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GregYoureMyBoyBlue
Georgia Fan
Member since Apr 2011
2771 posts

CFA Level II Books/Prep Question

For those that have taken the exam, which of the books do you recommend? For level I, I used the CFA books but quickly found them to be long winded and inefficient. I'd appreciate any thoughts or concerns about study prep for arguably the hardest exam i'll ever take.

:nb4prepareyouranus:


Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3848 posts

re: CFA Level II Books/Prep Question
Schweser worked well for me for L1, so I'm going to use those again.


southernelite
McNeese State Fan
New Orleans
Member since Sep 2009
43487 posts

re: CFA Level II Books/Prep Question
quote:

Schweser worked well for me for L1, so I'm going to use those again.



how much were those for level one?

I just ordered the CFA Level 1 stuff.


Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3848 posts

re: CFA Level II Books/Prep Question
I think mine came out to 1500 but that included a class I attended as well. You could probably get the books for 6-700 or so I would guess, there are a ton of different options. Don't get the video lectures, do get the Qbank and the secret sauce.


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wegotdatwood
Member since Aug 2009
17094 posts

re: CFA Level II Books/Prep Question
So, y'all have done the series 7 and state exams? How were those?


Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3848 posts

re: CFA Level II Books/Prep Question
I've only done the 7, but didn't think it was too bad. There's a decent amount of material but nothing is conceptually difficult.


wegotdatwood
Member since Aug 2009
17094 posts

re: CFA Level II Books/Prep Question
What all can you do with the series 7 and state exams banking wise?



Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3848 posts

re: CFA Level II Books/Prep Question
LINK

You sure do ask a lot of questions


GregYoureMyBoyBlue
Georgia Fan
Member since Apr 2011
2771 posts

re: CFA Level II Books/Prep Question
Ya, i think i'll go with Schweser as well. Preciate the feedback


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wegotdatwood
Member since Aug 2009
17094 posts

re: CFA Level II Books/Prep Question
What's wrong with asking lots of questions?


Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3848 posts

re: CFA Level II Books/Prep Question
nothing. But a lot of this stuff is easily attainable by a quick google search.


GregYoureMyBoyBlue
Georgia Fan
Member since Apr 2011
2771 posts

re: CFA Level II Books/Prep Question
Just bought schweser and registered for exam. Preparing my anoos


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Mootsman
South Carolina Fan
Charlotte, NC
Member since Oct 2012
2675 posts

re: CFA Level II Books/Prep Question
Doesn't it cost about 1000 dollars to take each test?


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Mootsman
South Carolina Fan
Charlotte, NC
Member since Oct 2012
2675 posts

re: CFA Level II Books/Prep Question
Also is this true?

quote:

Before you can become a CFA charterholder, you must have four years of investment/financial career experience. To enroll in the program, you must hold a bachelor's degree.


Read that on Investopedia.


southernelite
McNeese State Fan
New Orleans
Member since Sep 2009
43487 posts

re: CFA Level II Books/Prep Question
quote:

Before you can become a CFA charterholder, you must have four years of investment/financial career experience. To enroll in the program, you must hold a bachelor's degree.



Yes. You have to be degree in process to take Level 1. Then for 2 & 3, you must have a degree. Your 4 yrs experience can come after you've taken all the tests, you don't need the experience to sit for the tests.

And yes, quite expensive, by the time I got my passport up to snuff and all, I'm around $1300-1400 for Level 1


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Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3848 posts

re: CFA Level II Books/Prep Question
Yes and yes.

I wouldn't worry about the 4 years though, very very few people pass all 3 exams on the first try and even if you did you would just have to wait a year to get your certificate. You could still tell potential employers that you had passed all exams and are fulfilling your work experience to be eligible for your charter.


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