- This topic has 5 replies, 6 voices, and was last updated Jan-1811:59 am by DigitalWizard.
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Hi there,
I’m finally getting serious about wanting to take the CFA, however my math skills have always been my extremely weak spot and given that I haven’t been in school for over 10 years, I feel I’m going to need to take some CFA math primer classes or courses before even cracking open the books. Is there anything you can recommend as a prereq math course?
Thanks so much
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i don’t think you need a lot of quant skills for the CFAs, i personally majored in actuarial studies. i very rarely run into anything in the quant methods section that requires anything more than basic high school maths, with that being said, a lot of the concepts i.e. downside variance, etc are a lot easier to understand as i’ve done it in actuarial.
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– I suppose most of us were exposed to Prob, Stats, and Algebra in High school. However, if you have a weak spot there, then reviewing the algebra will go a long way to managing all those equations and how to manipulate them to get what you need out of it.
– The study material seems nearly identical to an Intro to Prob and Stats class I had.
– In addition, get some training on using the calculator, while you will still need to know the underlying concepts of the topics to know what to do, it seems to save a lot of math computation time if you can use the Finance calculator correctly during the exam.
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