I started preparing for June 2013 since last week in january but I am so confused. Thanks and congrats about your 18 months! Long hours were the norm, but it wasn't an issue yet for a bright-eyed, young and energetic Economics graduate. On worst case scenario, I even clock the same number of hours or more on weekends. Chris 2003-08-07 14:09:51 I certainly agree with drcfa. For example, someone who owns wheat can sell a futures contract to protect against future price declines. Answer: B Explanation: Percentage of completion results in the same cash flows and income over the life of the contract. Now I read the actual text and understand before reading study notes and that is more effective.
I blam jen217 and tinaa for all my failures. Thanks for your kind words, I wouldn't say I'm a super genius, but it's about managing your time well and making sure you are getting most out of the little study time I have - will write about those in the next posts. But it's not impossible, its when you don't try at all that gives you a 0% chance. In any case, the curriculum has additional practice questions which is never a bad thing! Also I think you should disclose in this article that you are a super genius if you managed to do Level 1 without weekday study and just doing the practice questions. But for the amount of money Schweser charges, you're better off combining cfacenter with the books. I work in an investment bank and I easily spend a minimum of 12 hours a day in the office!! Now that's a creature of habit! Dinners and social outings were reduced just the 4-5 months before exam.
It also seems like you are having some time management problems when you mentioned that 1. All you can do is study and work hard. I registered for Level 1 last week. Then you can learn and practice it. It pays dividends in the long run.
Greg 2003-07-29 18:59:09 I used Schweser notes and took Schweser courses, and I failed. Study whatever guides you want, or none at all, but make sure that you know most of the material that's covered in the official syllabus. It's just too much to read. No more today andylilybo 2010-01-23 18:03:01 Hello,my name is andy! Effort is still required and there are no shortcuts to getting this designation. I want to see how bad it is.
Practice here on analystnotes or shell out 100s for Schweser or whatever if it makes you feel better. Kind of feel like I am trying to dig myself out of quicksand here as the more I push forward the more old stuff I forget and have to do again. Best to allow at least 1 month prior to exams to focus on this bit as you will always discover new areas that you need more work on. I hope you all found these useful, let me know if you have any thoughts or questions in the comments below! Good luck tennis09 2008-03-20 07:18:59 Schweser's questions are too easy and are nothing like the actual 3 in 1 questions you will face on exam day. I thought Schweser was good. Hi Francis, Indeed 2 months is barely enough for revision no matter how well versed you are in finance - as a lot of it is practising and making sure you are quick and accurate at the same time with calculations. This was a feat I miraculously to me, anyway managed whilst working full time in corporate finance.
Author Post Topic don't use schweser! I want to see how bad it is. How did you memorize stuff for the exam? I did Level 1 also just using reference books, Schweser at that time. I hope I pass this time Pinoyquant 2005-10-11 20:24:33 Is there anyone here who is willoing to send me a pdf copy of the schwester study notes? I also prefer quieter surroundings, such as a library. There are more than enough good study notes providers. Stop complaining about notes providers and focus on your study.
I want to take it again in une and want to do it right this time. Let's face it, accountants and lawyers have their prestigious qualifications, but not bankers and management consultants. Oh, and never, never, ever give up - it's the spirit of 300 Hours team ; I have registered for cfa level-1 in june 2013, I would like to ask that what percentage numerical questions are in cfa and what percentage theoretically questions are tested? Thanks nova Hello Nova, Well done, that's an early start for June 2013 Level 1, keep up the good work! I felt the questions on the exam were much harder than those in the schweser prep materials. Hi Sophie, I was wondering if you could divulge your exact study strategies that you used to pass level 1. While I am not here to criticize Schweser notes for being poor and so forth, I attribute my failure to pass the exam on both occassions to 2 major factors i.
So, anyone read it, must have previous background in finance or accounting and economic. Please what reading plan and material should I adopt. You already work in a bank although not your desired team yet , but you should use this opportunity to network and basically find out current opportunities to switch to the team you want. You need to know what study style is more effective for you: self study or classes. It's no big secret and never will be, just some careful planning and disciplined hard work, interspersed with. Did you make paper notes or flashcards or anything like that? Teaching well is an art.
What do you think about schweser notes in etchics? I am deeply grateful to Arif and his excellent Team for their support. Finally, for the last one month I worked out more and more questions from other sources as well. ! The Schweser notes are just, as what they say: notes. I hope also wrote some thread in this forum, if you have time, welcome to make friends Whit me, I am very appreciated that you can share your idea with me. What would your bank think of someone in my position? However I have a 2. I only discovered this in my practice exams period 1-2 months before exam date and had to scramble to take it a little more seriously then. Sophie Hi Sophie, remember me? There is no point in regretting for the past.