Writing level 1 in February and im in agreement with alot of these! I will have put in around 400 hours but I did take some days off because working 50-70 hours a week and studying burnt me out a ton. I did just graduate from a CFA affiliated finance degree so I feel like I had a good leg up on some competitors on some of the more technical finance units! Overall I’m just going to enjoy the experience and I love the feeling of putting my brain to good use
Memorizing the formulas toward the end close to the exam date: That worked for me for Level 2. Also when memorizing those formulas, I also recall the tangential concepts related to them.
Thanks! I did not pass the first round, but these are great tips. I am going to memorize the formulas as much as possible and set up flash card/spreadsheets to quiz myself on them.
Very helpful! I’m taking Level 1 in May and I also just started working so it requires a lot of time management. Studying finance in college, I find much of level 1 to be review of what I studied just a few months ago
I’m gonna start studying for the Nov 2022 exam as a senior in college. This comment will be what’s pushing me to keep studying and to pass in the first try!!
Hi AJ, Insightful video I must say. I've been watching your videos for over a year but just made up my mind to take L1 in AUG'22. I will come back here to celebrate.
I just made up my mind to take level 1 in 2023. I just want to know if they provide study materials with registration or we have to buy them differently?
@@jannee9934 Hello Jan, yes, upon registration you’ll have an access to a Learning Ecosystem where you can read through the entire curriculum. Goodluck!
I am going to appear for level 1 August 2022. I haven't started preparing yet. But all this anxiety has already started building up. And I am hoping I can start the prep as soon as possible while keeping in mind the points mentioned in the video. Great Video!!
I also registered for August 2022 and feel like I need the whole year to study because I have to manage my household, and also work full time. We will be consistent, study hard and pass this exam!!
Great video! I have my L1 exam due in February. I'm left with ethics, quants and corporate finance and half of portfolio. I've revised all the other subjects done with candidate resource, eocs, blue box Can you guide me what should should my plan be for the next approx 2 and a half months. I'm really tensed Thankyou
I was able to pass level 1 in May 2021. I never stressed about formulas. If you do enough practice problems, you will learn a good portion of the formulas naturally over time. Yea, I still rewrote formulas 10-20 times in the last month, but I never stressed about it. The key for me was doing practice questions and consistently reviewing material that I previously covered. Just study every day and focus on learning. Don’t think about a minimum passing score or the possibly low pass rate. Best of luck.
Hi AJ, thanks for the video. I’ve subscribed to your channel a few weeks ago, and it has been very helpful. I have a question regarding the study guide from Wiley. Did you read the actual physical books, just read the content that is presented below their video lessons, or just watched the videos?
Hey Joao, thanks for subscribing! Great question. Personally, I usually just watched the video and took my own notes. Sometimes I would read their written study notes (Wiley books) when the video didn't make sense to me.
@straight talks I will be studying for CFA L1 only from the curriculum shared by them is there any problem with that . Like I completely understand and able to solve questions studying from that. Is it important to study from other prep providers ?
Hello AJ. You were right, I have completed accounting level 1 . Now doing fixed income- sooo boring. I wouldn’t say it is difficult a lot to memorize, but so booooring 😅
Hi AJ, thank you so much for your insights! Do you think going through CFAI reading material is critical in addition to your video & notes? Do you think Kaplan Schweser's notes instead of CFAI material are a good bet since it is concise? I intend to subscribe to your videos, do CFAI qbank, blue box, EOCQ & mock tests. Thank you so much Gaurav - Level 1
Which matters more? Studying for prescribed hours (say per day) no matter how much topic you say you'd cover or studying to finish the topics for that day no matter how long it takes?
I'm an Aerospace Engineering student going to write CFA next year, how much hour's should I devote per day (I'm having straight 365days+) ? As I am from non finance background so I feel a need to put more time than average person.
