Brilliant, if these notes help just one person pass then I’m happy!
So for some context that may or may not prove useful, these notes are a refined accumulation of notes I took whenever I answered a question wrong. My strategy was to read a CFA curriculum topic, do the end of chapter questions followed by all the relevant AM mock questions and finally, the CFA question bank topic questions.
The first exam was cancelled, I was very annoyed so took a couple of months off. When I got back into studying, I couldn’t go through the pain of reading the CFA curriculum again so my strategy for each topic was to read my notes, do all the relevant AM mock questions again and then do all of the CFA question bank topic questions. At this point, the institute added about another 1k questions which I believe were the end of chapter questions.
The second exam was cancelled two weeks before the due date, it was going to be the last ever written exam, glory was forever lost and so I was very annoyed and took a couple of months off. When I got back into the studying, I wanted to put my head through a wall but instead, I thought I could keep it all interesting by refining my notes (200+ pages). My strategy for each topic was to read my notes, do all the relevant AM mock questions again, do all of the CFA question bank topic questions and then I refined my notes as best I could so my final review would be an easier process – it was.
Last month before the exam, I did full mocks to ensure my timing for the AM was solid and memorised formulas. My timing strategy was to write down as soon as the exam started, what time I should be finished each topic so that I never ran out of time to pick up easy marks. If I hadn’t finished the section by the time allocated at the start of the exam, I simply moved on. For the new computer-based testing, I recommend making note of how many marks are allocated to a section then adding these marks (1mark = 1min) to the current time. This was a great strategy because it allowed me to skip the first two sections that came up on the exam which just so happened to be my weakest areas. I came back to these sections at the end of the exam and I was in full flow at that point so the stuff I was struggling to answer before was pleasantly much easier to recall. This approach also stopped me from becoming panicked at the start of the exam with unhelpful thoughts such as “are you about to ■■■■ 600 hours of study up the wall?”
Once you have a baseline understanding of all topics, I believe that you should be answering as many questions as possible. This process will identify the gaps in your understanding. If you are not getting full marks for the heavy pointer questions, redo them straight away and get strong through repetition. Every mark now carries more weight so don’t squander easy points. You’ll also be more engaged with your learning with practice questions, identify your knowledge gaps and turn your weak areas into strengths through repetition. Create your own notes to help you consolidate your knowledge, that is where the real value from notes comes from.
Wishing you the very best of luck getting through this final exam.
p.s. If you are resitting, you have my kudos, I don’t know how you’ve managed to muster up the mental strength to keep going but you have and that makes you an incredibly capable person. Learning how much grit you have is an incredible takeaway from this program and something you can be really proud of.
Here is the link;