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# Anyone here studied for CFA or going to???

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Manager
Joined: 20 Apr 2003
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Anyone here studied for CFA or going to??? [#permalink]

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26 Mar 2004, 20:38
Got a new job and going back to school won't be an option. Thought I try this out for now but have no idea how to approach it. Any advice would be greatly appreciated.

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GMAT Club Legend
Joined: 15 Dec 2003
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26 Mar 2004, 20:43
I'm a lvl3 CFA candidate. Feel free to ask any question. To answer your question, I would need more detail as to your background and why you want to do the CFA. Feel free to PM me if you prefer
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Best Regards,

Paul

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27 Mar 2004, 14:56
Paul wrote:
I'm a lvl3 CFA candidate. Feel free to ask any question. To answer your question, I would need more detail as to your background and why you want to do the CFA. Feel free to PM me if you prefer

Paul, you never stop surprising us

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Intern
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02 Apr 2004, 12:31
lvl 3 candidate here as well. If you have finance/accounting background you can use the prep notes (schweser etc.); if not, get the basic accounting/finance review from schweser and use text books. Give yourself at least 9 months of prep if you have absolutely no finance/accounting background. Otherwise, 4-6 months should be enough for lvl. 1. Make sure you get the text bank software and do as many Qs as you can.

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21 Apr 2004, 20:03
Hey guys. Sorry for the really late reply. I completely forgot about it. Anyway, I am a Finance major but it's been a while since I got out of college. So most of what I learned is no longer there. I figured it will take me a while (a year for each level). I figured I can handle this while I'm at my current employer (long hours = no grad school) since I can study at my own pace.

The problem is that I have no clue how to go about getting it...

what books are necessary? or recommended??
are there multiple books for each level?? i'm pretty sure its multiple books/subjects for each level. or am I wrong in thinking this?
are there prep courses??

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23 Apr 2004, 14:49
Hi Andyd. I personally used test prep providers to prepare for the CFA. I think one of the best known providers is Schweser. You can check their website at http://www.schweser.com. I also know about Stalla (http://www.stalla.com) which is another good test prep provider. I cannot comment on the latter since I did not use it for my preparation although I did see the actual books. I did not find the latter as user friendly as Schweser but that may be more a matter of personal taste. You can also buy the actual AIMR books at http://www.aimr.org. Some people find it more useful to have the actual books but you don't necessarily have to buy the recommend textbooks. The difference is that if you buy the textbooks (~1200\$), you are good for the 3 levels (unless there are new editions coming out) whereas you will have to buy the study notes for each of the level (~299\$) if you do it with a test prep provider.

If you have a good finance background already, a test prep provider should be sufficient to make you pass each of the level. You can also check out this website: http://www.analystforum.com which is an active CFA candidates community where you can post your questions. I am not too impressed with many of the threads on that forum but it is the only one I know of that is CFA related.
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Best Regards,

Paul

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21 May 2004, 20:21
Thanks for all the info!!!! (Late reply again...sorry )

Anyway, I appreciate it. Still debating whether I can do this or not with the hours I've been working lately. I think I'm gonna order some Kaplan intro book on CFA to check out what I would be getting myself into if I do decide this is something I want to do.

Mind me asking how long it took you to do all the levels.

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21 May 2004, 20:21
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# Anyone here studied for CFA or going to???

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