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Study Plan and Tips to Crack CFA level 2 Examination

If you have passed CFA level I exam, you have crossed the first Hurdle and now on your way to attaining CFA charter. The second hurdle, CFA level II exam, is relatively tougher hurdle than the CFA level I exam. Since you need a solid Study plan to clear this exam in first attempt you should plan you study schedule nicely.

Here are the few tips to Crack Cfa level 2 in a one go,

CFA level 2 Study Plan

  • You need to double the amount of time that you had planned for level 1.
  • Schedule a CFA level 2 Study Plan ahead and have ample time to study the whole curriculum at least 3 times.
  • Allocate time to practice samples questions so that you can attempt the vignettes confidently in the examination hall.

Know the Weightage

  • Give priority to the more weight subjects in the item set questions.
  • Four topics – Ethics, Financial Reporting & Analysis, Equity Investment and Fixed Income represent approx. 50%-80% of the weight.

Know the basics

  • CFA is a dynamic course and every level is intertwined with each other.
  • And you need much more depth in foundation concepts of CFA Level 1 exam.

Follow straightforward approach

  • Don’t prefer to read the questions first and then case study. For answering the questions, anyways, you will have to refer back to vignettes time and again.
  • Use straight forward approach and read the vignette real quick and then the question to answer quickly.

Try to get above 70% in every section

  • CFA does not provide individual section passing scores.
  • If you get more than 70% in each section, you will not fail.
  • Plan strategy and pick your strongest sections. It helps you build confidence during the exam and also help you save valuable time that can be used for attempting the weaker sections.

The curriculum of CFA level II is tougher than that of CFA level I and the competition will be high because of the more inclined candidates. While the number of questions in CFA Level 2 exam is certainly lesser, but the difficulty level of the exam is much more than CFA Level 1. With a clear study plan and a smart hard work you can nail this toughest level of CFA. To get more information visit: https://www.kaplangenesis.com/




This post first appeared on Kaplan Genesis Dubai & CFA, CMA, FRM Courses, please read the originial post: here

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Study Plan and Tips to Crack CFA level 2 Examination

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