AuthorTopic: Advice needed from those passed
@2006-11-20 08:26:13
Dear All,

I just applied for the June 2007 round.. and to be honest, I need several things to be cleared up regarding the reading resources, best ways of organizing the sessions, and the average time spent daily on the topics.

I hope I did wise by applying now, thus i need as much feedback from all of you guys (especially those who passed) on what's the best topic to start with, and the best way to organize the topics.

I appreciate your assistance, and believe it'll be useful to most ppl.

@2006-11-20 12:51:41
For level 1, I first read the sessions I knew best in order to get them out of the way. I saved quant, equity analysis, FSA for last mainly because of formulas and other stuff that I could just cram into my short-term memory. I aimed to spend about a week on each session, some sessions I spent more, some less. I made sure that I knew ethics because it is such a big percenage of the exam-15% from one session vs. 5-8% for the rest. Quant was the other area I tried to ace but some people may not like quant so much. I did not spend so much time on derivs or alternative invest. I put in 3 hours a day for 5 days a week.

For level 2 I have changed my strategy because the weights are different.

Good luck, look out for those two barreled , double negative questions. If English is not your first language, you may need to take more practise tests.
@2006-11-21 06:26:04
Thanks Alot for the advice.. highly appreciated.. I would like to have some feedback regarding:

What's your eductaion background? What notes have u used?? how many hours studied total? when did u start studying ethics??

Good luck in the rest of your (journey)
@2006-11-22 13:14:51
Used stalla in 2005-failed. Used CFI materials June 2006-passed. Each exam, I studied about 300-350 hours. MBA from a non-top school, BA in economics Studied ethics first for the first exam. Then continously read the ethics handbook from cover to cover over about the first month during the 4 month study time for 2nd exam. I am not in the industry at the moment so my advise may not be the best, but besides learning a few basics during my MBA studies, I had to start from scratch.

Good luck.
@2006-11-22 16:21:28
Thanks again...

I believe lots will benefit from your advice..

good luck once more..
@2006-11-25 16:03:29
Hi AWR83,

How is your studies going on? I have just registered for june 2007 and as such would like to know a bit more from you (e.g are you able to finish one SS per week, what tactics are you using...) . I am all alone here ( in mauritius) relying solely on notes.

Any feedback is the most welcome.

Many Thanks
@2006-11-26 04:29:38
Unfortunately i'm still struggling with organizing my time and studies... i go to work at 6 am and dont come back till 6 pm.. exhausted.. but im planning to start up the ethics and get done with it asap, then start the rest of the sessions,
hope to revise the ethics monthly.. and prob. from different sources
if you have any ideas plz dont hesitate..


CFA Discussion Topic: Advice needed from those passed

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz