Comments on: How To Pass CFA Level 1 Exam With Flying Colours http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/ 5 Million Dollars. 10 Years. This is the story of my journey. Wed, 28 Jul 2010 18:18:12 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Helen http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-393 Helen Wed, 28 Jul 2010 18:18:12 +0000 http://blog.5m10y.com/?p=751#comment-393 I followed your advice, it was january and i had all the big bookss and didn't know where to start!!! My exam was this june 2010 so i had less than 6 months. I followed your advices,and i passed with pretty good grades. Now, i've recommended your blogs to some of my friends. Thanks a lot!!!!!!!!!!!!!!!!!! I followed your advice, it was january and i had all the big bookss and didn’t know where to start!!! My exam was this june 2010 so i had less than 6 months. I followed your advices,and i passed with pretty good grades. Now, i’ve recommended your blogs to some of my friends. Thanks a lot!!!!!!!!!!!!!!!!!!

]]> By: Nes http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-388 Nes Wed, 07 Jul 2010 10:59:22 +0000 http://blog.5m10y.com/?p=751#comment-388 This is perhaps the best blog on CFA prep. Its kinda motivational:) & has real good advice! I am not a CFA candidate but have been thinking of signing up for the same...the only thing that is keeping me away from the monster is my lack of finance knowledge...I am from engineering background and have studied finance at a very beginners' level at the business school (general business degree not specialist finance)...but your blog inspired me! Nevertheless I do plan to do a rain-check of my own, so I have planned to attempt the Investment Management Certificate (IMC) offered by the CFA Society of UK before signing up for the CFA programme...If I pass the IMC, I can at least dream of clearing the three levels of CFA. Anyways, great blog and all the best to you! This is perhaps the best blog on CFA prep. Its kinda motivational:) & has real good advice! I am not a CFA candidate but have been thinking of signing up for the same…the only thing that is keeping me away from the monster is my lack of finance knowledge…I am from engineering background and have studied finance at a very beginners’ level at the business school (general business degree not specialist finance)…but your blog inspired me! Nevertheless I do plan to do a rain-check of my own, so I have planned to attempt the Investment Management Certificate (IMC) offered by the CFA Society of UK before signing up for the CFA programme…If I pass the IMC, I can at least dream of clearing the three levels of CFA. Anyways, great blog and all the best to you!

]]> By: admin http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-334 admin Mon, 31 May 2010 03:47:08 +0000 http://blog.5m10y.com/?p=751#comment-334 Hi orange.comet, I say it depends. My thinking goes like this: the reality is that a full, comprehensive, and firm understanding of the whole CFA curriculum will take more than 3 years to acquire. But I see no reason why you can't pass the exams first while pursuing the detailed info later on (or in parallel). So my suggestion is this: Use Schweser (or Stalla, or whatever prep provider you want to go with) for passing Level 1. Don't bother about the text books for now, they will just distract you with unnecessary details that are probably not going to be tested. After passing the exam, then yeah, sure, read all the books to your heart's content. But don't make reading the text books delay your passing the exam! Hi orange.comet,

I say it depends. My thinking goes like this: the reality is that a full, comprehensive, and firm understanding of the whole CFA curriculum will take more than 3 years to acquire.

But I see no reason why you can’t pass the exams first while pursuing the detailed info later on (or in parallel). So my suggestion is this:

Use Schweser (or Stalla, or whatever prep provider you want to go with) for passing Level 1. Don’t bother about the text books for now, they will just distract you with unnecessary details that are probably not going to be tested.

After passing the exam, then yeah, sure, read all the books to your heart’s content. But don’t make reading the text books delay your passing the exam!

]]> By: orange.comet http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-333 orange.comet Sat, 29 May 2010 17:51:04 +0000 http://blog.5m10y.com/?p=751#comment-333 Hey Ray, Congrats for your CFA L1 success and best of luck for further levels. I don't have much of financial domain knowledge (Engineering background), and I'm targetting CFA. Considering this, what would you suggest regarding study material. Should I just study CFA official material or should I buy Schweser or rather recommended text books e.g. Analysis of Derivatives, Investment Analysis and Portfolio Management to name a few. One of professor I met at information session told that CFA material and prep notes like Schweser contain bits and pieces of text unlike text books that contain detailed info. He suggested me to go for books first. I'm really confused what should I do... Your feedback is highly appreciated. Thanks. Hey Ray,
Congrats for your CFA L1 success and best of luck for further levels.

