tag:blogger.com,1999:blog-56120248104344135632026-09-06T21:47:11.773-07:00A blog about the CFA exams, CFA Certification, CFA examination experiences sharing, etc. THIS BLOG SELLS NO PRODUCTSSM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.comBlogger59125tag:blogger.com,1999:blog-5612024810434413563.post-50366512077141429672026-05-31T07:36:48.041-07:002026-05-31T07:36:48.041-07:00

Now that you have finished studying Quantitative methods for CFA Level 1, you need to spend a session to review important areas. It could be an additional day or extra time depending on you time availability. Global Formula & Concept Review Quick tour of all Quant LOSTime Value of Money (TVM): discounting/compounding, annuities, perpetuities, NPV/IRR.Descriptive statistics: mean/

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-38806974278679484072026-05-28T12:33:49.544-07:002026-06-11T15:51:20.562-07:00

 Goal: Today's goal  is to turn Day 10–11 concepts into automatic exam‑style problem solving across all the testing aspects covered so far, like mean, variance, CI, p‑value/critical value, Type I/II, etc. Make it a day for mixed concept drill Make a single sheet that forces you to recall definitions and decision rules From Day 10: null vs alternative, one‑ vs two‑tailed,

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-72468875069857721512026-05-26T13:04:44.553-07:002026-05-26T13:04:44.554-07:00

This is a study plan, not official CFA Institute curriculum material. Use it to guide your preparation, then rely on your CFA notes, curriculum, or question bank for the actual readings and practice questions.Day 11 builds on yesterday's hypothesis testing foundations by connecting test statistics to confidence intervals and working through full hypothesis test examples. Today you'll move from

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-61237061866972876092026-05-23T10:31:55.365-07:002026-05-23T10:31:55.366-07:00

 Here are some study resources for CFA Level 1 Hypotheses testing. The CFA official material is the best way to prepare for any paper. These resources help in refining and revising concepts.Hypothesis Testing | CFA Level 1 - AnalystPrephttps://youtu.be/qwiEHnEXmz8?si=K_Bh6oD1PLDbUvYJhttps://youtu.be/iz1sfne1cNA?si=rnYJPVJEu7Z1atMXCFA Level 1 Quantitative Methods Cheat Sheet 2026Hypothesis

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-34894260474964950732026-05-23T10:18:53.959-07:002026-05-23T10:18:53.959-07:00

Today’s CFA Level I study focuses on hypothesis testing.  Today’s goal is to understand how analysts use sample evidence to make careful decisions without overstating certainty. Understand the basic structure of a hypothesis test: null hypothesis, alternative hypothesis, test statistic, significance level, p-value, and decision rule. The focus should be on interpretation first, then

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-42027580430245591082026-05-23T09:33:06.410-07:002026-05-23T09:33:06.411-07:00

 CLT means Central Limit Theorem.  It says that if you take many random samples from a population and calculate the mean of each sample, the distribution of those sample means will become approximately normal as the sample size gets larger, even if the original population is not normal.  In simple CFA terms:  Population distribution: The original data may be

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-86802182928287814082026-05-23T09:03:04.296-07:002026-05-23T09:03:04.297-07:00

Today is about probability distributions and sampling—two ideas that show up everywhere in Quant (and later in Fixed Income and Portfolio concepts). Disclaimer - This is a study plan and practice guide, not official CFA Institute curriculum material. Checklist before Studying Workspace: one clean page for formulas + one for “common traps.” Calculator check: clear TVM registers

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-63067655703546192862026-05-21T10:21:33.661-07:002026-05-21T10:21:33.662-07:00

Today is a study plan (not official CFA Institute curriculum material) to help you learn probability basics in a practical, test-ready way. Checklist Workspace: Clear your desk; keep only your notes, formula sheet/flashcards, and calculator. Materials: 1 notebook page titled “Probability – Rules + Common Traps.” Calculator: Set your standard defaults (keep this consistent

