Question on CFA,
I'm taking level 1 in December, why wouldn't I just go with the CFA provided materials since they literally wrote the exam?
I hear great things about Kaplan books but why pay the $380+ for them? And why would I pay the $650+ for the other levels?
Thanks,
Side question: What forum will I find CFA topics in? Sorry if this is in the wrong one...
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Hi gator10, the silence is deafening, sorry about that.... Any of the threads below helpful?
school I am a Trinity college certified Pianist I'm a regular volunteer at an ...
Business School and GMAT Forum Resources
Business ...
Business School and GMAT Forum ...
business schools during round 1, and I did applications for ... m-t-none">Business School and GMAT Forum Resources
Or maybe the following users have something to say: @a12398767" CAC @dathomas91"
I hope those threads give you a bit more insight.
So, the CFA Institute books teach you everything that CFAi wants you to know. The Kaplan books teach you everything they will likely test you on for that level. The CFAi books are also significantly lengthier than the Kaplan ones. The Kaplan ones also seemed to be (relatively) somewhat sloppily written to me. Kaplan's questions also seemed to rely on tricks to achieve scores similar to what CFAi's did with sheer difficulty.
Are you time constrained and want the best chance of passing that particular level with no particular concern for the whole program? Go Kaplan.
Do you want the best chance to make it all the way, and are you willing to spend extra time now to do so? Go CFAi, they set you up significantly better for the following level.
Last I checked, the percentage of level 1 candidates that ever got their charter was 20%. From personal experience, I used CFAi for level 1 and passed by a significant margin, Kaplan for level 2 and barely slipped by, then tried Kaplan again for level 3 and failed, but passed the following year using CFAi materials.
Great insight.
This is exactly the answer I was looking for, thanks! SB
I did lvl 1 with CFAI for Ethics and Econ, Schweser for the rest. It was fine and I was a bit short for time which is why I did it. I'm going to start in August/September for lvl 2 next year and intend on using only CFAI (and maybe touch on Schweser/Kaplan for some practice questions).
As mentioned above, CFAI is generally better but more time consuming. Lvl 1 you can definitely get by on Schweser (and I assume Kaplan as from what I've heard they're very similar), but try to use CFAI if you can.
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