- UID
- 222306
- 帖子
- 362
- 主题
- 16
- 注册时间
- 2011-7-2
- 最后登录
- 2015-12-27
|
5#
发表于 2013-4-12 22:49
| 只看该作者
I have an engineering career background, a M.S. in financial economics, and I do not suggest it unless you are an extremely disciplined person along with an exceptionally fast reader.
When the professors pick your textbooks for your M.S. courses, the textbook writers have the goal of delivering a balance between a broad topical base and the classic analysis methods in that subject. The board of the CFAI have a strong focus on letting candidates pass who can sift through the shell game of duplicitous financial communication. Through the curriculum, they take a turn away from approach of textbook writers toward training analysts to pass this different kind of muster. Thus, you’ll be surprised, but you need to study for CFA L1 using either CFAI’s curriculum, an outside provider’s materials (Schweser or Stalla), or a mix.
I passed L1 last December and am a L2 candidate for June. I fretted for the 18 weeks that I studied that I hadn’t left myself the full 20 weeks recommended as the study plan. I had a clearer plate than your course load and two part time jobs. I found the Econ to be a breeze, but it is only, (correct me if I’m not remembering right)…10% of L1?. Unless you have worked in the accounting areas that comprise the FSA topic, that will likely kick the time over the 250 hours. I might have spent 60 more hours above the fraction that FSA should have been, just on FSA. I found that the topics were poorly written and hard to absorb.
Are you using the book “Investments” by Zvi Bodie for your investments or port theory class? It has past questions from the CFA in the end of chapter questions. If so, here’s a test for whether you’re a good candidate to sign up: Peruse a sampling of those from equity, fixed income, and port mgmt. If a) your ability to tackle them comes close to 1.5 minutes each and b) you can picture being just as efficient at the full spectrum of CFA topics at their weights, then you may be OK for June.
If you do sign up for June, punt to using Schweser or Stalla per what hiredguns1 said. However, fitting in time to do the end of chapter questions from CFAI curriculum is worthwhile, especially if, upon taking your first mock exam, it indicates that you are substantially below passing in weaker areas.
The typical student has fewer courses available over the summer. If that is your case, then signing up for December and making a concentrated push over the summer to cover the Lvl 1 material will relieve the pressure cooker for fall, when you have a full course load.
I don’t suggest throwing your money away if you can’t devote the proper resources of time and effort. It is psychologically difficult to study for an exam of such breadth without falling off the cart.
You’re already on AF, so whichever exam date you sign up for, you have people pulling for you! |
|