Beatnik

Love u people,i must thank razedge,MoneyMan_CFA,dennis2085 ,kevin.venanzi,chung.da.neu for ur comments and let me plz clarify the reason behind the idea that i wish to review ethics(and other important topics too)on a regular basis is that i want to learn it,practice it and eventually kill it(the curriculum) as i have been planning for this for a year almost and i find it very Intriguing.And as i have recently graduated from college,i have plenty of time to spend onto.

Again thanks a lot

Cheers

mnieman

You really don't need 10 months to study for L1... In fact, it might hurt you more to study so much for it because you'll forget things by the time the test comes along.

As for ethics, you can read it once now and once a week before the exam. That should be plenty of practice.

You have more than enough time to study now for the December exam. That way, you can study for L2 in June and be a year ahead. If you don't pass L1 in December, you can take it in June and still come out even.

If I were you, I would call CFAI, switch my L1 test to December, and start studying for that. There's absolutely no reason to study so long for L1.

Finalnub

kant Wrote:
-------------------------------------------------------
> You really don't need 10 months to study for L1...
> In fact, it might hurt you more to study so much
> for it because you'll forget things by the time
> the test comes along.
>
> As for ethics, you can read it once now and once a
> week before the exam. That should be plenty of
> practice.
>
> You have more than enough time to study now for
> the December exam. That way, you can study for L2
> in June and be a year ahead. If you don't pass L1
> in December, you can take it in June and still
> come out even.
>
> If I were you, I would call CFAI, switch my L1
> test to December, and start studying for that.
> There's absolutely no reason to study so long for
> L1.


Soddy1979 & KANT,Guys,I Appreciate Your Concern.That's what I thought too but then it occured to my that this would be just mugging up things as i have no prior knowledge of this and as i mentioned earlier,i want to learn it,pratice it and then eventually kill it.

Thanks again
Cheers

ftwcfa

10 months seems rather excessive, so be careful not to burnout. Take a few days or a week off here and there to recharge your batteries. Also, ethics once a week seems a waste to me, as you'll either spend way too much time on it (to the detriment of everything else), or you're not looking at it deep enough to get it. I'd read the handbook and the GIPs stuff once a month if you want to study it a lot- more than enough to fully understand it. However, you'll never kill ethics, it's like trying to hold a jellyfish, it's far to slippery. If you're consistently getting between 80-90%, then you're doing very well.

Quant is the best place to start as far as I am concerned. Good luck!

sgupta0827

sbmarti2 Wrote:
-------------------------------------------------------
> 10 months seems rather excessive, so be careful
> not to burnout. Take a few days or a week off
> here and there to recharge your batteries. Also,
> ethics once a week seems a waste to me, as you'll
> either spend way too much time on it (to the
> detriment of everything else), or you're not
> looking at it deep enough to get it. I'd read the
> handbook and the GIPs stuff once a month if you
> want to study it a lot- more than enough to fully
> understand it. However, you'll never kill ethics,
> it's like trying to hold a jellyfish, it's far to
> slippery. If you're consistently getting between
> 80-90%, then you're doing very well.
>
> Quant is the best place to start as far as I am
> concerned. Good luck!



sbmarti2,thanks a lot.Yes i have started with Quant and finished TVM within 2 days.But the way forward seems rocky as i haven't done this stuff(i mean quant) before.So,wish me luck

Cheers

amqata

I agree Ethics is important but there is no way to master it, you can only be "so good" at it. You will always find a couple of ethics questions in exam that you have not seen/thought/practiced before. So utilize you time wisely, quant is a good start because you will use TVM and PV formulas in Equity/ Financial Reporting and also Corp Finance.

I did not read the Ethics Handbook, but went over the CFAI Ethics readings 3 times and practiced QBANK. Do not trust QBANK blindly, there will be ethics questions where you can cleary see flaws with QBANK explainations, but nevertheless it has a bunch of good exercises. Dont forget to grill the GIPS, its easy and will help you score easy points in the exam. You have plenty of time, I just studied for 2 months, I think you should be fine.

studyn

And jatboy if you have any issues with quant just post here and someone will explain for you. I found quant the toughest at first but as you practice & practice it gets much easier. I ended up over 80% in every sample and mock in quant.

smartpants

soddy1979 Wrote:
-------------------------------------------------------
> And jatboy if you have any issues with quant just
> post here and someone will explain for you. I
> found quant the toughest at first but as you
> practice & practice it gets much easier. I ended
> up over 80% in every sample and mock in quant.


Thank u Soddy1979,this is exactly the stuff that i needed to march ahead .

Cheers

dcfox83

Substitute reading ehtics once a week to vigorously studying FSA once a week and you'll do much better. I didn't look at ethics until the last two weeks and got over 70% on it...not bragging just saying there's no need to prioritize ethics.