7 Things I Wish I Knew Before Taking the CFA Exams

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  • เผยแพร่เมื่อ 27 ธ.ค. 2024

ความคิดเห็น • 176

  • @shaivik
    @shaivik 3 ปีที่แล้ว +266

    Didn't see the 7th one coming😂😂😂😂 Hilarious!

  • @karabontwayagae8389
    @karabontwayagae8389 3 ปีที่แล้ว +14

    gotta give it up to you for keeping a straight face while saying the 7th point

  • @gustavom8726
    @gustavom8726 3 ปีที่แล้ว +52

    So true. I sit two times for the level I, the first one I was not prepared enough, I passed on the second but this one was computer-based already. However, it seems that the very first time sitting for the exam is in my mind as one of the best moments in my life, I remember waking up early, going the application center, everything was so familiar to me, the coffee smell, the people, the benches and chairs, everything! and all I could think about was: "Yeah man, this is where I am supposed to be today, this is what I really want"

  • @merc340sr
    @merc340sr 3 ปีที่แล้ว +49

    I sometimes get this "addiction" when doing math problems. When doing a complex problem and getting the wrong answer, I keep trying until I get the right answer.

  • @tariitonyo3360
    @tariitonyo3360 3 ปีที่แล้ว +6

    Looking forward to the 7th. This level 3 is a beast.

  • @yannicklaurent9129
    @yannicklaurent9129 3 ปีที่แล้ว +10

    I never realized it until now but I actually do rember taking L1 very fondly for the exact reasons you mentioned

  • @MachoMandem
    @MachoMandem ปีที่แล้ว +2

    Man that last one made my day!

  • @gregorybattis9588
    @gregorybattis9588 3 ปีที่แล้ว +18

    I just signed up for level 1 about a week ago (Nov). Its been 3 years and 4 months since I decided to go back to university with the sole purpose of taking the CFA exams. I got a long road and lots to learn but am excited for it.

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว +3

      Yo, best of luck man. Hard work can pay off.

    • @gregorybattis9588
      @gregorybattis9588 3 ปีที่แล้ว +1

      @@straighttalks-ajsrmek323 Thanks! Back to studying now :D

    • @ritahinabukenyaiii838
      @ritahinabukenyaiii838 3 ปีที่แล้ว

      How’s it going so far?

    • @gregorybattis9588
      @gregorybattis9588 3 ปีที่แล้ว +1

      @@ritahinabukenyaiii838 Very good I've built a study plan that is working well I am about 35% done with the curriculum for the November exam. Scoring 80%+ on questions

    • @anshulchaudhary5073
      @anshulchaudhary5073 3 ปีที่แล้ว

      @Gregory Battis From where have you bought those practice questions?

  • @TheCresPOP
    @TheCresPOP 3 ปีที่แล้ว +2

    This video is a must see… I told a colleague that is thinking about beginning to study first you watch this yourself, then if you want to continue, you rewatch it with your wife holding hands !

  • @DJOttmar
    @DJOttmar 11 หลายเดือนก่อน +1

    I just finished the FRM, both parts within a single year. I feel like I have not been doing anything other than studying. So I know the addiction feeling, I am starting to miss it, but enjoying the sheer volume of free time I have now :D

  • @teemo-kawaii3423
    @teemo-kawaii3423 3 ปีที่แล้ว +8

    I'm starting level 1 and studying FRA after Quant and Econ. Thank you for uploading this

  • @renzzo_contreras
    @renzzo_contreras 3 ปีที่แล้ว +21

    I applied to the University two years ago to study Accounting. I got it, but I've never expected to really focus myself in Finance. I mean, when i took Financial Math course I realize that I really wanted to be part of financial world. I'm very grateful to my professor because he talked to all the class about CFA program and that's why i'm here now. Probably if he had never teached me, i would be lost right now. Most of my classmates don't like Finance, they say Finance is boring or kind of hard (because they couldn't pass Financial Math properly). From my point of view (and my professor as well) in this world an accountant has all the tools to become financer and in fact we have to do it because Finance look at the future, but to look at it we have to look at the past and that's where Accounting is crucial. Thank your for doing these videos man, i really appreciate

  • @joaquinms8891
    @joaquinms8891 3 ปีที่แล้ว +6

    I completely understand the "Study Addiction". It really becomes one.

