CFA考试50件必知事项

　　关于CFA考试50件必须知道的事项：
 

　　1) Its not that tough that they make you believe. CFA is very do-able.

　　2) CFA is 80% hard work and 20% intelligence.

　　3) An average Joe can clear the program provided that he/she does not give up hope.

　　4) CFA is difficult because you’ll have to give up on your social life for the three years that you’re doing it.

　　5) It is much more difficult to clear the exams while you are working

　　6) Thus, if possible take at least 1 (better 2) levels while you’re still in college

　　7) Clearing only 1 level or clearing only 2 levels does not carry any weight. You have to clear all three levels before you can make the exams work for you.

　　9) It is expensive. About $2500 to be precise

　　10) It will cover all topics in finance, but it is more suitable for equity research type of roles

　　11) It is not a substitute of FRM (and vice versa)

　　12) You’re not going to seem attractive to chicks in a bar only because you hold a charter

　　13) People don’t get that much impressed that you’re a CFA unless they are CFA level 1 candidates

　　14) The feeling of passing level 1 is the great, level 2 is good and level 3 is just ok

　　15) The happiness of passing LevelⅠ lasts 1 week, level 2 lasts 2 days and level 3 lasts a few hours.

　　16) Schweser Notes is the best

　　17) Study at least 2 hours everyday

　　18) Start Preparing at least 4 months before the exam

　　19) refer to CFAI textbooks only when in need for level 1 and level 3

　　20) Use CFAI text books often in level 2

　　21) You’ll forget what you studied by the time you complete your course.

　　22) In View of 21, revise at least thrice before the exam

　　23) You mock test are the best indicators of your expected score

　　24) Doing Schweser back of chapter problems and doing CFAI past year’s questions is a very good idea

　　25) Take free CFAI sample exam 3 weeks before the exam

　　26) Take CFA mock exam 10 days before the real exam

　　27) Apply for a 2 week leave before the exam, well in advance.

　　28) try to understand the material rather than mug it

　　29) Ethics is BY FAR the most scoring and important topic in exam (especially in level 1)

　　30) Take lots of tests

　　31) If possible, study from Schweser Videos for L2

　　32) Everyone who studies for at least 300 hours for L1 shall pass that exam

　　32) NOT everyone who studies for 300 hours for L2 shall pass that exam

　　33) L2 is very difficult. About 4 times more difficult than L1

　　34) If possible, form a study group

　　35) Don’t start hitting on the girls in the study group. If prone to such activities, study alone

　　36) Talk to your friends regularly on weekends. Take out 1 hour on both days for this purpose. This will help you from burning out

　　37) Have a beer when you’re frustrated of this F##! Exam

　　38) If extremely bored of preparation, take a weekend off. Go on a trip/ read Calvin & Hobbes/ Gossip with friends. After 1 weekend, hit the books again. Without fail

　　39) Don’t let people fool you into thinking that you can pass the exam in 2 weeks. That won’t happen unless you’re John Nash.

　　40) Join http://www.analystforum.com

　　41) It makes immense sense to talk to someone who has cleared your level (recently) before starting actual preparation

　　42) Don’t be afraid of the numerical. They’re not that difficult

　　43) For L1 - FSA, ethics are Imp

　　44) For L3, having a holistic view is important

　　45) For L2, Everything is important

　　46) Do not send the picture postcards you received with CFA registration to anyone, that’ll instantly classify you as nerd

　　47) Its better to complete one book before moving to another one, that way you’ll always have an idea about how much syllabus you’ve covered

　　48) Once you pass, don’t boast about the CFA program. That’s one of the most stupid things to do.

　　49) If you fail once, don’t give up. If you fail twice, continue if situations were outside your control. If you fail thrice, leave it.

　　50) Degrees, Education, Charters, Exams are all of zero importance if you do not maintain good relationships with people. That’s the single most important thing that I’ve learnt over the three years in this program