How I Passed all 3 CFA Exams on the First Try - Now What?

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Straight Talks - AJ Srmek

Straight Talks - AJ Srmek

Күн бұрын

Пікірлер: 457
@pejpm
@pejpm 4 жыл бұрын
I passed L1 and L2 first time, but skipping L3 this year as we just had twins. My advice to all L2 candidates is to not be intimidated by it, it’s really not that bad. I didn’t go to college/uni, and I can barely do basic algebra, and I passed. It’s challenging, but it’s like a marathon, it’s all about the preparation. Anyone can do it if they have a plan and stick to it.
@aritrasaha3286
@aritrasaha3286 4 жыл бұрын
How can you skip a level? Like do you need to inform the institute about the same or we can take level 2,3 as and when we like. The thing is I need CFA level 1 as a resume point but feel that level 2,3 is not my immediate need. Please help.
@pejpm
@pejpm 4 жыл бұрын
Aritra Saha you can take it whenever you want. I did level 1 in 2017, and level 2 in 2019. I met one guy who did level 2 in 2011 and level 3 in 2019. Level 1 is useful for your resume, but it won’t make much difference. If I saw someone who did level 1 only and didn’t go any further, I’d question it.
@AsianRailgun
@AsianRailgun 4 жыл бұрын
@@vivivi14 work experience i assume
@lifes3ps
@lifes3ps 4 жыл бұрын
L2 seemed the toughest to me. passed all 3 on first try, but i was most distracted then (studied in vegas/played poker) (fwds/currencies blow). advice on lvl 3 is to spend extra time on the essay qs in study. you can pick up on a bunch to use on MCQ.
@pejpm
@pejpm 4 жыл бұрын
Victor Rivera no, work experience can suffice. I’ve got 20 years in the industry.
@CyanideShock
@CyanideShock 4 жыл бұрын
As Don Draper from Mad men said "What is Happiness? A moment before you need more happiness". With anything in life, the future will always be more exciting than the past.
@i123456987654
@i123456987654 3 жыл бұрын
i love how you pointed out that you were consistent with studying 3 hours every day and stuck with your schedule...like you easily could have only studied for an hour and a half and then went out with your friends but you didn't do that...it's great work ethic you got there and congrats!
@meshewang
@meshewang 4 жыл бұрын
Man I’ve been thinking to do the cfa for a while now this is some motivation. Congrats
@pastordonkoh7692
@pastordonkoh7692 4 жыл бұрын
have you come to a decision? similarly here. Thinking of just jumping because anything corporate finance/financial manage was a glide but this thing scares idk
@Nightingale671
@Nightingale671 4 жыл бұрын
Do it girl! I’m planning on doing it too once I graduate uni 🙌🏾🤞🏾🙏🏽
@Sco2b
@Sco2b 3 жыл бұрын
Let’s get it!
@anikawall7525
@anikawall7525 3 жыл бұрын
Just passed cfa level 3 and here to encourage everyone that nclex is not as hard as assumed, just work smart and you would pass
@tariqlee3238
@tariqlee3238 3 жыл бұрын
Congratulations
@kylesmith6708
@kylesmith6708 3 жыл бұрын
Any tips please
@anikawall7525
@anikawall7525 3 жыл бұрын
@@kylesmith6708 To be frank I wouldn't have passed without the help of Mr riq whom I linked up with on what$ap, can't stop thanking him
@lobozjane8397
@lobozjane8397 3 жыл бұрын
It's my first time am so scared right now
@chaimaawad5759
@chaimaawad5759 3 жыл бұрын
@@anikawall7525 Wow I've heard so much about he's good works but has not been opportuned to get him what's he's what$ap number please
@denissouza94
@denissouza94 5 жыл бұрын
Congratz, man! Just started my studying journey. June, 20 here I go!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 5 жыл бұрын
best of luck man. it feels like it wasn't that long ago I was just starting, but it also feels like ages ago at the same time. Weird.
@denissouza94
@denissouza94 5 жыл бұрын
Straight Talks lol 😆
@colbygillies8896
@colbygillies8896 4 жыл бұрын
Hey man hope you heard, June has been delayed to Dec due to coronavirus. Sorry for the bad news. Best of luck!
@durveshkulkarni2247
@durveshkulkarni2247 4 жыл бұрын
@@colbygillies8896 I think they haven't posted the postponed date yet. I might be before Dec, I guess! B'coz they emailed as they will be notifying not later than last week of May and are trying to reschedule it ASAP. They did not mention that it will be held in Dec. But I just hope that delay would not effect it to Dec. What say?
@AsianRailgun
@AsianRailgun 4 жыл бұрын
@@durveshkulkarni2247 It was mentioned the earliest possible date is during December.
