How to Pass the particular CFA Level II Examination Now that you have passed your CFA Level I test, it is time to get started with the Level II exam. Degree II exam is recognized as more difficult compared to the Amount I exam. In accordance with the CFA Institute, only 39% from the students passed the extent II exam. Consequently, it is imperative that you prepare your studies well. Here is an outline of how to get ready to pass the exam. 1. Get started early: Test requires you to review extensively. So, it's a good idea to start first. Considering that you should devote at least 250 hrs to studies, starting 6 months ahead may be beneficial. Unlike the Level I exam which is conducted in June as well as December, the Level II exam is conducted simply in June. Starting a preparation in January or February may be beneficial. 2. Get knowledgeable about study material: As soon as you register for the exam you will receive the official CFAI curriculum books, which are divided into 20 sessions. Briefly consider the 18 sessions to gauge your understanding in the topics. 3. Make a study plan: When you know what you need to study you will need a study schedule. Research schedule will help you prepare the next few months for studying, note-taking, practice inquiries, and practice examinations. You can get started with the free CFA Stage II 21 full week study plan from Finance Train 4. Buy study information: Using 3rd party study notes can be successful and can speed up your own exam preparation. However, you must carefully make a decision what you are looking for from a provider. Companies like Schweser and also Stalla provide extensive review material to prepare to the exam. They offer a substitute for the official study guides. However, many students, to some degree, wish to use the official substance (for one reason its cost is included in the assessment registration fee). Nevertheless, many of these students get the official material difficult and would like some type of low cost, high value supplement. Financial Train provides CFA exam study guide Study Supplement which does simply that. Presented over 21 weeks these every week modules help encapsulate essentially the most critical elements of the exam that candidates do not want to miss. Studied in tandem with CFAI's official This year curriculum, practice problems, and practice examinations, this particular supplement will help individuals reinforce concepts and also formulas to obtain a moving past score. 5. Generate flash cards: While you're studying prepare thumb cards for crucial formulas and essential concepts. You can also put together flash cards with regard to step lists and techniques. 6. Practice questions: For each study period you should allocate plenty of time to practice as many concerns as possible. The CFA level II exam contains 20 item units, each item set consisting of 6 questions about a unique scenario or series of events. The exam taker is recommended to study as many object sets as possible. Don't need to pressure yourself with regard to practicing. First start with open book, that's, try to solve the difficulties with the help of books, then as you gain confidence, you can gradually far more to solving the difficulties all by yourself.
Last but not the least, you must keep motivated at all times and stay fit as these two factors contribute to better learning.
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Published on Apr 4, 2014
Now that you have passed your CFA Level I test, it is time to get started with the Level II exam. Degree II exam is recognized as more diffi...