CFA information session for Level 1 candidates

This is an "ask me anything" session for current and prospective Level 1 CFA candidates.
What do the new changes mean for 2024 candidates
How soon should I begin for Feb 2024
How do the changes affect 2023 candidates
...and whatever you may want to ask me.

[@lechoixdelalumiere8964]

Thank you Mark for your guidance and advice. Your speech and approach echo very much at this very moment in my life. You make the finance area so vivid and alive, so captivating. I would have appreciated teachers like you during my graduation. So thank you again for this valuable session. 🙏

[@Plmxns]

It's a big luck to find a teacher like Mark, a teacher in a wide meaning of that word. Thank you for your work.

[@noutubenamesleft]

This is so much knowledge thank you, know where I’ll be getting my 2024 material, thanks.

[@kevinsmit432]

Hi. Thanks for the video!

[@user-cc6dg7sv8i]

Dr Meldrum- I just have to say you are an absolute legend

[@raviranjan7564]

Love it The way he explained all the things ❤️Hard to find a teacher like him ❤️I m from India and No one coaching is available near by my home I was frustrated after that someone told me about mark sir 🥺

[@gatsbyliu1084]

who else listening to him while copying formula sheet and vocab for memorization? I am down and lettsss GOOOO

[@warrenbuffett3420]

What is the applied series? And do I need it for my level 1 ?

[@jordanchow8689]

Hi Mark, thank you for your sharing, also thinking about going for level 1, it’s Sep 21 of 2023 now, is may 2024 a realistic target for me and assuming 1-1.5 hrs of study mon-fri?

[@chadieltahan7436]

Thank you so much Dr. Meldrum for the informative sessions. Unfortunately I couldn't attend live due to different time zones here in Beirut. I am studying for level I and enjoying the journey. I am relying on the CFA to be my bridge to break in into the industry since I hold a bachelors in political sciences. I finished my CMA, last year so I am okay with many of the readings. Now I have an opportunity to do a masters in finance co-branded with SDA Bocconi (among the best business schools in Europe), and I am offered a 50% scholarship (remaining cost is around 7k). It's a very flexible program in terms of time requirements and assignments. Do you think I should do it in parallel with the CFA program, to better bridge that gap or the CFA would be enough? Thanks again.

[@AN-jb7dc]

Were you working in financial management area to qualify for CMA?

[@chadieltahan7436]

@@AN-jb7dc Yes. My Bachelor's + previous experience got me into an international organisation as Admin/Finance Officer and from there my work was mainly accounting and financial management.

[@harshadgandhi1]

​@@chadieltahan7436 Did you study CMA US ? And what materials did you use ?

[@dawnpage11]

By chance were you in San Diego in march ?- I believe we met at the airport

[@Alpha-kv3ou]

Can anyone pls help, is doing the CFAI LES questions and a couple of mocks enough practice??

[@aaronc1689]

I’ve been diving into the Free 2018 Content - is it relatively similar to the 2023? I recently had a career change and am still gauging my schedule to see if I can take Nov 2023’or move to Feb 2024 L1 exam. Thank you

[@pjrock1463]

Hello Dr. Mark, I am a CFA level 1 candidate registered for May 23. Can you please guide me what material should be used for revision and also how to practice more questions apart from CFAI LES? Thanks in advance

[@kag3220]

Hope you passed bro

[@thevillager4896]

Thanks Mark. Would like to get your opinion on whats the minimum recommended duration to study with your Level 1 materials before taking the exam?

[@MarkMeldrum]

That depends on the person - some require more time, some less - so since I know nothing about you, using an average of 300 hours - either less than 300, about 300, or more than 300.

[@purpleblush7106]

please help me. how do I learn FSA with no prior bg in finance / accounting. i am really struggling to grasp this particular topic.

[@thatfearlessguy]

Hey Mark, I am reading Schweser Notes for L1 and at the beginning of the Economics part, it asks us to read the 3 assigned readings from the CFAI as prerequisites for Economics Level 1website for people like me who are completely new to the subject... I DON'T SEEM TO FIND THEM ANYWHERE ON THE WEBSITE.. COULD YOU PLEASE TELL ME WHAT THEY ARE AND WHERE I COULD FIND THEM?