@jordanlambert3063
@jordanlambert3063 4 жыл бұрын
Very well articulated. I passed level 3 in 2019 and then received my charter. And i feel exactly the same way.
@proinvestors954
@proinvestors954 4 жыл бұрын
So were u able to secure a high paying job/dream job?
@asadnayani4724
@asadnayani4724 4 жыл бұрын
Congratulations 🎉. I cleared level 3 back in June 2017 and gave level 1 exam in Dec 2015. I know the feeling of clearing all of them in the first attempt.
@TameemDalvi
@TameemDalvi 4 жыл бұрын
Bro can you share your contact details
@TameemDalvi
@TameemDalvi 4 жыл бұрын
I heard that every level has importance unlike CA. If you clear level 1, you will be likely to get job level 1 exam basis. Is it true?
@naturalgodgaming21
@naturalgodgaming21 4 жыл бұрын
@@TameemDalvi yup
@GradyCool
@GradyCool 2 жыл бұрын
Congrats
@ike45mc
@ike45mc 2 жыл бұрын
I am glad that I am having the same mindset as you. 146 days left right now before the test. I don’t think I am going to pass the first time, but I think one of the things that people don’t realize is that most people AREN’T meant to pass the first time. I have 6 tries for each exam. The difference between the guy who quits the CFA and the guy who has one is the guy with the CFA shows up 6 months later pass or fail and is ready to go take the next test. That’s exactly why I am taking this exam.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 2 жыл бұрын
Best of luck studying!!!
@quantgeekery6358
@quantgeekery6358 2 жыл бұрын
From November to June is 8 months. 3 hours/day, 6 days a week (18hrs/week). 4.25 weeks/month 76.5 hours/month 8 months 612 hours to reasonably prepare for the CFA. That makes sense. People that pass the first exam usually retook the exam, which meant they studied for 600 hours instead of 300.
@FinancialAnalysisTJ
@FinancialAnalysisTJ 2 жыл бұрын
I passed L1 in May on my first attempt! 38% pass rate and just below the 90th percentile. Really appreciate your videos. It really helped me in choosing to pursue the charter.
@cameronmountain9644
@cameronmountain9644 4 жыл бұрын
Damn I passed level 3 in June 2019 and I feel that emotion of people congratulating you but not really knowing what you went through. I’m in a similar situation. 48 months in May 2020 and I can’t help but feel underwhelmed so far. :/ hopefully that changes when I can hang that big ass charter on my wall
@JC-ce8uw
@JC-ce8uw 4 жыл бұрын
Would u Recommended sitting the CFA if you don't know exactly what you want to do later on in life after university?
@cameronmountain9644
@cameronmountain9644 4 жыл бұрын
@@JC-ce8uw No I would not. You have to be borderline obsessed with passing. At a minimum you are looking at 900 hours of study and thousands of dollars in costs. I have friends who have finance degrees that "wanted" to pass the CFA but were not obsessed. They failed level I or passed level I and then gave up. If you truly don't know what you want to do, I would say your money and time are better spent elsewhere.
@pearlmnyebeleza3231
@pearlmnyebeleza3231 4 жыл бұрын
Hello, I need advice on how to start with the whole process of enrolling or registering and where to get past papers to practice with?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
@@JC-ce8uw no! It could be a big waste of time if you aren't going to work in finance.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
@@pearlmnyebeleza3231 You should just use the resources on the CFA website.
@adriansyliangco6820
@adriansyliangco6820 4 жыл бұрын
Great insights, and congrats! Currently a L2 Candidate for this December 2020 hoping for the best haha
@심유선-r3t
@심유선-r3t 4 жыл бұрын
cheers!!😄
@coenraadscheepers7323
@coenraadscheepers7323 3 жыл бұрын
Congrats brother. Know its been a while since you have passed, but it remains a great achievement... Planning on getting started with my 620 hours this coming week. Wish me luck.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 жыл бұрын
You got it, Coenraad!
@GradyCool
@GradyCool 2 жыл бұрын
Best of luck!
@darkfeeels
@darkfeeels 5 жыл бұрын
As a level 1 candidate who is giving the exam this December, it's nice to hear your perspective on this. Shapes up my expectations
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 5 жыл бұрын
hope you did well!
@darkfeeels
@darkfeeels 5 жыл бұрын
@@straighttalks-ajsrmek323 I did! I passed my level 1 in first attempt. Now I'm taking a break now for level II, going to complete my bachelor's this year then give it in 2021. Is there any advice you'd like to give?
@Shazam_575
@Shazam_575 4 жыл бұрын
@@darkfeeels See you in 2021 for Level 2! Following with regards to any advice for Level 2
@lucianfuller5554
@lucianfuller5554 4 жыл бұрын
Great Job Man. Congrats! Way to go.