  • @heshanpalliyaguruge6333
    @heshanpalliyaguruge6333 2 ปีที่แล้ว +3

    Thank you so much sir. I am currently deciding between pursuing the CPA or CFA as I'm doing a double major in Finance and Accountng. This helped me a lot to understand what to expect for the CFA.

  • @dnyaneshwarnagane2001
    @dnyaneshwarnagane2001 2 ปีที่แล้ว +1

    Your voice is sooo calming

  • @kavitabatra4537
    @kavitabatra4537 3 ปีที่แล้ว +7

    I so relate to the first two points, people feel you are ignoring them but the truth is the so much of study required for this exam and ya study becomes an addiction. The scorecard at the end of practise questions surely a motivating factor and motivates you to study and work harder even more .

  • @conwayGAMES
    @conwayGAMES ปีที่แล้ว +2

    this is a really good video, a lot to think about.

  • @TheLadylogik
    @TheLadylogik 2 ปีที่แล้ว +1

    I watched the whole thing, and thought the last one was hilarious!

  • @aadilbassa
    @aadilbassa 3 ปีที่แล้ว +31

    Number 7 was unexpected ! I actually was waiting for the "April Fools" after that haha
    We need more stories of your wife beating other women for hitting open you ! lol
    Great vid as always

  • @mpt2878
    @mpt2878 2 ปีที่แล้ว +3

    The part when you try to explain your high school friends that you achieved something amazing without sounding like an asshole is always the most difficult part

  • @Luke-nh5tu
    @Luke-nh5tu 3 ปีที่แล้ว +2

    these are really good analysis!! you have described my situation in the first and second point

  • @lloydn6095
    @lloydn6095 3 ปีที่แล้ว +1

    Haha 7th! Like the confidence brotha! 👊

  • @harshvardhantonage4871
    @harshvardhantonage4871 3 ปีที่แล้ว +1

    Last point was interesting!!

  • @jf13579
    @jf13579 3 ปีที่แล้ว +2

    9:23 does anyone else see a little Ben Wyatt smile here, or is it just me?
    In all seriousness, thank you so much for this video. The CFA is something which I will pursue next round and for which I have resolved myself to undertaking. I am under no illusions as to how difficult and taxing this will be. Watching this video is helping me harden my mind towards achieving my goal, while also giving me a couple of laughs along the way. Subscribed and look forward to more helpful videos in the future!

  • @NK-vw4ms
    @NK-vw4ms ปีที่แล้ว +1

    Love the ferrari. More of a red bull guy here tho.

  • @barnabas4608
    @barnabas4608 ปีที่แล้ว +1

    For a competitive person, take the exams is like an Academic Gauntlet, after Level 3, you might not ever get to experience that again. DAMNNN HELLL YES. My competitive folk!

  • @Ari-lu5ve
    @Ari-lu5ve ปีที่แล้ว +1

    Studying for the CPA (not the CFA) right now and this is EXACTLY what im feeling. literally read my mind.

  • @darshangowda9347
    @darshangowda9347 2 ปีที่แล้ว +16

    Ah no. You have women swooning over you because you're an extremely handsome chap. The CFA is just an excuse to talk to you.

  • @mourgelas4510
    @mourgelas4510 ปีที่แล้ว

    That about women is a nice one. It might motivate some people...

  • @sylphsh
    @sylphsh 3 ปีที่แล้ว +2

    I love the the women part of the video! :P I think the reverse would also be true, women who get’s the CFA charter would also look more attractive to men. This could actually be a strong incentive to study CFA and trying to become a CFA charterholder. :)

  • @TaylorCFP
    @TaylorCFP 3 ปีที่แล้ว +2

    LOL @ the last point. Today is a timely day for a post like this. :)

  • @sallom432
    @sallom432 3 ปีที่แล้ว +2

    RIP for mentioning the last one 🪦

  • @TristanBeulah
    @TristanBeulah 2 ปีที่แล้ว

    As SOON as I saw the last subtitle I checked the date this was posted. XD

  • @themispapavlasopoulos2189
    @themispapavlasopoulos2189 3 ปีที่แล้ว +4

    I am 37 and moved in US 2 years ago. Got my series 7 and 66 and thinking about CFA. Do you think I would have good chances for employment if I get it no matter that a bit older than most new CFA holders?

