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Business Chartered Financial Analyst (CFA)

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fino_abama
post Jul 30 2014, 10:26 PM

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QUOTE(rotijon25 @ Jul 30 2014, 09:11 PM)
So far i first time passed my Professional and Application Stage, but sunway does not offer advanced stage till next year june.

Tbh, its not hard. As long as you study, practice and go to class, you should pass.

@fino_abama. Inclusive of advanced stage?
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I said completed, means everything.
fino_abama
post Jul 30 2014, 10:40 PM

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QUOTE(siew14 @ Jul 30 2014, 05:46 AM)
hello guys,

any tips for L3 as i just passed L2..  biggrin.gif
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Enrol for exam first biggrin.gif
rotijon25
post Jul 31 2014, 12:34 PM

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QUOTE(BravoZeroTwo @ Jul 30 2014, 10:48 PM)
Meaning you have for a year before you start the advance stage ? Aren't you supposed to do internship ? Thanks. Who is your sponsor or people say training partner ?
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BDO is my sponsor. Will be working with them. You could choose to do your advanced stage without a sponsor. Its not necessary anymore

BravoZeroTwo
post Jul 31 2014, 12:58 PM

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QUOTE(rotijon25 @ Jul 31 2014, 01:34 PM)
BDO is my sponsor. Will be working with them. You could choose to do your advanced stage without a sponsor. Its not necessary anymore
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What is the difference between ICAEW and ACCA ? Does your sponsor pay for your school fees ? Thanks.
rotijon25
post Jul 31 2014, 04:57 PM

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QUOTE(BravoZeroTwo @ Jul 31 2014, 01:58 PM)
What is the difference between ICAEW and ACCA ? Does your sponsor pay for your school fees ? Thanks.
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ICAEW is ACCA for masochist. It is allegedly harder. For ICAEW, the sponsor paid more than half of my fees, but there is a bond. Most ICAEW students will go do their internship mid-way through, but you can skip it i think. At least i did.

ICAEW has exams 4 times a year, ACCA has exams 2 times a year. So you can pass your ICAEW faster than ACCA. However, ICAEW has a fail limit of 4, ie if you fail a paper 4 times, you are kicked from the program. ACCA has no fail limit.
BravoZeroTwo
post Aug 1 2014, 12:49 AM

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QUOTE(rotijon25 @ Jul 31 2014, 05:57 PM)
ICAEW is ACCA for masochist. It is allegedly harder. For ICAEW, the sponsor paid more than half of my fees, but there is a bond. Most ICAEW students will go do their internship mid-way through, but you can skip it i think. At least i did.

ICAEW has exams 4 times a year, ACCA has exams 2 times a year. So you can pass your ICAEW faster than ACCA. However, ICAEW has a fail limit of 4, ie if you fail a paper 4 times, you are kicked from the program. ACCA has no fail limit.
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Thanks.
Jason_khoo
post Aug 1 2014, 08:44 AM

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I passed my Cfa L1 & 2 without getting tuition. But I'm thinking of getting tuition for L3. Which tuition provider is better among noesis, kasturi and sunway?
gn02761859
post Aug 1 2014, 12:30 PM

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Noesis has lecturer who are also CFA exam marker. However, I heard Noesis ppl say LV3 is not easy to spot the question, and they are good in lecturing L1 and 2 only.

I went for both Kasturi and Noesis tuition before and I do prefer the style of lecturing by kasturi.
Noesis QM and FRA lecturer are good but if not mistaken the FRA lecturer didn't teach L3.

I not sure about Sunway but my friend told me that their L2 Derivatives class only have 6 hours, compare to 12 hours in Kasturi and lecturer still yet to completely explain all details. I wondering how Sunway do it in only 6 hours.
Jason_khoo
post Aug 1 2014, 03:58 PM

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QUOTE(gn02761859 @ Aug 1 2014, 12:30 PM)
Noesis has lecturer who are also CFA exam marker. However, I heard Noesis ppl say LV3 is not easy to spot the question, and they are good in lecturing L1 and 2 only.

I went for both Kasturi and Noesis tuition before and I do prefer the style of lecturing by kasturi.
Noesis QM and FRA lecturer are good but if not mistaken the FRA lecturer didn't teach L3.

I not sure about Sunway but my friend told me that their L2 Derivatives class only have 6 hours, compare to 12 hours in Kasturi and lecturer still yet to completely explain all details. I wondering how Sunway do it in only 6 hours.
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Thanks!!!
miciko
post Aug 6 2014, 10:40 AM

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Hi, anyone needs CFA materials (Kaplan Schweser)? Just passed exam and im feeling generous. biggrin.gif

Kindly PM me if interested
dolphivy
post Aug 11 2014, 10:10 PM

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anyone interested to start study group online?
djack
post Aug 13 2014, 12:24 PM

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is it possible to register for the exam for level 1 without going for a tuition centrE?
fino_abama
post Aug 13 2014, 12:29 PM

