i will work my a** off to get in a school like yours one day but it is just to remmind you that the marginal knowledge you have above someone from a lower school is not as much as you think, so you may wana work hard…

there are a bunch of hard 6-question vignettes in the Qbank FYI…some even harder than CFAI EOC questions.

Have a look at vignettes available at FinQuiz.com.

Thank you all for your advise. I really appreciate it.

I am following schweser videeos and EOC. Q-bank is just waste of time. in fact their lengthy questions, which though are complex, didnt look like exam style vignettes (based on EOC questions)

I think so far, I have discovered that using the CFAI Texts still remains the best preparation (though this requires longer time commitment). I spent the first 2 months reading Schweser Study notes and solved all EOC problems. On completion, I later switched to reading directly from the CFA Texts and I realized that the CFA pattern of questions (EOC) are way much more difficult, tricky and more comprehensive than Schweser’s. I suggest you try to solve all CFA EOC problems in addition to whatever means you want to study. It is a close gauge of how prepared one is for the exam.