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Arif Irfanullah, CFA

Arif Irfanullah, CFA

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Level III Study Advice – March 2019

With less than 3 months left for the exam it is crunch time.   Spend as much time as possible studying and make your study time as productive as possible.  Here are some do and don’ts: With every reading focus on the main points; do not get hung up on the details. Our lectures help you do that.  (If you try to understand the depth of every single point you’ll not have time to practice… which is suicide.) Understand the curriculum examples… especially the ones which are relatively short and focused. I hope our videos are helping you with that. Practice… Read More

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Level II Study Advice – March 2019

With less than 3 months left for the exam it is crunch time.   Spend as much time as possible studying and make your study time as productive as possible.  Here are some do’s and don’ts: With every reading focus on the main points; do not get hung up on the details. Our lectures help you do that.  (If you try to understand the depth of every single point you’ll not have time to practice… which is suicide.) Understand the curriculum examples… especially the ones which are relatively short and focused.  Some examples seem to go on and on.  At this… Read More

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Level I Study Advice – March 2019

With less than 3 months left for the exam it is crunch time.   Spend as much time as possible studying and make your study time as productive as possible.  Here are some do’s and don’ts: With every reading focus on the main points; do not get hung up on the details. Our lectures help you do that.  (If you try to understand the depth of every single point you’ll not have time to practice… which is suicide.) Understand the curriculum examples… especially the ones which are relatively short and focused.  Some examples seem to go on and on.  At this… Read More

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Format Changes to 2019 Level III CFA Program Exam

If you are registered for the 2019 Level III exam, you must have received an email from CFA Institute about changes to the item-set format starting June 2019. Here are some key points to note about the change: There is no change to the length of the exams. You will still have AM and PM sessions of 3 hours each. There is no change to the AM essay exam session. This change is only applicable to the PM session. There is no change to the total number of MCQs. The PM session still has a total of 60 MCQs. There… Read More

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Format Changes to 2019 Level II CFA Program Exam

If you are registered for the 2019 Level II exam, you must have received an email from CFA Institute about changes to the item-set format starting June 2019. Here are some key points to note about the change: There is no change to the length of the exams. You will still have AM and PM sessions of 3 hours each. There is no change to the total number of MCQs. Both AM and PM sessions still have a total of 60 MCQs each. There is no change to the points per questions. Each question is still worth 3 points. There… Read More

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Incoming: Level I December 2018 Results

Dear December 2018 Level I Candidates, The moment of truth has come.  I’m sure you have been anxiously waiting for your Level I result.  You will experience the agony of failure or the thrill of victory. Read my advice on how to interpret your results and what to do next. If you pass If you fail Best regards, Arif Irfanullah, CFA

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Advice to Those Who Pass the December Level I Exam

Dear December Level I Candidates, The moment of truth has come. If you have cleared the exam, this is indeed a milestone. If you are interested in my thoughts on what to do next read on. I passed the exam.  What next? About this time every year, I get the same question from successful Level I candidates: should I take the Level II exam in June this year? As with so many other situations in life, the answer is: it depends.  Specifically, I’d suggest you go for the Level II exam in the coming June only if both the following… Read More

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Advice To Those Who Don’t Pass the Level I Exam

Dear December Level I Candidates, If you have failed the exam; always remember failure is not fatal. If you are interested in my thoughts on what to do next please read on. I did not make it. What next? For those who do not pass the Level I exam, the typical advice is to keep trying; however, I suggest a more thoughtful approach.  Put the result on the side for a moment and ask yourself whether you really enjoyed the subject matter?  Do a post-audit on why you did not make it.  Was it because you did not have enough… Read More

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I just took the Level I exam. Should I start preparing for Level II?

If you recently took the Level I exam in December, and are reasonably confident that you’ll pass, and want to take the Level II exam in June, this blog is for you. Let’s start with a quick Level II introduction. The ten topics are the same as Level I, but the weights are different. Ethics: 10 – 15%, Quant: 5 – 10%, Econ: 5 – 10%, CF: 5 – 10%, FRA: 10 – 15%, Equity: 10 – 15%, Alt: 5 – 10%, FI: 10 – 15%, Der: 5 – 10%, PM: 5 – 15%. At Level I, you were tested… Read More

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