i am starting to think that all of those “study Notes” don’t really give us any added value as opposed to studying from CFAI… and for those of you who think that the notes are a compact quick version f the curriculum… your wrong… all of those study notes come in 5 books almost as long as those of the CFAI so someone please tell me whats the point??? its about time we all start using and only using the CFAI text which we get for FREE !!
sour grapes are delicious!!
Nah - they read way quicker. They take probably 2/3rd of the time to read (my guess). Over 150 hours that’s an extra 50 hours of review. From what I’ve heard though, they don’t cover all the smaller (and less significant) stuff as well, and it’s not in as much detail (which is why it doesn’t take as long).
wake2000 Wrote: ------------------------------------------------------- > sour grapes are delicious!! LOL!
Agreed - faster study. The longest part for me is getting through the first pass of the material. You can always use the EOC questions from the CFA texts to ensure you’ve covered the material. Personally, it seems to me that they cut through the extra and get straight to the point of the LOS.
Kabaka Wrote: ------------------------------------------------------- > Agreed - faster study. The longest part for me is > getting through the first pass of the material. > You can always use the EOC questions from the CFA > texts to ensure you’ve covered the material. > Personally, it seems to me that they cut through > the extra and get straight to the point of the > LOS. Yeah - but CFAI tests on the extra…
time. sweet, sweet, time. let’s say i studied 200 hours. if i only used CFAI books, i would’ve been dead. but did i want to put in another 100 hours? not really. schweser is much more concise and i also like how it is structured by LOS vs just a huge chapter of stuff all there.
There is definitely some benefit if used as intended. If it wasn’t for Schweser, I wouldn’t have known the first thing about quant, fixed income, or derivatives in L2. But I also went back to the curriculum once I figured out what the &*$% the point was. It was clear how much deeper CFAI went into subjects, and how vague some LOS were. Some should have basically said - know everything in this reading. But without the initial “aha” moment from Schweser I would have stayed completely lost. Not that I know that much about L2 derivatives now…but nevermind. I also attended a 3-day schweser seminar in April and found it extremely useful. Again, I never intended for this to be a shortcut, just a quick hit of all the subjects so I knew where I stood going into the final month stretch. It helped me to get motivated and focused on my weaknesses, which I found to be SS 1-18. lol. These additional resources are just that - resources. If used as resources they can definitely be helpful, if you’re looking for a shortcut then you’re looking in vain. It doesn’t exist past L1. If you are going to use them as a shortcut because of other commitments (and why not?) then just know that you’re missing about 25% of the material, and just getting the basics on any given LOS…so you’re going to have to know that condensed material very well and have very little room for error in order to pass the exam.