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว +1

      Yes! It can be very beneficial at any point in a career.

    • @kavitaiyer9971
      @kavitaiyer9971 2 ปีที่แล้ว

      hey mate, so in my class people as old as 44 take the exam it even adds to their work so I think its definitely a perk

  • @patatr4943
    @patatr4943 7 วันที่ผ่านมา +1

    13:35 it is indeed "really bad" 😂

  • @abiolahammed9122
    @abiolahammed9122 3 ปีที่แล้ว +4

    I find the 7th point contradicting your claims that people don’t know the CFAI.
    The fact that random people at McDonalds can make out your “status” from a pen 🖊 on your suit doesn’t corroborate that there is low public awareness of the charter.

  • @arjuncv5277
    @arjuncv5277 3 ปีที่แล้ว

    No.7 was fantastic 😅

  • @mohit3494
    @mohit3494 3 ปีที่แล้ว +6

    Hahahaha 😂 No.7 was lit 🔥

  • @i123456987654
    @i123456987654 3 ปีที่แล้ว +1

    Oh wow, I want to feel that high...I guess I'll have to take the exams one day

  • @slavakolesov1107
    @slavakolesov1107 3 ปีที่แล้ว +1

    nice video, thanks a lot

  • @gatsbyliu1084
    @gatsbyliu1084 2 ปีที่แล้ว +2

    U mean CFA boosts your tinder profile? I am in!

  • @preetijoshi1437
    @preetijoshi1437 ปีที่แล้ว

    True I hate my life but still pulling it...

  • @samkobby98
    @samkobby98 3 ปีที่แล้ว +4

    Wow thank you so much for the vid, I’m 21 years old finishing uni next month. Do you think I should try complete my CFA qualification as soon as possible. Will it be better to work part time or full time whilst studying it too?

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว +3

      If you want to work in the investing industry, working towards the CFA could be a great idea. And you should be able to work full time while still studying for the CFA.

    • @samkobby98
      @samkobby98 3 ปีที่แล้ว

      @@straighttalks-ajsrmek323 thank you so much for the advice! God bless

  • @charlesukatu7327
    @charlesukatu7327 2 ปีที่แล้ว +1

    12:54 is the only information you need in this video

  • @moderngod1
    @moderngod1 3 ปีที่แล้ว +1

    how often do you sit at a desk and stare at spreadsheets in a given week?

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว +1

      Maybe 1 hour per week.

    • @moderngod1
      @moderngod1 3 ปีที่แล้ว

      @@straighttalks-ajsrmek323 no way so what’s the rest of your work week look like? Maybe a video on that would be good

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว +1

      @@moderngod1 I have one about this!

  • @erichilarious3066
    @erichilarious3066 3 ปีที่แล้ว +2

    Hi! Quick question, I see on the pre requisite for the CFA is you can have either a bachelors or 4 years of work experience. I was wondering if you knew of anyone that was successful as a chartered CFA without a degree and if a degree is needed for jobs or internships in your opinion. I’ve been working for a bank for 2 years and would love to become a fully chartered analyst but don’t want to rack up a bunch of debt if not required. Thank you 🙏

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว +1

      You do need a 4 year degree to become a CFA.

    • @brethitmanhart275
      @brethitmanhart275 3 ปีที่แล้ว +1

      @@straighttalks-ajsrmek323 not true AJ. You can have "Professional work experience". 3 years minimum and totalling over 4000 hours.

    • @daverehulka
      @daverehulka 3 ปีที่แล้ว +1

      @@brethitmanhart275 is correct. You can become a CFA even without a degree if you make up for it with work experience. But I can't tell you how people would see you without one.

