@djriv81
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Up6
Would it not be possibe to pay the early registration fee for the Level 1 in June, and upon passing Level 2 have your registration re-classified as Level 2?
Just a thought…
Up5I would say that you definitely need to put in some extra time, but more than 6 months? There are so many factors that go into your personal study schedule (work, family, kids, other commitments, etc.) that only you can really answer that.
For me, I have teenagers and a full time job, plus some other commitments so I started a little bit earlier, but it’s up to you. Just get a schedule and try to stick to it.
Best of luck
Up5There’s a good article in here that goes over high level chages…
You should also be able to find something on the CFAI website.
https://300hours.com/cfa-curriculum-changes-topic-weights/#level1topic
Up4This will be m second attempt at level 1.
I took the exam a few years ago and my mother passed away in the middle of studying (I should have asked for a deferral).
Ethics and Standards came easy for me. Be sure to read all the vignettes and practice all the questions you can. Right now Schwesser is giving away their QBank and Video Series for free (check recent articles for code) so definitely take advantage of that.
There is also an article somewhere I believe on the order of subjects you should do. I have heard several places that it is best to leave Ethics to the last part.
Hope this helps.
Up3Are you looking to sell?
Up3You were close to getting this one.
Short version is you needed to do 1-0.9641 = 0.0359
96.41% represents the probabilty of selling 12 hot water heaters or MORE. The question calls for 12 or Less.
Always best to draw graphs on these to give yourself a visual.
Up3If they are postponed and you hypothetically pass Level 1 in Feb, do you have to wait until 2022 to take Level 2?
I would hope that CFA would make some sort of exception and offer L2 and L3 in December if they are delayed again.
Up3If it is that urgent you need to call them. See phone numbers below…
https://www.cfainstitute.org/utility/phone-numbers
Up2Hello everyone!
Not new to the site but finally registered as a user.
Preparing for the 2nd time to take the L1 exam in June. However, it has been several years since I first sat for the L1. I am based in Dallas if anyone is interested in forming a group.
Up2On a related note, does anyone see an advantage of the Professional version?
Up2…And now you have an extra 6 months free
Up2Straight from the CFA website. You can attempt twice a year (6 times total) but there has to be at least 6 months in between attempts.
Up2You should be able to find most of the relevant information that you need on the website. I don’t believe that registration is open yet for the Feb 23 exam. This link should help you https://www.cfainstitute.org/en/programs/cfa/exam
I would advise you, however, if possible to take the Nov 22 exam as the fees are going up in 23.
Up1The challenge for me is going to be not trying to waste a whole bunch of time watching all the bowl games this year.
Up1You are still in the safe zone. As long as you dont have any major commottments in the next 4 months you should be fine.
Up1I haven’t seen this mentioned yet, but I am based here in Dallas and the local society on occasion will also have a scholarship. Might be worth investigating if your local society has something similar to this…
Up0Are you trying to stay in Oil and Gas and in Oklahoma?
Dallas and Houston have tons of jobs where you can combine the two. I know there are several hedge funds that trade here in DFW that focus on the energy sector.
Up0Also don’t forget to take costs into consideration. Right now you can register for Feb 2021 at $700 while Dec 2020 is at $1000. Explore the CFA website and make your decision.
Up0Hey Pcunniff,
For Situational Awarenes (SA) I am using the TI BA 2 Plus Professional
If you are getting an error message on calculation of IRR, sounds like you might be forgetting the initial cash outflow of 7 million or forgetting to use the negative sign in the initial outflow. Here are the steps that I take and results I am getting:
[2nd] and [CE/C] (to clear anything prior)Hit [CF] button and type -7,000,000 hit [Enter] then hit [down] twice, enter the rest of the cash flows same way.Hit [NPV] and enter 12 and then press [Enter]Press [down] to get to NPV, then press [CPT]. I get 159,825.98 (rounds to 0.160 million)Press [IRR] and hit [CPT], I get 14.1537 (rounds to 14.2)Repeating process for Project two I get NPV of 205,493.80 and IRR of 13.7009
Hope this helps!
