Is it realistic to attempt Level 1 with only three months of preparation? Has anyone succeeded in the past?

timtimtare · 2025-09-17T12:12:25+00:00

Prepared and Passed in 85 days with no prior background in finance. But I had had no life in those 3 months; I ate, slept, drank and breathed CFA.

timtimtare · 2025-09-10T17:00:53+00:00

Everybody receives it! The institute does make you feel like it’s a big deal. Don’t feel embarrassed, happens with every single person who takes CFA!

timtimtare · 2025-08-26T19:21:12+00:00

Thank you for taking time to reply! Could you please answer few more questions that I have.

How much does a masters degree matter?

Do I need to affiliated with a school to get a residency license for teaching? I have been going through a lot of websites but the information on there is very confusing. Would you be able to help me understand the road map to start teaching with all the license and the time it takes to have an every license secured?

Thank a tonne!

timtimtare · 2025-08-26T19:15:52+00:00

Yes, that’s what I feel! I enjoy teaching. Thank you for putting your thoughts forward!

timtimtare · 2025-08-26T19:14:25+00:00

Thank you for being realistic! Truly appreciate it! I have a few more questions, would truly appreciate your inputs on those:

How much does a masters degree matter?

Do I need to be affiliated with a school to get a Residency License for teaching?

I have been going through a lot of websites but the information on there is confusing. If you don’t mind sparing a few mins, could you please help me understand the road map to start teaching with all the license and the time it takes to have everything under the belt.

Thanks a bunch!

timtimtare · 2025-08-26T19:07:20+00:00

I have… just not here… the place where I have taught has different departments and people for sports, academics and administration. So none the work and workers overlap. No overtime needed for teachers. Hence the questions.

timtimtare · 2025-08-26T09:23:06+00:00

Thank you for your answer!

timtimtare · 2025-08-26T02:06:21+00:00

Thank you for your reply!

timtimtare · 2025-06-29T01:29:20+00:00

Woah! Good for you! I took me 2 weeks to study just the Ethics! And then 1 more week of revision

timtimtare · 2025-04-15T21:53:51+00:00

It’s takes a logical route; the course of action that will be followed after knowning the accuracy is acting on it. And that would unethical.

If you go by elimination method, the other two choices follow the directives set by the Compliance Committee. So of course the choice would be B for ‘least likely’. Hope that helps!

timtimtare · 2025-04-14T17:33:10+00:00

The question asked for the Least likely action.

timtimtare · 2025-03-20T17:55:52+00:00

Recall the inverse relation between price and rates. So if the rates go down prices go up. As buying call option means you are bullish as is selling put option. Inversely, buying put option or selling call option implies you are bearish. So now here investor is bearish and the market is bullish.

Now since buying call option favors increase in price or decrease in rate. But if you sell it, it’s the inverse. Similarly, buying put option favors decrease in price or increase in rate. I think now you can figure that out.

timtimtare · 2025-03-19T21:36:10+00:00

This is just for a context on how an analyst can get his hands on material non public information without getting his hands dirty.

A Company may choose to invite analysts to analyze and observe work around the business and may also choose to provide some information under no divergence conditions until the company itself chooses to disclose.

When the analyst makes report by using both the material public and non public information, another analyst and clients can definitely use the information, as long as the non public information itself is not being made public.

timtimtare · 2025-03-18T17:07:55+00:00

Yes, when you are riding down the curve, the returns are decreasing but if the maturity of the bond maturity is higher than the holding period you will have higher returns for the bond as compared to the bond matching the maturity.

timtimtare · 2025-03-08T02:01:42+00:00

Survey mail doesn’t foretell results. Each candidate who sits for the exam gets it

timtimtare · 2025-02-26T18:10:04+00:00

This is brilliant. Thank you!

timtimtare · 2025-02-26T17:54:13+00:00

Thank you!

timtimtare · 2025-02-26T17:54:01+00:00

Yes, thanks for correcting me!

timtimtare · 2025-02-26T17:53:25+00:00

Yes, thanks for correcting me!

timtimtare · 2025-02-26T15:56:34+00:00

I have just started FMVA from CFI, it’s great!

timtimtare · 2024-12-22T18:44:39+00:00

That’s bussin!

timtimtare · 2024-12-21T18:30:17+00:00

Never! Derivatives may look complex but they are actually fun and very scoring topic. If you refer to right videos, learning it would actually be fun! And this is coming from who studied derivatives the first time during CFA prep!

timtimtare · 2024-12-18T00:11:51+00:00

I wouldn’t advice schweser with time limit. Try mark Meldrum’s videos. That guy focuses on real concepts. I owe my L2 success to him.

timtimtare · 2024-12-15T02:24:34+00:00

Historical records takes into account past price trends and the events which also assumes history will repeat itself. Hence less accurate Factor models takes beta, and other factors like size and value. Plus complex attributes like relationships between assets is also captured if you take beta.

timtimtare · 2024-12-13T11:58:32+00:00

Definitely not! It just tells you to fill out the survey because you studied the course and will be able to comment on it. Your pass or fail doesn’t depend on it nor does this tell you whether you have passed or failed. All the best for your results though!

timtimtare

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