CFA CFA Level 1 what to know before studying CFA

what to know before studying CFA

  • This topic has 4 replies, 3 voices, and was last updated Aug-17 by Conman89.
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    • Conman89
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      Hey guys As I said before in my introduction post I am terrible at tests so I am putting off the CFA exam till june 2015 and am starting my studies now because I need to know this stuff like the back of my hand to pass. I am getting out with my MBA in may and my question what should I study before i even start to study for level 1? Derivative? Present value? Future value? Closing and cash flow tables? These are things I learned in my MBA program? Are these things that are on the test or things that will help me lead in to what is on the test.

      thanks

      CM

    • CFAcharterwannabe
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      @Conman89 the things that you have mentioned in your post are pretty much a part of the curriculum. so if you know about ’em already that’s good. This will be a major help. I think the material in the CFA curriculum is pretty explained so you don’t really need to prepare for anything separately or before hand. From my knowledge, the CFAi books are pretty detailed. Anything and everything you want to know is explained in a lot of detail so you don’t need the extra effort to go through other material before starting your studies.

      This is the main reason a lot of people, including myself, use third party material to prep for Level 1. Saves time and helps you skip over the overly detailed material in the CFAi books. So hopefully that answers your question. And good luck with your MBA and CFA studies when you start ’em.

    • Conman89
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      @Conman89 the things that you have mentioned in your post are pretty much a part of the curriculum. so if you know about ’em already that’s good. This will be a major help. I think the material in the CFA curriculum is pretty explained so you don’t really need to prepare for anything separately or before hand. From my knowledge, the CFAi books are pretty detailed. Anything and everything you want to know is explained in a lot of detail so you don’t need the extra effort to go through other material before starting your studies.

      This is the main reason a lot of people, including myself, use third party material to prep for Level 1. Saves time and helps you skip over the overly detailed material in the CFAi books. So hopefully that answers your question. And good luck with your MBA and CFA studies when you start ’em.

      Thanks Good to know I have already covered a few things and they will mainly be review for me.

    • Sophie Macon
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      Just a thought @conman89, I think if you want to start preparations, after May, you should try for Dec 2014 exams. Studying so early in advance may burn you out earlier which wastes your efforts. Yes you should start early, but 1 year in advance may be a little too long?

    • Conman89
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      Just a thought @conman89, I think if you want to start preparations, after May, you should try for Dec 2014 exams. Studying so early in advance may burn you out earlier which wastes your efforts. Yes you should start early, but 1 year in advance may be a little too long?

      Thanks I have considered that and if I think I will be ready I will do that But I am giving myself extra time. I am use to overstudy won’t burn out if I have to go to 2015. I test bad especially on math so like I said I just need to know this stuff real well.

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