AuthorTopic: Should I register for level 2 or wait for another year?
vinit1987
@2019-12-17 12:03:44
Hey all!

This last Saturday I sat for Level I and I'm trying to decide whether or not to take 3 weeks off before start studying for Level II or wait for June 2021.

I know this can be a recurring thread, but I would like to know your thoughts of this. My one concern for this is that I don't want to burnout. For Level I, I started with around ~15 hours a week for the first 1-2 months. Then I ramped up to 20-25 hours per week for the last 3 months.

I studied most of the time with AnalystNotes, and some more challenging readings (Derivatives, Fixed Income, PM) with the CFAI textbooks. I think my one major problem was that I took extensive notes for every reading (that I didn't review either) and I realized of this mistake at the end, at the beginning of October.

So my questions are:

Should I go and start studying (after a break) for Level II or wait until June 2021?

If so, what strategy should I have for Level II? How different is compared with Level I?

Any recommendations of prep providers for Level II? I really liked MM for Economics (I didn't have any Macro in my undergrad, so I picked him because I had only 2 weeks to study Economics).

Should you have any other advice, feel free to comment please!

Thanks in advance!

P.S.: Please consider that my native language is Spanish.
renmo92
@2019-12-25 22:19:11
Don't wait. You need to begin preparing for L2 immediately. L2 isn't even comparable to L1 - believe you me. Skip ethics and start by reading quant, and then equity. That way if you must repeat level 1 you didn't completely waste your time on topics that won't strengthen your understanding of topics that appear in level 1.
mohit007
@2020-01-28 21:57:53
Without knowing more of what might be going on in your life, my knee jerk response is that you should attempt Level 2 in June 2020. Why do next year (2021) what you could do this year (2020)?

CFA Discussion Topic: Should I register for level 2 or wait for another year?

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
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Barnes