Hey guys I am planning to sit for CFA level 1 exams next June (2015), yesterday a friend of mine gave me CFA Level I, II, III Schweser Study Notes 2013 and videos which also includes Mock Tests ,Practice Exams ,Qbank etc will it be sufficient ? Actually I don’t know much about CFA but looking at the course, syllabus, questions I find it easy compared to Indian standards (I may be wrong).
About me:- I am a qualified Cost & Management Accountant (CMA) from ICAI (The Institute of Cost Accountants of India), year of passing Dec 2013 currently undergoing Management training (Finance) in 1 of the biggest PSU’s , after 9-12months of training I will be posted as Assistant Finance Manager . I’m also pursuing CS (Company Secretary) from ICSI will give Finals this December (2014) and start preparing for CFA level 1 from January 2015.
“The CFA Institute recommends that students wanting to take the exam spend at least 300 hours preparing for each level”, CMA final exams have 2 papers out of 8 papers which are dedicated to Finance
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Advanced Financial Management.( it toke me around 350 hours to fully cover this paper which includes 40x3hrs video classes + 150hrs of self-study + 70-80hrs for revisions)
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Financial Analysis & Business Valuation.(it toke around 300 hours 30x3 hours of classes + 150 hours self-study + 50-60 hours for revisions )
So guys do u think 1 can complete CFA spending 300-400 hours of quality time for each level? And will my Finance knowledge which I gained from CMA final help me in CFA?
Pardon My English 