Level I

How to retain FRA?

hello all,

Simple question: Im going to finish all readings by the 14th April and the one section im struggling to remember is FRA (done 2 months ago but even then i struggled to answer questions), should I postpone starting mock exams mid april and rather re-read FRA and then jump into mocks or would I grasp the concepts better by doing mocks and qbank and reading up on the sections.

Wiley/Elan for December 2015 Level 1?

Hi all,

I work 14+ hour days and don’t have the time to cram for the June ‘15 Level 1 exam. I’ll instead by spreading my study sessions out so I can write Level 1 in December ‘15.

I’ve worked through Quant using some friends texts to compare the differences between both the CFA texts and Schewser.

Some initial comments:

I havent studied anything and only 2 months are left to paper.

I havent studied anything and only 2 months are left to paper. Please can anyone guide me which things should I target?

Study Notes? Q bank? Really confused. Can anyone who prepared in such less time help me out with my plan? Thanks.

Reading ONLY CFA curriculum book

hi All,

I have registered for CFA exam in Dec. I have only bought ebook and hard-copy book of CFA curriculum. I think I am OK at intellectual level. 

However when I am going thru the material in CFA books, I find the following

1) It is quite boring.(I am currently on Economics–Macroeconomics)

2)The material is very hard to follow. Its not intuitive at all as CFA book

3) The material does not seem to be logically sequenced i.e. sometimes the heading will say something and content will say something else !!

On-the-run Securities and Liquidity

 I have seen words like “On-the-run securities are always considered the most liquid” from several places, and am just wondering, is this always true? And why would this be true? Why do people prefer the on-the-run to the off-the-run? Could there be a situation where off-the-run securities are more liquid than the on-the-run ones? Thank you!

Why do you want to work in Finance?


Please, can someone help me answer this question? I work in the Big 4 as an auditor and I’m dying to make transition into a good Corp Fin or FP&A role. I’ve been getting REJECTED at every turn casue most people are asking me, “why do you want to work in finance” or “why after all these years in compliance do you want to work in finance”?.

Can someone please help me obtain the best possible rebuttal to this common question?

Best Regards,

The Stark of Wall Street

Question - Annuity

Q: Tom will retire 20 years from today and has $200,000 in his retirement account. He believes he will need $40,000 at the beginning of each year for 20 years of retirement, with the first withdrawal on the day he retires. Tom assumes his investment account will return 7%. the amount he needs to deposit at the beginning of this year and each of the next 19 years is closest to:
a. $6,500
b. $7,300
c. $7,800
Answer: B
how can i calculate that? Plz, help me!

First read done...and now?

Hi guys,

i finished to read my 5 Schweser books and I feel like that i still don’t have a very solid grasp in every subject. I am wondering if it is better to do exercices only or have a second read of the entire curriculum…the exam is in june and i fee like i may have not enough time..

For example…i struggle to commit to memory all financial ratios, reporting conventios and list of requirements/characteristics….i am not very good in cramming

What’s your advice? What will you /or have you do/done after the first read?

thank you


Questions - order of difficulty

I’m during my second review, going through a variety of questions but I don’t know if the scores i’m getting are meaningful 

Which questions (or the % score of questions answered) are the best indicator of questions (score) on the exam day ?

- curriculum EOC questions

- CFAI questions for every section - on their site in candidate resources

- schweser qbank

What should I focus on ?

for example, I’m getting 85-90 % in ethics in CFAI questions on their site but don’t know if that result is a good indicator of actual knowledge


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