@yaminiswingtrader
@yaminiswingtrader 4 жыл бұрын
When I was 23 I did a lot of useless crazy stuff like hanging out with friends and working in films.. now I'm 32 and I'm considering doing cfa all levels, I'm just not sure if working in a different country as a cfa is worth it. I'm currently trading full time in stocks in the Indian markets. Not sure if doing cfa and moving to a better country like canada or usa(my sister lives there) is the right thing for me. I'm really happy that you achieved this at such a young age. Really happy and proud of you. Congratulations man.
@SpaceForce786
@SpaceForce786 4 жыл бұрын
Hey I'm from the UK Also turning 32 this year and just started cfa level 1 studying full time! Hit me up if you want to connect over course material
@brnin1977
@brnin1977 4 жыл бұрын
@@SpaceForce786 ,hi I'm 42, giving my level 1 in Dec 2020
@RaghvendraSingh-hl9ww
@RaghvendraSingh-hl9ww 4 жыл бұрын
@@SpaceForce786 hey I am preparing bat the moment for level 1.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
32 is still young! If you want to work in finance I say go for it.
@yaminiswingtrader
@yaminiswingtrader 4 жыл бұрын
@@straighttalks-ajsrmek323 I enrolled a while back. I am going for it. I keep telling myself, life is all about making mistakes so we know how to do things the right way. Thanks a lot for all your encouragement. This means the world to me.
@HowItHappened
@HowItHappened 4 жыл бұрын
Thanks for sharing your views on this
@Mkulor
@Mkulor 4 жыл бұрын
The only reason you, or any other person does not feel excited is because you have levelled up.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Haha i like this theory!
@varaddixit5279
@varaddixit5279 Жыл бұрын
I like you're honest, I wish you all the very best. I am having level 3 CFA next week exam. :)
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 Жыл бұрын
Thanks! Best of luck on Level 3!!!
@anthonybrown8920
@anthonybrown8920 4 жыл бұрын
I am confused about the dislikes......I guess those are the people who thought you were going to give them some magical answers that would help them to pass.....
@ThePsykopath
@ThePsykopath 4 жыл бұрын
it's been 6 months since u cleared cfa so I'm wondering is it helping u career wise or are u still stuck at the same job u were doing before
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I can make a video about this!
@ibrahimsmasood
@ibrahimsmasood 4 жыл бұрын
@@straighttalks-ajsrmek323 please do as I've just started my journey.
@rithikmanoj
@rithikmanoj 4 жыл бұрын
Congrats bro, i look forward now to one day soon do a video like you do now after passing level 3
@trochetiaboutic5278
@trochetiaboutic5278 4 жыл бұрын
Thank you for sharing your experience that is really encouraging, I appreciate when people share their experience and encourage others, thank you -rook
@GradyCool
@GradyCool 2 жыл бұрын
🔥
@tarun.t
@tarun.t 4 жыл бұрын
Congratulations!!!
@babubala8212
@babubala8212 4 жыл бұрын
Great, congrats man.
@geniusmonkey4080
@geniusmonkey4080 4 жыл бұрын
Thank you so much for being so humble :) It is a great life lesson.
@claudiapastorahdez6177
@claudiapastorahdez6177 4 жыл бұрын
Congratulations 🎉🎊🎈🍾
@lionelsukhram9786
@lionelsukhram9786 4 жыл бұрын
Claudia Pastora Hdez do you want to study for CFA together? I’m in NY
@claudiapastorahdez6177
@claudiapastorahdez6177 4 жыл бұрын
Lionel Sukhram I would be happy to, trust me. The thing is now I am doing a Masters in Accounting and working full time. I hope to continue doing the CFA when I am done with the CPA. I did already pass L1 of CFA.
@claudiapastorahdez6177
@claudiapastorahdez6177 4 жыл бұрын
Lionel Sukhram I would be happy to, trust me. The thing is now I am doing a Masters in Accounting and working full time. I hope to continue doing the CFA when I am done with the CPA. I did already pass L1 of CFA.
@lionelsukhram9786
@lionelsukhram9786 4 жыл бұрын
Claudia Pastora Hdez okay no problem, I need to take Level 1 CFA in December anyway
@hzhuhugo
@hzhuhugo 4 жыл бұрын
I cannot believe that the video was about how you felt after you past ...yet well done! And setting a realistic expectations for me if I am ever gonna pass it. Now I have to watch your other videos now haha
@GradyCool
@GradyCool 2 жыл бұрын
Absolutely!
@hzhuhugo
@hzhuhugo 2 жыл бұрын
@@GradyCool Now I passed 2 levels both in the top 10%! Great to see my resolution 2 years ago coming true!
@GradyCool
@GradyCool 2 жыл бұрын
@@hzhuhugo congrats!
