CFA Level 1 study materials and Level 2 prep
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(Baboon, 172
Points)
on 8/12/11 at 9:03pm
I'm planning on taking the CFA Level 1 this coming December and had a question about prepping (which I haven't started). My friend gave me his 2009 Schweser study guides. Are these OK to study from, or should I buy the 2011 notes?
I want to complete Level 2 by December, 2012. If I delay Level 1 til June 2012, will 5 months be enough to study for Level 2? Or do I need a full year of study for that SOB?
Are the Schweser notes good enough to study from for a 3-4 month period, or should I take courses to supplement?
thanks!





2009 should be OK, but don't
2009 should be OK, but don't take my word for that. Sometimes they slightly change the LOS to decrease/increase what you need to know. But really the basics stay the same year to year.
If anything see if you can get the LOS list for this year (I could prob help you out w/ that) and compare it to 2009 and see what's different.
I know several individuals who studied for L2 for 3 months & passed. Then again, I know even more who studied for 5 months and failed. L2 is known as the hardest level because of all the memorization of formulas. L3 is more PM theory & writing.
If I were in your position I'd take L1 this December. First because if you take L1 in June, you're definitely going to want to take a break after 150+ hours of studying. Trust me. Second, if you fail L1 i December, you can still take it in June.
Also.. do they even give L2 in December? I didn't think they did..
Y don't you just get the 2011
Y don't you just get the 2011 notes? Google is your friend.
For searching from a list of qualified providers and to buy the notes of course...I'm not advocating any other method/methods of obtaining the guides/practice questions/question banks/secret sauce/educational videos.
Good luck!
Level 2 is only offered in
Level 2 is only offered in June.
Some of the Learning Outcome
Some of the Learning Outcome Statements are changed/revised each year. So portions of the 2009 study material might be irrelevant.
Thx guys. Looks like 2011
Thx guys. Looks like 2011 notes it is!