So many videos on UA-cam about CFA, but this one is right on point. No beating around the bush, no fillers.. Helpful video. Can you make a video on 3rd party material as well please 👍
I passed 1 and 2 first time, haven’t attempted 3 yet. In my mind I had built up Level 2 as the biggest challenge, so once I passed it I’m really struggling to summon the motivation to sign up for level 3. It’s been over 2 years since I passed level 2, and over 4 years since level 1!
You might regret or just the opposite depending on this new grading policy. Recent Level 1 pass rates for 2021 are less than 25%. If a similar rate adjustment occurs with Level III, Houston we have a problem. )
sorry to be off topic but does anyone know a trick to get back into an instagram account? I was dumb forgot the login password. I would appreciate any tricks you can offer me
You said if someone is completly clueless, they should pick a letter and give them 33% percent change and not go random between a, b or c because that will decrease chances under 33%. With all the respect, I think it's wrong because all 3 letters have the same probability of occuring
How I cannot pass level 3 for four times ? （I also got level 1 and 2 on first attempt, but every exam results goes wrong on the highest 3 level exam ) I study harder than most students and many so called correct answers are incorrect, just as GMAT how can you get wrong on every 30%-40% questions in exactly same way. I just attended CFA level 3 forth time again in December. One question on number of future contracts is overly easy with many variables are exactly “1”. I feel My performance is top level on the second attempt, however the level 3 exam results are always wrong for me. Just as GMAT exam results are always unbelievable. I am not guilty of anything, I feel there are invisible hands manipulating everything. It seems the world should hurt me reject me in endless way, I suffered too much in what human believed fair world. I am not guilty for such endless harming, but how should I change my subject again and again for such old age. When I as civilians who has nothing, I believed the world will allow the most diligent learner win upper level position through exams, until I got lower and lower score on GMAT exam and CFA level for over ridiculous 10 times, until I found many correct answers are in correct and many questions are not try to test on hardest part but to play tricks. Who can see whose level is higher ? Who are unreasonably always under qualified or who are collaborating cheaters ?
Hi there! I hope you are doing well. Could you please make a video on how you left the finance field behind for Edtech and what's your future plans and goals. Thanks
Thank you. I personally used Kaplan Schweser Notes. But meanwhile, there are many good alternatives in the market. You can check the CFA Website that lists approved third party exam prep providers. Some of them also produce reading materials. www.cfainstitute.org/en/programs/cfa/prep-providers
What you prefer for CFA level 1 candidate's review? Do you prefer only CFA Curriculum practice problem or you prefer CFA candidate resources? In candidate resources extra 1000 questions
Personally I think practicing questions is a good way to prep for the exams, so extra questions seem to be valuable. But that is individual from candidate to candidate.
Let's assume the right answers are evenly distributed between A, B, and C, so 33% for each. If you choose to stick with B always, your chance to hit the right answer is 33%. Let's say you choose to circle A 50% of the time and B 50% of the time, your chance reduces to 50% * 33% = 16.5% to hit the right answer. If you choose to circle A, B and C each 33% of the time, your chance reduces to 33% * 33% = 11% to hit the right answer.
HI Lin, My background is Engineering and this is something I aspire to. I understand from the comments you used Kaplan Schweser Notes for your prep. Are there any additional resources that you could please recommend for fundamental concepts? Many thanks for such a great video.
Hi Usman, sorry for my late reply. I don't check my UA-cam often. I have a LinkedIn post that might help with your question: www.linkedin.com/posts/lynnrl_cfatipsandtricks-cfaprogram-cfaexams-activity-6836145179146117120-Ay5w Feel free to follow me on LinkedIn, I'm more active there than here. Best of luck and success to you!
