Is Schweser going to be enough to pass level 2? I’ve heard a bunch of stories where people say that Schweser missed important topics on the exam. I’m in a time crunch currently managing full time work, 3 uni courses and L2, so I need to find a time efficient study plan.
My current plan is to study Schweser, then do blue box and eoc questions from CFAI. I’ve tried reading a little bit of the CFAI text but it’s taking me a very long time (only used Schweser for L1). I maybe have 2 hours to study on weekdays then 6-8 per day on weekends. From past experience will this be enough study time or should I not even bother?
I enjoyed reading CFA Institute’s books for CFA Level 2. Try reading a difference topic area. I recommend start with Financial Reporting and Equity. I guess you will enjoy reading and can take notes for review later.
I mixed both until now, Schweser and CFAI books. I have to say that CFAI books are more fun sometimes, mainly for most important readings. For the readings that are not main is better to use Schweser in order to save time. I’m doing that and is working.
I’m reading Schweser and doing the CFAI end-of-chapter questions. I figure I get the condensed material of Schweser and the questions from the people who write the exams.
My first attempt at Level II last year I used only Schweser and prepared as much as I could (I did the readings/review, tons of mock exams), I failed band 8. This year, I used only CFA Curriculum (no Schweser at all) and I passed Level II scoring over 70% on 8 of 10 topics. So, based on my experience, I would use only CFA Curriculum. It is longer to read (double the pages of Schweser), but you get peace of mind knowing that all exam questions will come from CFA Curriculum. For Level III I’m using only CFA Curriculum as well. I started studying for Level II last year on November 1 and finished on time with review and practice exams, but keep in mind it was my 2nd go at it, so the material was not foreign to me.
I would say if you’re going to use schweser use it along with the cfai books. Read a schweser reading then review the cfai reading to see where schweser was weak and didn’t cover things in enough depth. Based on what I’ve seen the past two years the conspiracy theorist in me says to figure out what LOS schweser doesn’t explain well and assume those will be on the exam as if cfai has their books and knows where they’re weak (probably not true but sure seemed that way at times)