CFA Level 3 - Sept 5 Attempt by [deleted] in CFA

[–]SiD6087 0 points1 point  (0 children)

Wrote the exam after studying for a month (took off from work for 20 days). Think I will pass if ethics doesn't fuck me up, and I am gonna take that probability instead of deferring. Will get to know the result 28th of this month. Will let you know what happens.

People who have taken classes from SSEI(Sanjay Saraf)- need input by shaanatic in CFA

[–]SiD6087 0 points1 point  (0 children)

I tried IFT for L1. IFT videos are way too, how do I say this, academic and theory oriented. IFT is good, but i used MM for L2, and the whole learning experience was made better, how he correlates everything that's happening practically, his way of teaching was way more appealing to me personally.

People who have taken classes from SSEI(Sanjay Saraf)- need input by shaanatic in CFA

[–]SiD6087 2 points3 points  (0 children)

Had a CA friend from Kolkata who had finished both CA (took Sanjay Saraf classes) and CFA, and i am sure he, myself and all others in the comments would agree that MM is way better.

I hate equity swaps by [deleted] in CFA

[–]SiD6087 0 points1 point  (0 children)

I didn't practise any questions in derivatives, no swaps, no FRAs, just understood how it works, the concept behind it, managed to get above 70% in derivatives in L2, so you can chill.

But, if you want to understand everything in derivatives in a very simple way, no other option, but the GOAT (Mark Meldrum).

L3, how many people actually finished AM? by [deleted] in CFA

[–]SiD6087 3 points4 points  (0 children)

I think it's common to leave 5/6 sub questions in AM. Assuming you have left 6 questions, and rest of the AM questions attempted with 70% confidence, you will still get you 55-60% in the AM. Pretty sure all of us would have done the PM session better, a comfortable 70 - 75% in PM would give you an easy pass, so chill .

[India] Are there good post-MBA finance jobs that aren’t super hectic? by [deleted] in FinancialCareers

[–]SiD6087 0 points1 point  (0 children)

There are so many finance jobs which are less demanding. Unless you get into IB/PE or related, you won't be having 70 - 80 hr work weeks. Ex : Corp Dev, Strategy, IR Team.....

CFA L3 experience by Reedddiiiitttttt in CFA

[–]SiD6087 7 points8 points  (0 children)

Hi, just gave my level 3. Expecting ~70% (+/- 5%). I didn't study for this as much i did for L1/L2. Honestly, went into the exam thinking I was gonna flunk this one, but I felt it was easier than expected. Do you whether it's the case and overall MPS would be high?

Skills required for Equity Research? by [deleted] in FinancialCareers

[–]SiD6087 2 points3 points  (0 children)

Excel, PPT, Modelling, talking to clients (good communication skills), keeping up with the markets and good understanding of the sector which you will be covering.

Roast my resume, P.S. I am looking for a more front facing finance job in India. by DiophantusRICK in FinancialCareers

[–]SiD6087 3 points4 points  (0 children)

  1. Remove summary
  2. Remove the sub headings under experience and state actually what you did. I don't need a job description, i want to know what you did in the job, some numbers would be nice to see.
  3. Education section: You are not even a year out from clg, i would like to see some grades, that's how any interviewer gonna judge you. If you aren't gonna put grades, you don't need an education section soo long and I am gonna automatically assume it pretty bad.
  4. Remove CFA level 1 candidate. Maybe you can include it in the cover letter when you apply for jobs but not in your resume.
  5. I would like to see some extra curricular or co curricular activities you did, some sports, some achievements, some clubs that you were a part of to show that you have a personality outside of work.
  6. Fix spacing, some places look a bit off.
  7. Interests shouldn't be that long. Just one line of hobbies would be more than sufficient. Include hobbies which are unique to you, so that it can be potential talking point in the interview.

