Mark, your exhortations make me a better person, employee, husband, father, and citizen. Holistic life applications masquerading as test advice. Keep it coming!
@andrianjuric27323 жыл бұрын
Mark this is exactly what I needed to hear from a CFA instructor. It's refreshing to hear someone talk about the CFA as a privilege / valuable resource rather than an obstacle to get through
@johncharlesmartin44463 жыл бұрын
Sounds whacky but start playing chess. Will help with your patience, discipline and cognitive ability
@ritikgautam73423 жыл бұрын
Yeah mate I agree, but I would suggest to get an irl board instead of an app. It's really fascinating how quick people get hooked to chess apps and become addicts. Cheers!
@truthseeker51103 жыл бұрын
as someone who started playing when i was fairly young and who was the best chess player in my native country for my age (National Under 18 Chess Champion twice), i would actually advocate against it (lol). I feel like it has honestly caused more issues in terms of real life, than it has solved/helped. Then again, that may just be me looking at the glass half empty instead of half full. I find that any progression/mastery in chess comes with an innate sense of pride/"superior intellect", and is crushed by the randomness of reality that causes you to stumble above and beyond ways in which you would have expected/conceived, leading to alot of self-doubt and unnecessary questioning. Chess teaches about tactical tangibility in terms of both preparing your next several moves as well as contemplating your opponent's next several moves, but when it comes to "life", you could prepare as many "goals" or "options" or "plans" as you want and find yourself dimmed by the reality of the extent of the lack of control that a human being ultimately has on his environment. This can (as has happened for me), lead to a rapid and lasting deterioration in self-confidence and well-being 🤷🏽♂️.
@mussiehailu79203 жыл бұрын
I’m about to restart studying for L3 tomorrow after 2.5 months off. This was just the thing I needed to hear to start up the process again. Thanks Mark!
@three_two_one51273 жыл бұрын
Did you pass?
@mussiehailu79203 жыл бұрын
@@three_two_one5127 L3 results come out next week
@manynumeritos3 жыл бұрын
Did you pass? It's fine if you didn't
@mussiehailu79203 жыл бұрын
@@manynumeritos I passed!
@manynumeritos3 жыл бұрын
@@mussiehailu7920 congrats!!🎉🎉
@Game-yl2lh3 жыл бұрын
There is a title of a German novel: "I'm off then: Losing and Finding Myself on the Camino of Santiago". That is CFA. It changes your mind, your brain , your body, everything.
@Kayakkiniry3 жыл бұрын
Can confirm- once I got my charter I also got a six pack and 40 pounds of muscle
@IBlackyl3 жыл бұрын
Can confirm. When I finished Fixed Income I awake from a 3 year coma and cured my cancer
@repeastside883 жыл бұрын
Learned something about myself in this video. Thanks!
@nocturnalrider18553 жыл бұрын
We all did.
@packmanstart3 жыл бұрын
Thank you Dr. Meldrum! Great timing for this message and really passionate delivery.
@CarbonImpulse3 жыл бұрын
Thanks Mark I needed this Pep talk my attitude to just getting through readings was wrong!
@Rerun23 жыл бұрын
I’ll be writing L1 at the end of February. This was extremely helpful for planning my future CFAI course, as well as motivating me for my upcoming exam!
@Rerun23 жыл бұрын
Update - passed L1, ready to get going soon for L2!
@abe49633 жыл бұрын
@@Rerun2 happy to hear! Let me know how the L2 goes
@norlahlou23582 жыл бұрын
How did you go about your study plan? Videos then questions?
@alexg41213 жыл бұрын
im curious about how much of the improvement in pass rates throughout the levels is due to the survivorship bias.
@MarkMeldrum3 жыл бұрын
I am sure it is a factor. Almost 200,000 candidates attempt L1 each year, only 45,000 at L3 - so quite a few drop off.
@MeowArawwra3 жыл бұрын
I thought it’s 6 attempts per exam for CBT?
@mihael12513 жыл бұрын
Professor, I am finishing LVL1 preparation with your subscription and full curriculum reading, and after 90% finished content I have a filling that such education is less efficient than focused preparation for one or two subjects exams like in university. I want to know EVERYTHING from curriculum because I love this, but I really can't remember 4000 pages for 1 exam. What do you think about efficiency of such education programs in comparison with universities?
