Finally! I’m so tired of seeing the same lazy questions every day.

I'd love to know the pass rate of people that ask such lazy questions like these.

You forgot to add, how good is Mark Meldrum? / Should I use Mark Meldrum to study?

This is effectively covered in the very first question.

Only pulling your leg <3

😂

This might be a dumb question but do you get to add CFA to your email signature/linkedin if you pass level one? or is it only when you have all 3?

There is no partial designation. Claiming you have earned the CFA charter after completing Level 1 would be fraud. Likewise, I think that specific case is covered in Level 1 ethics.

What about CFA level 4?

Thinking to switch from Wiley to MM for level 1: I found that I'm spending way too much time on videos and note taking. Less time on solving questions. Ratio is probably 80:20. I saw Mark Meldrum's YT video where he says solving questions is the way to internalize. Would I be better off if I watch his videos and solve questions directly?

1. Notes are not very effective generally so use those most sparingly. 2. Consider speeding up your videos, then take up half the time at twice the speed. 3. Flash cards. 4. QBank religiously

I plan to finishing the material by mid May. Already watching at 1.75x haha. I'm giving the exam in August. Do you think I'll have enough time to do questions and go through everything again?

You’ll have enough time if you try hard enough. This is not a complicated process, it’s just a grueling one.

Can I use Kaplan notes 2023 to study for L1 in Feb 2024?

which came first, superior guaranteed returns or the CFA designation?

I would recommend using the search function on this sub. These questions have been asked and answered hundreds of times. /s

Bad bot. 😂

Currently registered for May 2023 Level 2 exam, but I need to defer to November. I actually registered for Level 2 back in November (or maybe it was August) of 2022, but because I was offered a job and had to pass licensing exams, I didn’t take the CFA exam. I didn’t cancel or defer - I just never showed up. Based on what I read on the website, you can pay $399 for a one-time, no questions asked deferral. All you’ll need to do is fill out the deferral form which is typically available 4 weeks out from the exam date you’re registered for. Just looking for confirmation that there won’t be any issues for me to pay the deferral fee and move my exam to November of this year - thank you in advance!

Great detailed question. But this is something you need to ask CFAI directly! Let us know what they say!

Will do thanks!

Did you defer?

I did yup

Which prep provider provides the most number of practice questions? Also curious to know which prep provider has the most relevant practice questions? Thank you so much!

Stupid question but just to make extra sure, for the “I failed/passed, when can I sit again”, is it also applicable for 2023 too?

Yep!

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This is a question for CFAI, let us know what they say.

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Most big name providers became that way for a reason. Hard to throw a stone in here without someone recommending something. Ultimately though, it’s a question you have to answer for yourself based on research. I typically recommend people talk to recent candidate’s and Charterholders at their local society for recommendations to try to avoid shill recommendations.

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I have no experience with them. But, I know the CFAI material is also pretty adequate. So, unless there’s a tool you need that a third party can provide, consider using the material given.

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When you sign up with CFAI you get access to the curriculum, a qbank, and mock exams.

Hello, I'm currently studying for level 1 (exam in Aug 2023). I need some help with my studying strategy. I'm using Wiley's videos to understand the material. What I'm doing right now is: - handwriting all the practical questions that require solving. This includes examples and quiz questions. - taking notes on my laptop of important points the instructor says in lecture videos. - I also plan to do CFAECO questions. I haven't done them yet because lecture videos of 1 chapter took me almost a week to complete. I aim to manage time better and complete CFAECO questions of each chapter starting next week. Is there anything I should change/improve in order to optimize my studying method? I know there's a lot of effort lacking. That's why I'm asking this question so I can build a good system for studying.

Hand writing anything that isn’t working out problems is unnecessary and time intensive imo. I’d recommend you do a lot of qbank problems as you progress and just keep moving until you are doing qbank on the full curriculum daily.

Does anyone know when the results will be out for the February L1 exam?