I don’t have much of financial domain knowledge (Engineering background), and I’m targetting CFA. Considering this, what would you suggest regarding study material. Should I just study CFA official material or should I buy Schweser or rather recommended text books e.g. Analysis of Derivatives, Investment Analysis and Portfolio Management to name a few.

One of professor I met at information session told that CFA material and prep notes like Schweser contain bits and pieces of text unlike text books that contain detailed info. He suggested me to go for books first. I’m really confused what should I do…
Your feedback is highly appreciated.

Thanks.

]]> By: sts http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-328 sts Thu, 27 May 2010 13:01:32 +0000 http://blog.5m10y.com/?p=751#comment-328 HI dude, can i post articles to your blog ? Let me know if you are interested HI dude, can i post articles to your blog ? Let me know if you are interested

]]> By: Gogole http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-321 Gogole Fri, 21 May 2010 07:57:49 +0000 http://blog.5m10y.com/?p=751#comment-321 Nope.I am planning to write next year 2011. Am from Singapore too but working on the computer side I need to say this again, Your checklist for the exam was damn useful to me. BTW, are you into any investment management firm? Nope.I am planning to write next year 2011.

Am from Singapore too but working on the computer side

I need to say this again, Your checklist for the exam was damn useful to me.

BTW, are you into any investment management firm?

]]> By: admin http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-317 admin Wed, 19 May 2010 13:46:21 +0000 http://blog.5m10y.com/?p=751#comment-317 Hi Kingpin, thanks for the comment. I used Schweser for L1 and did thousands of practice questions. You are right in the sense that QBank may not be similar to the real exam. But the main value is that by doing those thousands questions, you are inculcating those topics into your brain. Gogole: congratulations! Are you going for L2 this time around? Hi Kingpin, thanks for the comment. I used Schweser for L1 and did thousands of practice questions. You are right in the sense that QBank may not be similar to the real exam. But the main value is that by doing those thousands questions, you are inculcating those topics into your brain.

Gogole: congratulations! Are you going for L2 this time around?

]]> By: Gogole http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-314 Gogole Mon, 17 May 2010 03:53:19 +0000 http://blog.5m10y.com/?p=751#comment-314 Thanks, I liked the exam checklist.It really helped me a lot. - I passed Level 1 Thanks,
I liked the exam checklist.It really helped me a lot.
-
I passed Level 1

]]> By: Kingpin http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-303 Kingpin Sun, 09 May 2010 06:48:56 +0000 http://blog.5m10y.com/?p=751#comment-303 Hey Firstly your blog makes for some fantastic reading, and almost a must for any CFA level 1 candidate like me.Have a specific query on test prep's. Why did you choose the schweser q-bank and not Allen resources test bank?Have people around me who are not so happy with the Schweser Q-bank claiming it to be a little too simulated and also the q's are not similar to the real exam. What has been your experience?Would be helpful if you could help me narrow down my choices. Thanks and best of luck with your L2 prep. Hey

Firstly your blog makes for some fantastic reading, and almost a must for any CFA level 1 candidate like me.Have a specific query on test prep’s. Why did you choose the schweser q-bank and not Allen resources test bank?Have people around me who are not so happy with the Schweser Q-bank claiming it to be a little too simulated and also the q’s are not similar to the real exam. What has been your experience?Would be helpful if you could help me narrow down my choices.
Thanks and best of luck with your L2 prep.

]]> By: admin http://blog.5m10y.com/2009/08/06/how-to-pass-cfa-level-1-exam-with-flying-colours/comment-page-1/#comment-255 admin Thu, 26 Nov 2009 12:22:20 +0000 http://blog.5m10y.com/?p=751#comment-255 Screwed, if you haven't really studied anything up to this point, I suppose you can try the mock exams and memorizing the Secret Sauce. I agree with you though that unless you are a genius at the level of Chris Langan (http://en.wikipedia.org/wiki/Christopher_Langan ), then you are truly madly deeply screwed. Screwed, if you haven’t really studied anything up to this point, I suppose you can try the mock exams and memorizing the Secret Sauce.

I agree with you though that unless you are a genius at the level of Chris Langan (http://en.wikipedia.org/wiki/Christopher_Langan ), then you are truly madly deeply screwed.

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