R02 help please
Andy_Schleider
Member
in CPD & Exams
I have my R02 exam at the end of July and was wondering whether anyone can recommend anything to help with my mental block on a few subjects, and whether places like Exam Angel/Wizard Learning are any good? I saw someone mention Exam Financial from a forum a few years ago but they appear to be no longer in existence. Alternatively, is there anything in particular I should focus on (eg top slicing on bonds/dividend cover on shares, etc)?
Any help, even at this late stage would be appreciated
Any help, even at this late stage would be appreciated
Comments
Focus wise, I remember lots of questions on portfolio theory and also needing to do quite a few of the basic formulaic calculations they give you, but it does vary from test to test so mine was stacked towards the first few chapters.
I used Wizard learning and seemed to be doing well with it but then the exam was completely different and I wasn't confident in my answers.
Try not to panic and good luck.
I recently passed R01 within a 3 month study period but if 2 months is realistic for the R02 I'd like to try that instead.
In terms of how long it took me to study, I honestly can't remember but it was nowhere near the 80 hours the CII recommended.
I always found that the best way to study for the RO exams (for me at least), was to do a practice paper straight away and see how I got on (usually a fail by a long long way).
Then I would read the full text book and do a practice paper again.
I would then check the areas that I answered incorrectly and re-read the relevant sections and then do another practice paper. I basically kept doing this until I was getting enough marks to pass the relevant paper. I also practiced the various calculations using random examples until I was happy that I could remember the formula and kept repeating the chapter questions on RevisionMate until I could answer them all correctly.
A final pointer would be not to rely too heavily on the CII RevisionMate practice paper for any RO exam as I always found that these were considerably easier than the actual exams.
R02 leads into R03 quite well as there is a fair bit on tax in the investment exam; I took R02 and R03 one after the other within 4 weeks and passed both first time (though barely passed R03 it must be said!)