@hzhuhugo
@hzhuhugo 2 жыл бұрын
@@GradyCool thanks man!!!
@satishkumarnedungadi2594
@satishkumarnedungadi2594 4 жыл бұрын
Great effort and congrats.
@realmillennial9732
@realmillennial9732 4 жыл бұрын
congrats! Right now I am studying for Level 3. I recently uploaded a video on my experience with levels 1 and levels 2!
@sharonrose458
@sharonrose458 4 жыл бұрын
Congrats❤❤
@saadamjad3294
@saadamjad3294 3 жыл бұрын
Congratulations 🎆👏
@luvomahlasela383
@luvomahlasela383 4 жыл бұрын
Hey man Congrats on passing your CFA tets!!! I'm an accounting student from South Africa, currently doing 3rd year in university and I'm suffering from a burnout... To honest im repeating this year 'cause I failed in my first attempt but my second attempt doesn't seem to be getting any better... Any advice?
@96mrinav
@96mrinav 4 жыл бұрын
Give it hours and do plan it out. Give weekend to go back to what you have learnt. It'll help retain whatever your studying Just going through material isn't enough, since it's such a vast material you probably won't be able to retain it. So revision for me is the key and maybe for you too Good Luck for December
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Good luck Luvo. The best advice I can give you is to study more hours than last year.
@unknowingreaper6556
@unknowingreaper6556 4 жыл бұрын
Really see if accounting is what you want to do.
@tellurium96
@tellurium96 4 жыл бұрын
I am from accounting as well, hated it to the core but you gotta get out ASAP by passing!! If you don't pass, you can't get out of this accounting hell hole!
@GradyCool
@GradyCool 2 жыл бұрын
Just stick with it and be persistent
@benjaminwhitaker2861
@benjaminwhitaker2861 4 жыл бұрын
Great video!
@pamiluyemi2234
@pamiluyemi2234 4 жыл бұрын
Congratulations!
@shifasshifzz3687
@shifasshifzz3687 4 жыл бұрын
Congrats brother ♥️😍
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Thank You!
@jennyunira4927
@jennyunira4927 4 жыл бұрын
How I wish I could nailed it too. I just bought the books and thinking to register for level 1 this coming Dec2020,. Congratulations!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Best of luck mate.
@margaretmacharia8320
@margaretmacharia8320 4 жыл бұрын
@Jena do you have the notes
@raza8822
@raza8822 4 жыл бұрын
Congratulations by the way. !!!
@mudrawealth2553
@mudrawealth2553 4 жыл бұрын
great job ,congrts
@balrajs
@balrajs Жыл бұрын
As a Charterholder for 10 years, i can tell you that most of your return is ahead of you.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 Жыл бұрын
Good to know, thank you!!!
@slavakolesov1107
@slavakolesov1107 5 жыл бұрын
Congrats. Nice video. Thanks a lot.
@GradyCool
@GradyCool 2 жыл бұрын
I think a lot of what you said in this video is very true. Hours in is a powerful tool. If anyone is looking for more first hand experiences with the CFA, I just made a video about why I chose to the CFA and what my journey has been like.
@AndrewL31413
@AndrewL31413 4 жыл бұрын
Thanks for the video. What I got out of it is, if you put in the time, you can do it. It might be 300 hours, might have to be 600. But you can do it.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
This is pretty close to my opinion, but watch my video on IQ.
@rushabhdugad98
@rushabhdugad98 Жыл бұрын
Hi AJ, I wanted to let you know that I cleared CFA level 3 this February. I love your content because it is genuine and relevant. I also wanted to point out that the title of your video should have been "The 2023 Level 3 CFA Exam Had the Highest Minimum Passing Score EVER!!" The current title is misleading because one word can change the meaning of the sentence. Could you please rectify the title for the viewers?
@MMAjsf7
@MMAjsf7 4 жыл бұрын
Gangster! This is a goal of mine.
@anujanthiru6978
@anujanthiru6978 3 жыл бұрын
you speak nothing but the truth big brother
@jayjayf9699
@jayjayf9699 4 жыл бұрын
What job are you doing I’m looking to start my journey , I’m not currently not working
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I will make a video on this topic
@sithabilendlovu9008
@sithabilendlovu9008 4 жыл бұрын
Am currently looking for a job as well as am doing my last semester for my Financial management.
@rasheednarejo5941
@rasheednarejo5941 4 жыл бұрын
Me, my sister and my brother have all passed all CFA levels in first attempt. Feels good but nothing extra ordinary.
@irtizakhanutmanzai5891
@irtizakhanutmanzai5891 4 жыл бұрын
Do you have study notes?