5-8 weeks after the week of the exam. You will know the date 1 to 2 weeks prior.

I have just cleared my level 1. What are the Scholarship submission dates if I want to appear for Nov for level 2.

Let us know what CFAI says!

Hello everyone, Do you know if we can use a blank paper (the exam day) in order to do a Bayes theorem (for example)? Thanks!

This depends entirely on your prometric location, unfortunately. Some give you whiteboards and markers others papers and pens/pencils. You’ll need to confirm with them.

Cool, thank you for the answer. I'll check with them given my location.

MM or IFT video lectures for level I?

Hello! For candidates taking the exam in the current format and missing out on the Practical Skill Modules, will we be able to have access to them afterwords as learning opportunities/Creditable education hours for maintaining a charter at no cost?

This is a great question for the CFAI AMA being held today.

Just realized I posted it on the wrong post. I’ll copy over! Thank you!

Is there a general chat in the r/CFA Discord group? I couldn't find it.

Did you agree to the rules?

Oh, sorry. I was searching for something like "agree rules". I read everything, turns out I only had to click the emoji. 😅

The “tap the emoji below if you agree to these rules part is the trickiest part of the rules 😂 glad you are in! Welcome!

is anyone else experiencing CFAI losing their history of answered questions? I have been losing data from a few hundred previously answered questions

There are at least three people I've seen on LinkedIn that passed the Feb 2023 Level 3 exam who are already sporting "name, CFA" on their LinkedIns. There's no way they passed the reference check that quickly, so is CFA going to punish them?

I was a CFA charterholder the day results came out. You can do all that stuff before the results such that all you need to do is pay dues on results day.

But you don't actually hold the charter until they approve you, right? Or am I overthinking this?

You can be approved prior to receiving your results such that you only need to pay dues to receive the charter. You may be overthinking it. I think, knowing this community, its much more likely that they had all their ducks in a row and then just paid on results day. I was pretty confident i passed, and I didn't want to wait to complete the process, so I started it almost 8 weeks ahead of time.

When calculating Enterprise value why do we add minority interest?

How long did it take you to get the charter after you applied? It's been several weeks for me, just wanted to see what others experience was.

I had the process done before I got the results. It did take a while for my process to complete though.

Thanks. I didn't even think to actually start this process before getting the pass email. Whoops!

Thinking to delay my level 1 exam, 4 months out. Exam date is August 25. I've about 7 modules left which I plan to finish by the end of May. I haven't even touched the CFAECO questions. Will I have enough time to go through mocks and all the practice questions?

Is there a way to skip questions in the CFA mock exam page? I'm assuming the mock exam doesn't mimic the exam day program because I remember being able to skip from question to question

I paid already the upfront fee and then $399 deferral fee and now some bald headed attorney is telling me I don’t have a test date. They completely scammed me. Has this happened to anyone else? They made a bogus policy that’s completely illegal to take your money

What is the exam service provider that provides the most number of practice questions and most relevant practice questions? Thank you!

I am planning to sit for the Level 1 February 2024 exam and I really don't know which prep provider to use. Which one do y'all recommend? (Nevermind the price). Thanks in advance.

Can I say in my resume that "Completed CFA program"? I don't have the charter yet. I have passed L3.

Do you think I will have a chance at all to enter the industry of ER or hedge funds without prior experience but passed level 2? I just want to get a foot in the door and I've been self employed doing my own market research and managing a micro fund running a credit collection options strategy. Will employers be impressed if I can show them a research report and my past trading performance? Or should I just keep doing my own thing because I don't stand a chance without industry experience? I have a m.s. in microbiology and was looking into biotech ER

Where is the CFAI Qbank? Do I need to purchase is separately?

It’s included and in your candidate resource center on the site. Just click around a little, you’ll get there!

