The concepts are honestly only as hard as high school level mathematics at the absolute most. The volume of content can seem a bit daunting but overall it's a bit of a joke really isn't it.
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I mean by that logic you can also say being in shape is piss easy. Just eat clean and go to the gym to get a light workout in, nothing much more difficult than what you did in middle school gym class. But you still see people that aren't in shape walking around. That's because they lack discipline.
The point is it takes a level of self-discipline and commitment. I agree the concepts aren't incredibly difficult, but it also isn't some BS college exam you can cram for the week before. You have to be able to put in the time, understand the material, and stay consistent for months on end. That's where most people struggle, trading away long term benefits for short term happiness
For example, "I'll go out with the boys instead of committing to the study schedule I planned out for the weekend."
Isn't it? So you've taken all three exams and passed?
Passed L1 and L2 yeah.
we got a bada** over here!!
Modelling - easy. CFA - easy.
Two possibilities here: (1) hardoooooo; or (2) new troll / accounting major
Just pointing out facts. Most other people I know with a hard science background like me seem to agree.
Ummmmm ackhtually
Bro I went to engineering school, I'm familiar with the physics major arrogance. Physics is a bullshit major anyways, it's just applied math. Cope harder, Sheldon Cooper.
https://xkcd.com/435/</a">https://xkcd.com/435/
Rule 1: Don't feed after midnight
Rule 2: Don't ever get wet
Wasn't going to feed the troll, but after 850 hours (and counting) of studying, here I am.
As @FinanceIsWacc stated, the concepts aren't hard (for the most part), but maintaining discipline is. Fitting in 1.5hrs of studying per night after working 11-12 hours (not in IB) and still try to maintain a relatively consistent workout schedule is hard. Throwing that in with trying to maintain a relationship with a girlfriend of 5 years isn't easy. I've had to turn down so many friends' offers for events/drinks in order to study and that gets old too.
I'm not saying all this to get pity, I'm saying it because I want the designation to garner the respect I believe it deserves after all the work I've put in.
Lol, fucking retard. Finance / Accounting in general is easy.
Yeah, thats the minimum though
The people, logic , and storytelling parts are what matter
Did you 70+% every section on each test?
What I find particularly perplexing about this topic is why someone who is enrolled in the program, would choose to disparage the exams and the CFA institute.
haha I know this chick that has her charter now but she had the same attitude
Cruuuuuiseed through L1 and L2. L2 is tough they told her. Ain't no thang for her.
L3 crushed her 3 times in a row. Took her 4 times to pass L3.
CFAI Karma is a bitch. He's fucked now - lol
She said they even started making fun of her at the office for a couple years. She was at one of those 'everybody has their charter' places and they were like - 'are you ever gonna finish those CFA exams' ---- for yearrssss .... hahaha
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