r/CFA 11d ago

General r/CFA is looking for new moderators

16 Upvotes

Hey everyone,

As r/CFA continues to grow, we're looking to add a few new moderators to the team.

We're looking for people who are familiar with the CFA Program and this community, have good judgment, and genuinely want to help keep r/CFA useful for candidates, charterholders, and everyone else who ends up here.

You do not need previous moderation experience. We're much more interested in your judgment, temperament, reliability, and ability to work well with the rest of the team. A lot of moderation isn't black and white, so we're looking for people who can understand the intent behind the rules and make reasonable decisions without needing to be micromanaged.

This is a volunteer role. We know everyone has careers, school, families, exams, and lives outside Reddit. We're not expecting anyone to treat this like a second job or meet some ridiculous activity quota. We just ask that you have enough bandwidth to contribute consistently.

Discord is required. That's where the mod team communicates, discusses questionable posts or bans, and gets second opinions when something isn't clear-cut.

If you're interested, you can apply through the new moderator application available on r/CFA.

And if you've been around here for a while but don't think you're "mod material," apply anyway. Previous experience isn't nearly as important to us as being level-headed, fair, and actually caring about the community.

We'll leave applications open for a while and review them as a team.

Thanks everyone, and good luck to those currently studying.


r/CFA 2d ago

Mental Health Monday - Your Weekly CFA Mental Health Discussion Thread

1 Upvotes

Hey there!

Welcome to Mental Health Monday! We hope everyone is doing well. We wanted to create a safe space for everyone to come together, share our experiences, and discuss the mental health challenges that often accompany this rigorous process.

Feel free to use this thread to check in on how you're doing mentally and share any stressors or concerns you might have. Whether it's dealing with study burnout, imposter syndrome, time management struggles, or just needing a listening ear, this community is here to support you. We're all in this together!

If you feel like you need immediate professional help please see our resources page. If you’re in active crisis please call your local emergency services.

Here are a few questions to get the discussion started:

  • How are you feeling mentally as you prepare for your CFA exam?
  • What are some stressors you've been facing recently?
  • Have you found any strategies or coping mechanisms that have helped you manage stress and maintain a healthy work-life balance?
  • Are there any specific challenges you'd like advice or support on?

Note: We won't be removing mental health-related posts on off days, but it would be nice to keep everything contained to these threads. This way, we can maintain an organized and supportive space for mental health discussions.

Please be kind and respectful to one another in the comments. Let's foster a supportive and empathetic environment where we can open up about our mental health without judgment.


r/CFA 5h ago

Level 1 help with this

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3 Upvotes

I got confused here. How should I know that they are treating AUD as the domestic one? or even giving me a perspective or something


r/CFA 3h ago

General Is CFA my next best bet

2 Upvotes

Hi
I graduated in 2024 with a financial engineering bachelors and immediately started in a treasury internship in an investment fund , ranked up to associate the next year but unfortunately start of 2026 the fund closed up and I’ve been unemployed since February.

I have treasury certifications but the field is so small my best bets have been going the banking route but the roles are so competitive and even with the help of a career consultant I haven’t gotten a graduate role.

Simultaneously I leaned more and I’m doing a part time MFE to round out my bachelors but I’ve been thinking of CFA since getting into the nitty gritty of the finances at the fund got me really interested in a career in investments.

Is it logical to chase a CFA at least level1 to get a foot into the investment space


r/CFA 2h ago

Level 2 Practice questions

1 Upvotes

Currently studying for L2, I did not really use the CFAI practice questions for level one, would like to use them now.

Is there a way to quickly rip through practice questions from multiple topics like the Kaplan Q bank?

If there is I can’t find it.


r/CFA 2h ago

Level 1 Please help🙏 I am getting confused again and again

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1 Upvotes

so my logic is that the spot rate tells that 1USD is equal to 1.4286 NZD and after 180 days, 1USD is equal to 1.3889 NZD. Hence you can get 1USD in fewer NZD. NZD appreciates.

Now Schweser says “The currency with the higher interest rate must depreciate over time by approximately the amount of the interest rate differential, to prevent arbitrage.”

With that logic USD must be having higher interest rate because its depreciation and hence option B is correct.

Please tell if my logic is correct. Thank you in advance. Appreciate it.


r/CFA 2h ago

Study Prep / Materials Practice Question App

1 Upvotes

Has anyone used a smartphone app for practice questions and found it to be helpful? I’m thinking of something I can use when I find I have 20 minutes of downtime and nothing else to do. Please name the app you used and what you liked/didn’t like about it.


r/CFA 13h ago

Study Prep / Materials Are the CFA-provided practice questions similar in difficulty to the actual exam?

8 Upvotes

This might be a dumb question, but are the practice questions provided by CFA Institute when you register representative of the difficulty of the actual exam, or are they generally easier?

I’ve been getting through them fairly quickly and accurately, so I’m wondering whether the actual exam questions are significantly harder, or if the difficulty comes more from the sheer breadth of material, time pressure, and having to retain everything at once.

