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It is almost February end, and some candidates may be wondering how to optimize the rest of their study effort. Using an analogy from golf, think of Quant as the fairway because there are many LOSs which have a 10% weight on the exam for two sessions. Even though the fairway is defined clearly, there is less control over the ball. On the other hand, FSA has fewer LOSs and 28% weight with Corp Fin. This is like the short game where the golfer has a lot of control. While it is difficult to predict which LOS will be tested in Quant, FAS LOSs cannot be gamed in terms of probability. For the fairway, find your best irons - a 1 wood, a 3 wood and a 3 iron. In other words, know the basic concepts well. For FSA, practice every possible shot, i.e., know the LOSs well. It is the short game that wins golf, and the same is true of CFA Level 1. Any thoughts and comments welcome. |