Unrelated to CFA, I suppose? Spontaneously, these come to my mind: The Black Swan - Nicholas Taleb The Big Short - Michael Lewis Freakonomics - Steven J. Dubner and Steven Levitt Start With Why - Simon Sinek Leaders Eat Last - Simon Sinek Why Nations Fail - Daron Acemoglu and James A. Robinson Rich Dad, Poor Dad - Robert Kiyosaki Nothing to Envy - Barbara Demick The Power of Habit - Charles Duhigg
Dear Lynn, Would you recommend for me which of the followings to study for my CFA L2: 1- Kaplan Schweser Essential Package. 2- Wiley Self-Study Package. 3- Mark Meldrum. I have heard about Mark Meldrum that he has Ph.D in Finance and go through the whole curriculum Los by Los and end of chapter questions. However, Mark Meldrum does not have CFA. Please help me out with this matter. P.S.: - I can’t afford to buy the premium packages. - I still did not get my CFA 1 exam results and I want to invest in my time with starting to prepare for CFA 2 from now and take the CFA 2 exam in February 2022
I can't really make any recommendations because I myself only used Kaplan Schweser Notes. But have a look at my post about prep materials here: www.linkedin.com/posts/lynnrl_cfatipsandtricks-cfaprogram-cfaexams-activity-6836145179146117120-Ay5w
I am an Indian level 1 student, please make a video on what should we choose between December 2020 or Feb 21 attempt for CFA level 1. Most of my friends are confused. :(
3 Steps to Millionaire Okay Ma’am so I want to know I am from Engineering background, I have started preparing for CFA L1, I am confused that if I give exam in Feb 2021 for L1, will I be able to prepare for Level 2 in August 2021 (in 5 months time)??
That depends on how much time you can dedicate to studying besides your normal life. Kaplan Schweser reports that on average, L1 candidates study 303 hours in total, L2 candidates 328 hours. I personally also found L2 a little more challenging than L1, as the vignettes allow for more complex questions. So if you have 5 months to study for L2, 328/5=65.6 hours per month, calculated with 30 days per month, it means you have to be able to dedicate 2.19 hours per day to study. Of course, these are average numbers, so in the end, it can vary from candidate to candidate.
3 Steps to Millionaire yeah right ma’am. Thanks alot!! Yes I can give 4hrs a day as well..one more thing, what if I study 1-2 subjects in detail before level 1 itself? It will help me to decrease the work load on those 5 months. Because here I have time. Which subjects should I go for??
If you have the time, definitely do it. I always recommend to get a really good grip on Ethical and Professional Standards, which has significant weight on any level. If you score high in this subject, even if your score is average in the other subjects, chances are higher that you still pass. Also, on L2, I found Financial Reporting and Analysis was heavily emphasized, but also other subjects that allow for rather complex calculations such as Equity, Fixed Income, Derivatives. Possibly that's because vignettes allow for more comprehensive case studies.
I was in derivatives and structured products business for many years, then in financial technology. I just left the financial industry for a more purpose driven mission in edtech /online learning now. Feel free to follow me on LinkedIn. www.linkedin.com/in/lynnrl
I think this advice will be very helpful in my studies, thanks! The only advice I don’t think I’ll be able to apply is marking the relevant sections in the level 2 vignettes, since the test is no longer paper based ☹️
Hi Lynn, thank you so much for your videos - they are awesome! My question is: Can you recommend any entry-level jobs, which are useful to work at, while I am preparing for Level 1? Right now I am working as a freelancer in performance marketing but I am so interested in the finance field, that I want to do the CFA besides my current role. In addition to that, I would love to gain more practical experience.
Hey there. Sorry I missed that. If you're not an experienced hire, one strategy is to apply to different positions that appeal to you. Some employers might consider taking career switchers. I truly admire your passion, keep up that spirit and you'll be successful!
Thanks a lot for precious video for me! As I’m upcoming May 21 candidates but still not complete all readings :( So could you pls suggest the right approach if i still have economic, derivative and portfolio management left, should i skip reading content and do the mock exam instead? 🙏🏻
Which level are you taking? Anyway, you still have a month to go so don't panic. Follow through the strategy that you've taken so far and you feel works best for you. The bottom-up approach works well for topics that you already have a fairly good understanding of, but if you are unfamiliar with a topic, you might want to do some of the basic reading first before going into the mock exams.
