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Odepius

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Hello Everyone

Now that the exam is over, you guys can relax. But, i am struggling for the Dec 06 exam (L1).

Can you guys make some recommendations regarding studying material, exam prep, practice exams, etc.

I am thinking of getting some of stalla practice exams, any recommendations?

THANKS ALL.

Hope most people past their exams.

Odepius
 
ah N/M



Edited 1 time(s). Last edit at Monday, June 12, 2006 at 03:39PM by CFAHouston.
 
So, any recommendations? Stalla, Schwester, Allen Resources, etc.

Which practice exam is close to the real deal?


Thanks

Odepius
 
None...they all help u with the subject matter...there is no way u can prepare for the type of questions that CFAI throws at you...all u can do is practice, practice and practice more till you are brain dead.
 
schweser is popular
i had a bsba in finance and i think it prepared me well
just understand concepts and relationships
 
I liked Schweser.

Order atleast pro or book 7. Questions maybe be hard but does prepare you for real things by practice.
 
First off.. you need to STOP stressing out soo much.. at this rate.. you will be a wreck come december..

you have 5 months.. set up a study plan.. and STICK TO IT!! make sure you give yourself enough time to cover material that you may struggle with.. but with a finance background.. most of the material you should have seen already..

Make sure you leave yourself at least 3 weeks to a month to pound through practice questions...

If you've been out of school for a while and your current job doesn't really relate the CFA Curiculum.. then go with Stalla...

But I would highly recommend Schweser.. about 95% or more of the material on the exam will be covered in Schweser and it will be quicker to get through leaving you enough time to go through all their and other practice exams..

GOOD LUCK.. STOP STRESSING!!! its like 5 months away!
 
Buy CFA text for ethics - Schweser for evything else.

I bought the CFA materail and found it slow going so I ordered Schweser including Book 7,
and the online access.

The book were great but I found the Schweser online a bit of a waste since the question bank contained a lot of duplicate questions. I wish I had had a better questions bank.

I don't know if I passed yet- but Schweser seemed to cover everything in the exam pretty well. The only thing I think they did a sub-par job on was regression and the last section of Quant.
 
CFA Text for ethics is free on the CFA website for download

*edit*
And if I read everything correctly it looks like we only need to know about through page 114 (or at least 11x... don't remember the exact page).

Anyone tell me if I'm correct on this one?

Personally I'm using Stalla as I've got 3 friends who took L1 last summer with the same degree I have and passed getting 70%+ on most sections (or however it is they let you know how you did... I think that's the right way)



Edited 1 time(s). Last edit at Monday, June 12, 2006 at 06:05PM by mkgref.
 
dret Wrote:
-------------------------------------------------------
> First off.. you need to STOP stressing out soo
> much.. at this rate.. you will be a wreck come
> december..
>
> you have 5 months.. set up a study plan.. and
> STICK TO IT!! make sure you give yourself enough
> time to cover material that you may struggle
> with.. but with a finance background.. most of the
> material you should have seen already..
>
> Make sure you leave yourself at least 3 weeks to a
> month to pound through practice questions...
>
> If you've been out of school for a while and your
> current job doesn't really relate the CFA
> Curiculum.. then go with Stalla...
>
> But I would highly recommend Schweser.. about 95%
> or more of the material on the exam will be
> covered in Schweser and it will be quicker to get
> through leaving you enough time to go through all
> their and other practice exams..
>
> GOOD LUCK.. STOP STRESSING!!! its like 5 months
> away!


dret, why would you recommend stalla if I've been out of school for while? That defintely applies to me, well, mainly the fact that my job doesn't use much at all from the curriculum.
 
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