Tuesday

My CFA Level 2 Study Plan

As soon as I knew I passed Level one I've made my order from Schweser, sadly the books wont be available untill end of October ( will be shipped not before Oct 28th ).

so I've decided to read the CFAI material until i receive my Schweser books,
so far i finished SS3 Quant, SS4 Ecoomics and SS5 and SS6 Accounting but i was not that dedicated much in studying it was more into a reading than real studying.

my CFA LEVEL 2 study plan will be the same as my L1 Focus on the high weights first so i wont be pressured when i get closer to the exam date.

CFA LEVEL 2 Study Plan:

there will be 18 study sessions with a total of 68 Readings.
  1. December (Nov 29th till Dec 26th)= SS10, SS11, SS12, SS5 AND SS6
  2. January (27th of Dec to 30th of Jan)= SS7, SS8, SS9, SS14, SS15
  3. February (31st of Jan to 27th of Feb)= SS16, SS17, SS13, SS18
  4. March (28th of Feb to 27th of Mar)= SS1, SS2, SS3, SS4
  5. April (28th of Mar to 3rd of Apr) = week off
  6. April (4th of Apr to 1st of May)= will review the material all over again through secret sauce and Schweser Videos
  7. May (2nd of May to 29th of May)= Mock Mock Mock Exams (from Schweser and CFA)
  8. June 30th to 4th - will relax and read ethics again to be ready for the exam
JUNE 5th 2010 is Exam Day


Topic Areas and Weights

Topic Area Level II
Ethical and Professional Standards (total) 10
Quantitative Methods 10 -- 5
Economics 10 -- 5
Financial Reporting and Analysis 15-25
Corporate Finance 15 -- 5
Investment Tools (total) 30-60
Equity Investments 20-30
Fixed Income 15--5
Derivatives 15--5
Alternative Investments 15--5
Asset Classes (total) 35-75
Portfolio Management and Wealth Planning (total) 15--5
Total 100

Functional Area Topic Study Sessions Readings
Ethical and Professional Standards Ethical and Professional Standards Study Session 1 (PDF) 1 -- 4
Study Session 2 (PDF) 5--10
Investment Tools Quantitative Methods Study Session 3 (PDF) 11 -- 13
Economics Study Session 4 (PDF) 14-20
Financial Reporting and Analysis Study Session 5 (PDF) 21.00
Study Session 6 (PDF) 22-23
Study Session 7 (PDF) 24-26
Corporate Finance Study Session 8 (PDF) 27-29
Study Session 9 (PDF) 30-31
Asset Valuation Equity Investments Study Session 10 (PDF) 32-35
Study Session 11 (PDF) 36-40
Study Session 12 (PDF) 41-44
Alternative Asset Valuation Study Session 13 (PDF) 45-50
Fixed Income Study Session 14 (PDF) 51-54
Study Session 15 (PDF) 55-57
Derivatives Study Session 16 (PDF) 58-59
Study Session 17 (PDF) 60-63
Portfolio Management Portfolio Management Study Session 18 (PDF) 64-68

Sunday

My L1 crazy adventure

when I decided to study for the CFA it was mid January 2009, ordered the books from Schweser, and started studying in February 2009.

the day i registered in the CFA site, I knew I had to give up everything (social life, family, fun, rest, food etc)


My schedule was as fallow:

week1- Economics S4
week2- Economics S5
week3- Economics S6

week4- FSA S7 and S8
week5- FSA S9
week6- FSA S10

week7- Ethics S1

week8- Quant S2
week9- Quant S3

week10- Fixed Income S15 and S16

week11- Equity S13 and S14

week12- Corporate Finance S11

week13 Portfolio Management S12

week14- Derivatives and Alternative investment S17 and S18

Date:
started 8Th of Feb 2009, reading the material from schweser book, watched Schweser Video CD's, solving end chapter questions and solving Qbank questions and finished by the 16Th of May 2009.

My study timing was:
5pm till 10:30pm Sun to Thursday
9:00am till 3:00pm Fri and Sat

I took the last 30 days off from work (May) and my timing was :
7:30am till 10:30pm

I think I consumed more than 500 hours!


CFAI Books:
Didn't use the CFAI books only referred to them for ethics and solved ethics questions.

Final 30 Days before the exam:
I spent the last weeks till June 6 2009(exam day), reading "Shweser Secret Sauce" as a review tool and solving Mock Exams as much as I could.

Health:
I lost around 12 kilos and faced strange medical problems due to stress and pressure


Result:
Got my result on the 28Th of July 2009 with a PASS under my name it was all worth it, I was the happiest Girl on the planet! Glad that all that study has paid off.