Hi Mam First of all nice video. I am confused about what cfa materials should I use. Should I use the cfa own material or the third party material like Wiley, Kaplan etc. or should I use both materials. But even I use both materials how do I manage it what material to focus more? Please let me know this proper answer
I personally used Kaplan Schweser Notes. But meanwhile, there are many good alternatives in the market. You can check the CFA Website that lists approved third party exam prep providers. Some of them also produce reading materials. www.cfainstitute.org/en/programs/cfa/prep-providers
Is the actual exam close to the mock exam? (approximately percentage in your opinion for level1) And for prepare CBT level 1 practice the problem (in CFA Cirriculum) or practice Mock or both Thank you
Feel free to compare the cost to an MBA here: ua-cam.com/video/YDY7Bb0PppY/v-deo.html It is imperative that the CFA Instutite maintains the integrity of the pass/fail standards, ensuring that they remain uncompromised and not influenced by associated costs. This approach is crucial for upholding the quality and reliability of their assessments or products/services.
Great video. thanks. Pls, i need your professional opinion. what's your view about obtaining the IMC CFA UK qualification for roles in investment banking/coporate finance/asset management to build some exposure and go for the CFA qualification. i am 38, bachelors in economics with 9 years plus experience in retail/branch op with a DMB from my home country. i now live in the UK
The IMC seems to be a CFA UK chapter specific certificate. I do not have any experience with it, but tbh I have also never heard of it. Therefore, you might want to check how prominently it is being valued by the finance community in the UK.
Hi. For the mocks since you read through all of them before studying. How did you measure your performance of how well you're retaining the material. Did you reattempt the mocks in a simulated exam setting at the end of it. Or used the mocks as a study guide throughout?
schweser mocks are useful and generally harder than the actual at least for l1 l2. aim for a consistent 70%, be honest no hindsight bias when grading yourself
Atharva is right, the 70% is only a benchmark reference. The effective pass score depends on several factors including how well the entire population of exam takers did.
Thanks a lot for your video. I'm more interested in level 3 tips but that part was rather short :) You mentioned your learning method for both level 1 and level 2 (bottom up approach). What about level 3?
Hi Naval, A large share of level 3 is Portfolio Management and Wealth Planning. Most professionals who work in that field felt this is the easiest exam because they could draw on their practical experience. Therefore, in addition to what I mention in the video, I'd recommend you to get in touch with professionals in the field and talk to them how they apply theoretical concepts on a day-to-day basis. Ask fund managers e.g. how they manage risk and how they implement metrics. Talk to wealth planners on how they go about analyzing their clients' situation and construct portfolios. IMO this will give you a lot of insight that you cannot get from books or prep courses, which will help you to successfully formulate your answers to the essay questions. Good luck with your exam!
I took the level 2 exam failed with very close margin in both once in 2019 and in 2021 may, i can honestly say its getting harder as my score for 2021 is much higher overall than 2019 and i was much better prepared, i really wonder what i could have done to push me through that 1 or 2 % ( by the scale, i think i am at most2 % away from passing both time)
![How I Passed the CFA Level 1 Exam [+95th Percentile Scorer?]](http://i.ytimg.com/vi/DhXMBF2b5go/mqdefault.jpg)
![How I Passed the CFA Level 1 Exam [+95th Percentile Scorer?]](/img/tr.png)
![How I Passed the CFA Level 1 Exam [Top 10% Scorer]](http://i.ytimg.com/vi/2YMc7W8c-ls/mqdefault.jpg)
So many videos on UA-cam about CFA, but this one is right on point. No beating around the bush, no fillers.. Helpful video. Can you make a video on 3rd party material as well please 👍
Thank you for the feedback, much appreciated.
I got through my school and even graduation in math using this approach…thanks. Looking forward to use it for CFA.
Level 1 is NOT about speed. It's about memory recall!
Both Usman. You can recall all your memory, if you do not manage your time, you'll still struggle to pass.
Long time no see Lynn from my wedding in XM. What a great surprise to find you here🤗
I passed 1 and 2 first time, haven’t attempted 3 yet. In my mind I had built up Level 2 as the biggest challenge, so once I passed it I’m really struggling to summon the motivation to sign up for level 3. It’s been over 2 years since I passed level 2, and over 4 years since level 1!