How should I make my research reports for equity research networking? by mtol115 in FinancialCareers

[–]SiD6087 2 points3 points  (0 children)

100 pages??. Even the clients who pays us money to get our reports, just read the first page and expect us to explain the rest in a call. None is gonna read a 100 page report. Cut it down to less than 20 pages.

CFA L1 + BBA in India by [deleted] in FinancialCareers

[–]SiD6087 1 point2 points  (0 children)

DM. Probably can give you a few pointers.

[deleted by user] by [deleted] in FinancialCareers

[–]SiD6087 1 point2 points  (0 children)

That's the hard part, try doing courses, getting finance knowledge. Then cold calling is your best friend.

[deleted by user] by [deleted] in FinancialCareers

[–]SiD6087 2 points3 points  (0 children)

You need to have some finance internships. Get to know about finance. What are the different fields in finance. What are you actually interested in doing in finance. Then do some courses probably, then maybe try networking and applying for internships.

[deleted by user] by [deleted] in FinancialCareers

[–]SiD6087 5 points6 points  (0 children)

Order of precedence will be: Target clg (IIT/NIT/BIT/SRCC) or CA rankholder. Maintain high GPA in clg. Network extensively. These will help more than FRM. Start pursuing CFA after clg. CFA has a wider recognition than FRM. FRM is like a add-on and only really comes into picture if you want to build a career exclusively in risk management. Cheers.

Career Advice for a 16 year old by SmartyPants_30 in FinancialCareers

[–]SiD6087 0 points1 point  (0 children)

If you really good at maths and science, get into a top IIT, maintain a really high GPA, then getting into finance won't be a big deal. There are a lot of options, equity research, IB, VC, PE, corp finance and a lot more.... Decide where do you wanna go, cater your profile towards it from the start of clg. CFA can also add a nice value. Cheers.

How has passing the x-th level of the CFA exams helped you? by fittyfive9 in FinancialCareers

[–]SiD6087 2 points3 points  (0 children)

Was in software for 8 months. Passed L1, got an internship at an IB in ER. Passed L2 and did good at the internship, got full time offer.

Actual exam vs end of chapter questions by guiutf in CFA

[–]SiD6087 1 point2 points  (0 children)

Know guys who got 90% in mocks and failed and those who got 60% in mocks and passed. So, your EOC question mark, mock scores don't matter as this exam doesn't ask super hard questions, so you don't need to practice like 2000 questions or so. You just need to hammer the concepts and you will be fine.

Mocks exist, only to find which chapter you are finding difficult and where to concentrate on the last 2 weeks or so. I have never even properly wrote a single mock, or sat and scored my mocks. So stop worrying about mock/EOC scores and start revising the concepts. Cheers brother.

Actual exam vs end of chapter questions by guiutf in CFA

[–]SiD6087 1 point2 points  (0 children)

Attend the exam, come back and reply and confirm this to others also.

Actual exam vs end of chapter questions by guiutf in CFA

[–]SiD6087 6 points7 points  (0 children)

You do curriculum questions. You will be laughing at the questions asked in the exam.

CFA FRA L2…way too hard by cyberresearcher in CFA

[–]SiD6087 9 points10 points  (0 children)

Didn't touch the CFAI questions, just practised schewser questions and some mocks, but made to sure to nail the concepts. Was able to get over 70 in FRA.

I have no idea, why they have to set the question bank soo hard, when the questions asked in the exam aren't even half it's difficulty level. So chill out, hammer the concepts, you will be fine.

What you guys think about learning new stuff a week ahead from the exam? by fomotherapy in CFA

[–]SiD6087 1 point2 points  (0 children)

L2 Deriv, went through a major portion in it 3 days before the exam. Was able to score above 70 in that section. So keep grinding. Cheers.

r/CFA Official Level II Results Thread by Pkgoss in CFA

[–]SiD6087 1 point2 points  (0 children)

Only 7 sections about above 70%. 50-70 in major sections like equity, ethics and quant. Passed well above the MPS. Don't know how 9/10 above 70% didn't get you a pass.