CFA Level 2 Study Strategy (Master Vignettes)
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- เผยแพร่เมื่อ 30 มิ.ย. 2024
- My strategy for studying for the CFA Level 2 exam. This video brought to you by viewers asking in the comments for level 2 specifics. The CFA's vignette style questions need to be practiced to pass! Here is what I did.
thanks ! Really dig your videos !
Thanks man☺️ you kept your word
You got it!
It would have been nice some of the resources mentioned (google drive etc) were linked in the description.
Just passed CFA level 1.. excited to start level 2
Congratulations! Check out my video that will be posted today!
Kemon cholche prep for level2?
I think you are the coolest CFA i know, thanks for remember that 🤣
Hey Aj, been following your videos since L1. I was looking through your channel for a video on what your specific study strategy was for L2. I know you mentioned in this video, practice, practice, practice - but before you got to the practice stage, what was your strategy? Were you reading the curriculum books front to back? Were you using MM videos? Were you reading Schweser? Curious if you could drop some tips on how you approached the curriculum (aside from the practice problems). Cheers
Hey Thor,
Thanks for following for a while! I will make a video about my L2 study approach! Great idea.
@@straighttalks-ajsrmek323 That would be awesome! I know myself & other candidates would find it highly valuable. I think it would be great to hear what your full approach was (ex; Watched the MM video, went right to the EOCQ solution videos.. took notes, then moved on). I haven't found any charterholders sharing their full L2 experience & approach. It would also be great to hear if there were any topics/readings you found most challenging/easy & how you tackled them. A lot of L2 candidates watching would be able to relate, & it's good foresight for L1 candidates. Looking forward to watching that video! Cheers.
Any suggestions on where to get the google docs with all these prior practice exams?
Looking for this as well..
Hyy man did u find the doc link please share if u found it
Hey can you point where the past exams are on the cfa platform? I don’g see them anywhere thanks!
Google drive link please!!!
Do you have past old exams or link to it?
Please share your views about CBT for level 2 students...
Currently studying for level 2. Level one was super easy for me considering I read all the CFAI books and practice the mocks. Not sure what level 2 will bring this December, but I will shoot for a 90th percentile score, if this fails, I'll probably end up passing lol.
Aim hight! Haha but honestly I think the level 2 exam is about 30% harder than the level 1 exam.
Did you pass
@@DivineAffection Yep, think it was way easier than level 1. It was shorter in time and the questions weren't detailed.
Did you really pass lol
Did you pass ??
Hey AJ! Is studying blue box examples and eoc questions enough to crack level 2? I'm sort of falling short of time...
Yes studying those will be very beneficial!
Hey man ! I have done my engineering now and very interested to finish CFA course
I have been investing for 1 ½ year now and I am really interested in equity and investments and want to pursue a career in it.
Is it good to do CFA now soon after engineering ?
Or
Do MBA and then do CFA ?
I heard from one of your videos that you need to have 48 months of work experience , so is it good like , if I work for 2 years in an equity company and then do MBA and then do CFA while I finish another 2 years ?
Really confused ! Please help
Love your channel ❤️
Yes, even if you pass all 3 CFA exams you still need 48 months of investment related work experience. So if there would be a gap between you passing all 3 exams and getting those 48 months, doing an MBA certainly would not hurt!
Hey man, hope you good. I was registered for June 2020 level 2 exam, but now I managed to re-register for May 2021 planning to start my studying as from October 2020. I study after hours and on weekends.
I wanted to know which study topic orders are more good to use. I thought maybe I should firstly start with low weighted areas 5-10%*, ( i.e. Economics, Quantitative Methods, Corporate Finance, Alternative Investments, Derivatives ). Then focus on the larger topics from next January. By doing this I think I can recall the most critical topics unlike studying them now first.
So please kindly advice me which topic orders are more advantageous. Sorry for the long message, your response will be highly appreciated 🙏😇
Regards from Botswana 🇧🇼
I have talked about this in other videos, but I do not believe that studying in any certain order will help your chances of retaining information. I think just do it in whatever order you are most comfortable!
Thanks for the response, highly appreciated. I had a set order Iused before postponement and it was going pretty well, but felt demoralised after June 2020 didn't happen. Anyways,I will definitely work out which order to use before commencing, the most important thing is to understand the topics, application and concepts.