You might regret or just the opposite depending on this new grading policy. Recent Level 1 pass rates for 2021 are less than 25%. If a similar rate adjustment occurs with Level III, Houston we have a problem. )
@@PerryCuda hopefully by the time I take it they will have over corrected and it’ll be a 75% pass rate
@@pejpm I sure hope so too. I think it's just a frontloading or bottleneck issue caused by Level I, that Level II and III will go unaffected.
sorry to be off topic but does anyone know a trick to get back into an instagram account?
I was dumb forgot the login password. I would appreciate any tricks you can offer me
🤣 me too. Level 2 is kind of enough to get 90% of the job. I don’t think I have motivation to do level 3 too
I'm not have a passion about CFA I don't know what i doing ao what can i do to have a passion
You said if someone is completly clueless, they should pick a letter and give them 33% percent change and not go random between a, b or c because that will decrease chances under 33%. With all the respect, I think it's wrong because all 3 letters have the same probability of occuring
Think again.
How I cannot pass level 3 for four times ? （I also got level 1 and 2 on first attempt, but every exam results goes wrong on the highest 3 level exam ) I study harder than most students and many so called correct answers are incorrect, just as GMAT how can you get wrong on every 30%-40% questions in exactly same way. I just attended CFA level 3 forth time again in December. One question on number of future contracts is overly easy with many variables are exactly “1”. I feel My performance is top level on the second attempt, however the level 3 exam results are always wrong for me. Just as GMAT exam results are always unbelievable. I am not guilty of anything, I feel there are invisible hands manipulating everything. It seems the world should hurt me reject me in endless way, I suffered too much in what human believed fair world. I am not guilty for such endless harming, but how should I change my subject again and again for such old age. When I as civilians who has nothing, I believed the world will allow the most diligent learner win upper level position through exams, until I got lower and lower score on GMAT exam and CFA level for over ridiculous 10 times, until I found many correct answers are in correct and many questions are not try to test on hardest part but to play tricks. Who can see whose level is higher ? Who are unreasonably always under qualified or who are collaborating cheaters ?
Hi there! I hope you are doing well. Could you please make a video on how you left the finance field behind for Edtech and what's your future plans and goals. Thanks
Hi there! Thank you for the suggestion, I just did 😊
Check it out on my channel
ua-cam.com/video/PcY_wxwts80/v-deo.html
@@cfatipsandtricks What sounds harder to your "ears"? 1. Certified Public Accountant or 2. Masters Degree in Statistics?
Damn… Such solid advice. Thank you
Thank you.
You're welcome!
Ma’am you were great!! It was very helpful.
Glad it was helpful!
I am taking exam in May, I am so glad see this video, thank you so much!!
Good luck for the exam Leon
Yo bro are u in university rn ? Or whats ur story
@@mustafaezzo3278 Nah, I work full time, want to change my career. Graduated 6yrs ago.
@@leonyin83 how old are you
@@leonyin83 and what did u graduate
This was very informative! Thank you
Very helpful video. Thank You.
Some great tips here!
Glad it was helpful!
Before i have more passion and i was study CFA self study i love financial markets, Financial Analysis but now not have any passion so what can i do?
You can't force passion. If it's not financial markets try something else.
I would like o know if you prepare candidates for CFA level 1 Thanks
Hello. Great videos. Please can you share the reading materials you used for your exams?
Thank you. I personally used Kaplan Schweser Notes. But meanwhile, there are many good alternatives in the market. You can check the CFA Website that lists approved third party exam prep providers. Some of them also produce reading materials. www.cfainstitute.org/en/programs/cfa/prep-providers
What you prefer for CFA level 1 candidate's review?
Do you prefer only CFA Curriculum practice problem or you prefer CFA candidate resources? In candidate resources extra 1000 questions
Personally I think practicing questions is a good way to prep for the exams, so extra questions seem to be valuable. But that is individual from candidate to candidate.
For level 1 going to physical class / offline class is important ?
Hi i am Level 3 Candidate
Please make a video about what you think of exams happening in Dec 2020
so that it can help us to prioritize our things !!
Hyy sir
@@JatinSharma-fh6rm I am not sir lucky 😅
Sorry
Bhai
Can I ask you one thing
Can someone explain why jumping between A,B and C reduce the 33% chance?