@@straighttalks-ajsrmek323 I'm from India having two bachelor degrees i.e. Bachelor's in Aerospace Engineering and Bachelor's in Programming and Data Science. I really enjoy math and statistics and want to use them computationally and I guess no field is better than finance as per my interest, hence I want to pursue MS in Financial Engineering or Quantitative Finance or relevant fields after my bachelor's which is ending after a year and want to work in Investment banking firms. So a CFA L1 will bridge between all of these.
Are you familiar with the risk and daily pnl bookrunner role in investment banks? Does the working experience from this role will be part of the 3 yr working experience required in applying for the charter?
Hey! I haven't registered yet but I bought the Kaplan book and I've gone through 7 subjects. Is the famous "Blue Box" questions from the maim curriculum same as the Kaplan box questions?
Hey AJ, I am register for level 1 May 2022, Purchased the IFT premium package, will start studying now I am full time working as well. Is 4 months enough for me to prepare for level 1 if I start studying from today. Thanks.
Thank you so much for your help. Honestly I very appreciate your help. I have been studying for 3 weeks and forgetting half of the material . I have 150 pg to finish fin analysis
@@straighttalks-ajsrmek323 thank you soo much to reply.. Just make one thing clear , if i study from schweser and practice mocks, so that will be sufficient? Or we actually need to study from cfa resources?
Link to my formula sheets! ---> www.patreon.com/StraightTalks?fan_landing=true
I signed up on patreon how do i find the formula sheet?
@@chrisk2734 They are in the posts section!
CFA Charterholder now but still like to reminiscence
Like going back to your old high school
What prep provider did you do with?
@@jonmaster5000 mix of IFT and MM
God I can’t wait till I’m
Able to say the same 🤣
Writing level 1 in February and im in agreement with alot of these! I will have put in around 400 hours but I did take some days off because working 50-70 hours a week and studying burnt me out a ton. I did just graduate from a CFA affiliated finance degree so I feel like I had a good leg up on some competitors on some of the more technical finance units! Overall I’m just going to enjoy the experience and I love the feeling of putting my brain to good use
Good luck on the exam!!!
Dying to know... Did you pass??
@@dannilena I did! 90th percentile as well!
@@brynziegeman4203 Very inspiring!!! congratulations! And you did this whilst working an intense full time job. Amazing.
Memorizing the formulas toward the end close to the exam date: That worked for me for Level 2.
Also when memorizing those formulas, I also recall the tangential concepts related to them.
So true!
I’m happy to see John in the background!
Thanks! I did not pass the first round, but these are great tips. I am going to memorize the formulas as much as possible and set up flash card/spreadsheets to quiz myself on them.
Good stuff man. I just passed the CFP and planning to sit for level 1 in May.
Congratulations on passing the CFP!!!
Very helpful! I’m taking Level 1 in May and I also just started working so it requires a lot of time management. Studying finance in college, I find much of level 1 to be review of what I studied just a few months ago
How'd it go?
I’m gonna start studying for the Nov 2022 exam as a senior in college. This comment will be what’s pushing me to keep studying and to pass in the first try!!
Best of luck with your studies!!!
Very informative and motivation !
Hi AJ, Insightful video I must say. I've been watching your videos for over a year but just made up my mind to take L1 in AUG'22. I will come back here to celebrate.
I just made up my mind to take level 1 in 2023. I just want to know if they provide study materials with registration or we have to buy them differently?
@@jannee9934 Hello Jan, yes, upon registration you’ll have an access to a Learning Ecosystem where you can read through the entire curriculum. Goodluck!
@@ericanidiobi thank you
how did you do?
@@straighttalks-ajsrmek323 Unfortunately I didn’t pass. I’m gonna give it again this year.
Timely. Thank you. Everyone thinking about CFA or working on it should sub to your channel
Sure thing, and thanks for the support!
@@straighttalks-ajsrmek323 your channel is very helpful, thanks a lot
I am going to appear for level 1 August 2022. I haven't started preparing yet. But all this anxiety has already started building up. And I am hoping I can start the prep as soon as possible while keeping in mind the points mentioned in the video. Great Video!!
