If You Are Taking the CFA Exam Next Week...

ITS CRUNCH TIME!!!
The November 2023 Level 1 CFA Exams start next week.
Link to The CFA Study Blueprint:
aj-srmek-s-sch...
If you have an idea of something you want me to cover in depth, please let me know because I take your requests seriously. Will be back with more CFA Exam tips in a couple of weeks so please submit more questions you would like to hear answered. Love you all!
- AJ
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Let’s connect:
Twitter: / asrmek
LinkedIn: / aj-srmek-cfa%c2%ae-cfp...
Patreon: / straighttalks
Contact Email: [e-mail]
** The information in this video is not intended or implied to be a substitute for professional financial advice. All content, including text, graphics, images, and information, contained in this video is for general information purposes only and does not replace a consultation with your financial or tax professional**

[@yukigumarnament5916]

the interesting thing is that ChatGPT also scored less than 70% for the mock exam

[@straighttalks-ajsrmek323]

Link?

[@ThomasApostol]

@@straighttalks-ajsrmek323 Bloomberg

[@yukigumarnament5916]

@@straighttalks-ajsrmek323 I tried it on my own, copied and pasted all 90 questions into Chat GPT and just select the answers it generated

[@BarrelTheStock]

Do one for level 2 ! Sitting next Monday !

[@TacoTuesday89]

Thanks AJ, great video as always! I’m scoring around 63% on mocks. Should I do more questions (and review) or keep taking mocks (and review)? My exam is in a Week exactly. TIA!

[@ThomasApostol]

same, got 66% on one CFAI Mock and 64% on MM

[@sanchitvishwakarma1108]

you will pass for sure bro @@ThomasApostol

[@straighttalks-ajsrmek323]

Keep grinding out as many mocks as you can and make sure to learn how to answer any of the questions you get wrong.

[@kodiakgriz2296]

Still recall pre/post test settings travel..... . from hotel ballroom/ conference setting in Tampa to Miami cruise center to Jville computer base for final level.... closest will come to pregame hype of professional athlete.

[@straighttalks-ajsrmek323]

Exactly!!! So much preparation going into that day.

[@samxware]

lvl 2 in 18 days, and I have to say... this is NOTHING like level 1... I feel prepared, but not prepared for THE exam... it doesn't even make sense

[@straighttalks-ajsrmek323]

Just keep doing what you know you need to do. Trying not to let the quantity of info slow you down.

[@samxware]

@@straighttalks-ajsrmek323 Thank you AJ, I will do my absolute best!

[@randybrickson4290]

hey do you have stats on (a) what percentage of charterholders cleared all levels without having to retake, and (b) what is the average number of exams taken by charterholders? I'm guessing around 15% and maybe 4.8 to 5.2, respectively. Genuinely curious what the real figures are.

[@straighttalks-ajsrmek323]

I saw those stats before and I'm not remembering. Let me see if I can find it. I think the number is more like 40%, just because many people who fail one exam never end up trying them all.

[@nguyenhoangthinh3881]

Hi AJ, I am a fan of you and watched many of your videos. Is it OK to reset and rework Question Banks the Topics that I have very low accuracy? I am wondering if it is effective in CFA revision. Thank you very much!

[@straighttalks-ajsrmek323]

Hi, thanks for your support on the videos! And yes I think that is a very effective study strategy. You need to learn to master all the areas that you have struggled with.

[@nguyenhoangthinh3881]

@@straighttalks-ajsrmek323 Thank you, AJ. I am about to take CFA level II. Hope my preparation is OK.

[@KingBeatsOPS]

Hey AJ, I have a question that seems like it's a gray area, but during the tutorial page of the CFA exam, am I allowed to regurgitate the formulas I have in my head and jot them down on the scratch paper they provide to me? I think this is a solid strategy to utilize the 15 minutes before the exam to just put them on the paper they provide instead of during the exam time due to nerve racking or second guessing as such.

[@straighttalks-ajsrmek323]

I think that is allowed but confirm with a CFA employee.

[@olsenandrew28]

AJ - this is my second time testing for Level 1 - last time I was average if 60% on mocks(Kaplan) an failed by a slim(ish) margin on the test. Now I am 3 mocks in (CFA Institute mocks) 69%,71%,67%. I am considering deferring and taking in Feb hopefully obtaining the 75-80% is this unrealistic? Should I go head and take it? I feel much better but the thought of failing 2x is brutal.

[@straighttalks-ajsrmek323]

Hey, That's a very tough question since you are borderline there. I think the best answer is that if you can get in 5+ more mocks between now and your exam, do it now. If not, defer.

[@anjaliburad6028]

I am going for the Feb 24 level 1 but feel little under confident about the practice part, how can i practice more apart from EOC?

[@straighttalks-ajsrmek323]

blue box examples, CFA online practice modules, mock exams!

[@anjaliburad6028]

@@straighttalks-ajsrmek323 CFA online practice questions are same as EOC questions except a few and CFA mocks I can't afford, is there anything else that I can use? And what are blue box examples 😭

[@straighttalks-ajsrmek323]

@@anjaliburad6028 You can use old mock exams which you can find online. And Blue boxes are the now grey boxes in the CFA text.

[@anjaliburad6028]

@@straighttalks-ajsrmek323 got it!! How do I do ethics? I haven't started yet and I am really scared if I'll be able to complete it on time

[@castafinance]

You keep mentioning you can look at old CFA exams? How?

[@straighttalks-ajsrmek323]

Yep, there are plenty of them in pdf form in various public Google drive folders. You just need to find links to them in old forum posts.

[@maanic6405]

What are all the job opportunities after cfa level 1? Does cfa worth it?

[@straighttalks-ajsrmek323]

Yea there are more opportunities in the asset management field. And yes it is worth it!

[@nzhustler]

Any views on L2 exam?

[@straighttalks-ajsrmek323]

Yep, will post a video shortly.

[@chaplly]

Hey Aj, it's Mahdi, why don't you answer my emails??? and also you didn't pay for the last video.

[@straighttalks-ajsrmek323]

Hey Mahdi!! I have been trying to email you!! I haven't gotten anything back. I was hoping to hear from you. I'll send you another email right now.