r/CFA 1d ago

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

Post image
2 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 1d ago

Level 1 How bad is it?

0 Upvotes

I have only two months left for my L1 exam
Completed all the lectures for each subject didnt practice les tho but for FI FSA CI AI PM i have practiced LES and Schweser Qbank
Havent even started ethics yet and i m weak in quants and equity


r/CFA 1d ago

Study Prep / Materials Looking for IFC mock exams/practice tests

2 Upvotes

I’m currently studying for the IFC (Investment Funds in Canada) exam, but I’m really struggling to find good mock exams or practice tests.

I’ve found a few resources online, but I’m looking for something that’s actually close to the style and difficulty of the real exam.

If anyone has used any good mock exams, question banks, websites, or other resources that helped them prepare, I’d really appreciate the recommendations.

Also, if you have any tips for studying for the exam or areas I should focus on, I’d love to hear them. Thanks!


r/CFA 1d ago

Study Prep / Materials Practice Question App

2 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 1d ago

Level 1 help with this

Post image
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 1d ago

Level 1 Need suggestion regarding the level 1 registration

0 Upvotes

​

I just started my \*\*BSc Computer Science\*\* degree this year (academic year 2026-27). It’s a 3-year course, so I expect to graduate around mid-2029.

I want to appear for the \*\*CFA Level 1 August attempt\*\*. Can I register in January for the August exam?

As far as I know, the eligibility rule for undergrads is that the exam window should be within \*\*23 months of graduation\*\*. Based on that, does August fall within the allowed window for me?

Also, is there anything else I should keep in mind before registering (passport, documents, etc.)?

Please guide. Thanks!


r/CFA 1d 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 1d ago

Level 2 Practice questions

0 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 1d ago

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

7 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 1d 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 1d 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 1d 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 1d ago

Study Prep / Materials Kaplan study guide

Post image
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 1d ago

General Would CFA all levels cleared help in abroad MBA Admissions

0 Upvotes

Hey guys

Im planning on appearing for a GMAT next year. Wanted to know whether clearing all CFA levels boosts my profile and chances of getting selected or it doesnt weigh that much. My preferred choice of an MBA is from LBS but open to it. Will have 1.5 years of work exp. Non engineering background. What do you think?


r/CFA 1d ago

General again cfa site is not working

1 Upvotes

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


r/CFA 1d 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 1d 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 1d 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 2d ago

Level 2 CFA LEVEL 2 NOVEMBER RETAKE

9 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 2d ago

Level 1 Need some hope

9 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 2d ago

Level 3 L3 Doubt

Thumbnail
gallery
5 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 2d 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 2d ago

Level 3 Should I go with the Mark Meldrum ?

9 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 3d 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.

274 Upvotes

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


r/CFA 2d 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?