/r/CFA

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A place for discussion and study tips for the Chartered Financial Analyst® (CFA®) program. Check out our FAQ, Linkedin Networking group and Discord!

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  • General CFA exam prep
  • General Finance/stock market discussion
  • Career-advice

Rules

Please follow these rules while using this subreddit.

  • You cannot discuss, obtain, encourage, distribute illegal forms of study tools. This includes old CFAI mocks.
  • Do not discuss exam questions during or after writing. Vague, overall thoughts are acceptable.
  • Verbal abuse and harassment are not tolerated.
  • Do not submit memes or advice animals.
  • Do not submit questions regarding general finance job seeking
  • No attempts at redirecting discussions to external forums
  • Avoid the use of anxious tones in posts related to testing

  • Wild Space’s Guide to Not Getting Banned

  • Read the Reddiquettes


Topics

/r/CFA

159,588 Subscribers

2

How am i doing?

Hey guys,

Did these mocks in addition to a kaplan one a week ago on which I scored 69%.

Opinions? Will i pass?

Thanks 🙏

0 Comments
2024/11/04
13:58 UTC

1

When to begin FSA and how much time do I give it

Taking the L1 exam in February, realistically when should I begin FSA? And will it take a week to finish if I devote 5 hours a day to it daily?

1 Comment
2024/11/04
13:44 UTC

1

Looking for Study mate

I need someone who is motivated and serious about their goals, to keep each other motivated. If you're preparing for CFA, CAT or GMAT you got the right person. (For 2025) btw, im doing all three. We can track our habits and focused study time using productivity apps and Gsheet. If anyone interested, comment. If there is more than one person, we can still do it. Let me know, i will create a Wgroup.

0 Comments
2024/11/04
13:38 UTC

1

Ethics lvl 1

I need a lot of ethics q-banks with answers. Where can I get? Done with schweser ethics qs.

0 Comments
2024/11/04
13:34 UTC

9

LinkedIn is getting weird day by day

Why do Diwali pictures get more likes on LinkedIn compared to a genuine professional post?

9 Comments
2024/11/04
13:32 UTC

2

Mock scores

Am i fine or screwed ?

4 Comments
2024/11/04
13:01 UTC

1

CFA Level 2 (2 question survey)

0 Comments
2024/11/04
13:00 UTC

4

What is a good score range for CFAIs mock to gauge level 1?

Hi, I’m sitting for the nov exam but am re-considering postponing the exam date.

Just did a mock and scored 60%. Not feeling confident due to that. Am I in my own head? Is 60% a decent enough score to pass or shall I postpone? Appreciate all insights and feedback. Thank you

5 Comments
2024/11/04
12:48 UTC

1

When should I have my passport ready? Registration or Exam Day?

I will be appearing in August 2025 and need to renew my passport. I'm unsure whether my passport will be ready when I register, but it will 100% be here by the exam day.

I also tried registering for the February 2025 exam to check if they asked for passport details, but they only asked for name, address, and DOB. So, can I proceed with my application when registrations open for August 2025? And do they ever ask for passport details, or is the passport just a requirement to enter the exam hall?

0 Comments
2024/11/04
12:44 UTC

2

What is the best way to study for Lvl1 with free resources?

My current plan is:

  1. Read through all the content without doing practice questions
  2. Reread material while solving questions for each topic
  3. Do the 2 mock exams provided and questions.

Is this the best way to study?

2 Comments
2024/11/04
12:36 UTC

1

How to complement Martin Stoynov YT videos

I've been so far prepping for L1 entirely from Martin Stoynov's Youtube videos. What areas would you recommend in particular that I brush up on? I'll have access to the official resources in a couple of months, but until then only have access to free material.

In particular I'm looking for areas which are underemphasised in his course or have had syllabus changes. Thank you!

0 Comments
2024/11/04
12:30 UTC

3

Advice

these are my mock scores, i’m still scared if i’ll get through, can anyone tell me what to do in these last few days giving exam by nov 16, im trying to do atleast 6 hrs of studying every day!

8 Comments
2024/11/04
12:22 UTC

3

Mock of LES

Had a query that the mock papers given in the learning ecosystem of th 3 institute website are harder or just at the appropriate level of the Final Cfa level 1 examinations??

