Is anyone preparing for both parts for May 2014?

[frm_risk]

Since we are allowed to register to take for both parts/exams on the same day, I was wondering how many people here are actually preparing for both parts for May 2014. Anyone? What is the strategy you will be using? If you are using BT, their publishing calendar is now available. Are you incorporating that in your planning?

Having passed CFA Level 1 exam, I am not completely new to 'some' of this material. Hence, I am hoping that if I push myself a bit extra (which might be difficult considering a full-time job) I may be able to finish studying and pass both parts on the same day.

The main warning I have heard is that most people think they know a particular topic but FRM goes into much more detail and they don't prepare well for the FRM, going into the exam very confident but coming out feeling shocked and defeated.

Due to personal reasons, I would prefer not taking part 2 in November and don't want to wait until May 2015 for part 2. Actually, having the designation might increase my street cred by 5% (already work in the industry, so thinking of this as a feather in the cap) so getting it earlier will be helpful.

So, anyone else? What study strategies/study plans are you using?

 

[Lujiazui]

Hello,

Attempting a similar challenge as yourself ( working full time and tackling both exams).

I'm using a plan that I've read about on BT and a few other forums, a combination of Schweser books, BT (.pdf's and video's), and a large number of practice questions and tests. By February 8th, I should be done covering the Level 1 content and moving on to Level 2, while doing daily level 1 practice test to remain on the ball.

In addition, I've been slowing limiting myself to any non exam related content during non working hours. I've read that doing so helps, keep exam content and the goal top of mine. (David your feedback??) Therefore any video or extracurricular media I view or listen to is associated with the exam.

For the final month before for the exam, I'll do nothing but practice questions and new material.

So far, I've completed 90% of the first two sections of Level 1. However, I'm taking special care to cover the quantitative analysis section in detail, because I've read on BT not doing so is shooting yourself in the foot.

I'm also interested in reading what other strategies people are using, so please do share.

 

[frm_risk]

Thanks @Lujiazui ! It is nice to know that someone else is also in a similar situation. I haven't yet registered for Part 2 exams.

I am employing a similar strategy. I will try to finish all Part 1 material by Feb 16. By this, I mean the BT videos, BT notes (whatever will be available by then) and some part from the assigned reading books (I have John Hull book, Tuckman (older edition), Miller, Allen and Dowd in my library). I am planning to practice some problems but may not be able to finish it all by Feb 16.

That part is making me nervous. I just hope I get time to practice enough problems for Part 1 after Feb 16, along with new material for Part 2. I plan to finish all Part 2 readings (BT videos and BT notes) by Apr 18, leaving myself a month to revise all material for both parts (2 weeks for each part) and practice questions. That does not sound like a lot of time, but I hope I can finish it and pass both parts.

I am not as dedicated as you to not focus at all on non-exam related content during non-working hours, but hope that I can get into that mental state.

Any thoughts? Anyone else?

 

[381447]

Thanks @Lujiazui ! It is nice to know that someone else is also in a similar situation. I haven't yet registered for Part 2 exams.

I am employing a similar strategy. I will try to finish all Part 1 material by Feb 16. By this, I mean the BT videos, BT notes (whatever will be available by then) and some part from the assigned reading books (I have John Hull book, Tuckman (older edition), Miller, Allen and Dowd in my library). I am planning to practice some problems but may not be able to finish it all by Feb 16.

That part is making me nervous. I just hope I get time to practice enough problems for Part 1 after Feb 16, along with new material for Part 2. I plan to finish all Part 2 readings (BT videos and BT notes) by Apr 18, leaving myself a month to revise all material for both parts (2 weeks for each part) and practice questions. That does not sound like a lot of time, but I hope I can finish it and pass both parts.

I am not as dedicated as you to not focus at all on non-exam related content during non-working hours, but hope that I can get into that mental state.

Any thoughts? Anyone else?

Hi there - just wondering how did it go for both exams ?