How well do we need to know the Ethics? studying, trouble, remember, ethics, aiming

LiquidAssets10

How deeply do we need to know the ethics portion of the exam? I’ve been studying it for a while now and have been having trouble trying to remember all of the subpoints to the subpoints. Should we be aiming for word for word?

ryanlb

i think youll find that alot of people sitting for dec 08 havent even looked at ethics yet (like me). its because the concepts are quiet difficult to retain. im planning to look at it last by reading through the CFAi texts, and then a final review the month before.
move on to something else.

Muddahudda

inside and out

ap0258

Dang… that’s rough. This stuff can be dense.

Valores

you have to know the seven standards with sub-standards and be familiar with major tricky situations such as whether it’s ok to let the company you cover arrange transportation and pay for it if you go to an isolated area, etc.

malbec

Just do a ton of Qbank or Passmaster questions - if you are getting 80%-90%, you’ll be fine.

king_kong

i read through it early, then reread it a few times in the last month. Lots of Qbank, reread it the day before the exam to keep it fresh. Its a major topic that is for sure, and you will see 2 part answers…if you keep reading it you will get it, and then its the easiest points on the exam.

jcole21

my perception is that in case you clear all othe sections with >70 and fail in ethics,u will be fail….CFAI put much emphasis on ethics(rightly so) and hence this section is mother of all sections….so prepare it well…

tobeornottobe

DO you guys recommend schwerser or CFAI??

random_walker47

Akash03111982
There is no such rule as u mentioned (in case you clear all othe sections with >70 and fail in ethics,u will be fail). go thru the FAQs and u will have a better idea.
The reason why ethics and FSA are given so much emphasis coz they have the maximum weightage in the exam. The trick to mastering ethics is do as many practice questions as u can. I appeared for for L1 june 08 and here i m again appearing again in dec for L1. But i did manage to score above 70 in ethics and FSA.