CFA | CFA Level 2 Curriculum Change 2013 - 2014

The CFAI keeps changing the curriculum at regular intervals to keep the material uptodate. Thats why it is such a coveted course and the people who clear the exams so well respected.

Here is the CFA curriculum change for 2013 - 2014 as found at the Elan Guides website.

Go to the link to get the CFA LOS change for 2013 - 2014 for level 1, level 2 and level 3.

http://www.elansguides.com/docs/Los-changes-2013-2014.pdf

Overconfidence Killed...Level 2

How I hate the regret letters sent by the CFA Institute by now! July 23rd came and went with no good news. Even though 43% candidates cleared the Level 2 - I was unfortunately not one of them.

I will tell you how they cleared the Level. they studied. Most probably for 300 hours if not more. How did I not clear. By not studying enough. Simple. Since I was in Band 9 last time, i was under the impression that if I just did the questions at the end of the CFAI book - it would suffice. So i put in a month of effort - started from the back of most topics - ie the questions and learned as i did the answers. In total 100 to 150 hours of effort.

The result of Level 2 - Score Band 6.

Ouch!

So now you have a complete report (even if a bit incomplete;) on how not to clear at the earliest.

My next post will be my daily debate on whether I should quit or try again.

I have just about got over the numbness of not clearing the level 2.

Ouch again!

CFA Level 2 in 40 Days

Right - I am back to a familiar place!

Just 40 days left and I havent finished even one reading.

So this is how it wll go from t0day. I have 20 Readings left [excluding 10 from Ethics - which makes it 30 Readings :-(...] and around 10 days before revision time starts.

Revision is non - negotiable from 1st May - since I havent even started on my EOCs.

So the schedule is 2 Readings a day till end of April. Revision and Ethics have to work simultaneously.

Topics Left
 

Corporate Finance (Readings 25.29) (SS - 8.9)
Alternative Investments (Readings 38-41) (SS - 13)
Fixed Income (Readings 42-47) (SS - 14.15)
Derivatives (Readings 48-53) (SS - 16.17)
Portfolio Management (Readings 54-56) (SS - 18)
and of course the most important of them all
Ethical and Professional Standards  (Readings 1.10) (SS - 1.2)

Whew! What have I been studying so far??? Seems all left for last minute prep!