@ellia32133 жыл бұрын
Can u make a video on Cfa exam email we just received
@krispe25123 жыл бұрын
What kind of jobs should I be looking for that have to do with CFA? I am struggling to find entry level positions in finance that having a CFA would help with.
@mohit34943 жыл бұрын
Just Wow Sir, I am going to watch this video over and over again, when i feel low. Especially your talk about attitude, and applied market series. Wow Sir, Thank You So Much For Motivating Me So Much ! Thanks a lot Sir :)
@donesteban19473 жыл бұрын
Thanks for the inspiration Mark! I was having a tough time getting motivated to study after my L3 got postponed twice. I was really falling prey to the whole "I gotta study" mentality. As an avid gym goer, the gym analogy was perfect. I GET to study!
@maxheithmar3343 жыл бұрын
I thought it was 6 attempts per level
@MarkMeldrum3 жыл бұрын
See the description box.
@michaelmueller32283 жыл бұрын
Me too, this isn't great.
@jprev923 жыл бұрын
It is six. www.cfainstitute.org/en/about/governance/policies/cfa-exam-eligibility-policy
@mariofreak4443 жыл бұрын
Isn't it 6 attempts per level
@АнтонИльичев-у9ц3 жыл бұрын
Mark you forgot to take into account the influence of language skills. I think for many this is a significant slowing factor.
@MarkMeldrum3 жыл бұрын
Good point.
@hanadjemazi3 жыл бұрын
I totally agree, I really struggle and I take more time to understand
@davidramirez30213 жыл бұрын
Where are the readings? Does the cfa give a free book if you register for the exam?
@Kooczkodan3 жыл бұрын
In 2019 I signed for CFA1 and I did not show up. Now I am going to attempt it in February 2021 - will it be ticked as a 1st or 2nd attempt?
@mahamoses16093 жыл бұрын
I think you should ask CFAI to confirm, but logic says that it won't count. They give you three attempts - it means you have to attempt and fail, right.. if you do not show up, you did not attempt.
@MarkMeldrum3 жыл бұрын
Any changes will only affect new entrants at 2021. An attempt is actually showing up.
@mahamoses16093 жыл бұрын
@@MarkMeldrum So December 2020 attempt doesn't count? Suppose someone failed the December 2020, when they reattempt in say May 2021, it will be considered first attempt?
@JamDota23 жыл бұрын
@@MarkMeldrum it's 6 attempts per level. Cfa-exam-eligibility-policy
@stratixfinance2 жыл бұрын
"The Keys to the Kingdom". Thank you Mr. Meldrum for this video. You are a big part of my attitude change, thank you sir.
@miriow993 жыл бұрын
Hey Mark, Would your recommend for someone to enrol in the CFA Program if they're only interested in it for personal knowledge/real world application/investing/trading? and not really interested in the career path of it. If not, would you recommend a different program?
@MarkMeldrum3 жыл бұрын
You don’t have to enrol with CFAI, just go through the Level 1 content on your own. The complete Level 1 from 2017 is free on this channel. Just click on playlists.
@georgiosmoukas92813 жыл бұрын
Hey Mark, Hope you are doing great. Regarding the February exam, do you think that the passing grade will be higher than 70%? Given the numerous cancellations, candidates should be able to score way higher because they have plenty of time to study. Is this something that might increase the passing grade to 80s% in order to maintain the passing rate around 46%?
@MarkMeldrum3 жыл бұрын
No. I do not see that as a possibility.
@zeonive1173 Жыл бұрын
If the CFA is analogous to the gym, then FI is certainly the analogue of leg day...
@jamesnemenyi3 жыл бұрын
Hey Mark, the cfa website says you have 6 attempts per level? Where did you get that it's 3?
@MarkMeldrum3 жыл бұрын
I recall three being discussed - I don’t think it’s 6. I know there are some things on the CFAI site that have not been updated yet. I could be confusing 3 years per level, but I am almost sure it’s 3 attempts.
@MarkMeldrum3 жыл бұрын
I am aware of the link. However I think that is dated information. I will verify tomorrow.
@jasonbangawan3 жыл бұрын
@@MarkMeldrum can you make a very short video on the update? might not be able to follow this on the comment section. thank you Dr. Mark!
@pizzapolice13 жыл бұрын
@@MarkMeldrum any update on this?
@MarkMeldrum3 жыл бұрын
Not yet.