I am not sure i can find it ….. i am registered for Feb 24

I’m sure you can find it, investigative skills are part of the skill set you develop in preparation for these exams. Step one is logging into the CFAI website. Step two is clicking on account… I trust you can find it from there

Do I do the Prerequisite readings for CFA on the LES? I am taking Level I in Feb and my degree is mostly not Quantitative, so I have started to work through the prerequisite readings. I know CFAI tells you to do it if you don't have an Econ/Stats background, but is this a good idea or will I be able to pick most of it up as I go along?

I have cleared L1 without applying for scholarship. Can I now apply for the same in L2

I don’t know if this is the best place to ask but does MM allow you to do practice questions on your mobile device, either on the web or their app? Kaplan doesn’t not let you “grade quizzes” on a mobile device.

Idk if the site has changed or not but I definitely did QBank questions on mobile for mm back in the day.

Guys can i get discord latest link invite pls

It’s one of the answers in the FAQ above. However, accio discord.

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The link has expired can you please give me latest one

This is not an expired link to my knowledge. But let me find you a single use link for now. https://discord.gg/rpa9HGFF

That would be great thanks

Its appended to the prior comment. Thanks.

Still its showing expired to me

Then you should try clearing your cache and other Google troubleshooting items as the first link also isn’t expired.

I was searching for the exam deferral form (Paid) Couldn't find it despite of showing on the CFAI website that it will be available about 4 weeks before the start of an exam window, if anybody can help me with this situation it would be appreciated.

I was hoping to find resources here for people similarly situated to me. I have a bachelors and masters in economics and have worked in state government the better part of the past ten years. Prior to that I was in the military. I’m interested in the CFA or at least the first two levels because it could help facilitate a career change, and the material covered seems like a good mix of brushing up/diving deeper into things I was interested in during graduate school, and things I’ve always wished I had a structured framework for learning more about.

Accio discord!

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Ha, fair enough. I figured it was a frequent-enough situation! I asked prematurely i admit; current looking through search results here on the subreddit

There’s a vibrant community on discord, Reddit, and likely even your local CFA Society. Definitely check them all out!

what up r/CFA

This answered questions I did not even knew I had! Thanks :)

Sorry if this sounds dumb but I'm worried asf. - About 24 days left for level 1. - Finishing my second round of revision today. - Done with CFAI questions + Wiley questions. - Have done 0 mocks. Will start tomo Do I still have a chance?

You definitely have a chance. Mock till you drop. Qbank and EOC questions too. Learn from them all as much as possible till test day. You got this!

Thanks!

>Thanks! You're welcome!

Can I ask how many questions we can expect in the CFA Level III exam? I thought it to be 88 questions but the Kaplan Mock exams have 112 questions... Thanks.

https://www.cfainstitute.org/en/programs/cfa/exam/level-iii

I’m a level 1 cfa candidate and i have my exam on 24th august and I wasn’t feeling well from 2-3 days so i did covid 19 test and the report came out to be positive. And I’ve already used my paid deferral once so please guys tell me that cfa institute consider covid 19 under emergency deferral or not Please help me

Can I choose question difficulty on the ecosystem?

Please add am I too old?

Ahh. That’s is good one. I’ll get that added when I’m at my computer next.

What is the New Candidate Agreement?

Hey guys, I bought Wiley, but I do not see it on the approved prep provider... Was that a mistake then? [https://www.cfainstitute.org/en/programs/cfa/prep-providers#sort=%40itemheadertitle%20ascending&numberOfResults=100](https://www.cfainstitute.org/en/programs/cfa/prep-providers#sort=%40itemheadertitle%20ascending&numberOfResults=100)

What % of right answers should one get to pass CFA level 2

Aim for 100% and pass on your worst day was my strat.

Just took lvl 2 yesterday. Does it still take 2 months to get results?

What's the highest percentile one can get in cfa exam?

Fintree juice notes cfa level 1 I want can anyone send it

Can someone help me navigate CFA L1 mocks on their official website for the L1 exam this Nov