31M, never worked a finance job in my life but I really want to break into this industry. I'm sitting here studying and I'm noticing that there are two parts to this exam, concept material (i.e. IFRS v. GAAP questions, "Where would you find *blank* in a financial statement?", "Is Company ABC an oligopoly, perfectly competitive, or a monopoly?", etc.) or quantitative (i.e. DDM, Justified PE Ratio, Holding Period Returns, GM, AM, WM, etc.) material, and I'm not exclusively talking about the Quantitative Methods section.

Which should I lean towards focusing on the most? What was your experience when taking the Level 1 exam? Did you find more concept or quantitative questions on the exam you took?

So from the past 2 weeks I have been struggling with quants and barely understand topics. Im attempting the November exam and I have Portfolio and ethics left plus I have to go through the whole syllabus again because it feels like I have forgotten everything after doing quants.

Everything was going smoothly, got stuck in fixed income, pushed through it but quants is something I just can't. Yeah I know not starting with quants was a HUGE mistake but I'm stuck now. So should I do quants at the last after going through the syllabus again or should I push through it (there is a high chance that I might be stuck for a month on quants is it worth it?). I also saw that the weightage of Quants is around 6-9% and I’m considering focusing more on topics with higher weightage.

Hi! So I have registered for the CFA level 1 for Feb intake but i am very confused which resource i should use for CFA level 1 preparation. rn i have bought the copies of Kaplan schweser notes but i am confused if they are enough for preparation? would someone please let me know if i should only take notes seriously and study with it only considering i dont have money to buy MM or IFT ?

Did anyone study using curriculum after failing by using a prep provider ?

Curious to hear; what made you feel confident the second attempt by using the official curriculum ?

In the CFAI answers it is saying the base currency for an exchange rate is the second item (aka USD/EUR the base is EUR) whereas online I’m saying it the other way around. Can someone provide some clarity? Thank you.

Are futures an obligation or right like options, im very confused please help

Shouldn’t there be a negative sign on one of the sides in the last equation

Just thought I'd share that I have several flagged questions. As I revisited them a few weeks later, I absolutely crushed these problems. I sat back in my chair and laughed at myself thinking, you seriously didn't know this? COME ON MAN!

It was a great confidence booster + spaced repetition + 2nd/3rd look etc.

Hope this helps one of you reading this!

What do you guys thing about the Practical Skills Models? I am about 90% done with the Python for level 1. I am not sure how practical this is for my every day job, and the Jupyter notebook barely runs on my computer because of how much content is loaded in for the capstone.

Is the Financial Modeling one any better? I thought it would be cool to learn Python because I'm already good at financial modeling... maybe I'm regretting that now -- ha!

Obv. I'll finish this up, but just curious what you all think.

Hi all,

Recently I have planned the CFA lvl 1 exam. But I now see that the curriculum consists of 10 volumes instead of 6 (as previous year) is the material split up over 10 books instead of 6 or are there 4 new topics?😅

thanks in advance!

It's all I think about. Can't really focus on work or anything.

I'm taking vacation oversea in early October, but honestly I can't get my mind off CFA. I don't see how I could enjoy m vacation.

How are y'all feeling?

i have noticed a couple of annoying things about mark meldrums level 1 curriculum lets see if we can fill this thread with things that annoy or confuse and share solutions we have had for them

• in some of the end of chapter questions videos, the answers are already written and explained while in some of them they are not, usually i pause before he reads the questions do it by myself and then watch him do it this is impossible in these videos with the answers

• some of these lessons are basically the exact same thing he taught in one of the prereqs for that chapter and even the exact same slides so I'm skipping throughout the video but also trying to make sure I'm not missing anything extra he's saying

Hi fam,

I am looking to take my exam in May 2025. I need help with study materials, study plan and coaching recommendations. I am a graduate of Statistics, so I am comfortable with numbers/statistical models but have no other background in economics and finance related topics. I would really appreciate any help :)

P.S.1* I am from Mumbais so offline coaching recommendations would help too

P.S. 2* I am not looking to burn a lot of money

Hi all, i have CFA level 1 books from 2024. Are they still good for 2025 if I am appearing in May? Also if you have some suggestions for good online tutoring as well. TIA

For those doing the MM Applied Level, what was the study order that you chose and why?