@tuanmai12353 жыл бұрын
Do you think retail investors would benefit from the CFA Program journey? Or only working professionals would benefit? Thanks.
@MarkMeldrum3 жыл бұрын
Well, retail investors would benefit - but some sections would simply not be useful - such as Ethics and GIPS. Further, there would really be no need to write the exam. CFAI does offer an Investment Fundamentals course that may be better tailored to a retail investor.
@MK-eu3es3 жыл бұрын
Hi Tuan, as a retail investor and a level 2 candidate, I could try to answer this. Quick background, I went into regular business school (I am from eastern europe) for undergrad and somewhere along the way I got really into stocks. I decided to take the cfa in order to learn more about investing. It has helped me A LOT. However, it only helped me because I have the attitude focused on learning how to invest, not passing the exam. My job does not necessarily depend on passing CFA ( might help). For level two, I must have read the equity book / videos like a thousand times. Everytime I learn something new there, I go to excel and apply it on real life stocks. As Mark said, there is a lot of content that might be a bit useless, but most of it isn't. Yes, it's oriented towards professionals, but the content is pure gold :) I am probably never going to be a professional investor, however i am still seeing great value in combining cfa content and real life practice. I honestly don't know of a better place to learn everything in a structured manner and be sure the information is realiable and honest. I would prove it to you very easily - if you would find Mark's videos on applied cfa and see how he executes trades - if you can do that, then go ahead, if not , they I would say come hit the books with me :D Regards,
@jamiebloxham7773 жыл бұрын
@@MK-eu3es Hey Martin keep up the great work. Would the CFA be a little to difficult with zero knowledge of the financial markets. I am trying to break into the options market and to possibly find work as a junior financial analyst in New Zealand I'm 26 years old.
@suli6093 жыл бұрын
Hey Mark great video! I started studying last year for the June L2 exam but unfortunately it was cancelled. I was already 70% done with the curriculum, mainly by watching your videos and practicing EOC's and the cfa Q bank. I then didn't study for Dec as i knew it would also probably be cancelled. Now i have my exam in May. How do you suggest i approach it? Should i rewatch the videos of the topics i already finished and re-read the curriculum or just watch the review videos and start practicing? Thanks!
@MediaWorkify3 жыл бұрын
Thank you so much for this Dr Meldrum. I don't believe my biggest issue is discipline right now, but I did lack motivation. When I opened the books to study for Level 2 in Dec 19 I was so keen to get stuck in, and I did. When I picked things back up in July 2020, I was the exact same. It was a bit more difficult now with it being my third time, and no certainty of sitting it in May, but hey... we'll see. This video HAS motivated me to get back on it, and to remind myself why I enjoyed this journey so much. We're all going to make it.
@cosmogamer99143 жыл бұрын
According to the CFA site, the limit is 6 times per level, not 3
@MarkMeldrum3 жыл бұрын
See the description box.
@Owenlol1003 жыл бұрын
Mark, what program do you use for the blackboard?
@MarkMeldrum3 жыл бұрын
Sketchbook by Autodesk.
@Owenlol1003 жыл бұрын
@@MarkMeldrum Thanks
@invested_cowboy3 жыл бұрын
If I have some time after I finish reviewing for L1 May exam, which part of L2 do you recommend that I study in the mean time?
@MarkMeldrum3 жыл бұрын
Equity.
@monumentalshots35563 жыл бұрын
Dr. Mark is awesome. I’m L1 May candidate. I just purchased his videos and they are so thorough, there should be no reason for failure if you’re willing to put the effort in!!! Grind!! Keep inspiring Dr. Mark.
@sue78993 жыл бұрын
Hi Mark, will there be a practical plan somehow for someone want to pass level II in May and Level III in November? Thank you!
@nanaohnana45623 жыл бұрын
This video is a pure gold! Thank you so much sir God bless you
@xMohJeex3 жыл бұрын
Your videos in the Applied Series really gave me a whole new appreciation for derivatives. Seeing real-world applications of Risk Reversals, Combos, etc... and how one could really engineer options to manufacture different risk/return profiles on an underlying really demystifies derivatives. This video is just what I needed to remind me I need to pick-up my review for Level 2 coming this May. I also can't wait for your next video for the Applied Series after the Georgia Senate run-offs are announced. Thank you.
