FB? malaysia cfa group?

CFA Malaysia super dry. Noesis FB page and my other friends taking CFA is spamming FB. U passed level 2 previously?

i see... L1 only, took 1 year break and enrolling L2 for next year.

hi peeps, managed to kill L2.. now considering whether to go L3 next year.

yo. Failed ethics ...

passed the darn L2 tho. haha . Think my strat of focusing on FRA and Equity helped.

I hope you pass too !

Congrats!! I hope so too. Thanks

eh fino any thoughts on the FRM/PRM thingy? I have every intent to try out market risk if there's an opportunity (altho I'm really enjoying doing portfolio risk analytics at the moment) ... which one is better for a move into market? I'm more inclined to do FRM than PRM ... since you done both ...

gratz, any tips for L2 candidate? haha.. or wana share how you succeed ?

gratz!!!

any tips for L2 candidate? wana share how you succeed ?

How I succeed may not be applicable to you - as everyone has different backgrounds/experiences/study styles. Take what is worth though , if you like

I started in Feb, reading through Schweser notes top to bottom in detail - done all the exercises of each topic included in Schweser notes. This process takes me 2 months. In April I was focusing on re-reading again the entire Schweser notes - but this time more like a speed read and I actually try to summarize/connects the important concepts of each study session in my head - only reviewing those that I could not remember well or unclear of. This is supplemented by Qbank extensively. I mostly only did intermediate and difficult questions (You can filter the questions by difficulty level,I did about 1000+ questions) and each question I did wrong was thoroughly reviewed (and revisit the entire concept, if necessary). 2 weeks before exam I focused on doing mocks exam and train up on speed of answering by mixing up the questions in Qbank (i.e. do not filter by study session). Two day before exam I chill the f*** up by exercising and sipping coffee in cafes, went hiking a nearby mountain in the morning. Last day I spent memorizing formulas/hardcore rules (like GAAP/IFRS differences) that's still not printed in my brain.

I didn't - read CFAI textbook (too much things to absorb, too little time) - didn't do any EOC/blue box exercise - didn't join any study group/class. Study time - after reached home from work @ 9.30/10pm - I will probably study till 12 am or 1.30 am, depending on my mood and the interests on the topic ... Saturday full day at cafe/library/office and Sunday just chill - or study if I have the mood.

By the way my background helps - I have a degree in Applied Maths - with most time of my honours year focusing on financial engineering. So - the L2 quant and derivatives topics are still pretty basic to me as I've done harder stuffs in uni. Being a little bit more math trained - I find picking up fixed income easy as well. I've spent most of my time then reviewing Equity valuation and Financial Reporting. (I did 0 reading in ethics. I just keep doing Qbanks question on ethics. By the way, I got <50% in this topic - so dont try this. lol)

I believe I passed really marginally - and it's somehow foreshadowed by my study style - I possible took the bare minimal effort required to pass the exam, given my background. If you decided to only read whatever supplementary notes out there (be it Schweser or ELAN or whatever that is), be reminded they are all a skimmed version of the real text - so you have to read as if every sentence in the note is critical information. No shortcutting on the shortcutted materials. Remember that ...

If there's tips I can give - it is this - try not to skip any topics/session. Try to know everything - and truly masters the 2 heavyweight topics - FRA and Equity. You will need to be very good in Quant, so that understanding Portfolio management becomes relatively easier - all the formula/methods become natural & logical with minimal memorization needed.

This post has been edited by atlantiz0: Jul 25 2013, 07:55 PM

I would say take FRM first then take PRM (PRMIA is updating the syllabus early next year with changes to the exam structure). At a minimum, complete CFA and FRM. It'll be helpful as well when you look for opportunities overseas.

best of luck for L3! let's get through this once & for all! @fino_abama

I hope so too. Had a gathering with my Lvl 3 mates yesterday night. We're all tensed waiting for the results.. -.-"

Congrats

Congrats to all L3 passers!

Congrats, @aaron1kee

How did you do bro?

I passed too!!

Gratsss!

Qualified for chartered already?

Not sure. Will apply and see if they accept it. Profile kinda' "rojak" as a lecturer and a risk manager. What's your plan after this?

Prollie venture into CF or PE. Time to chalk up some experience for myself too.