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-5067891086220997852026-05-20T10:41:48.953-07:002026-05-20T10:41:48.953-07:00

 Day 7 continues the Quantitative Methods block. After working on descriptive statistics, today’s focus is probability: how to think about uncertainty, possible outcomes, and expected results. This is a study-plan blog post, not official CFA curriculum material. Use it to organize your preparation, then rely on your CFA materials, notes, or question bank for the actual readings and practice

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-29140475731650229342026-05-20T00:23:35.615-07:002026-05-20T00:23:35.615-07:00

 Day 6 - Level 1 CFA in 90 DaysDay 6 begins a new Quantitative Methods block. After several days of time value of money, today shifts into descriptive statistics: how data is summarized, interpreted, and compared. The Quant questions cover mean, weighted mean, geometric mean, variance, standard deviation, coefficient of variation, skewness, and kurtosis. This is a study-plan blog post,

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-22948697272263706642026-05-18T02:33:46.619-07:002026-05-18T02:33:46.619-07:00

Day 5 of the CFA Level I study plan is focused on rates, compounding, and mixed time value of money practice. The goal today is not to memorize more formulas. The goal is to learn how to identify the problem type before touching the calculator. You have already worked through present value, future value, annuities, and cash-flow timing. Today, the focus is on rates, compounding, discounting,

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-36127311166160901512026-05-17T00:19:17.804-07:002026-05-17T00:19:17.805-07:00

 Other than the CFA Institute official study material, there are online resources which can be used to clear concepts, even for non CFA aspirants.Check out formulas, examples, questions, study material resources online here.Annuity Example Question | CFA Level 1 - AnalystprepCheck out calculators use for annuity due calculations(BGN) Annuity Due Calculations Using BA II PlusSome multiple

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-37643304795864405632026-05-17T00:07:29.234-07:002026-05-17T00:08:06.007-07:00

Day 4 is about learning how money moves across time. Yesterday’s work built the foundation for time value of money. Day 4 of the CFA Level I study plan is focused on annuities and cash-flow timing. This is one of those Quant areas where the math is not always the hardest part. The real challenge is knowing when each cash flow happens. Today, the goal is to make cash-flow timing feel less

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-76204271561655580912026-05-16T09:06:00.210-07:002026-05-16T09:06:00.214-07:00

 As you are preparing for CFA Level 1, TVM is one of the first things you come across. From my CFA study plan, TVM is the Day 3 preparation. Please check out these resources on TVM as you go through CFA Level 1 preparation.The best plan for preparing for CFA Level 1 is to follow the study material and answer the questions from the book. These resources are supplementary for further

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-72378627680203244942026-05-16T08:57:33.259-07:002026-05-16T08:57:33.260-07:00

 You are now 3 days into your CFA Level 1 preparation.You’re building your August 2026 CFA Level I study rhythm one focused day at a time. This post is a practical study plan (not official CFA Institute curriculum material), designed to help you master Time Value of Money basics with clean calculator work and a practice schedule.Take 10 minutes to get things together and prepare a checklist

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-71688741571419243252026-05-15T06:09:22.162-07:002026-05-16T08:58:21.031-07:00

 CFA Level 1 preparation includes thoroughly reviewing the provided study material and completing end-of-chapter questions. However, there are sample question papers available online that give an idea of the questions. Check out this free CFA Level 1 quant sample paper and comment if it is useful. The papers are available in public domain and this blog does not verify or ratify their

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-8879225722348830132026-05-15T05:59:31.035-07:002026-05-15T05:59:31.035-07:00

 Day 2 - Build the CFA Level I Study System Before You Study Harder   DAy 2 is about understanding more about the exam. I guess you have already registered for the August Exam if you are looking at this. Work Smarter - And Harder CFA is about both working smart and hard within a limited timeline. Please comment with your daily study timeline.Before starting preparation, set out a

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-73318646931271679502026-05-14T02:27:27.289-07:002026-05-14T02:27:27.289-07:00

