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- Topic: If you are using Schweser - be careful!!
| Author | Topic: If you are using Schweser - be careful!! |
|---|---|
| dognobbler @2003-10-09 07:36:51 |
Some posters (in another forum) raised an interesting point recently - that Schweser notes cover topics selectively, based on their "beliefs" about what is important and what is not. Sometimes they are right, and sometimes they are not.
This year I failed Level I and I was using Schweser notes and supplemented it sometimes with Stalla notes. Both sets of notes were inadequate, but Schweser was the worst! They didn't even come close to what was offered on the real exam. I felt cheated, but after I checked the books at the library it turned out that some concepts on fixed income and derivatives were explained in a different way. This is very sad. I wasted a YEAR of my time and the results were horrible. The worst part was when I had to tell my employer that I failed the exam. This year I am using the textbooks prescribed by AIMR combined with CFACenter's notes - don't want to check if Schweser improved the notes this year. Judging by the consumer feedback posted in another forum - I was not the only one who had these problems with Schweser. These guys are playing the odds with their 'most important list' when our life is at stake! My advice to all of you guys - if you don't want to be in my position - do not rely on Schweser - at least have the textbooks in your possession so that you can find out what topics were omitted in the notes and decide for yourself what is important and what is not. |
| phatcher @2004-10-21 08:17:13 |
Two years ago my friend gave me a copy of Schweser notes and a complete set of questions. Unfortunately I blew it on my first try. I don't know maybe it was the notes or maybe it's just me, but I studied very hard. This year I used cfacenter's notes and passed with 8 out of 10 >75%.
my 2 c |
| Jamie @2004-12-08 13:46:02 |
refunds? You dream it. There are tons of errors in Schweser notes and questions, and you wouldn't believe how many we found while doing QM questions alone!! |
| esoteric @2005-01-27 11:27:16 |
Using Schweser Online right now for CFA and I have to say that it was a big waste of 350 bucks or however much it was. The layout is horrible, hard to find out where you left off and there are some pages with answers but not questions.. not sure how LII would compare though. |
| tolu @2006-06-27 09:22:26 |
I do a lot of writting at my current job. Have you tried summarising a 50 page document? you will surely miss out some point. Schweser should be seen as what it is - a summary. it is very handy for those that start studying late. Better to miss out a few points here and there than to finish studying a course and not having enought time to do the other course justice. The challenge is for those of you better at summarising to write their own study notes. |
| areej @2006-10-14 05:41:33 |
All of you ppl who wine abt not passing the exam..it's not because of the notes..maybe u should rethink for a second and possibly come to the conclusion that it's you that doesn't have the mental capability to pass this exam..so quit wining |
| thinkB @2008-02-17 17:26:58 |
For Level I, I used this site in addition to Schweser notes and was definetely worth it. I believe schweser mock exams are not tough enough although boosted my confidence. |
| sevaa1 @2008-04-04 15:11:59 |
Frankal101, I am employing the same strategy: using schweser notes for notes only and this site for questions. Having taken the exam, which questions did you find most useful: Exam or basic? I am taking the exam in June. Thanks in advance. |
| saifraslan @2008-08-15 17:57:30 |
so frankal what do u recommend for notes .. this site or ther schweser notes ? thanks ? |
| tanja @2008-09-10 09:12:09 |
Schwesser notes were just ok for level I (June 2006), but I failed level II (june 2007) thanks to my belilef that they successfully covered all the topics. From this point of view I find the notes for derivatives and portfolio management were incomplete. |
| loks @2008-10-26 00:56:13 |
guys, it's my first time in this site and i love your thoughts and discussion..i was anxious about getting schweser despite having complete set of notes from the institute coz im overwhelmed by it's size..now i have a second thought..thanks.. |
| shawqc @2008-11-11 07:53:29 |
I failed my first try and I have learnt few things. 1) DONT relied solely on the CFA readings or SCHWESER or STALLA or even this site. Important is you need to read readings and You need practice questions & exams. I found this website only a week before that exam. I wished I had found this website much earlier. 2) My friend gave me the Schweser complete package when i'm on my second trial. Schweser is more like a supplementary-organized notes. I relied on this for memorization especially on Fin. Stmt Analysis section. You DEFINITELY need to do the readings thoroughly. 3) Tips for level 1; you need to be able to answer at the snap of the finger. During practice you must answer questions quickly (and correctly) as the real exam often combined 2 or 3 practice questions into one question in the real exam. Otherwise, you'll find yourself running out of time.... |
| sha09 @2011-01-05 14:58:02 |
where can i get FREE AIMR textbooks and AnalystNotes' notes? |
| TypePeque @2012-01-02 20:55:39 |
Hi person! I study the forums instead of a extended one of these days, but finally I get a legitimate reason to register and bring to light hello. In time I command try to tell of their experiences and pirate others forumowiczom. First-rate regards |
| Silentdud @2012-01-03 02:44:52 |
I would say that my problem with Schweser is just the opposite. As someone who is doing the readings and takings notes, Schweser looks about what my notes would look like except wordy and useless. Analyst notes are concise and to the point. If you are going to waste your time reading schweser, just skim the cfa cirriculum and slow down when necessary. |
| kalpna @2012-01-20 15:41:13 |
can anybody tell me what is AIMR? |
