How to Pass the CFA Level 1 Exam in 2023

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  • เผยแพร่เมื่อ 28 ส.ค. 2024

ความคิดเห็น • 120

  • @RonDeSantis-bi7yv
    @RonDeSantis-bi7yv ปีที่แล้ว +34

    I take pride in when I passed level 1 it was a 26% pass rate.

    • @ishmamfaiyaj6661
      @ishmamfaiyaj6661 ปีที่แล้ว

      Which year bro?

    • @das6109
      @das6109 10 หลายเดือนก่อน

      @@ishmamfaiyaj6661 Probably 2021. There was a move to CBT as far as I can tell, and the pass rates were extremely low early on during that transition.

  • @D0nRidah
    @D0nRidah ปีที่แล้ว +5

    I am so relieved that I finally got my charter. This exam is a beast and will really test your inner drive and willpower. Good luck to all the candidates, give it all you got and you will pass for sure!!!

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  ปีที่แล้ว

      Congratulations on getting it!!!

    • @das6109
      @das6109 10 หลายเดือนก่อน +1

      How much do you feel CFA will affect your potential income? I feel like I'm always chasing a way to be competitive and it's rarely paid off. (Got 770 in GMAT, but wasn't convinced MBA where I could get in with my mediocre GPA was worth the price/2 years). Is the CFA a slam dunk investment in time? Do you think you got more money than the time you lost and do you think that was a lucky or average result?

  • @gregorybainathsah7284
    @gregorybainathsah7284 ปีที่แล้ว +2

    Digging the background music!

  • @sebastianschwoerer6741
    @sebastianschwoerer6741 ปีที่แล้ว +1

    Man, this is gold. Thanks so much ;D

  • @syedjeelani1136
    @syedjeelani1136 ปีที่แล้ว +4

    Waiting for L1 Results AJ. You're videos have been really helpful. Wish me Luck 🤞 Fingers Crossed

  • @debadattanayak3127
    @debadattanayak3127 ปีที่แล้ว +2

    Thanks for the strategies AJ. The music is kinda distracting i guess..

  • @perumahandicianjur1247
    @perumahandicianjur1247 ปีที่แล้ว

    Mantap mang, Sy plajari dlu ya, Trima kasih ilmunya

  • @alassanendiaye6591
    @alassanendiaye6591 ปีที่แล้ว +6

    Hi AJ , preparing for L3 . Can I wear slippers with the tuxedo ....😅😅😅😅 .... In any case great stuff and your advise about "memorizing formulas" was the difference maker for me for L2 .....

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

      Lol yes slippers are fine.

    • @thewallcxhxa
      @thewallcxhxa ปีที่แล้ว

      Same here, lvl 3 candidate and this advise was crucial during lvl 2

    • @A_cat_aspirant
      @A_cat_aspirant ปีที่แล้ว

      @@masonsmith9177 so did pass in lv 2?

  • @Matheus-il9yr
    @Matheus-il9yr ปีที่แล้ว +1

    Hi AJ, could you share the videos' links you mentioned you described dipper the mark meldrum way to memorize formulas that you used? Tks

  • @ninoshanidze6012
    @ninoshanidze6012 ปีที่แล้ว +1

    Hi AJ, I have recently discovered your channel and want to thank you for your content. It really helps! 🙌 I am planning to write Level I for the 1st time in August 2023 and start preparing from February. So I have about 6 months to study and 1 last month to do mock tests. Can you give us more insight about study strategy? I also plan study sessions each day of the week, but as 6 months is quite a long time, we also need to review materials as we progress. How can we schedule reviews?

    • @Patrik-vt8ov
      @Patrik-vt8ov ปีที่แล้ว

      Me too planning cfa level 1 on August 2023.👋

  • @omaralkhatib7455
    @omaralkhatib7455 ปีที่แล้ว +2

    Hello AJ hope all is well! One question did you use Kaplan or Wiley as a study prep because if I remember correctly I heard you saying in previous videos that you uses Kaplan. Your response would be greatly appreciated!

  • @latinl2003
    @latinl2003 ปีที่แล้ว

    Hi AJ! Have you tried Analystprep?? Is it a good prep provider? Thank you!!

  • @ramprasath3346
    @ramprasath3346 ปีที่แล้ว +7

    Hey AJ, i am writing the level 1 exam on feb 18, i have finished all the readings a except except for some econ readings, i have written 3k practice questions averaged 77%, going to start the mock exams,
    I failed in my first attempt on nov 2021, this time i have bought Mark Meldrum course, which turned out to be very useful,I just want to know how likely I am to pass or any other advice would be very much appreciated!! little bit stressed right now because I don't want to fail this time.

    • @619ry7
      @619ry7 ปีที่แล้ว

      Hi ram I'm in 2nd year of my college can I hit the first level?

