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Registered for Level I yesterday :) There is already a CFA group http://www.wallstreetoasis.com/group/cfa-chartered-financial-analyst
Registered for Level I yesterday :) There is already a CFA group http://www.wallstreetoasis.com/group/cfa-chartered-financial-analyst[/q…]
Yeah I guess the group is close - I'd prefer if I could see all the topics listed just like a forum but I guess it's about right
In for the 4th time, getting to be like groundhogs day over here
I'm in. It's horrible...
Me too. Clearly, I make bad decisions constantly.
in... and struggling. not with the material, but with the motivation. I'm actually kinda convinced the reputation L2 got has just been propaganda spewed by L3 candidates and charterholders to hold us back. If I see this damn corny ass picture on analystforum one more time, imma lose my mind, lol.
You probably knew this, but they claim pension accounting is the hardest reading of all 3 levels. I mean I agree it's super vague and kind of convoluted, but that's still pretty promising imo.
Hang in there, monkeys. Sitting for Level III this June after passing Level II last year. Level II is a beast but you can do that if you put the time. Taking a lot of practice exams is the key.
I'm in with all of you. Personally struggling with the quant stuff, not a big fan.
Also, doesn't seem like Ethics has changed much from L1 either.
Does anyone know if I could take level 2 right after graduation? I'd like to do Level 1 my first semester of senior year (December), and then level 2 my second semester (June).
I know they say you need a Bachelor's to take level 2, but could I register for it during school then take it the month after graduation?
I'm in right now. I have no social life.
I'd say too though, underfunded pensions are a pretty big deal in many restructurings. But still boring.
^agreed. That's why I feel the best way to go about it is to aim for "ownership" of the hardest topics. Because I figure on a difficulty scale, if you can own the 10s, you'll be okay if only 7s show up on the test (yet probably fucked if you prepare for the 7s and 10s show up).
As far as your comment though, it does seem a little unfair in the way that the selection process can perhaps reward those who knew the "right things" as opposed to the "most things".
I thought L1 was pretty fair. Maybe 1 in 15 or so questions where I was completely like "wtf???" but on the whole what they and Schweser said was important, ended up being important.
I'd say very few pass the CFA just because they got lucky on what showed up on the exam and what didn't - seems very unlikely on a 240 question exam.
I dunno, I just feel like I really overprepared for L1. CFA is definitely an ROI time play - invest the most time in where the most points are, grab low hanging fruit - beating your head over a tough topic is not the best way to spend the hours unless it is a big topic.
I feel like if you knew most of FRA well, and just new pensions "kind of well" - you'd be fine overall. So I guess it's not really "skipping it altogether," it's just "not mastering" it like the others. I feel like you could still pull a 70 in FRA (and easily a 60 plus) without knowing pensions down pat, but I haven't gotten to it yet.
Working through FRA now...fml.
Cant stand Jon Bone
Shoulda gone with Peter Olinto. Gotta love it....
Does anybody know if they check whether you completed your bachelors degree or not?
Are you trying to take L2 in undergrad?
Yes, i thought about it. Did L1 last December and it worked well. I'm primarily writing the bachelor thesis in the last semester, so I think I would have enough time to do it.
I think the earlier you try to pass the CFA, the easier it is. You have more time, the concepts are fresh in mind and you don't have much responsibilities in your life.
I'd like to. Do they let you?
Anyone else using schweser?
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