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Business Chartered Financial Analyst (CFA)

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tohff7
post Nov 24 2011, 08:47 AM

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Yes. Studied with CFA textbook but practice with Schwaser Q-Bank and Schwaser Practice Exam
tohff7
post Nov 25 2011, 10:30 AM

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QUOTE(Knight_2008 @ Nov 25 2011, 02:26 AM)
but how to study on weekdays when you're working. i understand that research house are always busy.

btw,u are a veteran in this industry right? cna u give me some advice. between alliance research or public mutual, which one will u recommend?
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Working in research house is not that busy till you need to work till 1-2am everyday. Probably happen during corporate announcements season when you have like 3-4 results in a day.

You can try to wake up early and study for 1-2 hours everyday before you go to work (though i never did so).
tohff7
post Dec 19 2011, 09:59 AM

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No offense to anyone, but IMHO, the CFA exams itself are relatively much more easier compared to the CFA syllabus itself.

So, passing the exam is one thing. Whether you learnt or understood the material is another thing.

Having said that, this actually also applies to tertiary and secondary education system as well
tohff7
post Dec 28 2011, 03:31 PM

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Analyst is such a dream job for everyone lol
tohff7
post Mar 30 2012, 10:58 AM

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QUOTE(YH90 @ Mar 28 2012, 11:35 PM)
No offense.

You have been researching whole day and you can't even find the entry requirements for CFA?

It's either your definition of a "whole day" is different or your researching skills need some major improvement.

Can't imagine a future financial analyst who can't even carry out such an easy task.

Even if you do pass your CFA, you will need to undergo some major improvements in order to stand equal with other analyst.
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Ouch!! So harsh T_T
tohff7
post Apr 24 2012, 12:06 AM

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Getting all subjects above 70% is easy. Just be discipline and study as early as possible with the final 1 month or 2 weeks focusing on practice exam.

And also focus more on Alternative Investments. Why? Because it have the least questions. Just a few wrong questions and you can kissed your 70% goodbye.
tohff7
post May 3 2012, 09:52 AM

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Alternative Investments for both my Level 1 and Level 2. laugh.gif

But anyway, i self-study so i don't really mind tongue.gif
tohff7
post Oct 10 2012, 11:15 PM

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QUOTE(jnisabed @ Oct 9 2012, 03:56 PM)
Hi all, I'm relatively new to the financial industry and have come across the CFA qualification. I would like to ask what are the benefits of becoming a charterholder? I heard from a relative of mine that it will not increase your emolument and in her words "CFA is relatively useless".
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+1 to your relative. Having a CFA to your namecard looks cool but won't carry much weight. Not the textbook knowledge, but it is the 4-year related experience that you accumulated is the more important and relevant.

Has been doh.gif many times hearing stories of newbies (passed CFA L2/L3 examination) using textbook materials to support their arguments or other things doh.gif
tohff7
post Oct 12 2012, 10:57 AM

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Noesis seems to go for the "premium" brand route. lol

this year CFA exam they even booked Paparich and prepared food in advance for their students.
tohff7
post Oct 23 2012, 07:55 AM

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bet you won't have a life if you do all that papers/degree and working at the same time.

you might think it's cool to have so many qualifications, but as you rightly pointed out, most people will think it as ridiculous.

If you really into studying, might as well take a PhD and be a professor.
tohff7
post Oct 29 2012, 04:09 PM

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running away from forum topic lol.

stlove, you are putting yourself in the crossfire for most of the forumers here. FYI, most of us here might not have the luxury like you to be able to pursue Masters or tons of professional qualifications, whether in term of time or financial resources.

Also, since u studied finance, i assume you are well-versed in the concept of "return on investment". Just ask yourself whether the additional qualifications you pursue will add incremental value to you or not. Period. That will answer your question.
tohff7
post Nov 2 2012, 08:00 AM

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You can write "Passed CFA Level 2". Not sure whether "have CFA Level 2" is politically correct or not. Also, not entirely sure if you can put it under professional qualification

CFA Institute has a strict requirement on this. So better check.
tohff7
post Jan 23 2013, 12:30 PM

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QUOTE(yeapwei @ Jan 23 2013, 10:32 AM)
Only 37% candidates pass for level 1.

Ok...
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because every ah chu, ah kau and ahmad can sign-up for Level 1. Not because it is super hard
tohff7
post Mar 1 2013, 05:00 PM

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QUOTE(dreamgirlz @ Mar 1 2013, 09:51 AM)
Hey guys,

I am currently a second year student in a local private uni and aiming IB as my future career. I am currently doing a Finance degree. CFA seems to be a must-do if i wanna work front line in IB.

I would like to seek advice, whether I should do CFA level 1 during my final year or later?

If i do it during my final year, I worry that I couldnt cope with both my studies and CFA preparation. But, CFA Level 1 seems to be essential for local private uni fresh grad to break into the industry.

Advice needed. Thank you in advance. icon_question.gif
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Untrue
tohff7
post Mar 2 2013, 10:25 PM

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1. Your competition is probably from ppl that graduated from Australia universities or some UK university. Definitely not top Ivy League. If i am top ranked university graduate from the likes of LSE or Wharton, I might as well aim for at least the IBs in Singapore. Pay is way better, not even considering the conversion rate.

2. Which specific area of IBs are you actually looking for? Some departments are fairly easy to enter for graduates (i.e. need slaves to do tedious boring work) and some don't even want to consider freshie (unless u really outstanding and/or u are Bumiputra and/or you know or is the relative of someone bigshot)

This post has been edited by tohff7: Mar 2 2013, 10:30 PM
tohff7
post Mar 3 2013, 04:47 AM

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QUOTE(YH90 @ Mar 3 2013, 12:32 AM)
LSE grads are fairly common in local IB's. I wonder why.......

Anyway, he is just a 2nd year degree student, I doubt he knows all the aspect of IB other than the pay. =/
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Depends on what the background for those LSE grads i guess. Not uncommon in finding people that want stay closer to parent biggrin.gif

 

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