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标题: Hot topics for 2011 exam [打印本页]

作者: transferpricing    时间: 2011-7-11 11:20     标题: Hot topics for 2011 exam

I'm covering everything and not taking too many chances -

but what do people feel are likely topics for 2011?
作者: IAmNeil    时间: 2011-7-11 11:30

Currency (hedging, risk etc)
作者: liangfeng    时间: 2011-7-11 11:39

ethics...will definately be on there and will likely get an entire item set, maybe even 2.
作者: skycfa    时间: 2011-7-11 11:48

builders Wrote:
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> ethics...will definately be on there and will
> likely get an entire item set, maybe even 2.


:-) Surely not - it came up last year!
作者: Chuckrox    时间: 2011-7-11 11:57

is GIPS considered part of the 10% ethics weighting, or is considered a stand-alone topic?
作者: IAmNeil    时间: 2011-7-11 12:06

No, 10% for Ethics (tested in the afternoon) and 5% for GIPS (tested either morning or afternoon)

GIPS is giving me gip...
作者: lcw77    时间: 2011-7-11 12:15

GIPS is horrible. Pure memorization...
作者: jmh530    时间: 2011-7-11 12:24

IPS IPS IPS...better know all the parts and how to create/write them up
作者: pennyless    时间: 2011-7-11 12:33

SkipE99 Wrote:
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> IPS IPS IPS...better know all the parts and how to
> create/write them up


Agreed, Individual IPS and Institutional IPS are guaranteed to be the top items on the exam, in addition to being the first items on the exam.

Ethics (including Asset Managers Code) will be important too; especially Readings 3/4/5/6.

GIPS will be up there too.

Things get unpredicable after that. But if you can avoid bungling IPS, Ethics, and GIPS, it should be smooth sailing.
作者: strikethree    时间: 2011-7-11 12:42

You should NEVER get into thinking you can "game" this exam...It is crucial that you have a phenomenal grasp of the L3 body of knowledge, espcially how to quickly integrate topics and concepts in order to answer the questions.
作者: aidebaobao    时间: 2011-7-11 12:51

only two things are certain, death and IPS.
作者: NakedPuts2011    时间: 2011-7-11 13:00

castle123 Wrote:
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> You should NEVER get into thinking you can "game"
> this exam...It is crucial that you have a
> phenomenal grasp of the L3 body of knowledge,
> espcially how to quickly integrate topics and
> concepts in order to answer the questions.


Disagree.

If you are writing L3 just for the learning, then by all means strive for that phenomenal grasp of all elements of the L3 curriculum.

However, if priority #1 is passing the exam, you would be wise to recognize that CFAI has favorite topics (IPS in particular) that are tested disproportionately heavily every year, and that you should devote a disproporionately large portion of your preparation time to those topics.
作者: bkballa    时间: 2011-7-11 13:09

Why wouldn't I be taking the CFA for learning?
作者: ohai    时间: 2011-7-11 13:27

WENDY...that's correct (and no doubt that IPS is key!! duh) as you put it:

"you would be wise to recognize that CFAI has favorite topics (IPS in particular) that are tested disproportionately heavily every year, and that you should devote a disproporionately large portion of your preparation time to those topics."

But, to pass this puppy I would strongly suggest the L3 candidate be familiar with (and preferably have a phenomenal grasp) of all the readings and not try to guess/"game" this thing. The exam time pressure is !@#$% unbelievable, and greater "LEARNING" will give you awesome confidence that day.....plus, the pass/fail margin is often in those less "favorite topics" you mention!




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