0 Comments
2024/11/04
12:00 UTC

0

Seeking Advice: Breaking into Investment Banking/Finance as a 3rd-Year AI/ML Student

Hey everyone,

I'm currently a 3rd-year student majoring in Artificial Intelligence and Machine Learning Engineering, but I’ve realized that my true passion lies in finance, especially areas like investment banking, hedge funds, and asset management. I know it’s a bit of a shift, and my formal background isn’t in finance or accounting, but I'm eager to learn and really motivated to make this transition.

I genuinely believe that the analytical and problem-solving skills I’ve developed in engineering would add value in a finance role, especially in data-driven analysis and modeling. I’d love to chat with anyone who’s made a similar switch or who has advice on entering the industry with a tech background.

Appreciate any insights or tips! Thanks for taking the time to read this.

0 Comments
2024/11/04
11:42 UTC

1

Need Advice

16 days to exam,I am scoring between 50 to 55 percent in three mocks,really don't know what to do,please help

1 Comment
2024/11/04
11:17 UTC

3

Correlation between Bond risk premiums and Consumption Hedging Benefits - Doubt

1 Comment
2024/11/04
11:14 UTC

0

“PassCMT.com - Game Changer for CMT Prep!”

Just wanted to shout out passcmt.com! I’ve been using it to prepare for my CMT exams, and it’s been a game-changer. The site’s resources are super comprehensive, covering everything from the basics to more advanced concepts in a way that actually sticks. The practice questions and mock exams have really helped boost my confidence, especially for those trickier topics.

What I like most is how everything’s structured; it makes it easy to follow along without feeling overwhelmed. If anyone else is working on their CMT and feels lost with just the official material, I’d definitely recommend checking out passcmt.com. Totally worth it, IMO.

Good luck to everyone on their CMT journey!

1 Comment
2024/11/04
11:02 UTC

0

What has changed exactly

So, I failed L1 in Nov23, and after that I have again registered for L1 in Feb,25 , but as I can see in the LES, there are many new topics.

So can anyone explain me briefly, how different is it from earlier ? The effect of new topics, whether syllabus has increased or just a few topics are disintegrated ? Also the practical skills modules wasn't mandatory back then, how much time will that take?

0 Comments
2024/11/04
09:26 UTC

6

Got blank while giving Mock exam - Level 2

Just as the title says, I gave an MM mock this morning and scored terribly (40 in AM), For 3 vignettes I couldn't understand what the questions were saying,

This is my 2nd MM mock and the 1st was relatively okayish (55 AM, 59 PM). After that mock, I gave the Schweser mocks where I couldn't even understand what was happening and now the scores are bad for even the MM mocks. Even writing this post I can't figure out what to do.

I have my exam in about 2 weeks and that is just increasing my anxiety. Can anyone help with what I should focus for the next 2 weeks frankly after that 40 score I can't really get my mind working properly.

7 Comments
2024/11/04
08:18 UTC

2

Level 3 scholarship essay

Access scholarship applications for level 3 August 2025 start from 6th. Where can I find reference essays? Anyone has any advice for increasing chances of selection?

1 Comment
2024/11/04
08:08 UTC

1

Deferral window L2 NOV

When will the deferral window for November level 2 open and for how many days window is open.

0 Comments
2024/11/04
07:35 UTC

8

Appointment reschedule

Anyone from mumbai whose appointment got reschedule for nov cfa level 1 attempt or any other and are able to reschedule again by themselves according to there preferred place and are they able to confirm the rescheduled appointment?

10 Comments
2024/11/04
07:23 UTC

6

CFA level 3 after 9 years of Gap. Is possible? or is it worth all the effort all over again

Is anyone else here in the same boat and can guide me how much has changed since than? is it advisable to give it with such a huge gap or am i going into a deep dive with no return? i am super confused whether to give or not give. After both work and study gap of 9 years, i want to kickstart my career and it seems giving L3 is where I should start. Anyone in similar boat as me who aced the exam?

