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

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

Is level 3 material different from what you’ve seen in BSc?

@@thefinancialanalyst31 yeah was doing parts of cfa level 3 aswell.

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.

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.

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

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

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?

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!

@@thefinancialanalyst31 So you are through !? Congratulations !

@@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

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).

Yeah my wife is Hindu