Wednesday, June 26, 2013

CFA Level 2 Exam - Review

First post back after the rigors of the CFA Exam Level 2. A couple of notes

1. Can I just say how much I hate going out to HomeBush Bay to do the exam. Limited Coffee facilities, limited food options, limited beer options after the event. Please move it!!!

2. I had a shocker in the first exam...I blame it on the failure to make myself a coffee in the morning. Rookie mistake!! Found the second part a little more to my liking (which seems to be the reverse of alot of people on the CFA forums remarkably enough)

3. Generally speaking, I found the two exams quite difficult. I can't really discuss the exam (as it would break the CFA Candidate rules) but I found it tricky and was quite pushed for time for most of it. Harder than Level 1.

4. They say it takes an average of 300 hours preparation to pass the exam. I probably did a total of between 150-200 hours so it will be interesting to see what happens when the results are posted. D-Day is July 23rd (US time), which is around 2 AM on the 24th for those of us in the Antipodes. Still don't know if I will stay up.....(who am I kidding, I will be up!)

We shall see!!!!