Here is my thought, what do you think? Schweser is a good summary of the important pionts of each reading in the CFAI books. If we look at the level 1 format (which you have lots of question touching lets say 30-40% of the curriculum), we can conclude that there is less level of detail required but for more themes. Therefore, using just Schweser (which is a summary) is not such a bad idea. Instead, if we look at the level 2 format (less questions with more level of detail), we will see that more level of detail is required. So if you use just Schweser, you may cover little of everything when you will be tested a lot in just very few topics. Conclusion: Is Scweser much more effective in level 1 than in level 2? Hope you understan my concept. Thanks everyone!
agreed
I think CFAI texts for L2 are still too much. I read the entire CFAI curriculum for L1 and all I can tell you is that it did squat for me. Yes reading schweser afterwards was a little easier, but not by much. You would better spend that time doing problems. After reading the schweser material… problems and review is what you must do IMO. This worked well for me for L1. The only thing about reading the CFAI texts was that I felt like I did the “right” thing. Kinda like I read the book for class instead of the spark notes. But really, this is not the correct analogy for Schweser vs. CFAI. CFAI is just so much. Use it when you come across questions that Schweser doesn’t cover well. Use it when in conjunction with CFAI practice exams. And most certainly do the problems in CFAI. Best of luck.
I think this question might be better posed to the people who have already passed the exam, but I know that plenty of people have been able to pass on just Schweser alone. I will mostly use Schweser but plan on going back to work out the CFAI end of chapter questions and then go through the CFAI text if I find something I don’t recognize/understand. The only exception might be PM since I’ve heard a few people mention that CFAI is much better for that section.
i disagree. PM for schweser was better, good luck understanding black scholes in CFAI