Thanks, and best of luck studying!
I also registered for August 2022 and feel like I need the whole year to study because I have to manage my household, and also work full time. We will be consistent, study hard and pass this exam!!
Great video, very helpful!
Thanks man.
Very helpful!
Happy to help!
Thank you AJ
Great video! I have my L1 exam due in February. I'm left with ethics, quants and corporate finance and half of portfolio.
I've revised all the other subjects done with candidate resource, eocs, blue box
Can you guide me what should should my plan be for the next approx 2 and a half months.
I'm really tensed
Thankyou
I was able to pass level 1 in May 2021. I never stressed about formulas. If you do enough practice problems, you will learn a good portion of the formulas naturally over time. Yea, I still rewrote formulas 10-20 times in the last month, but I never stressed about it. The key for me was doing practice questions and consistently reviewing material that I previously covered. Just study every day and focus on learning. Don’t think about a minimum passing score or the possibly low pass rate. Best of luck.
Id say make sure you are scoring 70% in all your sections. I just failed and i had 7 topics 70% or above and the rest were like 60ish. Good luck.
Hi AJ, thanks for the video. I’ve subscribed to your channel a few weeks ago, and it has been very helpful. I have a question regarding the study guide from Wiley. Did you read the actual physical books, just read the content that is presented below their video lessons, or just watched the videos?
Hey Joao, thanks for subscribing!
Great question. Personally, I usually just watched the video and took my own notes. Sometimes I would read their written study notes (Wiley books) when the video didn't make sense to me.
What do you think 🤔 about staying CFA after the age for 45 ? 💭
Thank you.
Great video thanks AJ! With remembering the formulas do you recommend MM's formula sheet to copy (16pages)?
His works! I used Wiley myself. Or you can buy mine on my Patreon. It is shorter.
Love your content and advice, however can you please tell me where you got that Lehman Brothers shirt? Really want it haha
It was handed out internally at the company back then. I got it from a banking contact I have.
@@straighttalks-ajsrmek323 that’s sick. Is there a way you can show me the front of the shirt? Just curious to how it looks
@@neilpatel6015 Sure send me an email!
@straight talks I will be studying for CFA L1 only from the curriculum shared by them is there any problem with that . Like I completely understand and able to solve questions studying from that.
Is it important to study from other prep providers ?
Hello AJ. You were right, I have completed accounting level 1 . Now doing fixed income- sooo boring. I wouldn’t say it is difficult a lot to memorize, but so booooring 😅
Hi AJ, thank you so much for your insights! Do you think going through CFAI reading material is critical in addition to your video & notes? Do you think Kaplan Schweser's notes instead of CFAI material are a good bet since it is concise? I intend to subscribe to your videos, do CFAI qbank, blue box, EOCQ & mock tests.
Thank you so much
Gaurav - Level 1
No, the CFAI reading material is not critical. Yes, I think Kaplan notes are a good bet. Best of luck studying!!
Name of channel you are seeing cfa videos
Hi, thank you for the video. What was your test prep provider?
No problem, I used Wiley!
Which matters more? Studying for prescribed hours (say per day) no matter how much topic you say you'd cover or studying to finish the topics for that day no matter how long it takes?
It may seem counterintuitive but I am a big fan of counting hours.
Hey, loved the video.
Is it wise to register now for the August'22 exam?
I'm an Aerospace Engineering student going to write CFA next year, how much hour's should I devote per day (I'm having straight 365days+) ? As I am from non finance background so I feel a need to put more time than average person.
Maybe just 1.5 hours each day. Why are you doing the CFA if you studied aerospace?
@@straighttalks-ajsrmek323 I'm from India having two bachelor degrees i.e. Bachelor's in Aerospace Engineering and Bachelor's in Programming and Data Science.
