I have completed economcs and have started Quants, done with Time value of money… I found the CFA text takes too much of time to complete even the basic concept… so, is it advisable to to switch to schweser as I have had done economics from CFAI…just confused…!!!
varundarji, you are so right. Time and again, I ask WHHHYYYYYYYYYYY CFAI makes a simple TOPIC/Concept sooooooooooo difficult to understand…There r numerous topics which are so easily explained (and understood) by Schweser but made soooooo complicated by CFAI. But I have used both anyways.
Use Schweser. CFAI makes it seem like you need to know the formulas for everything under the sun, but use the schweser notes to target your studying. You are not going to have to calculate Skewness or Kurtosis on the exam (you have a minute and a half per question), however, they may ask you to interpret the results. I was very quick to throw the CFAI book on Quant away and grab the notes, but you may endup referencing the CFA books if something is unclear.
varundarji Wrote: ------------------------------------------------------- > I have completed economcs and have started Quants, > done with Time value of money… I found the CFA > text takes too much of time to complete even the > basic concept… so, is it advisable to to switch > to schweser as I have had done economics from > CFAI…just confused…!!! Agreed, the CFAI text is just terrible. I am currently going through it before a quick review of Schweser…i’m having second thoughts.
Ok, I give up on the CFAI…its just way to much overkill for what its trying to achieve. I cross referenced reading 6 between CFAI & Schweser and it became instantly clear I was wasting my time with CFAI. My new approach is to read Schweser and cross-reference with CFAI once I am done to see if there is anything I missed… On the plus side chapter 7 just went from 70+ pages to 22 pages…thank you schweser, thank you