17 Comments
2024/11/04
07:15 UTC

2

Advice on how to use time efficiently

Hello legends, i am appearing for the L1 exam on 14th of November. I have read the whole curriculum once and have a decent hold over certain topics. However i am low on confidence as i am yet to attempt mocks and i am just stressing over the practice problems (left with Fixed income practice problems). With just 10 days to go i am at a point where i feel that i am forgetting most of the topics and am just second guessing my chances.

•Please guide me on how to utilise the most out of these few days. •What minimum score in mocks should i aim for and what should my approach be if i score less than that? •Should I defer? Thank you in advance. ( first time posting anything on reddit lmaoo)

1 Comment
2024/11/04
06:59 UTC

0

Cfa required for M&A?

1 Comment
2024/11/04
06:13 UTC

3

CFA level 2 Kaplan Mocks

My Level 2 exam is coming up in 18 days. I have yet to take the CFA mocks and instead am taking the Kaplan mocks. I am at the range of 60-65% and am stressing out whether the exam will be tougher than this. My question are 1) is the CFA mocks easier than the Kaplan ones? (2) What can I do to bring my scores up to 70%?

2 Comments
2024/11/04
05:04 UTC

2

Expand Your Network and Resources with r/CFA: Join Our Discord and LinkedIn Group!

Hello r/CFA Community,

We would like to remind you that r/CFA is not just a subreddit—it's a vibrant, resource-rich community designed to support and enhance your journey through the CFA program and beyond.

🔗 LinkedIn Group - Exclusive Networking Opportunities Await!

Our LinkedIn group is a private, invite-only sanctuary where you can connect with other finance professionals, expand your network, and share opportunities. To join, please send a Private Message (not chat) to u/mattlas with your LinkedIn URL. When you connect with u/mattlas please message him on LinkedIn that you wish to join the group. It's a manual process to add members to the group. Invitations are sent out weekly, so please be patient.

💬 Discord Server - A Hub for Collaboration and Support

Don't miss out on our Discord server, a place buzzing with activity and camaraderie. Managed by dedicated members of our community, the server offers a wide range of topics and opportunities for you to study and network with peers. Whether you're looking for study tips, career advice, or the new hotness in finance memes, you'll find it here.

Join the r/CFA Discord: Invite Link

As you delve into these resources, remember their value is amplified by your participation and contribution. Many have found them to be invaluable tools in their CFA endeavors and professional growth, and we hope you will too. Let's navigate this journey together, making the most of what our community has to offer.

Looking forward to seeing you on LinkedIn and Discord!

-The r/CFA Mod Team

1 Comment
2024/11/04
05:01 UTC

2

Mental Health Monday - Your Weekly CFA Mental Health Discussion Thread

Hey there!

Welcome to Mental Health Monday! We hope everyone is doing well. We wanted to create a safe space for everyone to come together, share our experiences, and discuss the mental health challenges that often accompany this rigorous process.

Feel free to use this thread to check in on how you're doing mentally and share any stressors or concerns you might have. Whether it's dealing with study burnout, imposter syndrome, time management struggles, or just needing a listening ear, this community is here to support you. We're all in this together!

If you feel like you need immediate professional help please see our resources page. If you’re in active crisis please call your local emergency services.

Here are a few questions to get the discussion started:

  • How are you feeling mentally as you prepare for your CFA exam?
  • What are some stressors you've been facing recently?
  • Have you found any strategies or coping mechanisms that have helped you manage stress and maintain a healthy work-life balance?
  • Are there any specific challenges you'd like advice or support on?

Note: We won't be removing mental health-related posts on off days, but it would be nice to keep everything contained to these threads. This way, we can maintain an organized and supportive space for mental health discussions.

Please be kind and respectful to one another in the comments. Let's foster a supportive and empathetic environment where we can open up about our mental health without judgment.

0 Comments
2024/11/04
05:01 UTC

1

Question from Schweser Fixed Income

Under a waterfall structure:

A) tranches do not receive a pro rata share of principal and interest payments.

B) principal repayments are rst directed to the subordinated tranches.

C) senior tranches carry more prepayment risk than junior tranches.

Correct Answer is A. Can someone please explain why C is not correct

1 Comment
2024/11/04
04:59 UTC

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