Let's assume the right answers are evenly distributed between A, B, and C, so 33% for each.
If you choose to stick with B always, your chance to hit the right answer is 33%.
Let's say you choose to circle A 50% of the time and B 50% of the time, your chance reduces to 50% * 33% = 16.5% to hit the right answer.
If you choose to circle A, B and C each 33% of the time, your chance reduces to 33% * 33% = 11% to hit the right answer.
@@cfatipsandtricks This doesn't seem right
HI Lin, My background is Engineering and this is something I aspire to. I understand from the comments you used Kaplan Schweser Notes for your prep. Are there any additional resources that you could please recommend for fundamental concepts?
Many thanks for such a great video.
Hi Usman, sorry for my late reply. I don't check my UA-cam often.
I have a LinkedIn post that might help with your question:
www.linkedin.com/posts/lynnrl_cfatipsandtricks-cfaprogram-cfaexams-activity-6836145179146117120-Ay5w
Feel free to follow me on LinkedIn, I'm more active there than here.
Best of luck and success to you!
You can check the CFA curriculum which explain all the basic concepts
Thank you very much.
My pleasure.
Hi Lynn! What are some of your favorite books?
Unrelated to CFA, I suppose? Spontaneously, these come to my mind:
The Black Swan - Nicholas Taleb
The Big Short - Michael Lewis
Freakonomics - Steven J. Dubner and Steven Levitt
Start With Why - Simon Sinek
Leaders Eat Last - Simon Sinek
Why Nations Fail - Daron Acemoglu and James A. Robinson
Rich Dad, Poor Dad - Robert Kiyosaki
Nothing to Envy - Barbara Demick
The Power of Habit - Charles Duhigg
@@cfatipsandtricks excellent list thank you very much!
This is gold! Thank you!
Glad you enjoyed it!
Must recommended video for all CFA Aspirants. Great work
Thank you Faisal.
Dear Lynn,
Would you recommend for me which of the followings to study for my CFA L2:
1- Kaplan Schweser Essential Package.
2- Wiley Self-Study Package.
3- Mark Meldrum.
I have heard about Mark Meldrum that he has Ph.D in Finance and go through the whole curriculum Los by Los and end of chapter questions. However, Mark Meldrum does not have CFA.
Please help me out with this matter.
P.S.:
- I can’t afford to buy the premium packages.
- I still did not get my CFA 1 exam results and I want to invest in my time with starting to prepare for CFA 2 from now and take the CFA 2 exam in February 2022
I can't really make any recommendations because I myself only used Kaplan Schweser Notes. But have a look at my post about prep materials here:
www.linkedin.com/posts/lynnrl_cfatipsandtricks-cfaprogram-cfaexams-activity-6836145179146117120-Ay5w
what are job prospects after L2 ? i have only accounts experience from karachi. will i get entry level job ?
Hassan , level 2 is near 😆✌️
Very good!
Thank you, glad you enjoyed it.
I am an Indian level 1 student, please make a video on what should we choose between December 2020 or Feb 21 attempt for CFA level 1. Most of my friends are confused. :(
Thank you for the feedback, what is confusing you exactly?
3 Steps to Millionaire Okay Ma’am so I want to know I am from Engineering background, I have started preparing for CFA L1, I am confused that if I give exam in Feb 2021 for L1, will I be able to prepare for Level 2 in August 2021 (in 5 months time)??
That depends on how much time you can dedicate to studying besides your normal life.
Kaplan Schweser reports that on average, L1 candidates study 303 hours in total, L2 candidates 328 hours. I personally also found L2 a little more challenging than L1, as the vignettes allow for more complex questions.
So if you have 5 months to study for L2, 328/5=65.6 hours per month, calculated with 30 days per month, it means you have to be able to dedicate 2.19 hours per day to study. Of course, these are average numbers, so in the end, it can vary from candidate to candidate.
3 Steps to Millionaire yeah right ma’am. Thanks alot!! Yes I can give 4hrs a day as well..one more thing, what if I study 1-2 subjects in detail before level 1 itself? It will help me to decrease the work load on those 5 months. Because here I have time. Which subjects should I go for??
