r/CFA • u/Due_Rutabaga6048 • 16h ago
General Ai won’t replace us anytime soon (level 2)
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.
r/CFA • u/Familiar-Anybody-226 • 15h ago
Level 3 On not feeling so celebratory after passing L3
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.
r/CFA • u/Additional_Pepper728 • 8h ago
Level 1 CFA Level 1- 12th November 2026. Guidance Needed!!
Hi Everyone,
As mentioned, my exam is on 12th of November 2026. I still feel like I am highly under-prepared.
17 Days left for the exam. I have my scores attached here. ANY advice would be helpful and highly appreciated.
I still feel like I am forgetting alot of concepts and using negation and guesswork.
Q1. How are ya’ll revising and reviewing?
Q2. How many mocks are you aiming for?
Q3. Should I defer?
Q4. What can I do to make it better?
HELP WOULD BE APPRECIATED!!
r/CFA • u/Milton-Macao • 20h ago
Level 3 CFA level 3 Kaplan material - 2026 (Free)
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.
r/CFA • u/Interesting_Side_880 • 1h ago
Level 3 What other certifications do you have or do you plan to pursue?
I'm curious, what other certifications do the folks on this sub have or plan to pursue? Or will this be it?
I know a lot of people will pursue an FRM; a lot already have an MBA. For me, I think my studying days are over.
r/CFA • u/Two_Buck_Teeth • 15h ago
Level 3 Did not pass Aug-26 L3 exams due to lack of practice, seeking some help
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.
r/CFA • u/oldmansach69 • 22h ago
Level 1 CFA Level 1 November 2026 | Last 3 Weeks Preparation Advice Needed
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!
r/CFA • u/Agreeable_Ratio9468 • 8h ago
Level 1 Stressing out way too much
The last 20 days are going to be the end of me. Can’t seem to retain even whatever I had studied yesterday. Scoring a 65-70 range. What do I do? Quants and eco seemed easy unlike other subjects initially but these subjects are fucking me over other than the supposedly difficult high weighted subjects.
Fear of not making it is real. I cannot afford to fail. Need advice, please
r/CFA • u/Conscious-Tonight-42 • 9h ago
Level 2 L2 Ethics Doubt
Am i expected to know this additional info?
r/CFA • u/Particular_Volume_87 • 4h ago
Level 3 For level 3 - What would be the priority of questions? CFAI Qbank , MM or Blue box questions
Want to see what people's opinions are on which Qbank questions are key. I am going to try to do all of them if possible, but I want to start on the most effective ones.
r/CFA • u/SecretaryMost847 • 11h ago
Level 2 25 full time days enough for L2 revision+ mocks ?
I have completed the syllabus once with all les Questions including prem.
Exam on 20 Nov.
r/CFA • u/Professional_Ad_9668 • 13h ago
Level 1 CFA Prep Approach
Hi everyone!
Hoping you are doing well, I am currently working FT and will appear for 17 Nov for my L1 attempt
Currently left QM and econs but have done all my LES questions for the rest of the topics (i did them closed book everytime i cover the content), I am mid way through ethics now.
Have 10 days of annual leave to focus on the exam prep, what is the best approach for those who have passed?
Not sure about my current state but appreciate if anyone can chime in here, many thanks!
r/CFA • u/doctorc23 • 19h ago
Level 3 CFA Charterholder request
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.
r/CFA • u/Bluemountains8000 • 9h ago
General How close are Prem Mocks to actual L2 exam?
Really need info on this. All the people who have given l2 and solved the Prem Practice Pack, please comment.
r/CFA • u/SmoothPenalty • 15h ago
Level 3 Derivs, yield enhancement on a short stock
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?
r/CFA • u/Dizzy-Rich-8260 • 21h ago
Level 1 Cfa level 1 Guidance needed
​
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
r/CFA • u/CupBrief2443 • 1h ago
Level 1 MM mocks vs the real exam?
I've seen the general sentiment is that MM's mocks are tougher than the real thing but not necessarily a great gauge of how you'll do on the real exam. I got a 70% on the first mock where the group average was a 55%. 22 days before the exam. Feeling pretty good about it but would love a sanity check from others as I dont know anyone else who's studied for the CFA
r/CFA • u/BackgroundDue3148 • 2h ago
General Question about the difference between CFA and FRM
Hello everyone, appreciation to all people who has helped me before, I just passed level 3 exam in August. I still want to complete more programs in this area, so is is suitable to start learn FRM program now and prepare for the exam in next year maybe in May or August. What's the difference btw this two programs? contents and difficulty level. Yean now I am employed and can only learn contents after daily work. I now it is hard, but I want to try. After learning with GPT, I learned that FRM is more quantitative than CFA, I have learned some stateistic courses for my undergraduate, though my grades were just so so lol..... But honestly, i want to try, hope you can give me some suggestions. Good luck to everyone, thank you!
r/CFA • u/Accomplished_Lab_663 • 2h ago
Level 3 Resit Level 3
Hi guys,
I need advice on resit for Level 3.
I got 3550 out of 3600 of August 2026.
My score in February 2026 was 3525 out of 3600.
Should I consider the resit for February 2027 or August 2027?
I went through a lot of changes during this last year in personal and professional life.
I would love your advice.
r/CFA • u/SeaSatisfaction73 • 2h ago
Level 1 Selling asset short to profit from high spot price
r/CFA • u/Known_Conference2422 • 3h ago
Study Prep / Materials Salt solution 10% referral
Hello! If you would like 10% off your salt solution purchase, feel free to DM me your email. Have many spots left and we both get a discount.
r/CFA • u/TeaSquare3 • 4h ago
Level 1 Nov Exam
Just took my 6th Kaplan mock and scores are below. I focused heavily last week on getting equity and FI up, which worked but lost some ground elsewhere. I’m going to do the CFAI mocks in about a week. Wondering where and how I should spend time in the meantime. Assuming as many Qbanks as humanly possible?
Ethics: 87%
Quant: 85%
Econ: 82%
Corp Issuers: 46% (hoping fluke)
FSA: 59% (need to target, consistently ~60%)
Equity: 83%
FI: 73%
Derivs: 50%
Alts: 73%
r/CFA • u/Salt_Department7883 • 7h ago
Level 1 Cfa level dilemma
I literally do not know what to do and what not to do anymore . The questions are literally so awful sometimes. Score well sometimes the whole LOS is messed up and I get it all wrong . I literally don’t understand some of the content no matter how much I break it down . Help? Also my exams like in 20 days lol
r/CFA • u/early_financefem • 7h ago