How would you rate the difficulty of exam questions compared to EOC and practice online questions? For level one I found it easier and at par with EOC , practice online questions were tough. Here level 2 practice online questions are way difficult than EOC questions.
EOCs are about equal. Practice questions are harder.
Damn what a relief.. in my experience from level 1 I did exam more or less to be EOC equivalent. Practice questions on website were nuts I got so demotivated today. I will be practising them anyway because I have time but wouldn't stress that much now. Curriculum example and EOC is top priority for me.
Thank you for your reply.
I need some advice from someone who has completed level 2: I would like to write level 2 in August 2021 but I have a CA(SA) board exam in April meaning that I will only be able to dedicate 4.5 months to study for it. Is this a sufficient amount of time? I only had 3 weeks to do level 1 and I managed to pass that but I've heard that level 2 is a lot tougher than level 1. Appreciate any feedback/ advice!
Level 2 is tougher, but not by all that much. If you were able to study enough to pass L1 in 3 weeks then you should be able to pass L2 with 4 months of study.
@@straighttalks-ajsrmek323 Thank you for the feedback! Appreciate it 🙏
Hello Aj. I called the cfa institute directly and there are no such sample test for last 3 years for level 2. Has this been changed since you taken it?
I'm not sure. When I was in the program there were always prior tests available on their website.
@@straighttalks-ajsrmek323 It does not seem to be the case now, I have been looking for it as weel and do not manage to find any of this kind of information
hey man, wanna know which study material is good for level 2 ?
I used Wiley and it worked very well for me.
Hi, really appreciate all the explanation. This is really helpful! I am currently registering for Level 2, 2021. But I am still debating between when to take it: June/August. Would be really helpful to see your opinion.
A little background info: I am a final year master student. And next year spring would be my last semester. I anticipate less course work but more work to do on the recruitment front. So really curious to see your thought, as I have seen one people on TH-cam saying he cannot understand why people will take the August Exam. Thank you for reading this long message :)
If you don't think you will be able to get in the amount of hours you want to hit (I think 500 is best) then you should delay taking until August so that you can hit your goal of hours.
@@straighttalks-ajsrmek323 Thank you for the reply! Really appreciated！ 500 hours is definitely a lot if considering recruitment at the same time!
@@mingqiuliao5222 I know, it is a lot. But I think it will give you the best chances possible of passing. Best of luck!
Does it make sense to read the questions before reading vignett? I've read some used this strategy
Definitely! I always did this, I would take them one by one.
@@straighttalks-ajsrmek323
What do you mean? Explain please. Did you read one question, then find the answer in vignett, and then read the second question?
English is not my native language, it is very difficult to keep in mind all the information from vignett.
@@fujimatosa Not a problem, I'm happy to explain. You are exactly right. I would read one, read the vignette until i could answer, then read the second question and go back to the vignette to answer it.
@@straighttalks-ajsrmek323
Sounds pretty time consuming
@@fujimatosa Actually it will save you time vs reading the whole vignette then having to go back to it to answer each question.
3:28, are you referring to past 3 mock exams for L2 or actual exam for L2?
The mock exams.
I have not mastered level 2 material, read through it once, the strategy is to solve questions for the next 40days. For those who have faced this monster before is that a viable strategy. Please ur honest opinions
Yes, doing practice questions is your best friend!
Well the is that you will, never know if you are prepred enough, it is not knowledge only is fhisical also
When you say practice exams are you referring to mocks?
exactly.
Where do they post prior year exams and answers? I haven’t seen that on cfa website.
It used to always be on the website. Maybe they don't do this anymore?
Is it not a breach of CFA rules to use past exam papers other than the ones they provide?
You should only use the ones they have provided.
Luka Doncic is a CFA charterholder?😂😂
Really?!?! link
@@straighttalks-ajsrmek323 it´s you man hahaha you look a lot like him ( my opinion)
@@mateusmartins2499 Ohhhhhhhhhhh lol
Helpful advice. Thank you. Onto a topic that is broader than the CFA, I pray that the Lord Jesus Christ and God and His Holy Ghost is with you, dear reader, and your loved ones during this time, and always.