  • @maxb5957
    @maxb5957 2 ปีที่แล้ว +1

    Max was here

  • @thewhiteshadow96
    @thewhiteshadow96 3 ปีที่แล้ว +3

    Do you think I will be able to pull as many women with a CFP instead of a CFA? Or is the CFP more like picking up chicks in a BMW whereas the CFA is like picking them up in a lambo?

  • @stephenreed2742
    @stephenreed2742 2 ปีที่แล้ว

    How long fo you think materials become outdated if I was to borrow from someone?

  • @joshmatthews2031
    @joshmatthews2031 3 ปีที่แล้ว +1

    Hey AJ, wondering if you used an iPad or tablet to study for any of the CFA levels?

  • @optimistickhanzada632
    @optimistickhanzada632 ปีที่แล้ว

    Can social science (Mass Communication) bachelor degree holder give CFA exam?

  • @blakemcgill6384
    @blakemcgill6384 2 ปีที่แล้ว +5

    "I don't leave the house without my CFA pin on"??? And "Women are so into me" And "Really you guys, I don't have an ego" 😂😂😂😂😂

  • @ruijialiu3436
    @ruijialiu3436 3 ปีที่แล้ว +1

    Morning!!!!

  • @palesamphatsoe959
    @palesamphatsoe959 2 ปีที่แล้ว

    Hi, I just graduated in an investment degree last year and I genuinely don't know what career path to pursue in this industry. I enjoy the stock market and learning about the mechanics and technicalities of how it works, but I enjoy interacting with people. I don't know what career path I can pursue that incorporates some degree of both 😢

  • @krishnathapa1122
    @krishnathapa1122 3 ปีที่แล้ว

    that last part's joke was bit funny for me. and having to explain about cfa is tiring esp when almost none of them know about it even theoretical in nature. considering doing cfa along with other career options also

  • @keysbando9491
    @keysbando9491 2 ปีที่แล้ว

    Hey, I’m fresh out of high school and plan on going to college to become a finical analyst. Do u have like a plan or advantage I should take, throughout my career

  • @MathTutorVideos
    @MathTutorVideos ปีที่แล้ว +1

    How many women keep throwing themselves at me at Taco Bell and McDonalds when they see my CFA Pen, lol. Great humor at the end.

  • @pankajarya6580
    @pankajarya6580 ปีที่แล้ว

    Does cfa give questions form candidate resources ?

  • @AgricEcon
    @AgricEcon 3 ปีที่แล้ว

    Studying is addictive... after CFA what did you do next? Is there another program that you pursued or plan to pursue?

  • @NotstarvinMarvin
    @NotstarvinMarvin 3 ปีที่แล้ว

    The CFA dont "market" themselves because if you are really willing and eager to learn you find out what it is by yourself like in all area's of life.

  • @1984beanz
    @1984beanz 3 ปีที่แล้ว

    Delivery was just right i reckon.

  • @edgarg6559
    @edgarg6559 3 ปีที่แล้ว

    Hi, if you don’t mind me asking, how old are you? I’m 31 and going through a career change and am considering the CFA but getting a little discouraged that it might be too late for me.

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว

      27. 31 is definitely not too late! If it makes sense for you, go for it.

  • @shehrozusman1087
    @shehrozusman1087 2 ปีที่แล้ว

    One Question: Can a candidate working 9-5 do CFA whilst keeping up his job?

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  2 ปีที่แล้ว

      Definitely! That is how myself and most candidates do it.

    • @shehrozusman1087
      @shehrozusman1087 2 ปีที่แล้ว +1

      @@straighttalks-ajsrmek323 Thank you so much for the quick reply.

  • @Abhishek-gr7rp
    @Abhishek-gr7rp 3 ปีที่แล้ว

    Hey AJ, which youtube channels will you advice to the finance professionals?

  • @tomasito4082
    @tomasito4082 3 ปีที่แล้ว

    Do you think computer based testing will make it easier? I feel like pass rates could still be low as people tell themselves “ah ill just retake it in a few months if I fail”

  • @ridhikapoor1610
    @ridhikapoor1610 3 ปีที่แล้ว

    Have you done any other course with CFA sir??