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QUOTE(djack @ Aug 13 2014, 12:24 PM)
is it possible to register for the exam for level 1 without going for a tuition centrE?
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Yes of course. The CFA program is designed for self-study. Going for tuition helps in understanding the materials better and boosting your chances of passing.
djack
post Aug 13 2014, 12:53 PM

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QUOTE(fino_abama @ Aug 13 2014, 12:29 PM)
Yes of course. The CFA program is designed for self-study. Going for tuition helps in understanding the materials better and boosting your chances of passing.
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So i just go to http://www.cfainstitute.org/programs/cfapr...ages/index.aspx and register ?

i am planning to purchase books from other members here.
fino_abama
post Aug 13 2014, 01:04 PM

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QUOTE(djack @ Aug 13 2014, 12:53 PM)
So i just go to http://www.cfainstitute.org/programs/cfapr...ages/index.aspx  and register ?

i am planning to purchase books from other members here.
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Correct, just create an account and enrol for the exam. I think they will ask you to choose either ebook or hardcopy books. Unless you are taking the ebook from the Institute and you buy the textbooks separately from Lowyat members.
djack
post Aug 13 2014, 01:04 PM

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QUOTE(fino_abama @ Aug 13 2014, 01:04 PM)
Correct, just create an account and enrol for the exam. I think they will ask you to choose either ebook or hardcopy books. Unless you are taking the ebook from the Institute and you buy the textbooks separately from Lowyat members.
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thanks notworthy.gif
red123
post Aug 18 2014, 03:20 PM

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Hi guys I wanted to enroll CFA soon as I am interested in the subjects however I am not too sure of some questions and hope you can clarify with me, thanks.

1) Is CFA difficult to pass? I heard that level 1 itself is tough enough with only 30% of passing rate each year.

2) I do not have any economic, accounting, finance, taxation and banking knowledge since I was from science stream in middle school and my degree has nothing to do with accounting and finance. Therefore will it be like ‘extra’ hard for me compare to all of you. And if yes, does that mean I have got no choice but to take up classes in institutions.

3) What are the recommended colleges, institutions so far? And approximately how do they charge? If I preferred those which are located in KL.

4) Are the subjects bulky and very incomprehensible? Because I am working full time now therefore I will have to study and work at the same time. Therefore under such circumstances is it possible for me to pass everything smoothly in this 3 years.

5) What would CFA help in my future career?

6) Besides CFA, are there any other recommended courses for me to take up?

Thank you for your guidance in advance.

This post has been edited by red123: Aug 18 2014, 03:20 PM
miciko
post Aug 18 2014, 06:46 PM

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QUOTE(red123 @ Aug 18 2014, 03:20 PM)
Hi guys I wanted to enroll CFA soon as I am interested in the subjects however I am not too sure of some questions and hope you can clarify with me, thanks.

1) Is CFA difficult to pass? I heard that level 1 itself is tough enough with only 30% of passing rate each year.

2) I do not have any economic, accounting, finance, taxation and banking knowledge since I was from science stream in middle school and my degree has nothing to do with accounting and finance. Therefore will it be like ‘extra’ hard for me compare to all of you. And if yes, does that mean I have got no choice but to take up classes in institutions.

3) What are the recommended colleges, institutions so far? And approximately how do they charge? If I preferred those which are located in KL.

4) Are the subjects bulky and very incomprehensible? Because I am working full time now therefore I will have to study and work at the same time. Therefore under such circumstances is it possible for me to pass everything smoothly in this 3 years.

5) What would CFA help in my future career?

6) Besides CFA, are there any other recommended courses for me to take up?

Thank you for your guidance in advance.
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1) You'll be able to pass if you study
2) i know of people who are not finance background & passed the exam through self study, but he is very disciplined in preparation and studied every weekend. I think if you don't have enough self-disciplined, better go tuition
3) Kasturi, Sunway, Noesis - around RM4k to RM5k
4) Its English, so how incomprehensible can it be?
5) Yes - if you want to pursue career as an analyst
6) MBA? if you have the time & money

gn02761859
post Aug 18 2014, 07:40 PM

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I would like to highlight that the CFA exam is not tough, but you need to spend time and very disciplined in study.

I suggest to spend at least 2 hours everyday for atleast 3 months for preparation.
red123
post Aug 18 2014, 08:51 PM

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QUOTE(miciko @ Aug 18 2014, 06:46 PM)
1) You'll be able to pass if you study
2) i know of people who are not finance background & passed the exam through self study, but he is very disciplined in preparation and studied every weekend. I think if you don't have enough self-disciplined, better go tuition
3) Kasturi, Sunway, Noesis - around RM4k to RM5k
4) Its English, so how incomprehensible can it be?
5) Yes - if you want to pursue career as an analyst
6) MBA? if you have the time & money
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Thanks alot.

For No.3 Is RM4-5k the fee for each level or each month?

QUOTE(gn02761859 @ Aug 18 2014, 07:40 PM)
I would like to highlight that the CFA exam is not tough, but you need to spend time and very disciplined in study.

I suggest to spend at least 2 hours everyday for atleast 3 months for preparation.
*
Thanks alot.

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