What would be the worst possible distribution of topics/subtopics on the L2 exam for you personally (this can be an exercise in listing the topic areas you’d need to improve by June 1.)
Keep it under the following constraints for # of item sets per topic:
Ethics: 2
Quant: 1
Corporate Finance: 2
Econ: 1
FSA: 4
Equity: 4
Fixed Income: 2
Derivatives: 1
Alt: 1
PM: 2
Mine:
Ethics 1: Soft Dollars
Ethics 2: Research Objectivity
Quant: Multiple Regression (with an emphasis on the types of tests/methods, e.g. Dicky Fuller, Hansen Method)
Economics: Economic Growth
Corporate Finance 1: Corporate Governance
Corporate Finance 2: M&A
FSA 1: Equity Method vs. Proportionate Consolidation
FSA 2: Pensions
FSA 3: Currency Translation
FSA 4: Another set from 1, 2, or 3
Equity 1: Porter’s 5 Forces
Equity 2: Free Cash Flow
Equity 3: Residual Value with an emphasis on EVA, Economic Profits, etc.
Equity 4: Another set from Equity 1-3
Fixed Income 1: Senior/subordinated Debt.
Fixed Income 2: OAS + Z-spread calculations
Derivatives: Any set involving Swaps
PM 1: Factor Models
PM 2: Treynor-Black
Alt: Real Estate Valulation