I can’t believe we don’t have such topic :). So what’s going to be your strategy for the remaining days? For example, are you going to put more time in the topics you know well to cement your knowledge or you are trying to achieve some good level of understanding in the others? Are you redoing old questions or searching new ones? Please share your plan for the time to the D-day as well as provide some constructive criticism for other candidates’ ones :).
As to me- opposite to my initial plan last weeks I’ve completely neglected the topics I score well (FRA, Equity) trying to improve my scores in other topics (ex. Derivatives). In the last practice test I scored 75% or over in FRA, Equity, AI, Quant vs 33% in Economics. Now I’m goind to review Econ (god, CFAI can make you hate economics, the curriculum is awful) although this topic is quite ungrateful. I’m sick of EOCs so I’m trying new questions (Elan, Finquiz). I have never watched videos for any exam but now I’ve found they are quite useful for general comprehension so most probably I’ll spend some time for this too. I’ve neglected Ethics completely during my preparation for Level II so the last one-two days before the exam I’ll read the CFAI text. In few words- I’m trying to achieve over 70% in everything through equal time of reading/ waching videos and doing new Qs.
I don’t care about videos or CFAI books anymore. Focus on Schweser, summary notes from various places (including the MM you sent) and practice questions on CFA website for today and tomorrow.
27th onwards - 2 mocks a day.
31st may - CFAI mock redo and then 1/2 day break (honestly)…I’m completely burnt out and if I keep going like this I’ll start slacking around exam time.
Taking then last schweser mock on saturday. Then from sunday till friday the 5th, i’ll keep reviewing my notes and the corrections of the mocks i’ve taken. I can’t do another mock during the final week, 6h mock is too exhausting.
Yes, two mocks a day sounds like overkill. Shootforthestars1 , do you mean two 6-hours mocks? When are you going to revise?
My plan for the next 10 days - 1 Schweser exam, 1 Finquiz exam, 1 CFAI mock, CFAI topic assessments, some of Konvexity problems and maybe one of the 2014 mocks if I have time.
Study my homemade flashcards daily. Do the CFAI online practice questions; I’ve found them to be quite challenging and help to drill down on certain topics I’ve forgotten (I’m looking at you pension liabilities). I’ve done well on equities, alt investments, and derivatives, but I need to tattoo the derivative formulas on my arm or something
I’ve got 5 mocks, so I would like to do at least two of them timed. Unfortunately, three of them are from 2013, but I’m sure the concepts are relatively the same.
ltj/Gebura/backsholesvol - I admit it’s quite ambitious, maybe a bit too ambitious but I have to no other option. I lost abt 70% of my planned revision/mock time due to some unexpected flow at work - so it’s either this or I sit the exam again next year.
I know 2 full mocks take 12 hrs but I’m used to extended working hours so I’m basically waking up/sleeping at the same time as I would for a busy day at work.
If I pull it off I’m a happy L3 candidate, if I don’t atleast I’ll be satisfied I gave it all.
Plan this week is to do both of the 2015 mocks and the practice assesment online. All of this X2
(If time allows I’ll be reading Parts of the 11th hour guide again.)
Then Monday-Thrusday of next week go through the EOCs in the CFAI…
Friday-Reread Ethics and Skim through the 11th hour guide.
Everynight before bed I’m going to skim through the ELAN 92 page equation sheet.
And somewhere…when I feel my brain is already on fire and I need to take a break I’m going to finish watch the last 3 videos of the 11th hour review course.
The one on Options, Review on their topics on FRA and Equity. -->Got to learn how to solve those problems the Peter Olinto way…
I admire your ambition but, personally, I think my time would be better spent doing one mock (AM and PM) a day and spending 6 hours reviewing solutions to all problems (skipping ones I noted as high confidence) in addition to flipping through the section in the book for a couple minutes each. 12 hours of problems would leave me brain dead and not really contribute to my understanding. We each have our own ways of learning though…
My plan is to review FI, Deriv, and FRA EOCs from key sections of the CFAI curriculum through Friday to wrap up my review. Saturday will be a brain rest day with errands and whatever else. Ill get to bed early and sunday will be my first mock, full simulation of the real thing. Review that evening. I have the last week off of work. Mon-thurs I should be able to reasonably casually hit all of the assessments online and review the topics as I go (under 25 hours at 3 mins a problem). Will also review all notecards each day. Friday will be a final pass on ethics and notecards if I feel necessary. D-day is on D-day.
I spent more time than I wanted on my initial review so I didnt have time to do mock -> review everything -> mocks -> final review like I would’ve preferred. That last week will be the CFAI mock followed by a review-by-practice with the problems on the CFAI website. Ill probably do those semi open-book as necessary.
My last couple weeks have been flipping through readings and stopping on any notes I took in margins or anything that I think has high odds of coming up. EOCs on weak sections. Im making notecards as I go (goal was around 200 total but may be closer to 300) for topics that are rote memorization. Things like ‘key indicators of when to use which method/model/f(x)’ or the association between Porter’s Five Forces and specific key risk factors. I also have cards for formulas but I think the value on those is just associating the formula with tricky details Ive seen (for example, my FCFE card flags the CFO f(x) to highlight WCInv has already been removed but FCInv hasnt).
Ill hit the 2015 CFAI mock to make sure I didnt skip something important in my review and to give me a bit of ease of mind before the exam. Im feeling confident after watching the Wiley video someone posted here earlier - he mentioned scoring 50 something on the CFAI mock a couple days before passing > 70% in everything.
If I work during the day I am doing a half mock (10 item sets) followed by review on topics I’ve figured out I’m weak in from doing the mocks, if I don’t go to work I am doing a full mock followed by review. Right now I am on pace to complete 6-7 mocks and do the cfai assessments online which I think will put me in pretty good shape. Going to be off work starting this Friday until exam day so I plan on putting in 12 hour study days until the exam hits. The most frustrating thing on mocks is I’ll get 5 or 6 out of 6, then randomly get a topic I thought I knew ok but get 1/6 on it which kills my final score. One or two melt downs out of 20 item sets seems to be the difference between 65 and over 70% but it’s been great practice and I feel well prepared
Hahaha well those CFAI assesment really throw some curveballs at you…I mean they aren’t difficult once you realize what they are asking for…but GOD DAMN…information overload in a lot of them +fatigue and sometimes I misread they want 2015 not 2014 or they give me an eps…but it’s actually the EPS for like 2034 or something like that…
I’m hoping the actual exam isn’t as verbose as those Mocks they’ve been giving us.