The  CFA Institute website provides free CFA Level 1 sample questions. Follow the link to get the questions.CFA® Program Level I Sample Questions | CFA InstituteThe free sample questions are a good way to understand the CFA exam format and familiarise oneself with the curriculum. Preparing for CFA needs around 300 hours of  preparation, so the sample questions are a good way to

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-2640221858323729272026-05-14T00:46:12.093-07:002026-05-16T23:50:42.210-07:00

CFA Level 1 90 Days JourneySuppose you are starting your CFA Level 1 prep today for August. The right way would be to use the information accumulated from years of CFA prep stories. August exams is approximately 90 Days away. Here is how to start the prep journey.Very ImportantChoose the right starting topicEvidence‑based study orders for CFA Level 1 recommend starting with Quantitative

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-38242931004689212712026-04-23T22:23:39.190-07:002026-04-23T22:23:53.400-07:00

So, you’ve decided to sit for the CFA Level 1. Whether you’re a finance veteran or a career-switcher, you’re now facing the mountain of knowledge. With over 3,000 pages of curriculum and a pass rate that historically hovers around 40-45%, this isn't an exam you can "cram" for over a long weekend.To help you navigate the 2026 landscape, we’ve broken down the dos and don'ts strategy that will help

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-28066214139378517512020-05-12T11:29:00.001-07:002020-05-12T11:29:56.602-07:00

Now that you are #WFH and have maybe got some space to prepare for CFA, (though thats doubful with the spate of zoom webinars), here are some hints that may help your with your CFA prep. Hint # 1 - Read the syllabus thoroughly. Yes thats an obvious nobrainer. But, really, how many of you do that? CFA exams in my experience sticks doggedly to its syllabus. Hint # 2 - Concentrate on Ethics. Its

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com1tag:blogger.com,1999:blog-5612024810434413563.post-68608406058863571342020-03-29T07:58:00.001-07:002020-03-29T07:58:47.845-07:00

The CFA Institute website has nade an announcement to the effect that it will postpone the CFA exams to be held in June 2020. So far the exams date has been set on 6th June and for 7th June for Asia Pacific. However the CFA organization has stated that in view of the uncertainty over Corona Virus, it is mulling over changing the exams dates. It advises the candidates to have patience and will

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com1tag:blogger.com,1999:blog-5612024810434413563.post-1079623044135474762016-04-11T08:47:00.000-07:002016-04-12T07:03:57.885-07:00

1 . Time Value of Money – when you start preparing for CFA Level 1, it is more than likely that you are aware of the Time Value of Money Concepts. So what else is new? Don’t get persuaded by the easy sound to it. You need to understand the various kinds of yields and which is to be applied where in these calculations. And do note and remember these yields well. You are going to need them

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com0tag:blogger.com,1999:blog-5612024810434413563.post-25275156844624023512014-02-20T02:00:00.000-08:002020-05-14T03:32:00.168-07:00

Here is a link to the comprehensive study session outlines from the CFA curriculum. See the study session outline details, weightage for every topic, number of study sessions in each of the ten CFA topics, the readings or chapters in each Study Session and plan accordingly. The Level 2 curriculum for 2014 is slightly changed from the Level 2 curriculum for 2013. Download the Study sessions and

SM Rhttp://www.blogger.com/profile/08556937640019552141noreply@blogger.com3tag:blogger.com,1999:blog-5612024810434413563.post-83221886409764837332013-07-31T04:06:00.002-07:002013-07-31T04:06:50.259-07:00

The CFAI keeps changing the curriculum at regular intervals to keep the material uptodate. Thats why it is such a coveted course and the people who clear the exams so well respected. Here is the CFA curriculum change for 2013 - 2014 as found at the Elan Guides website. Go to the link to get the CFA LOS change for 2013 - 2014 for level 1, level 2 and level 3. http://www.elansguides.com/docs/

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