CFA CFA General What Do You Wish You Were Doing, Instead of Studying for the CFA Exam?

What Do You Wish You Were Doing, Instead of Studying for the CFA Exam?

  • This topic has 19 replies, 9 voices, and was last updated Mar-18 by nassysab.
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    • shannondaily
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      We all have those days, where we daydream of what we could be doing instead of sitting at a desk (…or a couch) studying for the CFA exam. Whether it be a personal hobby, events you’d like to attend, or just spending time with friends & family. What is it that you would like to be doing? For me…I’d rather clean the house or do the laundry than study for the CFA exam. But more seriously, I’d like to be doing is learning how to program or getting to go see my favorite college band who just got back together. I guess I could have asked the question in a way that is more CFA exam like….what are the opportunity costs to studying? Just think of it as motivation for passing. :smiley: 

    • fabian
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      I wish I was recuperating from being overworked, maybe found some gardening, instead of having more work to do on weekends and evenings. Mind you I haven’t really started in earnest yet, so can’t complain too much.

    • shannondaily
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      Are you taking a vacation after the CFA, because I know I sure will! Gardening?! What do you grow?

    • fabian
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      @shannondaily‌ I’m taking the exam in June, so not sure what my vac plans are yet. I’ve just planted some hedges and are thinking of some last minute veggies before winter sets in 🙂

      Are you taking the exam in Dec? What will you get up to after?

    • Maverick
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      Haha, what a great question. I’d be spending more time with the family, taking a holiday from the sand, working less, doing just about anything. But then as soon as level 1 is dealt with, level 2 begins, so I don’t anticipate any break for a while!
      How long do they take to give you the result of the L1 exam? Just wondering how much time I will then have to hammer out L2 after being given the L1 result (hopefully with a positive outcome)…

    • shannondaily
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      IMaverick said:

      Haha, what a great question. I’d be spending more time with the family, taking a holiday from the sand, working less, doing just about anything. But then as soon as level 1 is dealt with, level 2 begins, so I don’t anticipate any break for a while!
      How long do they take to give you the result of the L1 exam? Just wondering how much time I will then have to hammer out L2 after being given the L1 result (hopefully with a positive outcome)…

      I’ve read that it takes them about a month or so to give you the results. So…not much time, unfortunately. I think I may do the June 2015 level 2, but I’m not sure yet. 

    • shannondaily
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      @fabian I will be taking the December 2014 exam. I’m going to learn how to program, maybe start trying to take the June 2015 CFA Level 2, and definitely will be traveling! I’ll be maybe going to New York, but definitely San Diego, Kansas City, Nashville, and Louisville. :smiley: 

    • simply_complex2
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      i’d be in indonesia volunteering! i had to postpone my exam because of the exam #cfawoes

    • malkadhi
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      I wish I had more time to do reading more applicable to the nature of my job. I’ll probably treat myself to a night on the town when I take the exam in Dubai.

    • Pranav
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      @Maverick‌
      @shannondaily‌ 
      one painful month of waiting for the results

    • Pranav
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      @shannondaily‌ 
      any particular reason why you want to learn to program? i know a couple of languages but i dont see how most of them would be of much help…maybe VBA, but the rest are not that helpful in finance field i guess…

    • malkadhi
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      Oh and Dylan’s remastered basement tapes are out! So when I’m also looking forward to enjoying the 6-cd set in all their glory.

    • daedalusbloom
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      @Pranav I’m not so sure about that. There are many statistical and mathematical programming languages that get used extensively in finance, especially in research and more quantitative finance. R, python, matlab, and so on.

      @shannondaily  If you want to learn how to do some programming related to finance DataCamp has high quality, free courses to learn R including introduction to programming and more advanced topics like computational finance https://www.datacamp.com/courses

    • daedalusbloom
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      As to the original post, I wish I was reading, writing, and travelling. Time will come though.

    • jessmat
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      1. Travelling! Such a big world, so many countries to step in to, so many cities to explore,  so many cultures to learn about! 

      ( I am travelling right now as well,  to the world of finance! Such a big syllabus, so many LOSs to cover, so many study sessions to complete,  so many readings to master! )

      2. Learn a new language

      3. Volunteer work

      4. Dance,  sing, karaoke! 

      5. Bake!

      6. Write a novel!

      7. Play angry birds?

      8. Do absolutely nothing. Sounds legit? 

      Haha! So many things to do! 

    • Pranav
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      @daedalusbloom‌ 
      this is a slightly controversial subject, but i stand by the view that matlab isnt really a programming language…more like a software…sure, you have to follow a set of commands to create procedures and functions to invoke them, but quite different from a programming language (in my opinion)
      python is a scripting language, i believe it would be used to invoke programs made using other languages…it wont have direct significance in programs related to finance…although i admit i dont know much of python, so if i am wrong here, ignore my comment 🙂  i know shell scripting (very similar to python) and it is generally used as i mentioned above

      but you’re right, it might help to learn statistical/mathematical programming models if one’s interested in quantitative analyst sort of a role…

    • malkadhi
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      @Pranav I think the neat thing about Python (which is a programming language btw, just categorized as high level as oppossed to Java with uses machine language) is how well it works with other languages, and the huge community that’s behind it. Just take a look at panda, which is a library for Python that’s specific to data analysis. I think what’s important about programming and its relation to quants, is that it gives you the ability to think outside the box in terms of problem solving.

    • Pranav
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      @malkadhi‌ ah ok, thanks for clearing that up 🙂 

    • shannondaily
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      @Pranav It’s for my personal growth and fun more than anything. I’m interested in the Raspberry Pi’s and Arduinos. So, python will be the language I start with. Eventually I’d like to travel the world and not have to work a 9-5 schedule. Programming would allow me to do that best. 🙂

      @daedalusbloom Thanks for the link. I will have to check it out. 🙂

    • nassysab
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      Couldnt resist posting my feeling here – would have been involved in a new job search to see the back of my condescending boss … but the zuckerbergish feeling exists “I am CFA Charterholder, b*&^%”

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