@rasheednarejo5941
@rasheednarejo5941 4 жыл бұрын
@@irtizakhanutmanzai5891 I passed in 2005. My sister probably passed in 2009-10. My primary method was to do 2-3 readings minimum of syllabus by the time of exam. For level 2 and 3 better start 6-9 months in advance. Divided syllabus into 3 categories - Easy, Moderate and Hard. First round only focus on Easy and Moderate. If you end of finishing 3-4 months before exam then dedicate some time to hard part. Last 3 of 4 months do a more comprehensive revision. And last 1 month do 1 more revision. If possible, do a very quick revision in the next last 1-2 weeks.
@irtizakhanutmanzai5891
@irtizakhanutmanzai5891 4 жыл бұрын
@@rasheednarejo5941 I'm doing MBA in finance rn, would it be a wise option to op CFA along MBA?
@irtizakhanutmanzai5891
@irtizakhanutmanzai5891 4 жыл бұрын
@@rasheednarejo5941 what do you suggest should I go for CFA & MBA separately or I should continue with what I'm willing to?
@proinvestors954
@proinvestors954 4 жыл бұрын
@@rasheednarejo5941 so what are your siblings doing now are they successful in their careers in wealth management or this cfa degree doesn't hold any weight?
@johntrolle8935
@johntrolle8935 4 жыл бұрын
I didnt manage to get some when i got my charter
@Whitebarberian
@Whitebarberian 2 жыл бұрын
Congratulations bud
@abhishekbal399
@abhishekbal399 4 жыл бұрын
Just to add on to it the pass rates are understated and less understood. The actual pass rate for somebody who has been through all the the 3 levels in their first attempt is less than 9%. For somebody who takes the exam multiple times to pass , their pass rates varies between 12-18%. No matter how many times you take them. And for the record the institute's s website information, there are a little more then 3.2 Mn candidates who have taken the exam so far since inception and only 159000 of them are actually Charterholders. That is 5%.
@khalilfuller4939
@khalilfuller4939 2 жыл бұрын
Seems like this is more of a personal accomplishment that only you & a select few can understand. Remember you did this to prove to yourself that you can do it & that’s all that matters. Just make it count
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 2 жыл бұрын
Very true, thank you!
@khalilfuller4939
@khalilfuller4939 2 жыл бұрын
@@straighttalks-ajsrmek323 would you ever go for the CPA to add to your CFA? It seems like the senior financial analyst work/report w/ the CEO/CFO & knowing me I would like to strive for the top of a company & a requirement for the CFO position is having your CPA.
@khalilfuller4939
@khalilfuller4939 2 жыл бұрын
@@straighttalks-ajsrmek323 haha I basically just found a helpful answer in the comments under one of your vids
@Sorgao
@Sorgao 4 жыл бұрын
Congrats Hope to pass the exam like you! your video really motivate me thanks
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I'm glad I could help!
@NM-wx3ri
@NM-wx3ri 4 жыл бұрын
Tips for remembering all the info? And how did you ace the exams did you go through lots of mocks beforehand?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I think the best way to remember is by repetition. And yes I did about 16 mock exams before each level.
@juanlmancha
@juanlmancha 4 жыл бұрын
Congrats, man! I wanted to know how could affect the CFA charterholder to your working goals such as money, more responsabilities and a more comfortable job? Tell me how you feel!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
thanks! Check out my career after CFA video.
@GradyCool
@GradyCool 2 жыл бұрын
It can help get you access to more technical and advanced jobs but it really is what you make out of it
@merc340sr
@merc340sr 4 жыл бұрын
3 hrs a day!!! Wow! Congratulations!
@mjogundeyi1213
@mjogundeyi1213 4 жыл бұрын
Did you have a program that you used to study? Or did you just buy a bunch of work/ test prep books. I'm just wondering how you dident run out of material
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Wiley silver course.
@mjogundeyi1213
@mjogundeyi1213 4 жыл бұрын
@@straighttalks-ajsrmek323 thanks for the reply. I dont know if you have answered this. But would you do anything differently in your study patterns?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
@@mjogundeyi1213 No I don't think I would have changed anything. I was pretty happy with how the study process went.
@zalmalak2478
@zalmalak2478 4 жыл бұрын
I am writing in february 2021 computerized exams.I wish i could write level 2 same year december.
@Bluemoonrealtygroup0617
@Bluemoonrealtygroup0617 2 жыл бұрын
I passed Level 1 in 2010 and failed Level 2 in 2011 with Band 9. So, missed it by a few questions. But, after that, I walked away and never pursued the designation. I am in commercial banking and having this achievement means nothing to my employer. Plus, I remember the emptiness after passing the CPA exams and knew that I would experience again only after investing several hundred more hours. I wish anyone else reading this does not experience what I felt, but it is just a piece of paper.
