Need some Opinions on CFA

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2088
kushal_ag Says
can sone please provide me the complete schedule to prepare for level I, wanted to know how much hours shd be devoted by an average student for each chapter. Please as I have messed up my studies and need some targets for every topics and plan for nxt 100 days.


Hi
The site clearly specifies that every level requires arnd 250 hours of work. I'll try to put things in perspective over here for u and other CFA Level 1 aspirants as well.
The post is arranged as follows. Try to follow the topics in the sequence given:
Topic Time required
1. Quants: Session 2 & 3 : 2 days concentrated study: 15 hours to master

2. Economics: Session 4, 5 and 6 : 40 hours. (6 days) as the concepts learnt here will go a long way in the CFA program.

3. FSA : Sessions 7 to 10 : 60 hours: (10 days) : very very important topic

4. Corp fin : Session 11 : 1 day

5. Equity investments analysis : session 13 and 14: 3 days, important

6. Derivatives analysis: session 17 : 3 days, very very important

7. Fixed-income : session 15, 16: 3 days, try to grasp the various risks involved and the concept of duration and yield curve.

8. portfolio management : session 12, one day

9. Alternative investments: session 18, 2 days

Try to revise your course twice before may. one can do your course once in one month. so finish your course by 20th march the first time around and by april end the second time.

starting May , just mug up the ethics portion and solve as many papers as possible.

I did it this way and cleared the exam. It sounds very comprehensive but trust me, its possible.

I did with a job, and had no background of fin as such.

Hope this is useful

Cheers

Akshat
2089

hi puys

The final hurdle is here for me and I have started preparing for it. As i'll be busy with my summers during april and may, i need to make sure i complete as much as possible till march.

Hope all of u have also started opening ur books, for the june 09 exam.
Level III is very different from the earlier levels. It involves a lot of theory.

Lets see how it goes.

cheers
Akshat

2090
hi puys

The final hurdle is here for me and I have started preparing for it. As i'll be busy with my summers during april and may, i need to make sure i complete as much as possible till march.

Hope all of u have also started opening ur books, for the june 09 exam.
Level III is very different from the earlier levels. It involves a lot of theory.

Lets see how it goes.

cheers
Akshat


Hi
I am a final yr Engineering student, tot of giving CFA level 1 next June, But got my joining date as Jan next yr:confused:, so tot of writing it this December, as i would ve 6 months(24 hrs free) But i also plan to write CAT, i managed to score 97, so writing it again this Nov.
So my question is
1)Can i manange both CAT and CFA this yr, as that i ll be entirely free for 6 months.
2)I tot of doing the basics of CAT before June and then prepare for CAT like a Working guy(in the sense studying CFA the entire day just like others work) and squeezing in some time to CAT
Will this work?

plz answer this!
2091

Guys am new to this forum...i will doing MBA dis year and am intersted in finance...
i dun have any work ex.. i wanna do CFA side by side but dun hv any idea regarding this!!!
which CFA is better ICFAI one or the international one? how much time should one dedicate to this? is it a correspondence course? how many levels? guys these are just the basic queries, there are many more coz i dun have any knowledge regarding CFA...
i saw the link of the CFA website above but its not opening!!!
Friends jus help me out!!!

thanx n Cheers!!

2093

hi puneet and akshat regrading the Shweser Pro 5000 Qbank, it can be downloaded from the net but one problem is the i am unable to find the key to the same, even if i can find it, it is useless(over used), please suggest, planning to appear CFA in dec 2009.

2094

I have completed my engineering in 2008. I am waiting for my joining. mean while giving various exams. So can any one guide me how to start preparation for CFA. and which one , I dont have any idea any it. I think in Indian CFA there are 8 groups, and I have heard that in American one there are 3 level.

If any one can guide me on this I will be thankful to him.
how to prepare?
which one should I go for?
Books and related stuff?

Thankyou

2095
kushal_ag Says
can sone please provide me the complete schedule to prepare for level I, wanted to know how much hours shd be devoted by an average student for each chapter. Please as I have messed up my studies and need some targets for every topics and plan for nxt 100 days.


Hey Kushal,
Where r u taking CFA exam ?
2096
Hi
I am a final yr Engineering student, tot of giving CFA level 1 next June, But got my joining date as Jan next yr:confused:, so tot of writing it this December, as i would ve 6 months(24 hrs free) But i also plan to write CAT, i managed to score 97, so writing it again this Nov.
So my question is
1)Can i manange both CAT and CFA this yr, as that i ll be entirely free for 6 months.
2)I tot of doing the basics of CAT before June and then prepare for CAT like a Working guy(in the sense studying CFA the entire day just like others work) and squeezing in some time to CAT
Will this work?

plz answer this!


Hi

Well, taking both the exams together can be tricky. I wont pass any judgements as everyone one of us has his/her own caliber.

I'll just want u to ask urself the right questions and the answers will be there in front of u:

1. Wat is more important to u, MBA or CFA.
2. Are u willing to take the risk of not qualifying in this years CAT?
3. CFA program is a costly proposition, and any laxity can rob u of a big amt. Are u willing to risk that?

If i wud have been in ur place, i wud have taken CAT more seriously, cause for me, an IIM was more important. Secondly, I cud have easily taken CFA during my MBA.
Hope this provides some pointers.

