CFA Level 1: Feeling Insecure/Burnout
Might just be a human thing feeling comfort in knowing someone else went through the same shit as you are.
I just feel that every time I add knwoledge whilst studying for the CFA I push something else out. Did anybody else have this feeling?
Plus, I feel kind of a burnout about finance. I usually like to read finance books/browse through finance pages/read the news or journals but after working plus studying I just feel like I want to focus on anything non-finance related. Once again, anybody felt this way?
Before you say it: yes I'm a bit bitchy today but well, we all have those days.
I completely prepped for taking the CFA for this June (lvl 1), then it got delayed. I feel what you are going through. It's tough. But I think you just need to keep in your mind why you are going through this rigorous process to begin with.
Everyone even close to finance/accounting knows how insane going through all 3 levels of the CFA is- it blows the CPA, CFP, and pretty much everything else out of the water in terms of difficulty/amount of study hours required. The designation makes you a beast, and highly respected in the finance/accounting/business world.
Does it lead to a handout in the job market? No- obviously not, but that stands for the CPA, a MsF, an MBA from Stanford- you name it- if you don't have the guts to get the job yourself you won't cut it.
In the end, having a CFA will make you stand-out in essentially every corner of the finance world (of course it's more useful in some than others- like AM and HFs as opposed to IB). There are a lot of naysayers (much more than for other professional certifications), but I know this has to do with the ridiculous difficulty of completing these exams while working a full-time job,
Work hard man, you will get through it, and I bet you and I will be very happy when we reach the end of this long journey we are attempting to embark on. Haha I know this all may sound funny, but I know we all need a little optimism every once and a while- keep grinding man :)
Thank you very much man it really helps to read things like this, indeed optimism does help a lot :)
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can confirm. spoke with 2 PE directors recently and none of them cared I passed L1 as undergrad. Its all about deal experience.
Dude, there are only two possible feelings when you walk out of the exam room (other than exhausted) : Either knowing you failed, or having no clue if you passed or not.
I got 70%+ in every category on Level 1, and I had no clue if I even passed when I walked out. The exams are known as a beast for a reason.
Studying for L1 myself. I would say remember that too much of anything is no good for you, and December is a long time from now. Slow it down a bit and take some time to enjoy yourself.
I’m sure working in PE has given you a solid foundation and exposure to topics covered in L1. Nobody says you need to go get a perfect score. You will be fine!
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