If you have the time, definitely do it. I always recommend to get a really good grip on Ethical and Professional Standards, which has significant weight on any level. If you score high in this subject, even if your score is average in the other subjects, chances are higher that you still pass.
Also, on L2, I found Financial Reporting and Analysis was heavily emphasized, but also other subjects that allow for rather complex calculations such as Equity, Fixed Income, Derivatives. Possibly that's because vignettes allow for more comprehensive case studies.
If you don't mind me asking, what role does your current job entail, after getting the Charter?
I was in derivatives and structured products business for many years, then in financial technology.
I just left the financial industry for a more purpose driven mission in edtech /online learning now.
Feel free to follow me on LinkedIn. www.linkedin.com/in/lynnrl
@@cfatipsandtricks made your fortune and going after your passion, I guess
Does CFA helps for public sector jobs like world Bank group, UNO , Unicef , etc. Also ?
They would likely not see it as a requirement but could be a plus.
I think this advice will be very helpful in my studies, thanks! The only advice I don’t think I’ll be able to apply is marking the relevant sections in the level 2 vignettes, since the test is no longer paper based ☹️
Hey! When are u attempting the cfa exam in 2021?
Thank you for helping out here!
You can annotate text on the computer.
Hi Lynn, thank you so much for your videos - they are awesome! My question is: Can you recommend any entry-level jobs, which are useful to work at, while I am preparing for Level 1? Right now I am working as a freelancer in performance marketing but I am so interested in the finance field, that I want to do the CFA besides my current role. In addition to that, I would love to gain more practical experience.
Hey there. Sorry I missed that. If you're not an experienced hire, one strategy is to apply to different positions that appeal to you. Some employers might consider taking career switchers.
I truly admire your passion, keep up that spirit and you'll be successful!
is CPA and CFA a good combo?
CFA +FRM is deadly combo.CPA alone is ok
Thanks a lot for precious video for me! As I’m upcoming May 21 candidates but still not complete all readings :( So could you pls suggest the right approach if i still have economic, derivative and portfolio management left, should i skip reading content and do the mock exam instead? 🙏🏻
Which level are you taking? Anyway, you still have a month to go so don't panic. Follow through the strategy that you've taken so far and you feel works best for you.
The bottom-up approach works well for topics that you already have a fairly good understanding of, but if you are unfamiliar with a topic, you might want to do some of the basic reading first before going into the mock exams.
Great video Lynn!!
Thanks so much!
Great video!!!!!
Thank you
Hi Mam First of all nice video. I am confused about what cfa materials should I use. Should I use the cfa own material or the third party material like Wiley, Kaplan etc. or should I use both materials. But even I use both materials how do I manage it what material to focus more? Please let me know this proper answer
schweser for lvl 1, curriculum for l2 l3. time management is key to passing because panicking will be a huge psychological factor.
I personally used Kaplan Schweser Notes. But meanwhile, there are many good alternatives in the market. You can check the CFA Website that lists approved third party exam prep providers. Some of them also produce reading materials. www.cfainstitute.org/en/programs/cfa/prep-providers
Check out my post about prep materials here: www.linkedin.com/posts/lynnrl_cfatipsandtricks-cfaprogram-cfaexams-activity-6836145179146117120-Ay5w
Hello, can you do a video about different prep providers? Also can you tell us what prep provider did u use if any? Thank you so much
Thanks for following - I'm taking a bit of a break from video production at the moment but am happy to take this up once I get to it.
Check out this post: www.linkedin.com/posts/lynnrl_cfatipsandtricks-cfaprogram-cfaexams-activity-6836145179146117120-Ay5w
Is the actual exam close to the mock exam? (approximately percentage in your opinion for level1)
And for prepare CBT level 1 practice the problem (in CFA Cirriculum) or practice Mock or both
Thank you
I found them reasonably close to the exam - but my exams are a while back so I don't know if it has changed meanwhile.
Whats funny is that the papers are very expensive. And yet the passrate is sooo low
Feel free to compare the cost to an MBA here: ua-cam.com/video/YDY7Bb0PppY/v-deo.html
It is imperative that the CFA Instutite maintains the integrity of the pass/fail standards, ensuring that they remain uncompromised and not influenced by associated costs. This approach is crucial for upholding the quality and reliability of their assessments or products/services.