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

      Hey Ram, 77% on practice questions is very encouraging. Just make sure to also practice with the CFA BB and EOCs! You will have a good chance of passing.

    • @ramprasath3346
      @ramprasath3346 ปีที่แล้ว +1

      @@straighttalks-ajsrmek323 thank you very much AJ, i will make sure to do all of that, i will also buy the black suit and tie as instructed 😂

    • @ramprasath3346
      @ramprasath3346 ปีที่แล้ว

      @@619ry7 i think you will have to be on your finial year of your bachelor's to be eligible

    • @863.niketsingh9
      @863.niketsingh9 ปีที่แล้ว

      @@619ry7 no

  • @brandonlopliach3609
    @brandonlopliach3609 ปีที่แล้ว +1

    Hey AJ, I’m studying for Level 1 now planning to sit in August. Just wondering if there were any topics you struggled with when studying and what you did to break through? Some of this probability stuff just isn’t sticking for me!

  • @Yasharghami
    @Yasharghami ปีที่แล้ว +1

    Results for CFA level 1 Nov 2022 are out tomorrow. Can you do a video on that?

  • @SachinSharma-kk4kj
    @SachinSharma-kk4kj ปีที่แล้ว +2

    Do we really need to wear tux during the exam in India as well?

  • @MrSudip011
    @MrSudip011 ปีที่แล้ว

    Can you share your views about Mark Meldrum materials?

  • @NK-vw4ms
    @NK-vw4ms ปีที่แล้ว

    What was your motivation for obtaining the CFA? I currently work a back office finance job that I like. My only motivation is using the CFA for more earning potential, and seeing it as a personal challenge. Couldn't care less about the actual material or work it would get me into. Is this something youd reccomend

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  ปีที่แล้ว

      Personal challenge, perceived value, more income, my employer asked me to. Yes I recommend it.

    • @NK-vw4ms
      @NK-vw4ms ปีที่แล้ว

      @@straighttalks-ajsrmek323 thank you! I see a lot of people saying you need "a passion" for finance. But I like to separate my work and play.

  • @rihanmakwek8853
    @rihanmakwek8853 ปีที่แล้ว +1

    Hi AJ, preparing for the level 1. What kind of strategy did you use for revision of a chapter or a subject, other than the formula revision.

  • @Patrik-vt8ov
    @Patrik-vt8ov ปีที่แล้ว

    Hi AJ, I am curious to ask you, did you study EOS and Blue boxes from CFA Institute during studying a part like Economics, or after the completing all of the chapters of each book? Thanks for answer 😊

  • @3aloyforever
    @3aloyforever ปีที่แล้ว

    hey AJ, what is more draining studying for the CFA while having a job or being a Ferrari fan?

  • @muneebahmed7057
    @muneebahmed7057 ปีที่แล้ว

    where can i find that google drive ? where the past year mocks are there ? i did not find it.

  • @aceblaze9295
    @aceblaze9295 ปีที่แล้ว +1

    Hey AJ between Kaplan and wiley which is better for level 2?

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  ปีที่แล้ว

      I liked Wiley. Only used one Kaplan mock and never saw the study notes so I can't really compare.

  • @stefanos2345
    @stefanos2345 ปีที่แล้ว +1

    What do you think about BB questions and their importance?

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

      I think they are extremely important. They ask questions in a very complete (and difficult) way. Harder than real exam questions in many cases. So they give you great practice at being able to answer questions that could be asked in different ways.

    • @masonsmith9177
      @masonsmith9177 ปีที่แล้ว

      @@straighttalks-ajsrmek323 They are definitely tough. I went through them but didn't do them as thorough as I should've. I found them dreadful.

  • @onlyplus8925
    @onlyplus8925 ปีที่แล้ว

    plz can u link courses or study material for me and also do u have a study plan or recommend one and is there a free trail course that can show me how hard cfa is ty :)

  • @ankitgem
    @ankitgem ปีที่แล้ว

    Hey AJ, I started preparing for lvl 1 exam in the first week of January, studying 4 hours a day, I'm planning to give the May attempt. Any thoughts or suggestions would be appreciated!

  • @kodiakgriz2296
    @kodiakgriz2296 ปีที่แล้ว

    AJ.... did you retain your study books in bookcase style or discard?

  • @faizalabizar4477
    @faizalabizar4477 ปีที่แล้ว

    AJ the time that you log, it is including mocks and practice qbank?

  • @11KNOCKOUT
    @11KNOCKOUT ปีที่แล้ว +1

    Lower the music level

  • @imrulbaquer744
    @imrulbaquer744 ปีที่แล้ว

    I have my exam this coming May 2023 and I have only finished Quantative methods, what would you advise for myself. I am an econ and applied maths graduate with no knowledge to finance or accounting.

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  ปีที่แล้ว

      You probably need to defer to a later exam unless you can study 5-8 hours per day moving forward.

