to go for L2 this June or next year

MelcyMo · January 30, 2020, 2:44pm

Just got my results for L1 PASS. Not sure if I should go on to L2 this year or wait for next year. I work full time.

JKenns · January 30, 2020, 3:58pm

I’m in the exact same situation!

Don_Quixote · January 30, 2020, 4:54pm

Same boat. And I just started MBA classes. L2 registration doesn’t even open until February 5th, leaving 122 days of prep time.

Anyone who passed L2 want to weigh in? Can it be done?

system · January 30, 2020, 5:11pm

Same here…I am planning for next Year…I too work full time hence its difficult to manage time for Level2.

dasstienn · January 30, 2020, 5:27pm

I passed Lvl1 December 2018 and went for Lvl2 in June 2019 and passed too. But I started preparing for lvl 2 in December 2018, before the results for lvl1 came out. I completed Equity and started preparing for other topics starting from February. I didn’t spend 2-3 hours every day (sometimes would spend 1 hour on 1 hour video and that’s it). But I did a lot of mock exams (14 full mocks, and 1 live mock). I guess it depend on practice.

Sweep_the_Leg · January 30, 2020, 5:34pm

The answer to this question is unique to the individual asking. I did the quick L2 turnaround while also getting my MBA, working full time, remained happily married raising one kid with another on the way.

For me the key was properly budgeting my time and sticking to my schedule. That and having a very understanding spouse. That’s extremely important if you’re married. I’ve heard some horror stories ending in divorce, and worse, failing the exam.

Don_Quixote · January 30, 2020, 5:47pm

So you’re telling me there’s a chance!

system · January 30, 2020, 5:51pm

Just to know more before I take final decision, did you just read curriculum books or did you refer any other material/videos like Kaplan,IFT?

dasstienn · January 31, 2020, 12:34am

I used Mark Meldrum videos, literally didn’t read curriculum, just did EoCs after watching each video.

MelcyMo · January 31, 2020, 11:04am

can you say how many hours you put in?

system · January 31, 2020, 3:45pm

are all CFA level 2 Mark Meldrum videos available on youtube?

Takedown · January 31, 2020, 4:35pm

I did the level 1 in Dec '18 and level 2 in June '19 and passed. If you want it bad enough, you’ll study hard/long enough.I started studying in Jan for level 2.

I used Kaplan for level 2 and never looked at the CFAI books or QBank. In hindsight, I should have used Mark Meldrum. Using him for level 3 and I think he covers way more than Kaplan.

Whether you can do it all depends on your own circumstances and level of commitment. But it can definitely be done.

CEO10K-DAY · January 31, 2020, 5:58pm

You 100% go for it. do you know how much time is in 122 days?

It’s a lot.