CFA Lvl 1 May, HELP
Hi folks,
I m going to take the CFA Lvl 1 Exams in May. But unfortunately didn’t had the time (due to exams at Uni) to start studying.
Do u guys have any tips re studying structure? Is it to late for me to start studying? (Undergrad and currently in an Internship) Special tips for Lvl 1? Any preferred external resources like schweser etc?
Cheers folks!
", CFA" is becoming more and more irrelevant imo… go get an mba or msf
why is that so.
It doesn’t carry the same weight it used to. Sure, it’s still a solid credential, but in a world where active fund managers consistently underperform index funds, the value of all that technical knowledge is shrinking (ai etc). It might help you land a job at an RIA in Des Moines, but on the street, it’s seen as a nice to have. MBA / MSF is more attractive. Clients care more about cheap beta than some alphabet soup after your name. On the sell side, no one’s flipping through a pitch book looking for CFA. Also convergence of public and private market — alts are where the action is, and the CFA hasn’t adapted to that shift
plan is also more for doing it in my bachelor years, so I dont have to take the GMAT re MIF applications
I would have loved to help you but i myself dont know much about CFA level 1.
its been just 3 classes for me and iam aiming for CFA level 1 exam in November. But what i know is that you need atleast 300hr of study to pass it and of you dedicate enough time im sure you can still make it
cheers buddy
thank you 😊
I hope you do good as well and top the CFA
I passed L1 this last Nov recruiting this cycle. It wasn’t tough, smash ethics, and learn the core of everything else and you’ll be fine. I studied 150-200 with a finance major.
cheers bud, will do that
Offering not much advice but at least a different perspective: Studying for the CFA while working full-time and especially during busy periods is hell. Totally doable, but expect to sacrifice along the way.
If you're already registered, then take it and study for it. Get it out of the way now so you don't have to worry about it later.
Echoing what someone said, but the CFA no longer holds the same weight. It's an extra 3 letters next to your name that could lead to incremental and unguaranteed increases in earnings later in life. The program seems to innovate year-over-year so it's better from a learning and real-life application perspective (and worse from a candidate perspective given the extra hours/content lol). I know accomplished people who both have and don't have their CFA. It hasn't attributed to their success but seems like some found value in getting it at some point. Even with an MBA, I think those costs and opportunity costs are increasing.
Ultimately if you hustle, work hard, and move through your professional career with initiative, then you'll do great in whatever you do. But if you're already signed up and the worst you gotta worry about is school, then in my opinion just take it.
much appreciated tx!
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