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***OFFICIAL*** CFA Level 1 Thread

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***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 28 Jan 2012, 02:18
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Alright,

CFA LEVEL 1. Who's in? I'm taking mine in June and i'm more or less studying every minute I can get a hold of. Let's talk CFA :)
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 29 Jan 2012, 05:18
my question would be why do you need the CFA? pursuing a career in portfolio management?
if planning on IB, then from what I've read, CFA doesn't take you too far in getting a job offer.
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 30 Jan 2012, 21:12
the CFA is highly regarded as the highest designation in the investments industry. it takes a lot of time and dedication to be a holder. it's just the way it is. i know a lot of people think the CFA is a complete waste of time and that you could use the 300+ hours of studying networking and such, but i think sometimes the best way to climb that corporate ladder is by hitting the books. because quite frankly, anyone can network but it takes a select few that have the discipline and dedication to put in the time and effort. and ultimately, it shows knowledge and credibility.

i mean, look at me for an example. i'm going to an average university. not the best. so in order to help me move up, the CFA is the way to go. but that's just my 2 cents.
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 30 Jan 2012, 22:53
I'm planning on signing up for the CFA Level I for 2013. I may go for December of this year, as I heard the level 1 isn't usually extremely difficult for economics majors (which I was), as long as you put the time in. I'm dealing with a little beast called the GMAT first, however :-D .
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 11 Apr 2012, 10:32
yeah i've heard it wasn't too bad either but i'm still a little nervous about it.
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 12 Apr 2012, 00:09
i'm an italian student majoring in economics, i just took the gmat and got 710. i'm planning taking a mac in finance in 2013, but i'm thinking about preparing the cfa level 1 before starting it. i won't have any opportunity to gain an internship before my master, so i i think that the cfa will help me when i'll look for recruitment after the master. which books are you using? where can i find the detailed program for the first level exam?
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 14 Apr 2012, 12:28
What do you guys think about passing CFA level 1 in December of senior year in college ? Would this enhance my job prospects ?
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 15 Apr 2012, 23:48
yeah man, i think it will help you a lot and it should open some door.
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 04 Jun 2012, 11:21
who here sat for the CFA level 1 exam on June 2 (like two days ago)?
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 04 Jun 2012, 12:21
vwjetty wrote:
who here sat for the CFA level 1 exam on June 2 (like two days ago)?

I sat for L3
How was your exam?
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 04 Jun 2012, 16:28
sat for level 1.

i think it went ok. afternoon session was more difficult for sure lol. but i had a good grasp of my timing so i finished with plenty of time to go back and try to make an educated guess on the ones i wasn't too sure about.
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 05 Jun 2012, 14:13
Great !!!
Level 3 was killer...i actually missed a question in the AM section...not because I didn't have time...but because I didn't see it !!!
to add to my misery..it was the easiest question!!!
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 07 Jun 2012, 16:29
well, on the CFA website they say that the committee will review all the questions and if any of them are "bad" or "had multiple answers" that they would throw them out. Let's just hope that the one you missed was one of them :)
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 08 Jun 2012, 01:08
vwjetty wrote:
well, on the CFA website they say that the committee will review all the questions and if any of them are "bad" or "had multiple answers" that they would throw them out. Let's just hope that the one you missed was one of them :)

I wish, but this was the AM section and the subjective paper!
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 08 Jun 2012, 01:09
Anyway, better to wait for the result and in the meantime concentrate on gmat/applications
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 08 Jun 2012, 17:23
I sat for level 2 though it didnt go particularly well

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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 08 Jun 2012, 17:28
librrra wrote:
I sat for level 2 though it didnt go particularly well

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Level 2 was tough this time..all of the people i know are not very confident... so as the paper was difficult for all..chances are that the MPS can be lower
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 12 Jun 2012, 14:20
hopefully this year the pass rate will go up (relative to the year before)
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 13 Jun 2012, 01:19
vwjetty wrote:
hopefully this year the pass rate will go up (relative to the year before)


hmm.. I think that the pass rates may go down... more and more people are enrolling for the CFA exams .. and the institute would want to control to preserve the value of the cfa designation
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Re: ***OFFICIAL*** CFA Level 1 Thread [#permalink] New post 13 Jun 2012, 05:10
Hi guys would like to ask what type of jobs are you in? Is the CFA really needed in it?

I heard CFA is essential in investment and research. However, in the realm of investment banking, MBA is still the gold standard.

Hope to hear your take on this.

Regards,
Dave
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Re: ***OFFICIAL*** CFA Level 1 Thread   [#permalink] 13 Jun 2012, 05:10
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