@jtangx3 жыл бұрын
Hi Mark, appreciate the prep talk and keeping my focus on the prize. I wrote level III this past December and I was wondering if you recommend I restart the process of studying immediately while I await my results from December? Would it be too late for me if I were to wait for results (assuming they come out late January/early February) before I start studying again for the May exam window?
@mikeblablabla63393 жыл бұрын
CFA Program exam results do not expire, and you are not required to enroll each year. There is no limit to the amount of time you have to complete the CFA Program. Beginning with the 2021 computer-based exams, each level exam can be taken twice each year, with a total of six maximum attempts per exam level.
@krispe25123 жыл бұрын
What jobs do valuations and research to find stuff worth investing in? Data analyst is all I can think of
@ketangujarathi95433 жыл бұрын
CFAI website says “Candidates are permitted to take the exam a maximum of two times per calendar year (when applicable), but not in consecutive windows or windows that are six months or less apart. Candidates will have a total of six maximum attempts per exam level. This policy is in effect beginning with the 2021 exams.”
@Goldbell30shoe3 жыл бұрын
How can i get pass in understanding Quants . I just move on in other modules with excitement but quants. pls help ..Should move forward and return back from quants to connect the dots again.
@HelLo-dl4ne3 жыл бұрын
33:45 I appreciate your gym analogy.
@sunitsrichandan20923 жыл бұрын
Hey Mark, I got an email from CFAI yesterday, stating that the March window is now open and I can register for the same. But due to some pre-commitments, I dont think that I will be able to sit for the March exam. I was hoping to give the exam in July window. When do you think that CFAI will inform about that? Or can I ask for refund and re-register myself for any of the other May, Aug or Nov, 2021? P.S. - I was registered was Dec, 2020 Level 1 exam. But since it was cancelled, I have not registered myself for Feb, 2021 and I am not planning to register myself for the March window as of now.
@nocturnalrider18553 жыл бұрын
Thanks a lot Mark. I wanted this reality check and subsequent motivation.
@ev-fb7yk2 жыл бұрын
I was watching this while I was in my homegym curling and it actually worked for both ways.
@nnnn8183 жыл бұрын
Mark, doesn't the CFAI QBank consist solely of EOC questions?
@MarkMeldrum3 жыл бұрын
I don’t think so. I can recall having an employee that had access to Level 1, and there were about 1100 MCQ that were not EOCQ. Perhaps this has changed? They don’t let me see that stuff.
@Lechwizki3 жыл бұрын
Hello i wanna ask if I need to take the cfa do I need a finance degree? Because i have no idea or anything about this. But i wanna learn this. Can anyone give any tips? Thanks in advance
@mingxuma84703 жыл бұрын
For level 3 candidates, pass rate is about 54%. With 6 attempts, the chance to get the designation is 1-(1-0.54)^6=99%; while with 3 attempts the chance is 90% assuming one is at an average level. So six attempts are definitely way too generous lol
@JamDota23 жыл бұрын
It's 6 attempts per level not 3 cfa-exam-eligibility_policy
@JamDota23 жыл бұрын
Ignore, just saw your description box. Please do update us on your findings to confirm if it's 6 or not,
@MarkMeldrum3 жыл бұрын
See description box.
@Nononenone-ps5is5 ай бұрын
perfect
@arjunadhikari9404 Жыл бұрын
Highly insightful and inspiring! Thank you so much!
@MsLaddha3 жыл бұрын
I passed L1 and L2 in 1 go and a huge credit goes to your lectures Mark. Many a times I feel like I’m going to do L3 primarily to listen to your lectures. You are an ocean of knowledge and it’s a wonderful experience of how you transfer that knowledge to your students.
@timothybracken17283 жыл бұрын
What's the difference between CFAI and CFA ? There's an international version , I thought there was only one version of the CFA or am I reading this wrong ?
@MarkMeldrum3 жыл бұрын
I means Institute.
@timothybracken17283 жыл бұрын
@@MarkMeldrum Oh okay, got it! Thanks for your helpful videos Mark!
@AnDre-tq1xr3 жыл бұрын
It looks like $15.00 min wage is coming. Mark covered the implications of this in one of his videos. Excellent material. Problem is, I can't remember which one. Any help in locating it would be appreciated. Thanks in advance.
@BenDiagi3 жыл бұрын
Hi Prof. Mark, I'm wondering why the July 2021 exams wasn't mentioned. I saw the July date on the website and I'm looking to take the CFA Level 1 then.
