Biggest weight on Level I

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cbotnyse

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Forgive me if this has been discussed, but what is the biggest weight on the exam? The CFA site says Financial Statement Analysis. Would everyone agree with that?

I am still going over the materials and deciding wheather or not to take the December exam. Would hitting that part of the material hard be a good way to gauge my readiness?



Edited 1 time(s). Last edit at Wednesday, June 13, 2007 at 01:44PM by cbotnyse.
 
http://www.cfainstitute.org/cfaprog/courseofstudy/topicareaweights.html

This will detail it for you.
 
yes I saw that, I was hoping to get some input from someone who took the exam to confirm that.
 
They even breakdown the major sections for you on the exam. You go in order on the test...ethics, quant, econ, FSA/CF, Asset Valuation (includes equity, fixed, derviatives, alt) and Portfolio Management.
 
cbotnyse Wrote:
>
> I am still going over the materials and deciding
> wheather or not to take the December exam. Would
> hitting that part of the material hard be a good
> way to gauge my readiness?

You have plenty of time to prepare for the December exam. If, however, you continue to waver like you seem to be then you will never be ready!
 
mwvt9 Wrote:
-------------------------------------------------------
> They even breakdown the major sections for you on
> the exam. You go in order on the test...ethics,
> quant, econ, FSA/CF, Asset Valuation (includes
> equity, fixed, derviatives, alt) and Portfolio
> Management.



wow...really...that surprises me for some reason.

TY for sharing that!
 
just wondering how much attention to pay to economics. it really is one of the least discussed topics on AF (along with AI). and everyone from Jun seems to have aced AI -pleasantly surprising.
 
thanks for input guys and yes plyon, I am waivering...I need to step it up!
 
Truth is you basically have to know *EVERYTHING* because you cannot know beforehand what bias the exam. But you have plenty of time if you start NOW.
 
^ You can't possibly know EVERYTHING, but I get your point. I mean, you have to study some sections more intensely (like FSA) than other sections (PM). I have a couple of colleagues who passed L1 by intensively studying ethics, quant, FSA/CF, Asset Valuation (includes equity, fixed, derviatives, alt). They passed without really studying PM, Econ, and Derivatives. I'm not saying do the same thing...,what I'm saying is that you can only study ethics, quant, FSA/CF, Asset Valuation and pass, while others who intensively study EVERYTHING failed! Go figure.
 
Try to learn everything to the best of your ability. The LII material builds directly from LI and you'll value the hard work you put in the first time around. The curriculum at LII, including economics, becomes substantially more complex and international in nature.
Ensure you understand Interest-Rate Parity and Relative PPP at LI, which will help you grasp Uncovered Interest-Rate Parity and the International Fisher Relation at LII, on top of subjects like triangular currency arbitrage, real exchange rates, and the list goes on...
Be cognizant of exam weights, but I'll wager that you'll pay dearly at LI and beyond for neglecting any LOS outright.
As a December candidate, your mastery of the LI material is particularly crucial, because if you're among the 30-40% of your peers to receive good news next January, you've only got about 4 months to prepare for LII. You've got a long and grueling year ahead, so be sure to really enjoy December 3rd to approx. January 17th, good luck this December! Just my $0.02.
 
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