I really enjoy math and statistics and want to use them computationally and I guess no field is better than finance as per my interest, hence I want to pursue MS in Financial Engineering or Quantitative Finance or relevant fields after my bachelor's which is ending after a year and want to work in Investment banking firms.
So a CFA L1 will bridge between all of these.
@@shravankhunti7807 wow man. Hope you achieve your dreams! You seem very committed to learning
@@techknowledgestuff Thank you so much!! ❤️
i do not like wiley because i used them when i took accounting and i will never trust them again
First!
Are you familiar with the risk and daily pnl bookrunner role in investment banks? Does the working experience from this role will be part of the 3 yr working experience required in applying for the charter?
No I'm not familiar with it, but most risk management positions do count.
In regard to the Mock Exams ....what should we expect to be scoring to know that we are on good track
My opinion used to be above 70%. Now probably 75%.
ALLAH(SWT) DOES NOT REST BTW YOU MAKE SOME AWSOMEEEEEEEEEEEEE VIDEOS KEPP MAKING REALLY THANKFUL KEPP MAKING MORE AWSOME VIDEOS
Hey! I haven't registered yet but I bought the Kaplan book and I've gone through 7 subjects. Is the famous "Blue Box" questions from the maim curriculum same as the Kaplan box questions?
No they're not the same.
Where can i get cfa blue box textbook? Pls answer. Tks u
From the cfa institute when you register for an exam.
I gave level 1 just 4 days back
Congrats on having it behind you!
Hi. Can somebody share the full 2022 curriculum set of L1? thanks a lot
lol
Can I ask, where do I find these blue box questions?
They are in the CFA text. The examples that are highlighted in light blue boxes.
Please answer my question
How many numerical questions we are going to face in L1 ? Any rough idea will help me 🙏
More than half are numerical type questions from what I remember.
Hey AJ, I am register for level 1 May 2022, Purchased the IFT premium package, will start studying now I am full time working as well. Is 4 months enough for me to prepare for level 1 if I start studying from today.
Thanks.
Yes it is if you study 3-4 hours every day.
@@straighttalks-ajsrmek323 Thank You AJ.
Can I start studying for level 1 before I complete university or should I wait
If I can then is it possible in 2 nd year .
Yes you can study for and sit for level 1 while still in university. I would only recommend it if you have a lot of free time.
I'm taking the exam today and I do know that I won't pass, however I wish to pass it in 2022
Let me know how you feel afterwards!
Even the videos for CFA are lengthy and time consuming.
Do they provide study materials? or would we have to buy the books separately?
They give you online books of material to study from.
@@straighttalks-ajsrmek323 ok thanks
Can I take all 3 exams independently or do I have to be employed by a financial company first? Thanks in advance brother
You can be independent to take the exams. But you need 3 years of experience working with investments to earn the charter.
Can I bring notes on the test day ?
No.
Where did you get video notes.
Wiley mailed them to me.
Could you please tell me how many weeks did you spend to study for fra , fixed income
I think 6 weeks for FRA and 4 weeks for fixed income.
Thank you so much for your help. Honestly I very appreciate your help. I have been studying for 3 weeks and forgetting half of the material . I have 150 pg to finish fin analysis
25% passing rate...
Hello AJ! Level 2?
Hey Guillermo! Many of these tips also apply to L2, but I will have another L2 specific video in the future!
Do schweser notes are sufficient or we need to study in depth from CFA resources? Please do reply
Both will help you to learn enough to pass the exams!
@@straighttalks-ajsrmek323 thank you soo much to reply.. Just make one thing clear , if i study from schweser and practice mocks, so that will be sufficient? Or we actually need to study from cfa resources?
@@shreshth7390 I think CFA blue boxes and EOC questions from the text are the best resource
Sitting level 1 tomorrow hah
Good luck!!!
please give up on this exam... money making institution with 25% passing rate
That’s the best part about it…you don’t lol
Hi AJ,
Really nice content..
Are you on LinkedIn?
Yes! AJ Srmek