CFA without having studied Mathematics

If you can add / subtract / multiply / divide
and have half a brain.
you can handle the math on the CFA exams.
 
itera wrote:
If you can add / subtract / multiply / divide
and have half a brain.
you can handle the math on the CFA exams.
Click to expand...
+1
And to add to that - you’re from the UK, so if you were capable of passing your GCSE Maths exams then you will be just fine.
 
Basic algebra is all that is required. Accounting and equity analysis make up a huge part of curriculum. Not much math involved here.
 
knowledge of maths actually is not vip, but if you studied it in the past, it adds to understanding and speeds up coverage of relevant study sessions
though remembering/understanding how to differentiate is one thing that gives huge advantage in understanding option greeks in level II, otherwise you will have too learn the relationships.
and probability theory/statistics was extremely useful in level I quant staff. Again because otherwise it involves painful memorising.
Level II quant is more of econometrics stuff, which i studied before but didn’t remember a thing. But in the end it is again about memorising all those tests like DW.
If you take a big picture glance, quant in level II is only 5% and the time you sill spend on it is not nearly commensurate with the contribution to your overall score on the day of the exam.
 
Don’t know about L3 but Algebra 2 should be good enough for L1 and L2..
Knowledge of calculus might make it easier to interpret some concepts like duration, convexity, option greeks, etc.
 
You must log in or register to reply here.
Back
Top