  • @EgorRozumenko
    @EgorRozumenko ปีที่แล้ว

    Hey AJ! Kinda stupid question, but can you please remind where I can find EOC and Blue Box questions? Thanks!

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  ปีที่แล้ว

      They are all in the CFA curriculum.

    • @masonsmith9177
      @masonsmith9177 ปีที่แล้ว +2

      check the textbooks. BB are embedded through the chapter and the EOC are of course at the end of each chapter.

  • @muneebahmed7057
    @muneebahmed7057 ปีที่แล้ว

    You did not talk about the remembering that how could we retain all of the info of the cfa syllabus before the exam That's very difficult to do. Any tip you wanna give? .

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  ปีที่แล้ว

      Practice questions are what help you remember it.

    • @vasilypieters1821
      @vasilypieters1821 ปีที่แล้ว

      Try to do a highlevel company valuation by yourself, that usually helps with retaining the info. There is a multitude on valuation tutorials online. And most of the data needed to perform a company analysis can be found online.

  • @kmh6578
    @kmh6578 ปีที่แล้ว

    I'm only on wiley level 1, are the assessment quizzes and test bank questions similar in difficulty to the exam? Less or more difficult?

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

      I felt like Wiley quizzes were a little easier than the real exam.

    • @kmh6578
      @kmh6578 ปีที่แล้ว

      @@straighttalks-ajsrmek323 so where can I get ques that mimic the same level?

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

      @@kmh6578 BBS and EOCs

  • @castafinance
    @castafinance ปีที่แล้ว +1

    Hours yes, but *quality* 300 hours or so

  • @punpunpuns
    @punpunpuns ปีที่แล้ว

    I have one question. My exam will be in May and now I am only just finished around 25% of all the curriculum. I am not sure if I will be able to make it in time

    • @straighttalks-ajsrmek323
      @straighttalks-ajsrmek323  ปีที่แล้ว

      If you can get in 400+ total hours by then you will have a good chance!

    • @vasilypieters1821
      @vasilypieters1821 ปีที่แล้ว

      I have the exam on feb 15, I am on 40%, dw you will be fine, consistency is key, haha. What i would say make sure to do as many questions and understand the intuition behind them.

  • @EgorRozumenko
    @EgorRozumenko ปีที่แล้ว

    Where can I find the formula sheets by AJ for L2? Can’t find it anywhere:(

  • @vitess
    @vitess ปีที่แล้ว

    The background music has a little bit loud.

  • @roshnibegum3062
    @roshnibegum3062 ปีที่แล้ว

    Done with quants and was on 2nd Readings of FRA.. studied more than 5 hours in a day. Attempting for May,any suggestions on how to prepare fast ?

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

      Practice questions!!!

    • @roshnibegum3062
      @roshnibegum3062 ปีที่แล้ว

      @@straighttalks-ajsrmek323 alright thank you

    • @A_cat_aspirant
      @A_cat_aspirant ปีที่แล้ว +1

      How many subjects are thory and how many are practicals out of 10??

    • @roshnibegum3062
      @roshnibegum3062 ปีที่แล้ว

      @@A_cat_aspirant can't measure it out..but mostly numericals is quantitative methods.. although all subjects have their own formulas 😂..my head is breaking down 😭😂

    • @A_cat_aspirant
      @A_cat_aspirant ปีที่แล้ว +2

      @@roshnibegum3062 ohhh i see 😅😥 btw when are u giving your cfa lv 1 exam? And from whers r u taking your coaching?

  • @Wespid
    @Wespid ปีที่แล้ว

    Hi, AJ! Do you liketo pay for being CFA charter? I mean dues paying charter, maybe it's provokative question but i can't understand it. My humble opinion about CFA level 1, it's very important reading curriculum because you need strong base for comprehensive that material if you understood it by your bottom heart it woud easy prepare for level 2 and 3.

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

      My employer pays the dues for me.

    • @Wespid
      @Wespid ปีที่แล้ว

      @@straighttalks-ajsrmek323 AJ, thank you for answer.

  • @kanikaporwal7372
    @kanikaporwal7372 ปีที่แล้ว

    Is there really a dress code ?!

  • @jasilfayad6458
    @jasilfayad6458 ปีที่แล้ว

    Is CFA enough to get a job?

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

      Usually, yes. But as far as doing the job well, prior work experience is very valuable.

  • @sulaimanmalik5036
    @sulaimanmalik5036 ปีที่แล้ว

    Can i start preparing for L1 in may 2023 ???

  • @ronnieeaton5514
    @ronnieeaton5514 5 หลายเดือนก่อน

    I have mark meldrum and I’m studying for level 1. Gotta be honest, I don’t like his material. I always have to go back and read through CFA material to fully understand. Leaving me wondering why I even watch his videos. He teaches as if the average IQ of his audience is 160.