Studies show mnemonics increase exam results by at least 25%
A 25% increase can boost your score from 60% to 75%.
CFA Level 2: 60 Memory Tricks Cheatsheet
✔  CFA Level 2 is known to be the toughest and most technical one among the three levels
✔  Success in CFA exam requires as much memory power as intellectual.
✔  Supermonic not only shortens your study time but also improves your exam results.
✔  Step-by-step instructions for how to apply mnemonics to your study
✔  Over 60 proven tailored-made memory tricks for Level 2 using stories, visual aids, and acronyms
✔  Each memory trick is mnemonically called back to its topic to ensure no mental block in the exam
- Many candidates express the same feeling:Â "I understand the materials fairly well when going through all the readings, but I just can't remember them when it comes to the exam."Â
- Even if you are someone with poor memory or no previous Finance background, Supermonic will help you succeed in the upcoming exam.
Thousands are using SUPERMONIC to maximize their chance of CFA success
See what they have to say:
Heath A
Associate at major Investment Bank
"Supermonic has absolutely upgraded my study sessions. After reading my book and going over notes, Supermonic helps to bring it all together in ways I never thought! I wish more topics can be made into mnemonics."
Stanley Y.
"It is a lifesaver. The FRA session saved me."
Zhigao W.
Masters Degree student
"I felt much less overwhelmed with all of the material I was expected to know. I have the ability to use mnemonics whenever I have time and I can recall much more during the exam time."
Foden S.
Fund Management
Table of Contents
Introduction    6
Use of this book         6
What is the Mnemonic memory technique?     7
Chapter 1 – Quantitative Methods 9
1.1       The Degree of Correlation Coefficient        9
1.2       Regression Assumptions      10
1.3Â Â Â Â Â Â Â Problems in Regression Analysis (Summary Table)Â Â Â Â Â Â Â Â Â 11
1.4       Six Common Model Misspecifications         12
1.5       Treatment for Heteroskedasticity   13
1.6       Remedies for Heteroskedasticity     14
1.7       Breusch-Pagan Chi-Square Test Formula  15
1.8       Treatment for Autocorrelation        16
1.9       Durbin-Watson Decision Rule         17
1.10    Treatment for Multicollinearity       18
1.11    ANOVA Table 19
1.12    R-Squared Calculation          20
1.13    R-Squared as a Measure of Goodness of Fit           21
1.14    Adjusted R-Squared 22
1.15Â Â Â Â The standard error of estimate (SEE)Â Â Â Â Â Â Â Â 23
1.16    F-Test 24
Chapter 2 – Economics         25
2.1       Triangular Arbitrage            25
2.2       One-Third Rule         26
2.3       Preconditions for Growth Theory   26
2.4       Growth Cycle 27
2.5       FX Hedge        27
2.6       GDP – Output Method          28
2.7       Preconditions for Economic Growth           29
2.8       Types of Regulations            30
Chapter 3 – Financial Reporting and Analysis (FR&A)     31
3.1       Pension Liability or Expenses          31
3.2       Funded Status of a Pension Plan    32
3.3Â Â Â Â Â Â Â Accounting Treatment for Financial Securities (Passive Investments) under US GAAP and IFRSÂ Â Â Â Â Â 33
3.4       Summary Table of Accounting Treatments for Various Ownership Structure  35
3.5       Consolidation Methods         36
3.6       Accounting Adjustments – Manipulation of Management           37
3.7       Exchange Rate Usage Under the Temporal and Current Rate Methods            38
3.8       Cash Flow Hedge       40
3.9       Investment Policy Statement           41
3.10    Investment Constraints        42
Chapter 4 – Corporate Issuers        43
4.1       Purposes of Share Repurchases      43
4.2       Pre-offer Defense Mechanisms       44
4.3 Post-offer Defense Mechanisms      45
4.4Â Â Â Â Â Â Â Herfindahl-Hirschman Index (HHI Index)Â Â Â Â Â Â Â Â Â Â Â Â 46
4.5       Acquisition     47
4.6       Sustainable Growth Rate (g) / PRAT Model          48
4.7       H-Model         49
Chapter 5 – Fixed Income    50
5.1       Fixed Income Relationship   50
5.2       Leverage Ratio           51
5.3       Market Capitalization           52
5.4       Free Cash Flow of Operation           53
5.5       Bond Selling Price     54
Chapter 6 – Derivatives, Alternative Investments and Portfolio Management 55
6.1       Black-Scholes Assumptions  55
6.2       Put-Call Parity           55
6.3       Payer Swaption enter to pay Fixed-Rate     57
6.4       Delta Call        58
6.5       Delta Neutral Hedging          59
6.6       Six Impediments to the International Flow of Capital      60
Chapter 7 – Ethical and Professional Standards   61
7.1Â Â Â Â Â Â Â Research Objectivity Standards (General)Â 61
7.2Â Â Â Â Â Â Â Research Objectivity Standards (to Regulate Analysts)Â Â Â 62
7.3Â Â Â Â Â Â Â Research Objectivity Standards (to Regulate China Wall and Corporate)Â Â Â Â Â Â Â Â Â 63
7.4       Standard of Professional Conduct  64