@saidalcapone3964
@saidalcapone3964 Жыл бұрын
So CFA is useless in commercial banking?
@91Spalding
@91Spalding 3 жыл бұрын
Hi all, I am currently studying towards the L1 exam in May. As I am nearly 40% done with the material, I am wondering how to repeat material alreday visited. I'm using the same approach as mentioned (3h/day, every day). I do all the EOCQ, examples, writing flashcards aso. BUT: In what time periods do you re-visit old stuff? Or like 1 day per week? Or just never until the final 30-40 day? Would be thankful for any reaction.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 жыл бұрын
I wouldn't revist old stuff until you are doing the final review in the last 4-6 weeks.
@91Spalding
@91Spalding 3 жыл бұрын
@@straighttalks-ajsrmek323 Thank you :)
@jayst28
@jayst28 4 жыл бұрын
Wow never heard of anyone study so much for an exam... Also a CFA chartholder here and I didnt spend anywhere close to 600h combined to pass all 3 levels... No genius here either but if you have a finance background these exams are definitely doable like most university exams with a good month preparation. I personally thought my master degree in finance was a lot more difficult than passing the CFA which actually have quite a high pass rate of 30-50% (way higher than some other speciality exams).
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
The CFA program as a whole has a pass rate much lower than you mention here.We don't know what it is exactly but the institute has only said "less than 20% of candidates that enroll in level 1 eventually earn the charter"
@learningenglish8812
@learningenglish8812 4 жыл бұрын
Very good!
@phamtrandoanh6771
@phamtrandoanh6771 5 жыл бұрын
Congratz, man!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 5 жыл бұрын
thanks, appreciate it.
@connorfischer3283
@connorfischer3283 3 жыл бұрын
So what do you plan to do with you CFA? Investment banking ? Is that what you do currently?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 жыл бұрын
No - check out my videos about my financial advice career!
@ericlam6925
@ericlam6925 4 жыл бұрын
If you get a bachelors in finance, do you take this after? Is it suggested to get a decent paying job after graduation
@ChaceBonanno
@ChaceBonanno 4 жыл бұрын
bump
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
You can take Level 1 before graduation college but I believe you need to have a degree to take Level 2. You would take the CFA exams if you wanted to work in a related field and you decide it is right for you.
@majdsahmarany3091
@majdsahmarany3091 4 жыл бұрын
Good luck dude
@aravindmadhusudhanan3138
@aravindmadhusudhanan3138 4 жыл бұрын
Thanks for the positive speech! I have been hearing too much negativity lately. Can you make a video about doing it after getting into a managerial job and then shifting into relevant fields(after cfa)? Thanks.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I have a video pretty close to this topic, at least for how I used the charter.
@linhpham763
@linhpham763 4 жыл бұрын
Thanks
@Pakidesivlog
@Pakidesivlog 4 жыл бұрын
One more Q for you? Wiley or Sheweser which should be used for primary learning
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I used Wiley and had success. I have not used Schweser myself.
@sharonrose458
@sharonrose458 4 жыл бұрын
Starting my journey this year and if all goes well am writing my first exam in Dec....any tips for me...
@lubindachirwa9842
@lubindachirwa9842 4 жыл бұрын
I think his time tracking tip is a helpful one. Also mark meldrum has a few you tube videos and in one he mentions two pitfalls: overstimating the amount of time that you have and understand estimating how long it takes to complete each reading .
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I have several tips, check out the other videos!
@TheMrWillba
@TheMrWillba 5 жыл бұрын
Congratz mate!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 5 жыл бұрын
thanks!
@rajvaswani7878
@rajvaswani7878 4 жыл бұрын
I'm a level 3 candidate, can strongly relate with your point regarding how very few people understand and appreciate the rigour and sacrifices it takes to pass all levels (especially if you're studying from the curriculum and working at the same time). Indeed the journey seems more fullfilling than the goal.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Everyone that I have spoken to that has both the CFA charter and a masters, felt that the CFA exams were more difficult.
@pearlmnyebeleza3231
@pearlmnyebeleza3231 4 жыл бұрын
Wow..congratulations,I would like to enroll but I dont even know where to start.what gives me anxiety I think is where would I get past papers to practice with? Kindly help step by step with the whole process if you can please!
@dulatnur
@dulatnur 4 жыл бұрын
👍
@OrbitalOptimization
@OrbitalOptimization 4 жыл бұрын
The CFA website gives you topic tests and a past mock exam to practice, if you need more you can get some mocks through third party providers like Wiley and Schweser. The only level I found I wanted more mocks for was level 3 (because I wanted to practice the morning written part), and I found an exam bank with a bunch of past level 3 morning exams, if you get to level 3 and want that, let me know.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I got the practice tests from Wiley
@humayunkabir5837
@humayunkabir5837 5 жыл бұрын
Can you suggest what study materials should I use to pass CFA lvl 1. I purchased schweser notes to start my lvl 1 preparation.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I used Wiley and liked it. But CFA blue boxes and EOCs are the best practice i think.
