Anyone else just lacking in the motivation department? Right now should be crunch time and I should be really ratcheting it up but I am having a hard time.
Has anyone taken level III? What do you think about it? Everyone always says it is a harder test than L2 but easier content. I think because the content is so much more subjective I am finding my studying is not as productive as L2.
I Don't Feel Like Studying: Chartered Financial Analyst Edition
Getting through a large amount of uninteresting material can be very challenging. Before the third level of testing of the CFA, your enthusiasm to earn the charter may be waning. The best way to break through this is to create a system of studying and progressively cover all material. The material will seem even more impenetrable if tackled last minute.
- Be consistent with studying
- Practice applying knowledge as much as possible
- Review work from earlier sessions
- Spend a bit of extra time focused on ethics
Potential charter holders could not make it all the way to the third level while slacking off. However, there is a tedious nature to the material in this section.
Thoughts from the community
from certified hedge fund user @SenhorFinance
From a charterholder: by all means put in the extra effort, you'll be real glad you're done with it, for whatever it's worth. Now, the single most important piece of advice: L3 is about timing. Practice on being as synthetic as possible. On a synthesis scale, think industry reports as 1, sell-side reports as 3, buy-side pitches as 5, CFAL3 as 10. It's an art that when mastered, dramatically increases your pass probability even if you're not feeling that sharp on the curriculum itself.
from certified investment banking user @duffmt6
My motivation was that my girlfriend would have killed me if I had to study for another test.
from certified asset management user @kingtut
I didn't really hit the books hard until the start of April. I'm currently studying 7-8 hours per day. I get into work early and study for an hour, bring my lunch and study for an hour, and then I usually study for 5-6 hours in the evening and leave around 11-12. Fortunately, my boss is very supportive of the CFA and has helped to divert a lot of shit from landing on my plate.