Certified Financial Analyst (CFA)
Hello Sajha Bashi:
Have any one of you tried for CFA exam? Or does any one have experience being CFA? I know there is lots of information on
www.cfainstitute.org but i am looking for some one who has real time experience. so, please share if anyone has experience!
Thanks
There was already another thread related to this...look out for that one...
It's Chartered Financial Analyst. And for your information you cannot refer to as being a 'CFA'...a CFA charter holder is the right usage. Never use CFA as a noun...bla ..bla and bla and then some more bla...
I am a candidate...what sort of experience would you want me to share with you?
I am glad that someone brought this up. The older threads are lost in the sea of sajha guffs and we need fresh inputs.
I registered for the first exam TBH in june 06. I looked through the material, and the first exam should not be hard, at the same time that doesn't mean that it's going to be easy either. As for the second one, they say it's the hardest, with (so i heard) only 20% of passing rate, it's a good thing you can retake the exam again eh!
As for my background, I recently graduated in economics and concentrated in corporate finance, I also did quant finance that included forecasting and modeling. So, if you are taking the first CFA exam like me.. maybe we can share notes.
correction- that's June 07
share cfa notes? man it is a mountain of reading materials!!! All three levels of reading materials and other supplementary resources alone fills one big suitcase.
GOOD LUCK...so far am only upto, CLU, LUTCF, ChFC, and am studying for CFP , may be i'll sit for the exam in jan.
June 2006 results
Level I Pass Rate: 40%
Level II Pass Rate: 48%
Level III Pass Rate: 76%
Hehe mansion, what are all those? Sounds Greek to me...How was your Tihar?
While people say it is a tough exam, my Prof. was like...well you can take the exam if you work a little bit more besides one semester of corporate finance course he is teaching plus some legal stuff.
Book he uses for the class: Investment Analysis and Portfolio Management-Reilly
Actually the book is decent, well-explained and has questions from the past CFA exam in every chapters...and it is available in international editions online for cheap (a new book for about 30-40 bucks).
Reily's books are not REALLY good.
Investments - Bodie, Kane and Marcus - I found this book easy to follow and interesting as well...I think it gives lot of CFA type questions as well. If someone is coming from Nepal, ask them to buy it at the Educational Foundation (below Mahankal Temple). It should be at least 10 times cheaper than in US, but weighs not less than 2 kilos!
I have done all III levels of the exams and waiting on the charter.. It's not hard. It's just the volume of the material they test you over 6 hrs...
Guys:
Thanks for all these informations.... Just keep up with this topic.... i will be back with some more questions... !!!
I looked through one of the exam paper of 1998 and as many said, it doesn't seem too hard... ( i was looking at level I thogh)....so, lets see where i can get more iformations regarding the course works and books to buy for preparation...
thank you again
Here:
http://www.cfainstitute.org/
ABC...You can buy text book thru CFA Homepage.
There are study guides available thru various vendors...like...Schweser, Stalla, FAR etc..
Once you register as a candidate your mail box will be flooded with these test prep providers.
The CFA textbook will run you around $395.
I do not know what others might tell ya...but do not take it lightly!
NB: for bare minimum, buy schweser
: for little more detailed: buy Stall
: If just passing is not an option: CFA Textbook
Hope this helps
Thanks guys!
hashpipe bro! mailay email gareko thiya .... kata ho? fursad bhako bela reply garouna hai!
thanks
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