Cheers
Akshat
2097
Hi Akshat

How are you, Remember i called up from delhi regarding CFA.And u gave me some good tips.
Anyways tell me one thing that u have mentioned that schweser Pro 5000 Question bank is good. So from where can i get this qbank.
If anyone is havin Shweser Pro 5000 Qbank, please upload here.It will be very helpful

Puneet


Dude , I myself have no idea, for this year. I am looking for them too. Let me get a link and will pm u the same.
Forum rules specify that we cant post this info on the thread.

Cheers
Akshat
2098
akshatagarwal please clear ur inbox...I am unable to PM u...
2099

Is it true that the syllabus for the June Level 1 exam is the same as the December 2009 exam?
Does it say this on their website? Cant seem to find it? please show me the link if u kno whre it is.......
Your confirmation will be greatly helpful.::robot:

2100

i m looking for Shweser Pro 5000 Qbank for level 1 if any 1 have the link for it plz Pm me.i be really thankful

2101
hi puys

The final hurdle is here for me and I have started preparing for it. As i'll be busy with my summers during april and may, i need to make sure i complete as much as possible till march.

Hope all of u have also started opening ur books, for the june 09 exam.
Level III is very different from the earlier levels. It involves a lot of theory.

Lets see how it goes.

cheers
Akshat


Hey Akshat

Just enrolled for Level II. Could u provide some pointers to prepare for Level II??? How different is it from Level I as in the amount of effort required on proportionate basis???
2102

Hi,

The syllabus is same for June and December 09 exams.. once you register for the exam you would be getting books from the institute... so if you are talking about CFA books the syllabus would remain same with in the year.. CFA institute changes the books from year to year.. for 08 they had given one set of books and for 09 they have given new books with new changes incorporated.. but majority remains the same...

so you have registered for which month?

Is it true that the syllabus for the June Level 1 exam is the same as the December 2009 exam?
Does it say this on their website? Cant seem to find it? please show me the link if u kno whre it is.......
Your confirmation will be greatly helpful.::robot:
2103

Hi Akshat,

If you can tell me from where can I get the Level 1 Videos.. I visited a couple of sites but it is taking a lot of time to download.. if you know any place which sell these videos in CD/DVD format in mumbai or anywhere else in India would be helpfull....

Any body else having any knowledge on the availablility of the videos in CD/DVD format !!! please do let me know.. if you can actually purchase the videos in CD format..

2104

Hi Friends

I just wanna ask some questions as I have done Eco hons from DRC. and its been 2.6 yrs I am working in Banking/BPO sector . I am persuing my MA ECO form Himachal university and currenlty joined CFA from ICFAI.

I want to ask wht is the scope of it and placements after that in Delhi/NCR as I want to get into Financial research and Analyisis and wht else I can do for the same

Help me out

2105

Hi Deepti,

This forum is not for ICFAI, for this thread disucsses about US CFA (formerly known as AIMR)

for ICFAI you can log in to : http://www.pagalguy.com/discussions/chartered-financial-analyst-cfa-from-icfai_hyderabad-25014266 and post your query there..

Hope that helps..

Hi Friends

I just wanna ask some questions as I have done Eco hons from DRC. and its been 2.6 yrs I am working in Banking/BPO sector . I am persuing my MA ECO form Himachal university and currenlty joined CFA from ICFAI.

I want to ask wht is the scope of it and placements after that in Delhi/NCR as I want to get into Financial research and Analyisis and wht else I can do for the same

Help me out
2106

akshat ...man u really rock....i read thru this thread 2 hours straight ...collected important and relevant info and as it turned out it was all what u penned down .....keep up the good work....im preparing for L1 dec2009....no knowledge of finance now ....dont want to take a risk with ....50000+....
one question ...
which would be a better choice singapore or kathmandu....when there the trade off between money and ease?

2107
Dude , I myself have no idea, for this year. I am looking for them too. Let me get a link and will pm u the same.
Forum rules specify that we cant post this info on the thread.

Cheers
Akshat

Hello Akshat,
Please PM me the same in case you get it, i got it of previous yr that too shows expired after instalation.

@M7MBA

I am planning to touch the mountains of Edmund Hillary and Tenzing Norkay this June i.e Nepal
2108
Hey Akshat

Just enrolled for Level II. Could u provide some pointers to prepare for Level II??? How different is it from Level I as in the amount of effort required on proportionate basis???


Hi Ankit

Level 2 is definitely much more tricky. This is so , becuase of the question sets. U will have 10 sets of 6 questions in each exam.
if u get one set wrong, u basically screw up 6 questions.

I wud suggest u start with the FSA part because it is the most important in this level. Try to spend as much time mastering the concepts in FSA.
The quant concepts are relatively simple, eco is also not tough. Look carefully at the valuation of equity and duration concepts for equity and fixed-income carefully.
Option pricing and route independent and dependent pricing models are important.
The ethics portion becomes tougher, as u have to read caselets. One caselet has 6 questions to answer. So work on the reading speed.
In my case, i had left alternative investments completely and i saw one whole caselet in front of me. I was shit scared but somehow managed to scrape thru.
Be thorough and spend at least 200 hours. I had my mba interviews, as well as an international paper presentation becuase of which i cud give in only 120 hours.
Prepare well

cheers
Akshat