It’s easy to get discouraged by the recent unexpected trends in CFA minimum passing scores and pass rates, although there are some early signs of it returning to long term averages. While there are a few reasons for the recent low CFA pass rates, the implications for CFA candidates are clear: the guidance on CFA …
It’s the time of the year again, the Chartered Financial Analyst (CFA) exams are a a few weeks away! We know that practicing is one of the best ways to learn effectively for the CFA exams, with a good rule of thumb to aim to complete 5-7 sets of practice exams from a variety of providers before the big …
There are 3 main sources of CFA exam practice questions: Which source of practice questions deserves most of your time? Here’s our advice on which sources to focus on when you’re drilling the practice questions, by CFA Level. CFA Level 1 practice: Go heavy on CFA question banks from CFA Institute and/or prep providers I only …
Have you considered making your own CFA flashcards for your studies? Sometimes you find them ridiculously useful, and sometimes you may find them a bit ineffective – why is that? The secret to effective flashcard use is in the method. Successful CFA candidates (or any exam candidates really) utilize flashcards that makes the most of …
The CFA program can feel costly at times, and a fair question we get all the time is whether third party CFA prep books are necessary. Isn’t the CFA curriculum itself sufficient, especially since CFA Institute will only ever test the materials covered in the curriculum? While the CFA curriculum is a fantastic source for …
Editor’s note: This is a personal story shared as an anecdote. You should definitely NOT look to this example for your own CFA preparation approach (unless desperate)! Hi, I’m Scott, and a few years ago, I passed my CFA Level 1 with just 2 weeks worth of studying. I started two Saturdays away from the …
In the recent years CFA Institute has revised many long-standing aspects of the CFA exam – the shift to computer-based testing, multiple testing sessions in a year, and changes to results reporting. Their latest initiative is the CFA Institute Practice Pack – a package of mocks and practice questions made available to CFA Level 1 …
One of the most effective ways to learn is through practice, lots of it. However, how many CFA mock exams should we aim to complete for practice? According to our research (12 years worth of data!), there is an optimal number of CFA mock exams you should be doing for the best chance of passing. …
We are nearly there candidates – it’s CFA practice exam season! You might be worried that your scores aren’t high enough. Candidates should be targeting a consistent practice exam score of at least 65% (the higher the better of course). But the score for your first practice exam can be quite low and demoralizing – …
