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Business Chartered Financial Analyst (CFA)

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khai1213
post Aug 14 2009, 06:25 PM

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I'm a business degree student and my ultimate goal is CFA and working in the finance field. So I'm wondering if majoring in Accounting and "Banking and Finance" would help me to achieve my goal easier, rather than majoring in economics and "Banking and Finance"? There were so many people telling me that accounting and "Banking and Finance" are like inseparable couple, especially for those planning to work in financial sector. But i think i prefer economics more than accounting and i am not going to work in any of these field if chances are provided. Also, would accounting knowledge helps me while taking CFA exam?

Would really appreciate your info.
khai1213
post Jan 10 2010, 12:14 PM

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Hey guys, is CFA level 1 really that easy? I mean seems like lots of people here study the level 1 paper on their own without going for tuition.
khai1213
post Mar 31 2010, 10:00 PM

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There's no scholarship for CFA.
khai1213
post May 26 2010, 10:29 PM

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You don't need a CFA if you aren't heading to investment field. If you want to be a CEO of an engineering firm, my opinion would be bypass CFA and go straight to MBA. Anyway that's just my opinion.
khai1213
post Jul 28 2010, 08:31 PM

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tohff7, could u pls PM me the link as well. If you have the link for level 1 study materials pls send them to me as well. Thanks a lot.
khai1213
post Sep 3 2010, 09:07 PM

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Are candidates allowed to enroll for Level II before the result of Level I release? If it's not allowed, wouldn't it be a little too much and too hard for candidates who plan to sit for Level II in June of the following year?
khai1213
post Sep 8 2010, 06:58 PM

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Kinwing, you mentioned that you spent more than 1000 hours on each level. Roughly how you allocate your time on studying the books and doing exercises? Btw, 1000 hours seems a lot, did you got the time to pick chapters that you're not well prepared and study from scratch again?
khai1213
post Sep 17 2010, 03:15 PM

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QUOTE(kinwing @ Sep 16 2010, 03:25 PM)
since i was studying cfa full-time, i can spend 7 to 8 hours each day to read books, doing questions from the books or attending courses at kasturi college, so just treating the studying process like duty in working. so just assume everyday we studied 7 hours, so total 1,000 hours divided by 7 hours, roughly we need to spend around 150 days in studying.

when i started level I, i did it in self-study n not attending any courses. though i registered to sit for level I dec exam at feb 2008, i only seriously started to study the materials in august after resigned from the job, so i was then left another 150 days to study from aug to dec. everyday i spent 9 to 10 hours (even in weekend i was reading) to read the books from scratch, word by word, line by line. as im a slow learner, even wif degree background in finance, the 6 books still cost me almost 120 to 130 days to complete. i remembered after finish reading the materials, i only had 2 remaining weeks to do the mock/sample questions from CFA website b4 the exam.

though i passed level I wif only 2 sections <70%, i realised tat i might not b capable to handle level II myself, n some more i could only register for level II June exam at late Jan 2009 becuz the level I result was only announced at late Jan. so i decided to take course. as the time arrangement of the course in kasturi college was indeed quite squeeze since we had only short time frame from feb to june. the class normally being arranged at weekend, sat n sun, from 10am to 5pm. sometimes the class might b arranged at weekday from 6pm to 9pm.

when i studied level II n III, i didn't read the 6 books word by word, cuz i realised after going to attend the course, i dun hav the time to do such a mass reading as wat i did in level I. some more i had taken note the important points from the course, i just pick to read those topics tat related to the LOS. of course doing those questions from the books is a must must. please take note tat reading important topics according to LOS doesnt mean we skip/pick chapters n speculate which part wont b tested, otherwise i just cant understand y we spend so much effort to sit for the exam n end up we skip to learn alot of the knowledge?

btw, i was able to read through the 6 cfa books for level II and III at least 2 rounds as i more well absorbed the books' knowledge after attending the class. i remembered the Level III books become tore apart after i was reading the books so many round. yah i did do more revision on those part tat i cant understand.
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Wow, thanks for the informative reply.
khai1213
post Feb 8 2011, 02:38 AM

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Hi guys, what are the differences between Texas Instruments BAII Plus and Texas Instruments BAII Plus Professional?
khai1213
post Feb 13 2011, 02:04 PM

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QUOTE(edwintan87 @ Feb 13 2011, 04:34 AM)
just my personal opinion ya~ BA11 better~~ but as long as it's a financial calculator which is fine enough~~ ^^..
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Could you explain further why BAII is better? Heard that BAII required more steps for the same calculation as compared to HP. But HP is a little slower and the design truly reflects its origin of an 80s gadget.
khai1213
post Mar 6 2011, 09:15 PM

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QUOTE(omnyomnyom @ Feb 19 2011, 04:50 PM)
Is there by any chance anyone here taking december 2011 CFA exam?  rclxms.gif
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smile.gif dec candidate here smile.gif

khai1213
post Mar 7 2011, 02:55 PM

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QUOTE(Valentineday @ Mar 7 2011, 11:05 AM)
u study at kasturi or ur own?
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Self-study so far.

 

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