  • @dinaseptiani4267
    @dinaseptiani4267 2 ปีที่แล้ว

    Having CFA Level 1 is that enough to apply job?

  • @mr.swanandvidwans1558
    @mr.swanandvidwans1558 2 ปีที่แล้ว

    Hi AJ, I have a background in Data Science and haven’t studied Economics / Finance. Am I eligible for CFA? Also, how tough it would be for a candidate like me to prepare?

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  2 ปีที่แล้ว

      Yes! Anyone is eligible. It would be tough to prepare but not impossible.

  • @tastyfoodbuzz5395
    @tastyfoodbuzz5395 3 ปีที่แล้ว

    Hey, I want to register for CFA level 1 (November 2021) but I'm really scared that'll pass or not and also that's probably a big amount for me... Could you please tell if I start preparing after month of may I would be able to complete all of my syllabus if study on daily basis for 3-4 hours for 5 months ? Is it enough ? Or I must register for (Feb 2022)? Please guide...
    And one more thing that
    Your videos helps a lot..

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว +4

      If you did 4 hours every day for 5 months, that would be enough to pass. Best of luck!

    • @techknowledgestuff
      @techknowledgestuff 3 ปีที่แล้ว

      I think last day to sign up for Nov 2021 is Aug 25 2021. Try to complete the first 4 books before this date and then sign up. The last 2 books have lesser weightage in the exam.

    • @christinekhona7166
      @christinekhona7166 ปีที่แล้ว

      ​@techknowledgestuff where do l find the first 4 books before l sign up as well

  • @tejaspatel254
    @tejaspatel254 ปีที่แล้ว +3

    1. Studying becomes an addiction.
    2. Its harder on your friends and relatives.
    3. Other people feel inferior.
    4. Ethical Dilemmas
    5. Exam day becomes Fun
    6. Explain to others about CFA
    7. Women.

  • @wolfoffwallstreet9902
    @wolfoffwallstreet9902 3 ปีที่แล้ว +1

    YOU ARE a SOOO correct- I am an indentured servant to CFA ...Lev3 in May Baby- I want to read a grisham novel or my WSJ/FT again!

  • @Johnny-k9f
    @Johnny-k9f 3 ปีที่แล้ว +3

    3 and 7 are the most interesting ones for me. I am level 1 and can't wait to have my CFA pin, not because of the women but rather for the power and fame it confers to the charterholer.

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว +2

      Lol

    • @Xryujfdjd
      @Xryujfdjd 3 ปีที่แล้ว +1

      Power and fame? Keep dreaming.

    • @annajones9701
      @annajones9701 3 ปีที่แล้ว

      Power fame? Lol. A top MBA or good Masters in finance with programming and Alts is better

  • @nickhanks3591
    @nickhanks3591 3 ปีที่แล้ว +1

    Woah woah woah, hold up, WTF??? Before she was a school teacher she was a mma fighter? 😂😂😂😂13:00

  • @nasrinsultana8515
    @nasrinsultana8515 3 ปีที่แล้ว

    What you prefer for

    • @nasrinsultana8515
      @nasrinsultana8515 3 ปีที่แล้ว

      What you prefer for CFA level 1 candidate's review?
      Practice problem from CFA curriculum or practice questions from CFA candidate resources?

  • @ElevenKings
    @ElevenKings 3 ปีที่แล้ว

    Have your career goals changed since becoming a CFA charter holder?

  • @omarmahmoud9179
    @omarmahmoud9179 3 ปีที่แล้ว

    Hahaha the 7th was hilarious xd i have my exam coming up soon and i cannot tell ya how scared i am!! I'm scared to the point that I'm thinking of postponing it but i see it fun to study now idk i feel like i became nerd!! Aside from that you see to be a gamer for me i got no clue why xd

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  3 ปีที่แล้ว +1

      If you know you have prepared well, don't postpone just from being worried. You got this!

