Top 5 Reasons NOT to Take the CFA Exams

[@JoeMaule]

Do you think the CFA program will help you meet your personal goals? Is it worth it for you?

[@hendrasetiawan7220]

Hi, thank you for your kind advise. Now, it makes me reconsider again my motivation to start CFA and I realize that I have not ready yet to invest my time in CFA at the moment.

[@JoeMaule]

It is a big time commitment, good to hear you’re thinking through the decision carefully

[@hendrasetiawan7220]

I almost decided to purchase Kaplan based on my feeling but it’s stopped when I tried to research the experiences from expert like you, and I found out that any advice from this video are realistic and helpful. Therefore, I decided to hold it at the moment and take fmva instead

[@davidglad]

@@hendrasetiawan7220 It's all very unique to your situation whether it makes sense. When I was out of college, I initially worked an internship but didn't yet have a direction or more specifically traction. It was a professor of mine who suggested I register for the CFA program which was the shove I needed at the time. His rationale was that even if you don't pass, it would substantially strengthen your knowledge of finance which was surely right. During that study time I had a nasty cold that lingered the better part of three weeks (worst week I made barely a fraction of the usual progress) so that's among the countless reasons you better give yourself as much time as you can to study. As that December 2008 session I failed, band 10. (Translation: Top 10% of those who failed. As they used to breakdown your performance to other candidates.) Compared to that one, it didn't feel like I put forth anywhere close to the effort when I took it in June 2009, fellow test-takers who failed December's also remarking that one felt easier. Which thankfully I passed. I chose not to continue after the June 2010 Level 2 (fail, band 7; so I think I was top 31-40% of failures if my recollection of the stats is good) giving the job market those days was abysmal.. all this being said, it was nearly a decade after passing the level 1 I finally got hired to a job within finance with that CFA exam specifically being the resume item that stood out. As they correctly guessed I had what it took to pass a bunch of securities industry licenses (luckily those I have been able to pass on the first attempt) versus other hires who failed them.

[@jeevasurya6677]

Possible way to learn about FINANCIAL MODELLING IN REAL TIME ?

[@JoeMaule]

Might require a few KZbin videos!

[@banjiben9675]

Hello Joe, I recently passed my CFA lv1 exams, tbh in regards to all 5 reasons I don't feel i fall within that category except no1, and not in the sense of getting a job handed to me, more like becoming a more viable option as a job candidate as i have no real finance experience but have a masters degree in finance. Do you think that is a reasonable mindset to have?

[@JoeMaule]

Yes I think that’s reasonable! The CFA will make you a stronger candidate for sure. Just want to make sure people don’t forget about the other job search steps too.

[@prakash7328]

Can u please make one video on how to get access scholarship

[@prakash7328]

How can I fill Acess scholarship form

[@eddierosario1537]

Cfa isn’t worth it

[@tucker8071]

Do you have a CFA?