Hi puys ,
i would like to mention some things here friends that i have come across.As an aspirant for dec.09 i think time for curriculum is insufficient , but you would be amazed to know that if you start with it , scheweser would find a back seat.yes i mean it .
myth : Scweser is too vast.
For every topic there are too many helping examples , too many exhibits.etc.If a person is able to grasp the concept no need to read examples .
Also if you see the last 20% of material includes solutions to problems .
So i think curriculum is the best way to study.
Next comes learning.When a person wants to do CFA , he means L1,L2 and L3 . but if you read notes for L1 for me L2 would be almost a hurculean task difficult to crack in six months.ie june 10.
let me cite an examp.here :
if you read notes on equity i tell you its very casual.Even you wont know modus operendi of software systems.ie The lag between u put ur order through and execution of the order.May be one would argue as most of the ppl on pg say notes are sufficient and it wont be so much tough an exam it being L1 only . i think thats exactly why they find L2 a toughie.
Lastly it is not easy to stay with the material that you cant relate to real world when i came across probability in quant it was amazing , nothing to do with Cards, no dices nothing , its only how is it used in Portfolio management .Now if you see schweser notes they are obsessed with dice and cards etc.In sum Curri.sustains the interest of the reader if you wish to read for 2hrs you will end up atleast half hr more and not less.
This all is my personal opinion , might attract some or infuriate some.
I've myself not completed all study sessions.Just done with quant , economics , Half of equity and half of FSA , still too much of curriculum to finish but i love the curriculum way.
Thats all.thank all