@aryanrao3231
@aryanrao3231 4 жыл бұрын
Suggest us some of the books that you've gone through and also guide us the way to learn and practice like you did.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I don't read too many books. But check out my other videos for study tips.
@danieldixon3391
@danieldixon3391 6 ай бұрын
I am a self taught individual who just passed SIE on first try at age 33. I have a bachelor's in business administration. I am looking to get hired here soon to a firm brokerage. Is it worth going for my cfa after getting series 66?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 6 ай бұрын
Not unless you want to be in an analytical type role.
@danieldixon3391
@danieldixon3391 6 ай бұрын
Wouldn't I have to be analytical being an investment advisor as well
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 6 ай бұрын
@@danieldixon3391 Not always.
@lloydn6095
@lloydn6095 3 жыл бұрын
Hey man, thanks for making this video. I know it has been a year already but congratulations on completing all 3 levels, that's a massive accomplishment. I'm only on my 2nd year BBA Finance and I also wanted to get the CFA once I finished school. I have lots of burning questions I would like to ask from someone who's been there such as yourself. Would it be OK to connect with you, perhaps email? A financial journey advice would be much appreciated. I'm not young either so I'm already mapping out where I wanted to go. And it's seems to be pointing at investment management at the moment. Please let me know, thanks. God bless!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 жыл бұрын
Sure thing, Lloyd. Send me an email and we can get a time for a phone call.
@GradyCool
@GradyCool 2 жыл бұрын
Best of luck!
@anuchitu6993
@anuchitu6993 4 жыл бұрын
May I ask you how old you were when you passed the level 3?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
23!
@jinxinhu3626
@jinxinhu3626 4 жыл бұрын
Starting my study plan today but having no idea when i can take the exam due to the corona virus :( But thanks to your sharing experience! :) GL
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Best of luck!
@edgarg6559
@edgarg6559 3 жыл бұрын
Hi, because of the amount of material you were studying everyday, what did you do when you finished all the material and still had many weeks till the test?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 жыл бұрын
The final 30 days before the exam is very important to review it all!
@justinwang538
@justinwang538 4 жыл бұрын
Congrats, i just got a Master of a Finance offer and it seems a good idea to get top on things like CFA and such. Watching your video gave me a picture of what i need to face. Thank you for making this video.
@dees900
@dees900 4 жыл бұрын
Where are u going to do your MSc in Finance?
@justinwang538
@justinwang538 4 жыл бұрын
@@dees900 So far my plan is going to UIUC and I have paid the reservation fee. But I am still waiting for the final decision of Northeastern, UCSD, JHU, Rochester and WUSTL. Do you have any comments on these programs? Please share if you do, XD
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Happy that I could help.
@justinwang538
@justinwang538 4 жыл бұрын
@@straighttalks-ajsrmek323 Thank you man.
@Hamzaben9
@Hamzaben9 5 жыл бұрын
I finished a bachelor in actuary science last August at age 31 after a life time of bartending , my Gpa wasn't great and i don't want to dedicate 7 years of my life to actuary exams, and i have 0 experience, I am completely lost. I just started studying for CFa 1 to take in june, and I am hoping to get an entry job in finance and take it from there . Am I thinking straight ? Any advices ?
@hasmiksargsyan9702
@hasmiksargsyan9702 4 жыл бұрын
Practice and do a lot of tests, good luck, we. Have enough time for good preparation
@william_8844
@william_8844 4 жыл бұрын
What do you enjoy
@yummy041496
@yummy041496 4 жыл бұрын
Unfortunately tests have been pushed back to December because of COVID. You do not need a CFA to go far in finance. It really depends on what you want to do. A CFA will really help in areas like investment banking, corporate finance, or becoming an analyst.
@OrbitalOptimization
@OrbitalOptimization 4 жыл бұрын
don't spend time studying CFA to get a job, your time will be better spent networking and applying for jobs.
@syaheedabadriahmohdfuad2858
@syaheedabadriahmohdfuad2858 4 жыл бұрын
L2 candidate here. Can relate a lot with what you mentioned. Let’s just hope for the best 💪🏻
@satyashivmodi6945
@satyashivmodi6945 4 жыл бұрын
Congrats.
@axlcyrax56
@axlcyrax56 2 жыл бұрын
so, did you pass the three levels in your first atempt? Im from Mexico and it is really expensive to pay for the exam, so I could not afford more than one attempt and that makes it a one shot opportunity, do you think is possible?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 2 жыл бұрын
Yes I did. You can do it in one attempt if you study as much as necessary to learn 70% of the material!
