Sample L2 Questions

By Jim on 7/31/2009 03:51:00 PM

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Directly from the institute.

Located here

One thing I've already realized with this item set format, it doesn't lend itself well to quizzing via computer. You almost need to have a printout of the questions so you can highlight key information and easily refer back to the wording when going thru the questions. This will be an interesting challenge compared to L1 where every question was its own beast. I expect to use a LOT of scrap paper during my prep on printouts of the questions.

Level 2 Books Just Arrived

By Jim on 7/31/2009 03:48:00 PM

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Wow they got here fast!

6 Volumes in total

  • Volume 1 is Ethics, Quant Analysis and Economics. SS 1-2 are for Ethics, 3 is Quant and 4 is Econ
  • Volume 2 is FSA. SS's 5-7
  • Volume 3 is Corp Finance SS8-9
  • Volume 4 is Equity and is the thickest volume from what I can tell. SS's 10-12
  • Volume 5 is Alternative Asset Valuation and Fixed Income. SS13 is Alt and SS14-15 are Fixed Income
  • Volume 6 is Derivatives and Portfolio Management. SS16-17 are derivatives and SS18 is Portfolio Management
Will definitely begin with Ethics in September and will skim thru it in August. I'd like to see what Stalla's L2 course recommends as a study schedule, the one I used for L1 worked out well for me.

The % weights are below. Ethics isn't as big as in L1, neither is FSA but it looks like Equity jumped up a lot. Good thing this is a strong area for me.

Topic Area Level II
Ethical and Professional Standards (total) 10
Quantitative Methods 5-10
Economics 5-10
Financial Reporting and Analysis 15-25
Corporate Finance 5-15
Investment Tools (total) 30-60
Equity Investments 20-30
Fixed Income 5-15
Derivatives 5-15
Alternative Investments 5-15
Asset Classes (total) 35-75
Portfolio Management and Wealth Planning (total) 5-15


Level 2 Curriculum on Its Way

By Jim on 7/29/2009 08:47:00 PM

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Order Information:

Description:2010 Level II CFA Program Quantity: 1

           Curriculum

Date Shipped: 07/29/09


Will probably get within next week, will begin setting up outline for study soon after.


Level 2 Here I Come!!!

By Jim on 7/28/2009 11:09:00 AM

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I just registered for Level 2 in 2010. $620 dollars with the discount.

I plan on starting prep as soon as the books arrive, I don't know when Stalla/Schweser will have their courses ready but I expect to enroll in one of them.

I will of course be updating the site more regularly as I go thru the studies. I fully expect Level 2 to be a beast because of the high passing rate this year.

Results are in...

By Jim on 7/28/2009 09:28:00 AM

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Looks like the passing rate was 46%. That's high, and I'm betting the 3 answers made the difference.

If you're taking it in Dec of this year, watch out, CFAI may not want passing rates this high and may either make the test harder or raise the MPS(minimum passing score).

Let me know how you did. Keep in mind the URL change coming soon.

SIte moving to new URL

By Jim on 7/23/2009 09:57:00 PM

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Please bookmark www.passanalystexams.com

Due to a copyright issue raised by the CFA Institute I must move this site to a different domain. This should occur over the next week. I will have to vacate this domain so this URL will eventually be non-functional.

I hope everyone is doing well. Results from the June exam should be in shortly and I will be starting my Level 2 preparation in September.