@MarkMeldrum3 жыл бұрын
July was not an option when I did that video.
@ayushmalpani30983 жыл бұрын
Hi mark.. Do u take classes for cmt? If NO.. Would u refer someone who takes?
@sriharshathebuddingfinance17903 жыл бұрын
not 3 attempts for each level but 6 according to this cfa institute url link . please correct the video www.cfainstitute.org/en/about/governance/policies/cfa-exam-eligibility-policy#:~:text=All%20Levels%3A%20Candidates%20will%20have,beginning%20with%20the%202021%20exams. All Levels: Candidates will have a total of six maximum attempts per exam level. This policy is in effect beginning with the 2021 exams.
@MarkMeldrum3 жыл бұрын
See the description box.
@FunkyFreshFritz3 жыл бұрын
I guess maximum number of attempts is at six per level currently, right?
@TipsySLA3 жыл бұрын
Hi Mark, thank you for the inspiring video. I'm enrolled in your program for L2 which I am taking in May 2021, and I am wondering whether Qbank on markmeldrum.com is a good indicator of my overall level. I have an average score of 70%+ with more than 50 questions solved in each of 4 out of 5 sections that I covered so far. Does it imply that I should have good enough understanding of those 4 sections and I should be able to pass those sections on the exam? I know that nothing is guaranteed on the exam but I would appreciate your thoughts on this. Thank you.
@gnangnon3 жыл бұрын
Are we sure that the 57% failing the level 1 exam does not include those who don’t show up ?
@MarkMeldrum3 жыл бұрын
The pass rates are based on those that actually write.
@josefon962 жыл бұрын
Does anyone know if this 3max attemps per level is 6 in practice? I entered into the CFAI and says 6 attemps. TY for your help and MM for the consistent great content
@MarkMeldrum2 жыл бұрын
See the comment section above.
@qihuaxu88053 жыл бұрын
hey Mark, do you have a applied series video coming tonight?
@MarkMeldrum3 жыл бұрын
Wednesday - I need the Georgia results - rather than saying if this happens or if that happens, may as well wait 2 days and just say one thing.
@ntombi1053 жыл бұрын
Had me at 'there's no calculus' 😂😂😂 that and linear algebra in undergrad😭😭😭
@yashlimitless3 жыл бұрын
Sir, I'm writing CFA L1 in the coming Feb 21. Can I appear for L2 in Nov 21? Everywhere I notice that it is either Aug 21 or Feb 22. Please could you confirm on the same. Thank you!
@MarkMeldrum3 жыл бұрын
This year there will be a L2 in November, yes.
@sunghoonbae94283 жыл бұрын
Amazing analysis and motivation even for someone like me who is simply taking a derivatives undergraduate class (considering taking level 1 next year)
@cestlavie62323 жыл бұрын
Attitude plays a critical role! Couldnt agree more!
@stacyliddell50383 жыл бұрын
I have heard that the CFAI uses the modified Angoff method to determine the minimum passing score. Wouldn't that also impact the pass rate? What I mean is, couldn't you pass all the sections but still miss the cut off?
@carlesmanguiano3 жыл бұрын
Hi Mark, thanks for the video. I also find really helpful the applied series you have on your channel. I got very motivated with learning option strategies, for example. It really helps seeing how someone use topics from the CFA curriculum in real life.
@qihuaxu88053 жыл бұрын
hey Mark, do you think it's time to put on some GM early 2022 calls?
@fauxhawkboy1093 жыл бұрын
Also I personally believe that high failure rate/low completion rate is due to almost every candidate working full time now and may also have started their family.. as opposed to when they are in universities/colleges when they have more time to study, usually with no family of their own to take care of, and not working full time etc.
@gargijain38003 жыл бұрын
Thanks so much Professor, you actually put your heart out into the videos..You deliver it with so much passion that it makes us give the CFA exam, its due importance...Thanks again...
@TenukiRehara3 жыл бұрын
thank you Dr. Mark for the inspiration and the much-needed motivation to push through CFA exams. You are the best professor I ever had all through high school, university, and now with CFA. As always, superb content. Wish you a fantastic new year!
@alegria73683 жыл бұрын
Dr. Meldrum, thanks for sharing your knowledge here. I would like to gently ask whether you can consider a series of lessons regarding correlation and regression. Regards!
