WATCH THIS IF YOU PASSED THE LEVEL 1 CFA EXAM
ฝัง
- เผยแพร่เมื่อ 14 เม.ย. 2021
- Congratulations! Passing the level 1 exam can be seen as the biggest step towards becoming a CFA charterholder. But there are a couple things you need to know about your next years studying for the future CFA exams.
If you have an idea of something you want me to cover in depth, please let me know because I take your requests seriously. Will be back with more CFA Exam tips in a couple of weeks so please submit more questions you would like to hear answered. Love you all!
- AJ
Please SUBSCRIBE for new videos every week! ▶ / @straighttalks-ajsrmek323
Contact Email: StraightTalksBusiness@gmail.com
** The information in this video is not intended or implied to be a substitute for professional financial advice. All content, including text, graphics, images, and information, contained in this video is for general information purposes only and does not replace a consultation with your financial or tax professional**
For the algorithms 🙌🏻🚀:)
Thank you!!!
@@straighttalks-ajsrmek323 No problem 🙌🏻 :)
Thanks AJ for putting this out! L2 candidate here & I really needed to watch this :)
The level 1 vs. level 2 video was not that bad! But yes, it is true that your videos are getting better and better. This was an insightful one, thanks!
640 hours for Level 2? Damn, I need to step up my game for the CFA Level 2 exam in August 2021 :) Good video yet again!
cleared levle 1, thank you , you helped me a lot by giving me tips like doing as many mocks as possible, and learning only formulas the last few days
CONGRATULATIONS!!!
Really nice and encouraging video thanks a lot
Hey man just want to say I appreciate the real world advice and insight in these videos. I implemented a few of your study hacks and passed first try so keep on keepin on friend.
Thanks turner, glad I could help!
Many thanks ST
Thank you for your advice regarding formula memorization. I've passed L1 Feb, let me celebrate! :)
Congratulations!!!
For the algorithms-! you deserve 100k!
Haha thank you!
Thanks for the video, AJ. I am also trying to become more efficient and productive with my time but still struggling with it a lot. I would really appreciate it if you could please upload a short video on how exactly you have figured about the functioning of your brain( what works and what doesn't for you) and related techniques to it as I believe, it can potentially help many people out there to learn, absorb and retain maximum amount of possible information while studying for the program and going forward in life too. Cheers.
This sounds like a good idea. Thanks!
Thank you for the words of motivation! I passed L-1 in February and now I plan to attempt Level-2 in November. Back to studying from tomorrow.
Congratulations, Sarthak! Best of luck on L2.
Good luck. I passed in Feb also and just registered for L2 in Nov.
Nice!
Hey AJ! Love the videos. I appreciate all the CFA content you put out. I write level 2 May 29th. I am 235 hrs in so far!!!!!! 43 days to go.
Best of luck man!!!
How did it go?
Thanks man for the encouragement, I passed level 1 above 90 percentile in 2019 and now I am set to write level 2 in May but I am scared as never before. Level 2 content is way challenging than level 1, and no matter how much you study, you don't get that confidence that you're ready. Every time I see the word CFA on youtube my stomach sinks.
How did it go brother?
@@leaveittoskip it was one of the most hardest exam I’ve ever written in my life, it was first time for me coming out of the exam room and not knowing my fate.
@@martongoba2044 sheesh. Well I hope you came out on top.
Alright! Great video
The statistic shown at 1:53 which multiplies the each level pass rate to know the CFA pass rate is wrong. The probabilities are not independent , so you cannot multiply those pass rates at each level to get the final pass rate.
Thanks for this awesome video. I am preparing for CFA level 2 Nov exam. do you have the google drive link for practice questions?
I believe efficient studying is also important while preparing for cfa l2
I passed nov 23 in my first attempt, i studied with mark meldrum and loved his videos on “how to study” but your tactics AJ defined my entire journey. I targeted 600 hrs and manage 550 hrs in 4 months. Just did my best to measure active work hours. Did the formulas the last few days. Spammed as many mocks as possible (7). 5 of them on the old 6hr format untimed like practice questions and 2 timed cfa mocks. Passed comfortably Thank God. Now im burning oil for level 2
CONGRATULATIONS ON PASSING!!! Glad the videos could help.
Been a level 2 candidate for well over a year and haven’t taken it. So bummed out and depressed to keep going. It’s just.... over and over rote memorization
David,
Many people have felt the same way. But you will only ever get through this program with persistence. Best of luck my friend!
Hey , I couldn't clear this level even after putting my heart in it. Pls guide otherwise!
Yeah with May looming for Level II I’m just taking the L on derivatives lol
Even though I was above 90 percentile in level 1, I feel overwhelmed by the content of level 2 and especially the format of the item set. I was wondering if you could give more tips on how to study for the level 2 as opposed to level 1.
Practice the same way you will answer questions on the test. Read the first part of the vignette, then answer #1. Then read the next part, and answer #2. etc.
I saw this video back then when I studied on level 1, I passed and were courious when can I watch this video, yesterday got my results and finally I can watch this video, thanks for all tips 😊.
