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?

Andreas42

best source: CFAI book.
KNOW those examples. I would even recommend downloading the Standards Handbook. But thats if you have a lot of time. Know the CFAI examples and those in Schweser’s Practice Volumes and you’ll be fine.

mik82

Well..
I took the exam on june, and i scored over 70% on the ethics.
Its really not a bad read, just read it and understand it… really alot of the stuff makes sense. Then maybe re read the main points and sub points. Thats what i did. Do practice problems in the book, thats all i did for that section.
Alot of the questions on the exam is really just testing to see if you know what kind of violation they commited.

dmrktrading

i take it from all of the above that everyone is reading through CFAi texts for ethics? Schweser not enough??
thanx

MiniMe7

arent ethics and FSA the hardest part of the exam?
guys, dont you have days where NOTHING goes in? what do you do?
On FSA and i swear i would be on the same page for like an hour re-reading stuff i read 10mins ago

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.

tobeornottobe

DO you guys recommend schwerser or CFAI??

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…

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.

malbec

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