tolstoi

tolstoi

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  • Avatar of tolstoitolstoi
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      • CFA Charterholder
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      As first time passer – to pass first time, you need to do all the practice exams (10+), EOC questions and Schweser questions. You also need to redo the ones you got wrong a few times afterwards. Plus carefully go through box examples in book (they test you on that). Oh and know everything in the official books, as they really like to test obscure bits at CFA. And I have no idea how the written part of L3 is marked, its odd.

      At L2-3 its way more than 300 hours to be certain of a pass. At 300 hours, you’ll probably fail unless you’re lucky or seriously good (and not unlucky).

      Ethics – it scares me how people find it hard. Each question can be answered if you ask yourself: “what would a decent man/woman do / not do?”. I found it was free points.

      Avatar of tolstoitolstoi
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        Oh come on, its L1, if you have any finance background (which I guess an MBA is), then its doable in 3 weeks if you don’t work (thats what I did very comfortably as was unemployed) or about 6 if working full time.

        EOC + Schweser practice + Mocks + Past Papers. Rince, repeat. Don’t even bother reading the CFA books as way too much irrelevant text, that doesn’t get tested in the exam (esp. quantitative methods)

        L2 is the monster, which I don’t think would be possible to do under those circumstances, unless you’re a mad genius.

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