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Business Chartered Financial Analyst (CFA)

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fino_abama
post Aug 9 2013, 10:32 AM

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QUOTE(aaron1kee @ Aug 8 2013, 11:49 PM)
Prollie venture into CF or PE. Time to chalk up some experience for myself too.  biggrin.gif
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That's great. If I know any openings in IB CF, you want me to spam you on that?
aaron1kee
post Aug 9 2013, 11:28 AM

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QUOTE(fino_abama @ Aug 9 2013, 10:32 AM)
That's great. If I know any openings in IB CF, you want me to spam you on that?
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That'd be great! I'm looking at overseas opportunities too. How about you? Future plans?
atlantiz0
post Aug 9 2013, 12:02 PM

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congratz @fino_abama and @aaron1kee ! and others who passed...

good one !
aaron1kee
post Aug 9 2013, 01:48 PM

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QUOTE(atlantiz0 @ Aug 9 2013, 12:02 PM)
congratz @fino_abama and @aaron1kee ! and others who passed...

good one !
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Thanks bud! How did u do?
atlantiz0
post Aug 9 2013, 03:53 PM

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QUOTE(aaron1kee @ Aug 9 2013, 01:48 PM)
Thanks bud! How did u do?
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For L3, I dunno ? Will let you know next year this time around.. haha

I just passed the L2 ...
fino_abama
post Aug 9 2013, 05:09 PM

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QUOTE(aaron1kee @ Aug 9 2013, 11:28 AM)
That'd be great! I'm looking at overseas opportunities too. How about you? Future plans?
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I'll be focusing on ALM/liquidity risk. Maybe after a few years, will go into risk consultancy, or go on up towards becoming a Chief Risk Officer (long-term goal). I rejected a few foreign headhunters before the level 3 exam, so I'll pretty much be in Malaysia till next year. Lol. All the best to you, bro!
fino_abama
post Aug 9 2013, 05:10 PM

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QUOTE(atlantiz0 @ Aug 9 2013, 12:02 PM)
congratz @fino_abama and @aaron1kee ! and others who passed...

good one !
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Thanks, atlantiz0. Will be hoping to see you pass too this time next year. brows.gif
siew14
post Aug 12 2013, 06:32 PM

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QUOTE(atlantiz0 @ Jul 25 2013, 07:48 PM)
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  brows.gif

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.
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thanks for the tips..


congratz to all L3 passer, seriously , i m abit jelly right now as when i was taking L1 exam, you guys were L2 , 1 year later you guys passed L3 , fuuuu yet i just enrolled for L2 few days ago. laugh.gif took 1 year break.. haha.

so i just wasted usd150 for the useless e-curriculum, damn! should have listen/trust to/the forumers in analystforum, cause they provide a link to bypass e-curriculum and it allows candidate buy the printed version instead. And i heard the printed quality is quite poor compared to last year. sad.gif






fino_abama
post Aug 12 2013, 09:10 PM

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QUOTE(siew14 @ Aug 12 2013, 06:32 PM)
thanks for the tips..
congratz to all L3 passer, seriously , i m abit jelly right now as when i was taking L1 exam, you guys were L2 , 1 year later you guys passed L3 , fuuuu yet i just enrolled for L2 few days ago.  laugh.gif  took 1 year break.. haha.

so i just wasted usd150 for the useless e-curriculum, damn! should have listen/trust to/the forumers in analystforum, cause they provide a link to bypass e-curriculum and it allows candidate buy the printed version instead. And i heard the printed quality is quite poor compared to last year.  sad.gif
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Heard it's now black & white but not sure of the quality. Don't envy, you can finish it too soon.
siew14
post Aug 14 2013, 10:37 AM

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yeap.. confirmed is black & white as i received the curriculum in eve yesterday.. very dull. quality wise, poor, but i found that the curriculum is not that thick compared to L1.. haha...
fino_abama
post Aug 14 2013, 10:42 AM

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QUOTE(siew14 @ Aug 14 2013, 10:37 AM)
yeap.. confirmed is black & white as i received the curriculum in eve yesterday.. very dull. quality wise, poor, but i found that the curriculum is not that thick compared to L1.. haha...
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You'll find out very soon brows.gif

silversuave
post Aug 14 2013, 10:51 AM

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Where is the best place for me to buy kaplan schweser books/notes?
Any shop that carry schweser?
siew14
post Aug 14 2013, 11:09 AM

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QUOTE(fino_abama @ Aug 14 2013, 10:42 AM)
You'll find out very soon brows.gif
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laugh.gif we will see, after i go through the books... but by looking at the table of contents and flipping through the books, seems interesting and funny formula/alphabet which i nvr seen before..

QUOTE(silversuave @ Aug 14 2013, 10:51 AM)
Where is the best place for me to buy kaplan schweser books/notes?
Any shop that carry schweser?
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if i m not mistaken, katsuri or noesis does provide the books/notes. Whether you get grab it if you are not their student is another story as well, or perhaps need to pay for premium?

Worst case scenario is to order direct from kaplan or wait for torrent in the web. whistling.gif
fino_abama
post Aug 14 2013, 11:27 AM

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QUOTE(siew14 @ Aug 14 2013, 11:09 AM)
laugh.gif  we will see, after i go through the books...  but by looking at the table of contents and flipping through the books, seems interesting and funny formula/alphabet which i nvr seen before..
if i m not mistaken, katsuri or noesis does provide the books/notes. Whether you get grab it if you are not their student is another story as well, or perhaps need to pay for premium?

Worst case scenario is to order direct from kaplan or wait for torrent in the web.  whistling.gif
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From a positive view, Level 2 goes in deeper and is more interesting compared to Level 1.
kinwing
post Aug 14 2013, 05:29 PM

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Congratulation to those who have passed your exam recently. smile.gif
fino_abama
post Aug 14 2013, 05:40 PM

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QUOTE(kinwing @ Aug 14 2013, 05:29 PM)
Congratulation to those who have passed your exam recently. smile.gif
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Congratulations on getting your charter tongue.gif
kinwing
post Aug 14 2013, 07:55 PM

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QUOTE(fino_abama @ Aug 14 2013, 05:40 PM)
Congratulations on getting your charter tongue.gif
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I am broke because of that
aaron1kee
post Aug 14 2013, 11:22 PM

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QUOTE(fino_abama @ Aug 14 2013, 11:27 AM)
From a positive view, Level 2 goes in deeper and is more interesting compared to Level 1.
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I actually enjoy L2 more than L3 hmm.gif

QUOTE(kinwing @ Aug 14 2013, 07:55 PM)
I am broke because of that
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CFA charterholders don't go broke brows.gif
fino_abama
post Aug 14 2013, 11:24 PM

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QUOTE(aaron1kee @ Aug 14 2013, 11:22 PM)
I actually enjoy L2 more than L3  hmm.gif
CFA charterholders don't go broke  brows.gif
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YES!! I agree with you. I enjoyed L2 more than L3 as well. Lol.
kinwing
post Aug 15 2013, 09:03 AM

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QUOTE(aaron1kee @ Aug 14 2013, 11:22 PM)
I actually enjoy L2 more than L3  hmm.gif
CFA charterholders don't go broke  brows.gif
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I have to pay fees to get the chartered title, so I am broke blink.gif .

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