Wow congratulations on passing!!! I'm glad the video could help :)
Is there an audio version for the cfa exam level 1 ???
Just cleared it today!
CONGRATULATIONS!!!
@straighttalks-ajsrmek323 thanks man! I enjoy your insightful videos, but I have to say you seemed like the most dedicated CFA candidate I've ever seen or met. I remember it a video you mentioned that you didn't even waste 30 minutes in a study session without making it up. I couldn't study that way. In a 3 hour session I spent maybe 30 or 40 min just spinning my wheels. I've also taken days off. I think over 15 days throughout my level 1 journey. I'm saying this to mention that it's quite difficult to be as on point as you have been. But one can still pass
I was going to appear this year for level 1 but sadly my country have cancelled all CFA test center exams for the time being due to increase cases for covid-19. I am so upset now !!
So sorry to hear that... try to best utilize this extra time.
I'm giving my Level 1 Exams on May . Will the MPS be higher on May? Or will it be lower because a lot of candidates who deferred it wrote it on Feb?
Watch my most recent video.
Hey man, how are you doing? So, CFA institute just released 1 full mock exam to L1 (Im scheduled to May), I’ve got another 4 full exams from Kaplan and I was wondering if 5 full exams would be enough. I’m reviewing all the content right now and having so few mock exams worries me
I don't think 5 is enough. Look for some old CFA practice exams online.
vamo brazaaaa, farei em agosto.
@@nilogalvani9857 boaa!! Tamo junto. Precisando de qualquer ajuda só falar!
Hi Sir, what are your thoughts about the deferral/test centre change for the Level 2 May 2021 exams??
I received an email from the CFA Institute that your exam center may get cancelled if the local community rules are very stringent...... because of this email I am losing a bit of my focus 😓😓😓
That would be a very difficult situation. But stay as focused as possible and use this extra time!
What are your thoughts on the super high pass rate? Some people failed the Feb exam with 72%
Making a video about this soon.
level is not formula memorisation. They twist questions around that you need to know where each component of the formula comes from. This what I remember fresh from my Nov 23 exam. Just remembering formulas ain't going to help, and that's why a lot probably fail because they listen to video and think memorising 50 formulas will help.
Maybe the exam questions also changed over the years..... who knows.
What woud you say to someone who has no interest in working in finance but likes finance topics, how should I use cfa material to go about learning it? you mentioned in a previous video the cfa was the best compact syllabus to learn it. thanks
I suppose you could simply read through the material and learn it all using the practice questions!
@@straighttalks-ajsrmek323 Thank you for replying, what would you recommend are the key sections to understand for general finance? thanks.
Point of view on FRM exam
I don't know much about it personally.
Ferrari f1 🏎️ ❤
I have wiley CFA level 1 ,how do I start studying/preparing for it???I'm in my last semester (bachelor's in business administration (Finance))
Start reading the book and doing as many practice questions as you can!
Straight Talks, you come across as a very sincere guy. I'm aware of the fact that so called bulge bracket firms on Wall Street are very picky and only hire from top Universities like Harvard or Stanford. Given that the CFA is basically (and luckily so!) basically available to everyone who's willing to pay for it, I wonder if that may not mean a flood of CFAs will enter the jobmarket. Finance as a topic is not so difficult - do you think a yearly income of 80k US$ is doable without a university degree & aka only as CFA charterholder ?
I would be surprised if the market ever saw a significantly larger amount of CFA charterholders given that it's been around for a long time and (from what ST mentioned in the video) only around 12% of people complete the program. The exams would probably need to become much easier.
Yea $80k doable, but keep in mind you can't earn the CFA charter without having a university degree.
@@straighttalks-ajsrmek323 Here in Germany, it can be passed without a university / college degree.
@@janreichenbach265 Well the requirements in Germany would be the same as every other country since the CFA sets the rules globally. But it looks like you may be correct that you could enroll in the Level 1 exam without a 4 year degree, but only if you already have the 2 years of investment work experience. www.cfainstitute.org/en/programs/cfa/charter
@@straighttalks-ajsrmek323 It is a great program without a doubt, but probably not equal to a major in Finance & Economics or say the coveted Harvard MBA.
i just passed in feb 2023
In my passport room no. is 52 2/2 but when i am filling the CFA lvl 1 form they are not accepting this "/ " symbol. So will it be a issue when i go to the exam centre? Or they only check name and passport validity ? Please someone reply me I am very much tensed🙏
You need to call the CFA institute and ask about this!
@@straighttalks-ajsrmek323 where can I contact them
I’m thinking about quitting to program to focus on relationships and mental health.
You don't need to quit the program, just take a break for a year or two. No pressure to do it now. 👌🏼
You are based in which country?
What's your full name?
ill be 30 this year is it too late to get my CFA level 1?
Not at all, no.
@@straighttalks-ajsrmek323 im just kind of scared cuz i graduated back in 2019 with a BA in Economics. havent been to school in awhile its kind of intimidating
Are you the descendent of Mark Meldrum?
Lol
Hilarious