The first 3 CFA Level 1 topics to study

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  • Опубліковано 14 лип 2024
  • The first 3 CFA Level 1 topics to study discusses how you should start you CFA Level 1 preparation and the study order for your first 3 readings.
    The music used in the video is: Mama Aiuto - Bell Tower chll.to/c5a18415
    #shorts #shorts #cfa #cfaexam #cfalevel1 #cfainstitute

КОМЕНТАРІ • 40

  • @afihaileywibowo1095
    @afihaileywibowo1095 11 місяців тому +14

    Couldn't agree more. Thank you🙏

  • @amazonproducts694
    @amazonproducts694 9 місяців тому +25

    Your L1 videos helped me alot and I passed my L1 with 90 percentile.
    Please make L2 videos as well.

  • @user-cz7ns4gv1x
    @user-cz7ns4gv1x 3 місяці тому +1

    Thanks I'm going to try this, working through TVM just now.

  • @priyanshigupta1501
    @priyanshigupta1501 9 місяців тому

    Can't agree more, amazing.

  • @sl4896
    @sl4896 7 місяців тому +9

    Thank you for this. I am taking my exam soon.❤

    • @letmeexplaincfa
      @letmeexplaincfa  7 місяців тому +1

      You are very welcome! Wishing you the best of luck🤞

    • @ishh_-
      @ishh_- 6 місяців тому

      Hi...how are the exams was it easy lil bit?

    • @sl4896
      @sl4896 5 місяців тому +2

      @@ishh_- hi, I am taking it this august

    • @ishh_-
      @ishh_- 5 місяців тому +2

      @@sl4896 after taking pls reply ...waiting for ur comment..thank you

    • @sl4896
      @sl4896 5 місяців тому +1

      @@ishh_- sure :)

  • @mammmmmoth
    @mammmmmoth Рік тому +1

    Thanks

  • @kamyabfarjamnia2530
    @kamyabfarjamnia2530 5 місяців тому +1

  • @RessOss
    @RessOss Рік тому +1

    Thank you! Do you know what the recommended calculator(s) are please?

    • @letmeexplaincfa
      @letmeexplaincfa  Рік тому +2

      There are just two calculators which you can use in the exam: www.cfainstitute.org/en/about/governance/policies/cfa-calculator-policy
      I recommend using the Texas Instruments BA II plua

  • @akshittaneja7738
    @akshittaneja7738 Рік тому +2

    Sir , which books do you prefer for CFA L1 comprehensive preparation :
    Schweser or CFA Institute core readings ❓❓
    Please guide on this

    • @letmeexplaincfa
      @letmeexplaincfa  Рік тому +5

      I personally relied heavily on Schweser during my Level 1 studies. I do however recommend that you practice using the questions included in the official Learning Ecosystem from CFA Institute (these are based on the end-of-chapter problems from the Curriculum itself).

  • @samarthsankhi1947
    @samarthsankhi1947 10 місяців тому +1

    Hi! Absolutely love your content.. really valuable. I was just curious if you provide any coaching for level 1?

    • @letmeexplaincfa
      @letmeexplaincfa  10 місяців тому +1

      Hi, thank you very much 🙏 I will be recording an online course for the 2024 Level 1 sitting over the Autumn.

    • @benamaramir7142
      @benamaramir7142 8 місяців тому

      Hi Thank you for the valuable content when will you release your course anytime soon?

  • @ziyadnihad8554
    @ziyadnihad8554 11 місяців тому +1

    in professional calculator we can easily calculate the value of Payback Period And Discount Payback Period
    is there any way to calculate easily on Student Ba 2 plus ?

  • @chr-rom
    @chr-rom 5 місяців тому

    As a current undergrad student from an Economics & Finance background, how much time would you recommend as preparation for the level 1 exam? I am looking to write my exam in august.

    • @letmeexplaincfa
      @letmeexplaincfa  5 місяців тому +2

      Hi, thanks for the message. The answer is, of course ... it depends :) But I would recommend you start as soon as possible, lightly, to get a feel for what is demanded from the different areas of the Curriculum. You will probably have a relatively easy time with topics like Corporate Issuers or Economics, or perhaps a large part of Quants, so go through the End of CHapter questions to see whether you know this stuff already, or need more study. This way, you can start creating a realistic plan for the Spring/Summer, which is when you will probably need to put in some serious study time. I would seriously encourage you to devote about 3-4 weeks to Financial Reporting and a similar time frame to Fixed Income as well as Quantitative Methods. In the 2024 version of the Curriculum, these areas strike me as the biggest, and for most Candidates, the most demanding.
      Hope this helps

    • @chr-rom
      @chr-rom 5 місяців тому

      Thank you for your reply! I really appreciate your recommendations and will use them to my benefit for planning my schedule. My biggest concern right now is using the BA II Plus. In my University exams we were never granted the opportunity to use this calculator hence why I never purchased one. What are the best units to start with to capture the most relevant use of the calculator? @@letmeexplaincfa

    • @letmeexplaincfa
      @letmeexplaincfa  5 місяців тому +1

      Hi, I think you should go through the Time Value of Money playlist videos on this channel :) as this is where I really walk you through the essentials of the calculator. A lot of the Quantitative Methods videos also utilise different functions. There is also a video on my recommended setup for the calculator.

    • @chr-rom
      @chr-rom 5 місяців тому

      Thank you for sharing I will be sure to check out your content of TVM! Since I am new to this depth of studying I am rather unsure how much time I should dedicate to each module. I appreciate you sharing a given time frame in terms of weeks, however, what would you recommend as a specific goal to have in terms of modules hours wise? I know each module is different some more demanding then others, however, I would like to hear what you think on average.@@letmeexplaincfa

    • @letmeexplaincfa
      @letmeexplaincfa  5 місяців тому

      @@chr-rom Let me say that I think the overall time allocation for should be a minimum of 3 months of dedicated study (literally spending most of your weekends and free evenings cracking questions, reading, etc). Most people will however spend more time than 3 months only. It really depend on individual circumstances,

  • @dimplebhatia3043
    @dimplebhatia3043 9 місяців тому +2

    Hi im a legal background person, totally beginner in finance, can you guide me how can i start? Which source to rely upon, if i want to apper for level 1 CFA in may 2024, how to crack the level 1 in 1 st apperance

    • @Alpha-kv3ou
      @Alpha-kv3ou 9 місяців тому

      Read from SchweserNotes, do the CFA curriculum end of chapter and blue box questions (some 2500 questions in total) + all quizzes of Schweser, if you have extra time, solve schweser question bank(it's fine if you don't) and do 4-5 mock tests and that's it.

    • @rahuldhere4093
      @rahuldhere4093 9 місяців тому

      Hi Dimple ! I'm also sitting for May 24. I've bought Mark Meldrum's lectures and begun with Quants. Wanna connect ?

    • @astrickyt7673
      @astrickyt7673 8 місяців тому

      ​ Hello I'm also starting CFA level 1, can you connect me too?

    • @astrickyt7673
      @astrickyt7673 8 місяців тому

      @rahul

    • @letmeexplaincfa
      @letmeexplaincfa  6 місяців тому

      Hi, sorry for the late response. I recommend the Curriculum. It is a really great resource. If you can supplement this with Schweser, that would be brilliant!