Level 2 Quant - SS 11

By Jim on 9/21/2009 07:09:00 PM

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Began studying tonight after work, got about 2 hours in. I decided to begin with Quant, just because I heard it was a beast and I also assumed that reading Ethics at this point wouldn't be as beneficial considering I'll need to reread it plenty of times as I get closer to the exam.

I focused on SS3 and LOS 11 tonight which covered Correlation and Regression. I've seen much of this in the Quant Methods course I took during my MSF program so this was more of a refresher although the curriculum goes into more detail than we did in class. To show you how rusty I am from not studying in about 10 months, I forgot my calculator at home so I couldn't work thru any problems after I went thru the reading. Not too worried at this point, this is why I started early.

The quant SS's are identical to 2009 and you can verify that by going to this link. This is nice because I can use the Schweser 2009 material which I was lucky enough to obtain to review this material before the 2010 material comes out. I also happen to have the actual CFA textbook that the curriculum is based on which is what we used during the course.

I only made it thru LOS 11 and felt comfortable with the concepts, nothing made my head spin.

I highly recommend you use the BionicTurtle videos found on YouTube. It's one thing to read something and think you understand it, quite another to read it and then watch a video that crystallizes it in your brain. They cover a lot of the CFA material from L1 and L2. I used it throughout my L1 prep and it came in very handy during review time. He has a few on regression and correlation I recommend you watch.

I plan on reading thru the remaining 2 SS's and will try to get to some quizzing this weekend on Quant. Nothing too heavy at this point, just want to get some notes down and break off the rust. I don't have much to quiz myself with outside of the Schweser material and the CFAI questions at this point.

3 comments for this post

Hi Jim. I also started with Quant, did one reading (11) and got intensely bored, so I did two readings in Economics. I usually vow at the beginning to start with only one Topic Area and do them sequentially, but it never works. I read this and that and back to this...Anyway, happy reading.

Posted on September 30, 2009 1:52 AM  

Thanks for the link to the Bionic Turtle videos. I'm starting with Financial Reporting and Analysis, for no particular reason other than that's the book I grabbed first. Am feeling good about getting back on the study horse after having passed last December. Like you, I needed some time off and am now feeling refreshed and ready to go.

Posted on October 3, 2009 3:45 AM  

No worries bro, you'll get there. I haven't started yet. My original goal was to begin first week of November, but back in September I decided December 1st was more realistic.

I'm going to hit it hard beginning Dec 1st. 6 months of solid studying should get us to where we need to be by June.

Posted on November 11, 2009 7:45 PM