When getting ready to take your test to become a certified financial analyst (CFA), you need to make sure that you cover all bases. Studying is a comprehensive process, and it is estimated that you need to study for at least 285 hours to be ready.
If you are getting ready to battle the CFA Level 2 question bank, there are a few ways that you can leave yourself better prepared.
Focus on Concepts
One of the keys to preparing for the CFA Level 2 question bank is focusing on the concepts rather than the math. Focus on the most relevant formulas and build a formula sheet that will highlight the most common-sense applications.
Learn how to derive anything extra that you might need to pass the exam. Get familiar with formulas that you need and those that you might want to skip or cover lightly heading into the test.
Prep Courses
One of the best ways you can prepare for the CFA Level 2 question bank is to invest in prep courses. Even if you are great at studying, it can be difficult to tackle on your own. For that reason, a prep course can be invaluable at setting you up with structure and showing you what it takes to be prepared to take the CFA exam. Think of it as an investment in your future because a prep course will do everything possible to prepare you.