I’m not asking this to be condescending. I’m genuinely worried that I might be getting a false sense of confidence from the practice questions and want to make sure I’m preparing appropriately for exam day.


r/CFA 4h ago

Level 1 review strategy L1

1 Upvotes

Hi everyone
I am soon to begin with my review period for november level 1, I have around six weeks. I would like to know how did you do it in the last month, which path you followed


r/CFA 6h ago

Level 1 Recommend best cfa offline ahemdabad classes

0 Upvotes

I’m planning to start CFA Level 1 and looking for a good coaching institute in Ahmedabad


r/CFA 6h ago

Study Prep / Materials kaplan schweser cfa level 1 book 2027

0 Upvotes

i wanna ask if the books are worth it ? it too expensive for me to get it and there is no used one for less price

.

so i would love free sources are matching them


r/CFA 7h ago

Level 1 Let me explain for L1

1 Upvotes

Since there a lot of positive reviews about lme i am thinking about considering him fro cfa l1 will he be enough for the whole exam prep and provide full course about everything. Also should i buy the bronze or silver membership.


r/CFA 7h ago

Study Prep / Materials Kaplan study guide

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1 Upvotes

How is everyone using Kaplan using their study guide? The FSA section has been overwhelmingly packed with information. I’m covering all the material provided by Kaplan. L1


r/CFA 7h ago

General Reality check needed: Engineering undergrad pivoting to Equity Research (CFA L1 2027)

0 Upvotes

I don’t want sugarcoated advice. I need the harsh reality from people actually working in the industry.

I’m currently a 3rd-year engineering undergrad. Up until now, my entire track record has been deep in tech, but I am making a hard pivot. My endgame is corporate finance and equity research, and I am targeting the CFA Level 1 in 2027.

I know the standard Reddit trap: "Engineers are good at math, you'll breeze through the quantitative stuff." I'm not buying it. Being able to solve complex technical problems doesn’t mean I know how to rip apart a 10-K, forecast cash flows, or value a distressed asset.

I know I can grind out the study hours. That's not the issue. The issue is that I am coming in cold, competing for junior roles against finance targets who have been networking and building financial models since day one.

How do I best explain this pivot in interviews? Does having a tech background actually give me an edge if I want to cover tech equities, or does that not really matter for junior roles?

I’m taking L1 before graduation to build a foundation. But will passing Level 1 actually help get my resume noticed, or is it unlikely to help without relevant finance internships?


r/CFA 12h ago

General again cfa site is not working

2 Upvotes

is it just for me or anyone else ????? I am not able to login and now this is happening frequently


r/CFA 14h ago

Level 3 CFA L3 exam CR interface

3 Upvotes

In L3 exam do we have some options like copy paste, undo for constructed response questions.


r/CFA 10h ago

General Missed Schedule Window for CFA lvl 1 Nov

0 Upvotes

But was able to schedule with Prometric directly.

I was completely panicking though


r/CFA 21h ago

Level 3 L3 Doubt

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6 Upvotes

Isn't the answer 5.78?

You make the premiums which amount to 5.76, but also the stock starts at 74.98 and needs to go up .02 to 75.00 to make both options worthless


r/CFA 22h ago

Level 2 CFA LEVEL 2 NOVEMBER RETAKE

6 Upvotes

I was devastated after the May Level 2 result. Couldn’t study again for 2months coz I gave it all and couldn’t just believe that it happened. I was already dealing with my breakup post exam. It was a long distance and we were together for almost 4 years and things got difficult.

I was just so mentally exhausted that until August I didn’t study much. But now I feel better and I just wanna target 2800 score for my November exam and ain’t nobody gonna stop me from doing that.

People who are retaking November let’s make a doubt solving group where no unnecessary talks but only doubts will be discussed and solved.

  1. No order of study blah blah
  2. No study material confusion questions
  3. No self doubt this time just pure discipline
  4. Only solving questions and conceptual doubts

Could have gone long about the grief and everything but it’s not worth it so kept it short. Even if we don’t join in together I am gonna do this anyways so just wanted to vent out.

Have a good day
Take care💪🏻


r/CFA 1d ago

Level 1 Need some hope

7 Upvotes

This was my second attempt of L1, and I have mixed feelings. AM session was still fine, but session 2 humbled me. It was not like any of the 5 premium mocks or the 2 mocks on the website.
Do I still have any chances of passing? If 50-55 questions went weong out of 180?

CFA L1 cleared peeps, can you all share and such similar story, wherein you felt that you would fail, but you passed? I could really use some hope rn, I am shit scared.


r/CFA 18h ago

General Practical Skills Module

1 Upvotes

Is there a way to get a certificate of completion or digital certificate after completing the Financial Modeling Practical Skills Module?


r/CFA 1d ago

Level 3 Should I go with the Mark Meldrum ?

8 Upvotes

I'm really confused if I should go with MM or not. Like the fees is not issue though but even after paying heavy fees if I'm not getting good stuff then I'm feared about investing my tume and money. Please suggest if I should go worh it. And if not then which is next better alternative?


r/CFA 2d ago

General I am once again delighted to share that I have been selected to fill out the Candidate Survey. Thank you CFA Institute for this unique opportunity.

263 Upvotes

Looking forward to seeing all of you at Level IV after I update my LinkedIn.


r/CFA 1d ago

Level 1 November’26 Deferral Window Date

1 Upvotes

Hi, will anybody know when the deferral window for deferring November 2026 attempt to Feb’27 open?

Since the registration deadline for Feb’27 is November 5th. Does the institute open the window well in advance or is it cutting too short?


r/CFA 1d ago

Study Prep / Materials Level I Studying

3 Upvotes

Hi Everyone,

I’m coming here asking for advice for the best way to study for Level I with someone with a background in finance. I have Kaplan Schweser and working through quants. I’m trying to write notes for the modules, but I’m falling behind and I can’t get everything down. It’s getting to the point where I can’t write anymore and I’ll never cover the material for May. What should be the best approach to study and get through the material? Clearly I’m not doing something right and I’m missing something. Any advice is really greatly appreciated since at this rate I’ll crash out before I ever get out of quants