I failed Level 2 once, then I passed it last year. I wish someone had told me this before March. This is the single best piece of advice that anyone ever gave me about the Level 2 exam.
If you put the same amount of effort into Level 2 that you put into Level 1, then you are guaranteed to fail. Start earlier, study more often, and study longer hours.
Truer words were never spoken.
If you have a bachelor’s degree in finance, and you show Level 1 the respect it deserves, then you should be able to pass–even if you only study 100-150 hours.
Level 2, however, is a whole new level of understanding. I personally don’t think that 300 hours is enough. You should plan on 350-400.
That’s my opinion. As Obi-Wan might say, “You must do what you feel is right, of course.”
I lost my job in july last year. Decided that i will push myself to the limit , test what i can do . Maybe god has some better plans for me in future.
Did not give up after losing job in july. Enrolled for CFA L1 and started studying. By GODS grace got s job in october 2012.
Worked very hard for L1 and hopefully i will pass. Will study as much as i can for L2 .
Maybe this is GODs Order. The almighty wants this to happen…
One quote from my side which kept me going when i lost my job last year
When God leads you to the edge of the cliff, trust Him fully and let go. Only one of two things will happen: either He’ll catch you when you fall, or He’ll teach you how to fly!
i am trying to fly coz i know even if i cant god will catch me
It’s always very trustworthy if people that are supposed to make rational investments decision have an imaginary friend that tells that it won’t hurt to jump off a cliff…
