- This topic has 4 replies, 3 voices, and was last updated Jun-182:45 am by rsparks.
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Up::0
Hi,
i have registered to take CFA level 1 in June 2016 . I would like to know which study material is goodand should one take only study notes + mock tests or should u go for a package with video lessonsas well. -
Up::4
The best material – and one you must read – is the material provided by the CFAI. Study notes offer you shortcuts – which will help you pass L1 – but as you have time till June 2016, why not use the actual CFAI material?
I suggest using the CFAI material for topics you are viewing for the first time, and perhaps use Study Notes for topics you learned in University – E.g. Econ, Quants, etc. If you think you already master all topics then go straight to the study notes (except for ethics) but make sure you still answer ALL CFAI end of chapter questions.
With that said, the more effort you put into level 1, the easier it gets for Level 2. Videos can be quite distracting and burn many precious hours. I would focus more time in answering questions.
Happy studying.
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Up::3
Thanks for the reply @hellomarconi
I will read studying the CFA material and I was thinking of taking the schweser notes along with question bank and practise test along with it. I just want to make sure I don’t get left behind in my preparation .also I wanted to know if I should buy Texas instrument BA II plus or BA II plus professional . The latter is more expensive but is it worth the difference?
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Up::3
I own the BA II Plus and Professional. The professional has a much easier battery change on the back of the calculator and sturdier buttons (press with confidence). With the normal Plus you will have to unscrew four screws to replace the button. The professional, you dont need a screw driver at all.
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Up::1
Good plan.
The professional feels and looks much nicer, and worth the extra couple dollars in my opinion. Functionality-wise they are both much the same – extra features in the BA Pro won’t help you in L1 exam.
As an advise, try to focus more on the understanding of concepts rather than the number crunching. Sometimes the theory can go long ways E.g. If a question asks you to calculate Delta for a Put Option, sometimes just knowing that it has to lie between 0 and -1 gives you the best answer.
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