[@MarkMeldrum]

Not sure where on their site they would be. If you have access to my site, the pre-reqs are in video. If not, register for fee access, and it is the first 3 readings in the 2018 micro folder.

[@thatfearlessguy]

@@MarkMeldrum Got it.. Thanks a ton! Also are the Schweser notes completely enough to cover everything for the exam L1? Afterall its a shortened version (Notes) of the whole curriculum. I won't be missing out on anything, right?

[@MarkMeldrum]

Free

[@thatfearlessguy]

@@MarkMeldrum Got it.. Thanks a ton! Also are the Schweser notes completely enough to cover everything for the exam L1? Afterall its a shortened version (Notes) of the whole...

[@MarkMeldrum]

With a move to the module approach, the CFAI readings are already condensed - no need for Schwesser. All you need will be in the CFAI Learning Ecosystem.

[@mohammedaa7973]

Hi Dr.Mark Is the CFA cruucluim is enough to study it well and pass CFA l 1? If I am good at math and accounting and finance ,then the digital pdf CFA material is enough for me or not ?

[@MarkMeldrum]

Yes. Plus my stuff - don’t forget me in all this. 🤑

[@RapaicizKucica]

Hi professor, do you recommend studying for February 2024 L1 via CFAI books or some prep notes, like Kaplan, I really enjoy your content

[@MarkMeldrum]

You get all the written content within the learning ecosystem with CFAI - no need for Kaplan books.

[@user-tg7ei6tb9x]

@@MarkMeldrumis it not the case Mark that the books by prep providers are written in a much more digestible way and simply things? Thoughts appreciated thanks

[@sjamiljahangir]

Watching Mark's video alleviated my anxiety about the exam.

[@chipmoffatt7748]

I was surprised to learn that the print curriculum has to be purchased separately from the registration fee. Historically the print curriculum was included.

[@MarkMeldrum]

You do get the curriculum in digital form with your exam fees. The exam and q-bank pack also includes the pdfs.

[@ashugurtoo4835]

Gm sir ji

[@mdcarillo]

Thinking about going for level 1, it’s august of 2023, is may 2024 a realistic amount of time to study assuming 1-1.5 hrs of study mon-fri?

[@MarkMeldrum]

it is.

[@dannyalexander2775]

Hahaha the grandparents analogy was so good. Make me laugh so hard

[@solomonshabat4542]

What is the passing ratio of CFA sir Mark Meldrum Students anybody else told me? Thanks

[@hardikdhawan6369]

I am planning to give Feb '24 exam. when will your video lectures for that cycle release?

[@MarkMeldrum]

May 16

[@hardikdhawan6369]

@@MarkMeldrum Thanks!

[@atangbingana283]

Can anyone do show notes?

[@axepog]

which was the book he mentioned regarding value investing

[@MarkMeldrum]

books.apple.com/ca/book/security-analysis-sixth-edition-part-i-survey-and-approach/id529730788

[@MarkMeldrum]

books.apple.com/ca/book/the-intelligent-investor-rev-ed/id363689140

[@pranavjain9376]

Are the pre requisites covered in the 2024 lectures ? Or do we have to do them ourselves ?

[@MarkMeldrum]

They are in there - yes.

[@sumanthasaha7207]

Hello Dr. Mark, since you won't be teaching Modelling until Aug'24, can you suggest me some resources for learning Financial Modelling.

[@Arjun-xg2eg]

Planning to give exam In Feb 2024 . Is the course updated with updated syllabus

[@MarkMeldrum]

It is and will be released May 16.

[@Arjun-xg2eg]

@@MarkMeldrum thanks man looking forward any early bird discounts ?

[@jainamsanghvi7998]

Hi, if I get above 70% in questions from your question bank, is that good enough? Or should I aim for higher? Thanks!

[@MarkMeldrum]

Always aim higher.

[@aalucyaf-zp5ut]

Countries with mixed policies more oriented to the common good tend to be the highest rankings in income, well-being, investment climate, and happiness. Finland and Norway are paradizes compared to the corporate-owned United States whose society is literally sick, dying and miserable.

[@almedali9910]

Hi boss, Are your KZbin lectures are enough for CFA L1, as i am planning to start it ASAP. Please guide?