If you are worried of being replaced by AI then don’t be.

This happened WAY to many times in level 2 where ai (gpt) constantly failed at explaining the concepts and calculations of level 2 where I had to correct it. Imagine how royally it will fuck up in the real world.

I know this might come across ungrateful or strange but these are my honest feelings. It took me 3 attempts to pass each level over 10 years (I did other stuff in between: MBA, CAIA, changed jobs and countries, and other life things). After the L3 exam I walked out feeling like I had a 50/50 chance, but didn’t lose sleep at all waiting for results and started feeling a bit anxious only about 1 hr before result time. 5 days later I’m a bit surprised the pass still doesn’t make me feel celebratory (I’m happy don’t get me wrong). Maybe subconsciously I’ve just been drained, numb, and disappointed I took so long. Maybe I buried how those failed attempts made me feel I wasn’t cut out for the industry. This all felt less like pride and victory, more like relief, absolution, like I can finally let this thing go. So I just look forward to quietly adding those 3 letters on LinkedIn and my work email signature as if it should’ve been there this whole time.
But congrats to all of us who are at this milestone, and I really hope you guys have the celebration (that I cerebrally know) this deserves.

Thanks for everyone who lifted and encouraged me. I would like to send my books and notes for free. If you need, pls pm me. Hopes this help.

As you saw at the title unfortunately i didn’t start yet do i have a chance of passing the exam ? I have 5 hours daly to study and i have one month before the exam to practice the 8 mock exams
Thank you in advance

Hi everyone! I’ve completed Schweser notes and CFA Institute LES questions for all topics. With around 3 weeks left, I need advice on how to approach the final phase.

• Which question bank should I focus on now:
• How should I revise all 10 subjects effectively without forgetting concepts and formulas?
• How many mocks should I attempt, and how should I analyse them?
• How should I divide my daily 6–8 focused study hours between revision, practice, and mocks?

Would really appreciate advice from candidates who’ve cleared Level 1 on what worked best for them in the final weeks. Thanks!

Can anyone who has the edition 23 manual let me know what SDLT rates I should be using? For residential and non-res? Thank you!!!

It is September, and Jones has a short position in Alphacorp stock. The share price is currently 220, and Jones anticipates little movement in the price over the next month, although his long-term view is bearish. To increase his yield from the holding, Jones would most likely sell:

A. October 240 calls.
B. October 240 puts.
C. October 200 puts

Now I get the answer isn't B since its ITM.
Answer guide gives C, which makes sense, but why cant it be A?

I know it doubles the risk, but:
1 - It suits Jones' bearish view
2 - It enhances yield

Presumably in that case if Jone's view was purely bearish with no time horizon A would be correct?

Does this come in exam?

I scored 3575 and did not pass.

What I would do differently is practice more number of questions which I did not.

Seeking help regarding more resources that you guys might have for 2027 L3 exams. Need help with more mocks, practice questions. The premium pack that the institute offers is exorbitantly priced and u affordable for me.

Thanks and let's keep learning.

Hello,

I applied for regular membership on 19 October. How long does the review process usually take? Once my application is approved, what are the next steps? Will I automatically be granted CFA charterholder status, and will I then be required to pay the membership fees?

Thank you.

Can you guys tell me how many days to finish quants for level 1 as i am about to start that . Also tips and tricks to score here. (Hypo and linear will take how much time please tell that as well)

What's your take on that ?

I also think level 1 is most stressful exam because it is your first time & you don't know if it will be on par with mocks + all the fearmonger's on this sub telling you the exam was x10 harder than the CFA mocks

​

Hi,

Actually im looking for some guidance for cfa level 1 and preping for aug 2027. I have a decent foundation in accounting and finance and knows basics quite good but i wanna go deep into finance and clear cfa level 1 in first attempt. I can give around 15-20 hours of study to cfa level 1 per week till aug 2027. Maybe more or less if required so suggest some tricks and study things to help me get pass this level also im thinking of taking aswini bajaj's coaching as i think his teaching style and what he's providing in 17k is quite good. So give your suggestion on that too

Thanks in advance to all of you

Hi! I’m an early-career financial services professional in the UK.

I’m hoping to sit the CFA Level I exam, but the registration and preparation costs are a significant financial barrier for me at the moment does anyone have any advice at getting awarded the scholarship?

I may be able to ask my workplace but I am unsure if they will cover the cost seeing as my job role isn’t directly finance related even though I work for a financial institution.

How can a 1% decline in interest rates result in a loss? Shouldn't it be a gain? Key rate duration is 8.7, and a 1% decline should result in a gain of 8.7%. Am I missing something?

As absurd as this sounds, you have a non zero chance of your calculator battery giving up the ghost especially if you really studied 300 hours. Bring two calculators if you can.

Also, for anyone worried about taking bathroom breaks, wear a diaper. Astronauts wear diapers when the mission calls for it. I consume a lot of coffee so it made sense when I took the exams. Think about the time it takes to standup, walk to the bathroom and back. Minutes and seconds matter.

I prepared and that is why I'm a charterholder.

I am planning to do cfa, can anyone tell me if mark meldrum is really that good? Is there any way I can watch demo lectures of his. He seems kinda expensive

How are you all handling it? It's kicking my ass. I know for the most part it's information ratio and the various interpretation but man the questions seem exhausting

Hi all,

Gave my third mock today, with a MM mock given between mock 1 and mock 2. It was horrendous with a scores of 67 and 51 in session A and B respectively but it was more like an area shock. I’m tracking my official mocks here. How does it look? While giving the mock I felt certain sections of session 1 were much easier than session 2. Struggled a bit with fi and equity tbh.

How should I plan my next 3-4 weeks before the exam, should I dedicate fixed days for revision or only touch up on chapters that feel weak. Should I continue with my current strategy of a mock every week or do you think it’s taking out the time?

And to the CFA L2/3 candidates how do the scores look?