Quote:
Originally Posted by akshatagarwal
My apologies for being so late in responding. Things are moving really quickly here at Lucknow so its hard to log on to pagalguy.
Well its my 1st term at IIM L so i took the test before joining this place. I was working when i took the test. Both level 1 and 2
I would agree with what rajatb said. CFA tests breadth and not depth. Please keep this in mind that all the topics should be covered before the test..
course material used : Schweser. I wanted to use the CFA books but had no time with work. Could hardly study for 100 hours / 3 weeks.
But ideally one should put in at least 2 months/ 200 hours for any level.
Another important aspect is that , people should be able to use the calculators properly. Be thorough with the functions in the calculator. Makes life a lot easier.
I didnt take any tests/online tests.
Level 2 is FSA heavy, so be thorough with that topic. the advantage i had is that i had prepared very well for level 1. So i could link those concepts with level 2 concepts. that made things easier for me.
I am sure i'll be able to leverage CFA during my summers and final placements at IIMs. It gives you a differentiating factor.
Thanks for all the wishes
Unlike rajatb, I aint leaving ths thread for good. So fire in your queries and please be patient as the replies may take 4-5 days.
cheers
Akshat
|
thanks Akshat for the reply...was busy wid mid sems in the college and little bit here and there wid the placements,
really ur post is an eye opener...... though there seems to be a financial crisis looming ahead, I hope the sun will be up again once u r there after 1 yr for the placements......
well I guess scheweser is the way to go, but in any case I shall have a comparative look once again at both Stalla and schweser
100 to 200 hours for L1 and L2, don't u think its a little less, I guess maybe thats upto each individual's cup of capabilities and needs....
what I realize from ur post is that the one thing thats good about CFA is that the 3 posts are very much linked to each other, thus the three level effort do get concentrated......
which calculator did u use by the way.....there seems to be a debate between two kinds of calculators....
by the way I just wanted to ask u, that when u have cleared CFA level 2, and maybe with another 1 more year for CFA level 3, don't u think that the value proposition of CFA in terms of brand and knowledge would have far surpassed the value proposition of IIML easily?
Its a debatable topic I guess, coz in terms of openings in finance, even the CFA L2 would have given the same advantage or even more as compared to the PGDBM,
on the other hand the advantage of exposure to variety of companies at a single time that too they coming to u and u not going to them could only be leveraged at an IIM campus,especially the big 4.
So now, how does the CFA L2+ brand IIML spell the situation in your case, how does it give u an edge of other "normal" PGDBM guys who are still a generalist in terms of a concentrated choice towards a career in finance.....
waiting for your reply,
thanks once again Akshat that u take out the time from ur busy MBA schedule to answer our queries, we indeed are thankful.....:smilecol:
Help
Seriously, you don't need it.
Linear Mode
