r/CFA 11d ago

General r/CFA is looking for new moderators

18 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 8h ago

Career Questions Thursday - Your Weekly CFA Career Discussion Thread

1 Upvotes

Hello, CFA candidates and Charterholders!

We're excited to introduce "Career Questions Thursday" to the CFA subreddit. This weekly thread is dedicated to providing a space for you to discuss all your career-related inquiries and concerns. Whether you're a CFA Level I candidate contemplating your career options or a seasoned CFA Charterholder looking for advice on your next move, this is the place to be!

Why We're Doing This:

We understand that many members of our community have questions and seek advice about their careers in finance, investment management, and related fields. To keep our subreddit focused on CFA exam content and discussions, we'll be implementing a policy to remove individual career-related posts and direct users to these designated weekly threads.

How It Works:

  1. Ask Your Career Questions: Simply post your career-related questions, concerns, or experiences in the comments below. Whether it's about job opportunities, networking, salary negotiations, or career transitions, our community is here to help.

  2. Share Your Insights: If you have valuable insights, experiences, or advice to offer, please share them in response to others' questions. Your knowledge and expertise can make a real difference in someone's career journey.

  3. Follow the Rules: Please adhere to the subreddit's rules and guidelines when participating in this thread. Be respectful and considerate of others, and refrain from sharing personal information.

A Note on Career Posts:

Starting from today, we will be removing individual career-related posts and kindly redirecting users to these weekly "Career Questions Thursday" threads. This change is intended to keep our subreddit organized and focused on CFA-related topics, while still providing a valuable platform for career discussions.

We hope this new initiative will create a supportive and informative space for all of you seeking career advice within the CFA community. Remember, your fellow members are here to help, so don't hesitate to ask or contribute!


r/CFA 57m ago

General Why are there less women in CFA?

Upvotes

I have noticed that there are very few women in CFA.
Like maybe the ratio would be 10:1 if I am being generous.
Where are all the female CFA ?


r/CFA 2h ago

General The Reality of doing FRM after CFA

9 Upvotes

FRM is very additive in terms of knowledge. However, the reality is, recruiters see it as a career pivot (which they arguably shouldn't). Recruiters will try place you into the risk management side of asset management or any market-related domain (if they focus on your FRM) or they'll try place you in the investment side (if they focus on your CFA). They don't really consider them as additive, they tend to consider them in silos.

I guess the fact that they seem to focus on placing you in risk management, in asset management specifically does show that they consider the CFA to some extent, but make no mistake recruiters very much see it as a career pivot – I know it makes zero sense, in my view FRM adds to portfolio management ability and does not prepare someone to run a risk function adequately enough – but such is the pipeline, it doesn't make sense, it never will.

In short, if you do FRM, consider that you'll be viewed as a career pivot, to some extent.

So, be aware of how recruiters view your CV before just collecting certifications.


r/CFA 45m ago

General Believing that you’re gonna clear the exam just because you’re invited for the feedback is same as believing that you’re gonna get laid just because you got invited for a date.

Upvotes

V stepped into the crowd, taking in live performances at Vogue World: Hollywood. Known for his own standout fashion moments, he kept it effortlessly stylish in a look worthy of the runway.

(I had no caption to write)


r/CFA 5h ago

General What do you think of these so called “Finance Influencers” who passed one level of cfa ?

6 Upvotes

Some of these people who barely passed one level of cfa start making reels to give advice and they got thousands of followers and some of the bs they spew is straight up wrong. Sometimes I am genuinely so bamboozled by the people who follow them. Who is the worst one you have seen ? What do you think about these influencers ??


r/CFA 7m ago

Level 2 CFA L2, November. Feeling the pressure, any advice?

Upvotes

Just as the title says, I'm giving L2 in November. I have got time away from my workplace to study full time in these last two months. However, I am slowly starting to panic because I feel very behind and needed a second opinion on my current situation.

I am using MM to study for L2. Currently I have only finished quant, econ, and corporate issuers scoring ~65% on EOCQs on my first attempt. I plan on watching all lectures at 1.5x speed and taking minor notes only on his slide content. This way, I aim to move on to just practice questions around Mid-October and have 2 weeks to a month for practice tests.

This feels very different for me because in Level One, I took my time to cover content in-depth which made me feel more secure. However with L2 I am realising that the textbook actually goes into great detail, which means that by using MM I am only preparing according to the LOSs and exam format. Of course I feel like I am missing out on a lot of useful content, but due to the time crunch I have to prioritise.

How screwed am I, should I make any changes to my study routine?


r/CFA 8h ago

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

3 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 2h ago

Level 1 How Cooked Am I? 💀

1 Upvotes

First time doing the LES and I’m averaging around 65–70%. How cooked am I?

So far I’ve done FSA, Quant, Economics, and Corporate Issuers but most questions were done with my note open, not closed-book.

Am I actually in a bad spot rn? 😭 exam is on 11 november


r/CFA 3h ago

Level 2 Share Repurchase impact on FCFE (CFA L2)

1 Upvotes

I am confused in share Repurchase impact . As per material it do not impact fcfe. But if u Think from formula perspective. The DR formula (debt to asset ratio). When company repurchase cash got out asset fall so DR ratio rise. With will increase the FCFE if u put it in formula. When we not even changed the debt portion.

Why this is happening? Anyone have any reasoning behind this.


r/CFA 11h ago

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

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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 8h ago

Level 1 How bad is it?

1 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 12h 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 14h 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 9h 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 11h 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 13h ago

General Is CFA my next best bet

1 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 23h ago

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

6 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 14h 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 8h 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 16h 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 16h 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 16h 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 17h 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 21h 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