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Advice for those who passed the Level I exam

Congratulations!   Passing the Level I exam is the first major milestone on your journey towards the CFA charter and is a major accomplishment. At this stage, you might be wondering whether to take the Level II exam in June next year and if so, when to start studying? Whether or not to take the Level II exam in June 2020 should depend on the following: Did you enjoy the Level I material and are you still excited about pursuing a career in investment management? Given your personal and professional commitments, will you have enough time to study for the… Read More

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Advice for those who failed the Level I exam

If you failed the Level I exam it is natural to feel disappointed, but you must put this temporary set-back behind you and move on.   Failure was never meant to be a signal to turn back, but instead an obstacle that the stronger and wiser use to boost themselves up and attain greater heights. Your recent failure might cause you to wonder whether or not to continue with the CFA Program, and if so, when to re-take the exam. Let us consider the first question: whether to continue with the CFA Program or not. For those who did not… Read More

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Advice for those who passed the Level II exam

To begin, I would like to congratulate you. You have passed the Level II exam, a significant accomplishment.   Now, however, your next major target should be to clear the Level III exam. Unless there are compelling reasons otherwise, I’d recommend that you take the Level III exam in June 2020. You have a rhythm going, the Level II material is relatively fresh, so why wait? Now let us talk a little about Level III. There is a common perception that Level II is the hardest of all three exams, and so things get a little easier with Level III…. Read More

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Advice for those who failed the Level II exam

If you failed the Level II exam your natural response is probably to feel disappointed. You might even be wondering whether or not you should continue with the CFA Program.   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: did I really enjoy the subject matter? Try doing a post-audit on why you did not pass. Was it because you did not have enough time to prepare for the exam? Or did you have a very hard time understanding the concepts? Is… Read More

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