Hi guys,
I am preparing for the upcoming June CFA Lv2 right now.I would like to register for the Nov FRM exam while I am still in the study mood. I was told there were lot of similar topics in CFA and FRM 1. Therefore, I am wondering if I should get over with FRM in one day. It might be tough for me to prepare for both FRM2 and CFA Lv3 next Spring.
About my background, I have a 2007 business degree with concentration in accounting (never interested in a professional accounting designation, ended up getting a CFP for work in 2008) ; I work with a major bank in business lending and some financial planning for entrepreneurs. I look forward to a career change with CFA and FRM. Because of my academic background, I was solely relying on Schweser for my CFA L1 and passed with all section >70% with under 50 hrs of studies. So far I've spent about 100 hrs on Schweser CFA L2 and I'm feeling fairly prepared. Usually, I am pretty good at studying by reading myself. Therefore, I felt Schweser notes worked perfectly for me. I do not like to go to lectures (even in univ) or watching videos, because I find I can read myself at a faster pace.
Based on my research, BT prep is better than Schweser for FRM. However, BT relies more on videos and has fairly condensed notes. I do not want to waste time and money on the official handbook and coursepack. I want to reply on the prep material exclusively. Will BT notes and question bank be sufficient, in terms of LOSs, difficulty & question variety? Or Schweser notes would be better for reading?
Thank you very much for your help!
J.
I am preparing for the upcoming June CFA Lv2 right now.I would like to register for the Nov FRM exam while I am still in the study mood. I was told there were lot of similar topics in CFA and FRM 1. Therefore, I am wondering if I should get over with FRM in one day. It might be tough for me to prepare for both FRM2 and CFA Lv3 next Spring.
About my background, I have a 2007 business degree with concentration in accounting (never interested in a professional accounting designation, ended up getting a CFP for work in 2008) ; I work with a major bank in business lending and some financial planning for entrepreneurs. I look forward to a career change with CFA and FRM. Because of my academic background, I was solely relying on Schweser for my CFA L1 and passed with all section >70% with under 50 hrs of studies. So far I've spent about 100 hrs on Schweser CFA L2 and I'm feeling fairly prepared. Usually, I am pretty good at studying by reading myself. Therefore, I felt Schweser notes worked perfectly for me. I do not like to go to lectures (even in univ) or watching videos, because I find I can read myself at a faster pace.
Based on my research, BT prep is better than Schweser for FRM. However, BT relies more on videos and has fairly condensed notes. I do not want to waste time and money on the official handbook and coursepack. I want to reply on the prep material exclusively. Will BT notes and question bank be sufficient, in terms of LOSs, difficulty & question variety? Or Schweser notes would be better for reading?
Thank you very much for your help!
J.