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IMPORTANCE OF Equity and fixed income...in CFA level1??

Is equity and fixed income really necessary to cram....I have just reached this last section and have been advised that one can safely leave it or at best just skim it as nothing really is tested from here????

I don't recall seeing equity and fixed income from CFA curriculum. What is equity and fixed income?
I passed though.

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Point taken! Thanks a lot for all the inputs.....appreciate it!

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beatthecfa Wrote:
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> I can't believe these threads. What do you want us
> to say? Skip AI, derivatives, Equity and FI?

You said it.

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It's not even November and you want to punt on equity and FI? Why not everything? The FI in Level I is an Fing freeB and Equity in not hard at all.

For L1 you need to think that you must pull 70-75%, if you punt on equity and FI and get 50% on them you start the exam at 90% are you that good at the rest?

BTW if you ever pass L1 with this idea (and you won't) you have no shot and I stress no shot at passing L2. No wonder why last year Dec L1 was 34%

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^ I think no one starts studying with the intention of taking shortcuts, things get in the way. I skipped big chunks of PM and AI, like 90% each , it just happened. I did read some of the stuff after the exam though - some of it for job interviews, some because I was interested. Skipping material does not mean one will never read it, just not now, and there's no crime in that imo.

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If you're short on time make sure you nail down ethics and FSA. I don't think I got more than 5 wrong on FSA when I took level 1. Obviously I have no idea how many I got wrong but I remember breezing right thru it.

The Charter is a very distinguished designation so it just aggravates people on here, especially those who have passed the exams, when people try to take short cuts. The CFA isn't something you get for the sake of getting, it's something that you want because you're truly interested in the material.

Good luck.

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I'd have to question the advice whom suggested you could just skip entire sections of the exam, instead of getting aggravated by realistic critiques from people here.



Edited 1 time(s). Last edit at Sunday, October 24, 2010 at 10:23AM by spreads.

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its ok. but no. we have a month+ left. don't skip anything. man it all up. even if its only 5%(which is plentiful) of the exam, don't overlook it now. if you post this same thing 3-4 weeks later then most of us will probably just tell you to not take it

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Take a shortcut by leaving out equities and fixed income? yea.. good luck with that.

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