@axlcyrax56
@axlcyrax56 2 жыл бұрын
@@straighttalks-ajsrmek323 thank you and congratulations for your achievement
@DaveWuDong
@DaveWuDong 4 жыл бұрын
Taking level 1 just for fun now hopefully could pass the December exam if the situation goes well, what study would you recommend?Is the one provided with the program sufficient?
@lucasszymkowiak6765
@lucasszymkowiak6765 4 жыл бұрын
Same here, good luck with prep!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
It is sufficient but it is inefficient. I used Wiley and liked it pretty well.
@alexandrepereira3902
@alexandrepereira3902 4 жыл бұрын
Tku God bless you !
@JosueRealty
@JosueRealty 4 жыл бұрын
So what's next? What can you do with a CFA designation? I'm interested in real estate private equity.. still working on my undergrad degree (economics major)
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I will make a video on this!
@Chessmapling
@Chessmapling 4 жыл бұрын
Congrats on passing all 3 levels! I’m taking the L1 this December but because of how scared I am I’ve started to study already. However people on reddit have told me that this is not ideal; they said it’s better to squeeze the material in a shorter amount of time so you don’t forget the earlier stuff you studied. What’s your take on that? Thanks again
@OrbitalOptimization
@OrbitalOptimization 4 жыл бұрын
I found around 6 months be a good period of time to give yourself.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I think 6 months might be optimal, I did 8 months. The MOST important thing is that you review well in the final weeks before the exam to practice the material you may not have seen for a few months.
@ChaceBonanno
@ChaceBonanno 4 жыл бұрын
Holy shit I've never studied anything for 600+ hours! Think I'm gonna go at it like I have every other exam. Study last minute and wing it.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
You will not be able to pass a CFA exam with that plan.
@mashedpotato9482
@mashedpotato9482 4 жыл бұрын
Very happy for you bro. I am thinking about enroll into the program but still need more advice and vision about its career and its benefits.! thank your for the video and Congratulations on this huge achievement!
@GradyCool
@GradyCool 2 жыл бұрын
Best of luck!
@liangdong8261
@liangdong8261 4 жыл бұрын
Amazing
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Thank you! Cheers!
@luxshianig3718
@luxshianig3718 4 жыл бұрын
congrats :D
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Thank You!
@jupitormars5203
@jupitormars5203 4 жыл бұрын
coool, i am studing the level 2, so tired
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Your brain needs sleep to remember what you are studying!
@nusratjaman5172
@nusratjaman5172 4 жыл бұрын
hi, i just started studing for level 1 but i am really confuse about the study plan .I have started with quant and studying everyday for 2 hours but can't find the way I am studying is effective enough for the exam.Right now i am following IFT lectures on youtube . can you suggest me with a proper every day study plan for level 1 and the sites where i can study or practice level 1 materials?I have no one around me with whom i can discuss these stuffs.
@franciskayode5045
@franciskayode5045 4 жыл бұрын
it depends, for me i read 3 hours every work day (mon - fri) and i read for 10 hours on Saturday and Sunday, although i am using the curriculum as a guide for reading
@nusratjaman5172
@nusratjaman5172 4 жыл бұрын
thanks :)
@OrbitalOptimization
@OrbitalOptimization 4 жыл бұрын
I would look to see how much time you have vs how much material you still need to go through and figure out how much you should cover on a daily basis to get through. Leave at least month before the exam for review and practice questions, that worked for me.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I like a system where you learn then practice, learn then practice, learn then practice. So for me I would do the Wiley study notes then do the CFa practice questions in blue boxes and EOCs for each topic.
@pranavchhajed253
@pranavchhajed253 4 жыл бұрын
I am considering giving CFA, I want to know if a person all the levels what job opportunities open for him/her?
@imeldomarcos4126
@imeldomarcos4126 4 жыл бұрын
A financial analyst. Fund management.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
You can leverage what you learn in the CFA program into many different finance related fields!
@shivaniroumand8792
@shivaniroumand8792 4 жыл бұрын
hello and congratulate. i want to know can every body being in cfa test? for example from statistics come to cfa . or just i should study financial management first?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I believe the only requirement to take the tests is a college degree. It doesn't matter what topic.
@dave444
@dave444 4 жыл бұрын
congratulations! what microphone are you using? the sound recording is excellent!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
Just using the built in mic on the Microsoft surface pro 4
@ulviyytagzad2115
@ulviyytagzad2115 4 жыл бұрын
I am bachelor student and will graduate next year.My teacher who has also passed cfa levels said me that it's early for you to prepare exams.Now,I am currently doing self-study.Realistically,can I pass level1 with self-study,or it's early for me?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 жыл бұрын
I liked to start studying about 7 months before the exam.
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