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CFA Level II - The Hardest to Easiest Topics (as a Level III Candidate)

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The Financial Analyst

The Financial Analyst

11 ай бұрын

Good luck on Level II!
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely.

Пікірлер: 22
@alexmacdonald9352
@alexmacdonald9352 11 ай бұрын
I’m sitting the CFA level 2 next May, really apprehensive as CFA level 1 was tough enough and now we have PSM’s
@thefinancialanalyst31
@thefinancialanalyst31 11 ай бұрын
You got this! You have abojt as much time as I did when I began level 2. My main advice is to focus on really understanding what it is that they’re teaching you. That way, any weird curveball question that they have won’t throw you off too much
@spoonfed7724
@spoonfed7724 10 ай бұрын
I found cfa level 1 easy and level 2 a bit more difficult. I learned most of this in my BSc finance and investment degree
@thefinancialanalyst31
@thefinancialanalyst31 9 ай бұрын
Is level 3 material different from what you’ve seen in BSc?
@spoonfed7724
@spoonfed7724 9 ай бұрын
@@thefinancialanalyst31 yeah was doing parts of cfa level 3 aswell.
@fawazalrubaian3477
@fawazalrubaian3477 3 ай бұрын
did you use one of the third-party providers for the material? do you recommend any?
@thefinancialanalyst31
@thefinancialanalyst31 3 ай бұрын
Yes for all 3 levels, I used mark Meldrum. Level 3 requires the use of the primary materials from CFA though (in my opinion). Because of the short response section, you want to be sure that you’re using language that the CFA uses. Also, I HIGHLY recommend downloading as many of the old Boston Mock Exams as you can and taking them as early as you can for level 3.
@CzykGrant27
@CzykGrant27 2 ай бұрын
What was your experience with mock exam difficulty compared to that of the actual exam?
@thefinancialanalyst31
@thefinancialanalyst31 2 ай бұрын
I’d say that CFAI mocks were pretty good at matching the difficulty of the actual exam. MM were way more difficult, but great for practice
@nzhustler
@nzhustler 11 ай бұрын
Ive got the November exam - close to finishing my first pass on the reading. Any tips on how i should structure next few months?
@thefinancialanalyst31
@thefinancialanalyst31 11 ай бұрын
Congrats! Are the mock exams available for you yet? If so, I would take one now to see where your deficiencies are. I uploaded a spreadsheet in my community tab that you can use to evaluate what you got wrong/right. Hyper focus on the areas where you guessed/got answers incorrect. Then, I would focus more broadly on the LOSs. Go through every LOS and ask yourself if you know it. If not, focus on those LOSs. Also, as you approach exam day, carve out time to write out formulas over and over again, to commit them to short term memory.
@nzhustler
@nzhustler 9 ай бұрын
Great tips, thanks - making my way down MMs QBank now over the next fortnight and then mocks for the next 4 weeks. Is 6 mocks sufficient? 3 from MM and 3 from CFAI
@faraimaswera4294
@faraimaswera4294 28 күн бұрын
How many mocks did you write for level 2??
@thefinancialanalyst31
@thefinancialanalyst31 28 күн бұрын
I only did the two mocks CFA provided and all of the Mark meldrum mocks. I can’t remember how many MM provided. Maybe 4?
@aristidetekeu4750
@aristidetekeu4750 3 ай бұрын
Hi , what are you using for your CFA L3 prep
@thefinancialanalyst31
@thefinancialanalyst31 3 ай бұрын
I used MM for Level 3. But what helped me more was using the physical texts from CFAI. MM was great as a first pass. But you really have to read the texts to fill in the gaps. Also mock exams are key!
@aristidetekeu4750
@aristidetekeu4750 3 ай бұрын
@@thefinancialanalyst31 So you are through !? Congratulations !
@thefinancialanalyst31
@thefinancialanalyst31 3 ай бұрын
@@aristidetekeu4750 yes! I wrote L3 in February and found out in early April. I haven’t made a video yet, but I think I will once I receive the charter in the mail
@priyankgangwal7284
@priyankgangwal7284 6 ай бұрын
Hey i just started my cfa l2 prep with economics. My exam is on 31 August 2024. I’ve taken online lectures & planning to complete all lecturers before april end after that how should i approach. I'm planning to solve candidate recourse twice with curriculum blue box & examples. Solve 5-6 mocks also. Any suggestion would you like to add?
@thefinancialanalyst31
@thefinancialanalyst31 3 ай бұрын
I’d say that by the end of April, you should assess your skills with a mock exam. Then take note of where you’re lacking in knowledge by noting the LOSs that require your revision. Then I would spend time reading the text to make sure that I fully understand those LOSs. That’s what I did for level 2 (particularly for economics. Towards the end I actually read the entire second reading in econ).
@lightskinkobe
@lightskinkobe 3 ай бұрын
Is that hanuman in the background?
@thefinancialanalyst31
@thefinancialanalyst31 3 ай бұрын
Yeah my wife is Hindu
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