    • @omarmahmoud9179
      @omarmahmoud9179 3 ปีที่แล้ว +1

      @@straighttalks-ajsrmek323 thanks man for being supportive, matter of fact this is the 2nd time i comment on your vids and you answer me. Let's see if the diminishing rule (testing my luck) has its own impact on TH-cam too xD

  • @i123456987654
    @i123456987654 3 ปีที่แล้ว

    Oh wow, people feel less and the ethical dilemmas...good to know

  • @viren456
    @viren456 3 ปีที่แล้ว

    I don’t understand what he wanna tell...

  • @saadansari9645
    @saadansari9645 3 ปีที่แล้ว

    Bro you are on a totally different level 😂

  • @J-th5sl
    @J-th5sl ปีที่แล้ว

    "I never leave my house without my CFA pin" 😂😂😂

  • @kushals155
    @kushals155 3 ปีที่แล้ว

    Wait, 7th one is obviously a joke.....right......?

  • @shawnmorrow8350
    @shawnmorrow8350 8 หลายเดือนก่อน +1

    Bwahaha, women throwing themselves at you for being a CFA. As a CPA, I need to become a CFA, as no woman is throwing themselves at the pocket protector, 10 key punching, geeky CPA's. LOL

  • @harrisonbailey9884
    @harrisonbailey9884 3 ปีที่แล้ว

    #7 hahahaha, well done, sir

  • @dakshpreetkaur2248
    @dakshpreetkaur2248 3 ปีที่แล้ว

    I'm 18 AJ..and I'm preparing for CFA and i want your suggestion when should i give exam...but thnks for help ...cheers

  • @jordanhatch8784
    @jordanhatch8784 3 ปีที่แล้ว

    Number 8: it makes you incredibly handsome

  • @SkillShooter88
    @SkillShooter88 3 ปีที่แล้ว

    Point 6 contradicts with point 7. If there's barely any awareness of what CFA is within the finance sector, let alone the general public, then how do these "women" even know what they're throwing themselves at? I'm willing to wager it's not the pin. It's probably your suit, rolex, car or just your damn aura of confidence that women can't stay away from lol

  • @vicentecorrea5267
    @vicentecorrea5267 11 หลายเดือนก่อน +1

    HAHJAJAJAJAHAHAH THE LAST KOKEEE

  • @Nicole-ch1qe
    @Nicole-ch1qe 3 ปีที่แล้ว

    Your wife is so COOL!!!

  • @adi5877
    @adi5877 3 ปีที่แล้ว +1

    addiction of studying??? lmao it’s the opposite of that for most of us

  • @icecream6680
    @icecream6680 3 ปีที่แล้ว

    i agree with number 6 😂

  • @amznprime5145
    @amznprime5145 3 ปีที่แล้ว

    I sit for CFA because I LOVE MONEY. What's yours? #DollarSa #Pass

  • @Tony-ot5uf
    @Tony-ot5uf 2 ปีที่แล้ว +1

    Hahahahahaha doung it for the 7th reason

  • @CorporatePantsula
    @CorporatePantsula 2 ปีที่แล้ว +1

    😂😂😂 was he joking at point number 7

  • @someonespeci1697
    @someonespeci1697 2 ปีที่แล้ว

    #cfasuicide is real

  • @faltitudebossareas1882
    @faltitudebossareas1882 3 ปีที่แล้ว

    Man said get the cfa to get laid.

  • @janedsouza985
    @janedsouza985 3 ปีที่แล้ว

    I am not show off kind of a guy, and then wears a CFA pen to Mc Donalds.

  • @shikimarunara6972
    @shikimarunara6972 3 ปีที่แล้ว

    Damn.. MMA 😂😂😂😂

  • @HudsonHandel
    @HudsonHandel 3 ปีที่แล้ว +2

    Do it for the chicks.

  • @swarnabhattar9988
    @swarnabhattar9988 3 ปีที่แล้ว

    Haha..7th point 😂

  • @Shubhamyadav-hd1po
    @Shubhamyadav-hd1po 3 ปีที่แล้ว +1

    🤣🤣🤣