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Finally Starting

Hi,

After completing my PG in Management, I was able to secure a job as Asst. Finance Manager in one of the Manufacturing Organizations. My task is to basically handle banks and raise short term funds. So constantly kept in touch with different trade finance organizations and bankers of all level (except the top ones). I performed well and after 1yr they increased my responsiblity which gave me chance to deal with investors as well (our company is listed). Long story short, thats how I got really interested in going into equity research and if I am extremely lucky, IB in future. So after about 5-6 months thought process, I have decided to enroll in L1 for Dec 2011.
I am planning to buy study materials but am really confused between Elan and Schweser. I have gone through various posts in this forum but am still confused.
From your experience, can you tell me whether doing Schweser notes alone is enough?
Really appreciate any help.
Regards

Or going the other way, you can probably pass without any 3rd party stuff as well. I used the CFA curriculum almost exclusively (only used 3 Schweser mock exams) and I felt extremely prepared for the exam. Fingers crossed that I passed.

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I think combining Schweser with EOC questions from CFAI material should be enough.

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Just ordered my materials. Will start this weekend.

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johnnyBuz Wrote:
-------------------------------------------------------
> I think combining Schweser with EOC questions from
> CFAI material should be enough.

I'd use the CFAI materials for Ethics, but for the other topics, Schweser + CFAI EOC questions should be OK.

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cityboy Wrote:
-------------------------------------------------------
> johnnyBuz Wrote:
> --------------------------------------------------
> -----
> > I think combining Schweser with EOC questions
> from
> > CFAI material should be enough.
>
> I'd use the CFAI materials for Ethics, but for the
> other topics, Schweser + CFAI EOC questions should
> be OK.

Even better. I agree.

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I also did not purchase any 3rd party material and I have had a good feeling after the exam. I think it depends on you not on the material.

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edgeon Wrote:
-------------------------------------------------------
> Hi,
>
> After completing my PG in Management, I was able
> to secure a job as Asst. Finance Manager in one of
> the Manufacturing Organizations. My task is to
> basically handle banks and raise short term funds.
> So constantly kept in touch with different trade
> finance organizations and bankers of all level
> (except the top ones). I performed well and after
> 1yr they increased my responsiblity which gave me
> chance to deal with investors as well (our company
> is listed). Long story short, thats how I got
> really interested in going into equity research
> and if I am extremely lucky, IB in future. So
> after about 5-6 months thought process, I have
> decided to enroll in L1 for Dec 2011.
> I am planning to buy study materials but am really
> confused between Elan and Schweser. I have gone
> through various posts in this forum but am still
> confused.
> From your experience, can you tell me whether
> doing Schweser notes alone is enough?
> Really appreciate any help.
> Regards

I used Schweser exclusively and studied for less than a month. Did all EOC, a ton of Qbank, and mocks, including the CFAI mock.

If your Googling skills are good, you can find Schweser products at a significant discount.

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For a person NOT having finance background at all, what will you all suggest ? I have started studying from CFAI material.. and i have no idea what these other materials have that CFAI material does not. Some light on this would be highly appreciated.

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sujata Wrote:
-------------------------------------------------------
> For a person NOT having finance background at all,
> what will you all suggest ? I have started
> studying from CFAI material.. and i have no idea
> what these other materials have that CFAI material
> does not. Some light on this would be highly
> appreciated.


I would still suggest Schweser for Level I.

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