Thank you so much! I have subscribed and turned the bell on. Would love to see more CFA content from you x
Awesome! Thank you!
Great video. thanks. Pls, i need your professional opinion. what's your view about obtaining the IMC CFA UK qualification for roles in investment banking/coporate finance/asset management to build some exposure and go for the CFA qualification. i am 38, bachelors in economics with 9 years plus experience in retail/branch op with a DMB from my home country. i now live in the UK
The IMC seems to be a CFA UK chapter specific certificate. I do not have any experience with it, but tbh I have also never heard of it. Therefore, you might want to check how prominently it is being valued by the finance community in the UK.
Please more content on CFA! Very nice vid. Also, maybe which (external) learning resources you liked most
Will try, thanks so much!
Check out this post: www.linkedin.com/posts/lynnrl_cfatipsandtricks-cfaprogram-cfaexams-activity-6836145179146117120-Ay5w
super useful! thank you!
Glad to hear that!
This is great! Thank you!
Glad you liked it!
How much time did it take? 18 months?.
When I took the exam there was only 1 exam date per year.
Max was here
Great to see you Max
Which country are you from.
Switzerland
Hi. For the mocks since you read through all of them before studying. How did you measure your performance of how well you're retaining the material. Did you reattempt the mocks in a simulated exam setting at the end of it. Or used the mocks as a study guide throughout?
schweser mocks are useful and generally harder than the actual at least for l1 l2. aim for a consistent 70%, be honest no hindsight bias when grading yourself
I also found the mocks tend to be harder than the actual. But it's just my personal feeling.
At 6.35min of the video you saying we have to score 70% to pass, is that the minimum mark to pass the Cfa level 1?
No theres no cut off.
The probability increases.
Atharva is right, the 70% is only a benchmark reference. The effective pass score depends on several factors including how well the entire population of exam takers did.
Nice video! Only a small comment... Light year is a measure of distance no a measure of time. The phrase "it will take me light years" is not correct.
Thanks for the clarification 😊 just a phrase to exaggerate "years".
Thanks for the tips!
Happy if it helped!
Thanks a lot for your video. I'm more interested in level 3 tips but that part was rather short :) You mentioned your learning method for both level 1 and level 2 (bottom up approach). What about level 3?
Hi Naval,
A large share of level 3 is Portfolio Management and Wealth Planning. Most professionals who work in that field felt this is the easiest exam because they could draw on their practical experience.
Therefore, in addition to what I mention in the video, I'd recommend you to get in touch with professionals in the field and talk to them how they apply theoretical concepts on a day-to-day basis. Ask fund managers e.g. how they manage risk and how they implement metrics. Talk to wealth planners on how they go about analyzing their clients' situation and construct portfolios. IMO this will give you a lot of insight that you cannot get from books or prep courses, which will help you to successfully formulate your answers to the essay questions.
Good luck with your exam!
I took the level 2 exam failed with very close margin in both once in 2019 and in 2021 may, i can honestly say its getting harder as my score for 2021 is much higher overall than 2019 and i was much better prepared, i really wonder what i could have done to push me through that 1 or 2 % ( by the scale, i think i am at most2 % away from passing both time)
Don't give up! 💪
Thank you so much! Subscribed
Thanks for the sub!
Moore Anthony Martinez Laura Rodriguez Barbara
Can I get fake CFA certification? If I could get one then is it possible for my employer/company to get to know that I am holding a fake one?
❤
may i have material you had...like e-material.. are they still available
I used the Schweser Notes by Kaplan, but there are a lot of other alternatives out there.
Check out this post: www.linkedin.com/posts/lynnrl_cfatipsandtricks-cfaprogram-cfaexams-activity-6836145179146117120-Ay5w
👍
Nice
lol! nice video but lightyears is a measure of distance, not time 😂😂😂
😂 Space and time is interconnected 😉
I passed all three levels in single attempt. You may find more tips and useful recommendations in my channel.
Nice work! Keep it up!
boo
Very helpful, thank you !!