@yashrastogi16933 жыл бұрын
Can't thank you enough sir. You're analysis is simply great !!!!
@morgandavies78983 жыл бұрын
Hello Mark, Do you still think February exams in Toronto will happen? Would like to know your view. Thank you
@MarkMeldrum3 жыл бұрын
Good question. 3 months ago I would have said 100%. Today, it is less than that.
@Mohamed-ui8yz3 жыл бұрын
Mark have you made a video about bitcoin?
@MarkMeldrum3 жыл бұрын
No.
@Mohamed-ui8yz3 жыл бұрын
Would love a video about bitcoin and the political events of today . Thank you 🙏
@kartikkhanna15033 жыл бұрын
sir please make videos on time series analysis and how to develop quantitative models
@James-pr2ci3 жыл бұрын
Hi Mark, hopefully I wouldn’t get to this point, but the newly set “3 and your done” rule. Has this only come into play from 2021? I just sat L3 in December and waiting for my results, but wanted to know if this will be applied retrospectively or only from the new CBT format in 2021? Thanks
@MarkMeldrum3 жыл бұрын
See the description box.
@vividratsculpordwarf3 жыл бұрын
Hi Mark. Could you do a video on what you think about CAIA.
@jackmoretti79433 жыл бұрын
Didn't realise there are only 3 attempts. I failed level 2 in 2011, 2014 and passed it in 2019. Little did I know I was on my last attempt!
@MarkMeldrum3 жыл бұрын
Any new changes will apply to new candidates in 2021. not to past candidates.
@adithyanarain68153 жыл бұрын
Was wondering whether I was the only one who preferred finding out answers by myself, before asking others. This video assured me that I'm not alone😅
@dseer133 жыл бұрын
Hi mark, why do you think someone who checks off your boxes i.e. putting in the time, willingness, study, plan, structure, attitude would end up FAILING the level 1 exam? This is someone who studied hard and found the exam "not too bad" , Morning was easy, afternoon was hard. What could have went wrong?
@MarkMeldrum3 жыл бұрын
You can have all of that, but if you learn the wrong things, then yes. Take a musician - puts in a lot of time, but learns on his own. A few bad habits can cause a lot of issues later on and limit that persons growth of ability. So without knowing what you did, hard to say. Take another situation (Dunning-Kreuger effect). People with low ability tend to rate themselves as having high ability, and when they are wrong oftentimes cannot even recognize that they are wrong since they think they know it in the first place. Its the asnwer that is wrong, not them.
@dseer133 жыл бұрын
@@MarkMeldrum words of wisdom/caution that I must keep in mind. I wrote the exam went well (the morning more than the afternoon) now I am waiting my results and I am terrified. I also used your study materials.
@yusufkaram23733 жыл бұрын
Many many thanks for this great speech and motivation
@SuperBan33 жыл бұрын
@Mark , Will the failures be counted for attempts made from this year only or are the failed attempts counted retrospectively also ?
@MarkMeldrum3 жыл бұрын
Only for new entering candidates at 2021
@jordanwalode82973 жыл бұрын
Dr. Mark..with the new computer based testing, will we know the results and know if we passed immediately after taking the exam rather than waiting a few months?
@MarkMeldrum3 жыл бұрын
No. You will still have to wait, but I am not sure if it will take 8 weeks. The L3 AM exams still have to be graded manually though, so I don’t expect a large increase in speed of reporting.
@financialfare14823 жыл бұрын
Thanks a lot for all the effort you put into making these videos Mark.
@abhishekdutta22603 жыл бұрын
Thank you Professor Meldrum for this video. Definitely gave me a kick in the back with regards to kickstarting my L3 preparation again! Just a small question though: Any news on the individual grading sessions which you had offered last year? Are you offering any such grading sessions this year?
@MarkMeldrum3 жыл бұрын
Our grader is willing to do some sessions. However, we have found that with the enhanced grading keys and the video walkthroughs, demand for Individual gradings sessions dropped quite a bit. I think with the new 64 hours of drop-in grading, there would be little extra value in individual grading sessions.
@MBrega3 жыл бұрын
I am really disappointed they put the 3 failure rule. It makes really no sense to me. Life is so hard and complex nowadays that, even mathematics is not able to shape the amount of unpredicatble issues one could come across with.
