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Non-finance background

Hi Guys,

I am from non-finance background registered for June2011. Please advise on the below questions.

1) Which material to follow ?

2) Any coaching classes in hyderabad,India ?

3) Please suggest me a study plan ?

I have analyst notes for now. CFA material is yet to arrive.

Thanks in advance..

Regards,
Mohan

Go with Elan's stuff. Way better than Schweser's.

TOP

Um. Read the books from front to back. Then do a lot of practice questions. That's about it.

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ohai Wrote:
-------------------------------------------------------
> Um. Read the books from front to back. Then do a
> lot of practice questions. That's about it.


^^^what he said^^^

TOP

Thank you for your inputs. Yes, i read lot of post about materials but i would like to know which material useful for non-finance people. This is just to narrow down my search.

also, any idea on coaching classes in hyderabad,India

TOP

Hey,

I was from a non-finance background as well, economics as a matter of fact, which is only 10% of the exam. I also had an accounting minor to fall back on so I found FRA fairly easy.

What you should do is;

1) Buy Elan's Ultimate Prep package, 40% discount for students, comes out to 299 dollars US. Superior to the crap that Stalla and Schweser come up with.

2) Do not pursue your CFA if you get discouraged easily, passing all three levels will be difficult, but if you put in the time you will have a good chance of doing so. What I did was read Elan Guides Study notes, read CFA end of chapter summaries, attempt practice problems from Elan and then do End of CHapter questions in the material, if I did not understand something I would look for it in the curriculum. Don't try to read the curriculum itself, its very dry and it will be difficult to retain concepts without working them out.

3) Try to get through a reading everyday, that way you will be done in 74 days, which is roughly 2.5 months, leave another month for review, and take practice exams and you should be fine. The material is fairly basic, the people that find it very challenging are typically those that either don't prepare enough or are just not cut out to pass all three levels.

Good luck.

TOP

sorry , its for level 1

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It surprises me how many people still ask what material to follow when that information is everywhere on this site. People have passed using Stalla, Schweser, CFAI texts and combinations of those.

Again, study plans are posted everywhere on here. The toolkit on the CFA site also gives information. Best thing...leave a month for review and mocks. However long it takes u to get to that point is up to you. It does not matter what order you take the material in as well.

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