I have some questions regarding this kind of scholarship:

1 - Do they release the results to the scholarship before the deadline or they always release in the deadline itself? The current application result deadline is September 23rd

2 - Do you consider is relatively easy to bag this? Consider easy as - at least 1/3 of the applicants earn the scholarship

Good luck everybody!

I'm currently studying for L1 in November and starting the revision as of today.

What is the best way to get ready for the exam? Just do Q bank and keep repeating?

I want to do around 5 mocks.

Hello, I'm currently pursuing ACCA and really enjoyed the Financial Management paper, but I’m not very interested in auditing. My passion lies in working with finance-related management. Although I consider myself an average student, my determination to pursue CFA is way above average.

If anyone has any insights or tips before I start this journey, I’d love to hear them! What should I be aware of as I begin?

https://preview.redd.it/qbw8qnfoxjpd1.png?width=1510&format=png&auto=webp&s=54472c7c2a87b2fe92253cc082ca8ef3aa280699

Wouldn't increases in inventory increase the cash paid to suppliers compared to COGS?

Hello. Does anyone know where I might find review videos for entire topics such as quant or fsa that sum everything up marathon style or if any prep provider offers something like that? Thanks

Hi I am currently enrolled for CFA L1 Nov'24 attempt. I have limited time to study and trying to make the most of it as i am working and a student too. I wanted to know if there are any free platforms to watch videos for CFA topics (with good and in depth explanation) just so i can fasten the process a little.

Like bro I spent 6 months studying for level 2 and just want to have it done for because Its been 20 days since the exam and I still have to wait for three more weeks like man i'm trying to live my life again but every time I remember about the results pending i get cold sweat sheeeesh I'm so overthinking it I just have to rant it out

Wassup everybody, so I'm giving my L1 this nov and I'm done with 8 subjects till now still have portfolio mgmt and ethics left any suggestions for revision and study planning would be appreciated. All the best everybody!!

Hi all, I'm a fresher in college doing my bachelor's in economics and computer applications. I want to persue a career in finance through CFA.

Please give suggestions about free or cheap but good study materials, scholarships and when should I start preparing.

Guys this is my Study pattern

So I start with reading the chapter from kaplan schweser and write notes in my notebook about the same, after completing each chapter, I solve the schweser eocq, scweser practice book questions of that chapter, cfa institute books eocq and my prep provider's qbank I'm not gonna be reading the chapters from cfa institute books it's too lengthy, I'm only doing questions from it

Can someone rate my Study pattern. Is it the right approach and if not Can you tell me why and what can I change in this?? Please tell

Hi guys I am planning to do my preparation for my level I exam at Feb, Ik there's alot of topics regards this topic, anyways I'ave read alot but nothing is straightforward.

I'ave purchased Kaplan package and moving forward to focus in Qbanks, topic quizzes only. any tips

Hi, I have L1 on Nov 24. I found this breakdown of what subjects will be present in each of the two sessions on the exam day. Let me know if this is true, thanks in advance.

Session 1:

• Ethical and Professional Standards (15-20%)
• Quantitative Methods (6-9%)
• Economics (6-9%)
• Financial Statement Analysis (11-14%)
• Corporate Issuers (6-9%)

Session 2:

• Portfolio Management (8-12%)
• Equity Investments (11-14%)
• Fixed Income (11-14%)
• Derivatives (5-8%)
• Alternative Investments (7-10%)

I'm looking for recommendations on the best finance or business journals to subscribe to, similar to Cambridge, Harvard Business Review, or The Wall Street Journal. Additionally, I’d appreciate suggestions on any reputable Indian media outlets that offer high-quality news articles and reports in the finance and business sector