@MarkMeldrum3 жыл бұрын
See the description box.
@MBrega3 жыл бұрын
@@MarkMeldrum thank you sir and thank you for you truly noble gesture to spare your time for students who may find troubles apporaching to the exam with a wrong attitude. Have a great day.
@hermannkahn3 жыл бұрын
Hey Mark, CFA just emailed saying Level 1 candidates can defer to May/Aug. Is the content going to be available on your website for those who purchased the 2020 bundles
@MarkMeldrum3 жыл бұрын
Yes. You will get further instructions from CFAI feb 2. You may qualify for the OPT option or you may defer. Once we know what all the options are, we will defer anybody who needs it. At least this time it only affects Level 1.
@fuhad.erised3 жыл бұрын
@@MarkMeldrum Hey mark can you tell us about the tentative exam windows of deferrals? I have received a similar mail but they haven't specified any exam windows.
@mohamedmaher19423 жыл бұрын
On a lighter note, What is your deadlift/Squat/Bench 10 rep max (Now and at your peak)?
@MarkMeldrum3 жыл бұрын
Never did deadlift. Max Squat - 335, 8 rep max - 275, max bench 295, 8 rep max 245. Not now though - late 30s. Had a 15 year absence - just stared getting back in the last year. I am about 70 lbs lower on those, but at 54, not bad I think.
@mohamedmaher19423 жыл бұрын
@@MarkMeldrum you're a man amongst boys. Those are some serious numbers.
@martongoba20443 жыл бұрын
Hi Dr. Any advice for people who started studying in 2019 for June 2020 and then December 2020 and now scheduled for May 2021. From my perspective I have gone through the curriculum so many times started mock review for June 2020 and that got cancelled then went through the curriculum rigorously again for December 2020, started mocks again only the exam to be cancelled 3 weeks before exam date. Now I am writing in May 2021 and it has become annoying reading the same things over and over, at the same time I think if I don't go through them I will forget everything I know.
@MarkMeldrum3 жыл бұрын
Go to Reddit and answer questions - Great way to improve your recall and give back and support the community. Go through FRA and document all the differences between IFRS and GAAP, then share it with everyone. That builds social capital while you are perfecting your human capital.
@martongoba20443 жыл бұрын
@@MarkMeldrum Thanks Dr
@deepakpandey82403 жыл бұрын
Sir, if I appear for level 1 in November 2021 and clear it, would I be eligible for applying to May level 2 exam?
@MarkMeldrum3 жыл бұрын
Yes
@samerkaddoura25873 жыл бұрын
Thank you. I really was in need of a wake up call.
@mrkhangielts3 жыл бұрын
Great video. I have a question professor. Should I do the previous year's mock exam too?
@procastinating10183 жыл бұрын
why not if you have time :D
@olusolaojeniyi3 жыл бұрын
Hi Mark, please your confirmation on number of attempts per level will be appreciated by all.
@MarkMeldrum3 жыл бұрын
As soon as I get confirmation.
@DN-wv6yp3 жыл бұрын
Nicely articulated. Thank you 👍
@shivammittal36983 жыл бұрын
hey mark, pls clear my doubt. at 24:28 , you wrote 3 attempts per level but cfai institute says 6 attempts per level
@MarkMeldrum3 жыл бұрын
See discussion box above.
@shivammittal36983 жыл бұрын
@@MarkMeldrum sorry my bad :)
@pradeeppatil30353 жыл бұрын
I belive it's 6 attempt per level. And it may make some sense !! Three attempts per level does not make sense as it will be like sitting on the same branch of a tree which you are cutting off the tree. I thought more than 50% of students will stop giving CFA a try and this will be a huge loss of revenue to CFAI !!
@MarkMeldrum3 жыл бұрын
See the description box.
@pradeeppatil30353 жыл бұрын
@@MarkMeldrum Thank you Mark for clarification !!
@raptorswin3 жыл бұрын
Hi Mark - did you end up getting clarification on the # of attempts?
@MarkMeldrum3 жыл бұрын
See description box.
@MrWalo19903 жыл бұрын
Could anyone confirm whether it is 3 attempts per level or 6 attempts per level?
@MarkMeldrum3 жыл бұрын
6. See the description box.
@MrWalo19903 жыл бұрын
@@MarkMeldrum Thanks, point clear now. But you are right we should assume it is no more than three so that it acts as extra motivation.