Hello All, I am new to this forum... Kindly suggest me some good coachings in Delhi for CFA Level Two..I have recently cleared Level One but for that i relied on self study...since this time I have ample time..I am thinking of taking up coaching... Kindly reply Thanks
See as you progress in your CFA journey, the need for coaching will go on decreasing. That's why you will see there is not a single center offering coaching for Level 3. People flock to coaching institutes after enrolling for level 1 because they have very little idea about the course and are not sure about the whole business. I personally have interacted with many people and they say coaching wasn't fructifying. If you are good enough for clearing Level 1, irrespective of your educational background, you should be good enough for 2nd level. It's about taking the momentum forward.
Should you still feel the need for coaching--> google ace3levels,finguru,pristine careers.
The goal of the Candidate Body of Knowledge (CBOK) and the assigned CFA curriculum readings is to educate candidates on topics of importance to the investment profession. You will gain a better understanding of a topic by reading the curriculum materials rather than by reading a summary of the reading. By reading only a summary, you risk missing key points and compromise your ability to synthesize concepts with other material.
Prep Courses
Many candidates feel that they can reduce the amount of time required to successfully complete the CFA Program by using preparatory notes or courses. But when you use a prep course or prep notes at the exclusion of the original readings, you are relying on the prep provider to accurately summarize the salient points.
Unaudited Pass Rates
Do not rely on unaudited published pass rates when choosing a prep course. It seems that each prep course trumpets pass rates well in excess of the worldwide averages. Some prep providers even advertise pass rates in the high 80% and low 90% range. The majority of candidates take prep courses, and the worldwide pass rates were 42%, 47%, and 68% for Levels I, II, and III, respectively. So it seems rather odd that all these prep courses are advertising such high success rates.
Find out more about prep courses.
Time Spent Studying
Success on the CFA exams is not merely achieved by committing the requisite hours. Education experts agree that more learning takes place when the individual spreads the study out over several sessions - in other words, most people learn more from six two-hour sessions than one 12-hour session. CFA candidates should structure their study so that their time is employed most effectively. The CFA Program curriculum is organized into 18 study sessions at each level.
You will need to devote a minimum of 1520 hours per week for 18 weeks to studying the assigned readings. Allow a minimum of one week for each study session spread over several days, with completion scheduled for at least 30-45 days prior to the exam. This schedule will allow you to spend the final four to six weeks before the exam reviewing the assigned material and taking multiple online sample exams. Successful candidates report spending an average of about 300 hours reading and studying the curriculum, plus 46 weeks reviewing and taking online sample and mock exams. This recommendation, however, may substantially underestimate the hours needed for appropriate exam preparation depending on individual circumstances and academic background.
Review Month
Maintaining this schedule will allow the candidate four to six weeks to review all of the material and to focus on those areas where the candidate was weakest. The month of review is most critical - one shouldn't schedule a study plan that has no time for review at the end of the process. Before reading an assigned reading, review the reading-specific Learning Outcome Statements (LOS). Every question you encounter on the exam will be based on one or more LOS. In addition, the absence of a LOS on a particular topic points you away from topics that won't be the subject of exam questions. After reading the assigned reading, review the LOS and determine whether you can accomplish the action specified. The LOS are your best guide for study. The CFA Program is progressive in that material at Level II builds on material presented at Level I, and material at Level III builds on material presented at Level II. So, many of the investment tools you learn at Level I will be building blocks for the material at Levels II and III.
While most candidates recognize the progressivity of the content, some fail to recognize the progressivity of the cognitive level expected on each exam. At Level I, candidates are asked basic knowledge and comprehension questions and are asked to perform some analysis. At Level II, the focus is on analysis and application; at Level III, the focus is on synthesis and integration. This means that CFA candidates should change their learning focus as they matriculate through the program. The questions at Levels II and III require higher-order thinking than the questions at Level I. The best example of a different cognitive level on each exam is in the area of ethical and professional standards. The ethics curriculum - the Standards of Practice Handbook - is identical at each level.
However, the type of questions candidates are asked differs depending upon the level of the exam. Typically, candidates are asked if they know the standards at Level I, if they can apply the standards to situations analysts face at Level II, and if they can apply the standards in a portfolio management and compliance context at Level III.
Something in me tells me that CFAI prepares anti schweser/stalla question papers for the exam...If I remember correctly L2 June 09 paper shocked almost everybody by incorporating questions on topics that were just mentioned in passing in the curriculum books. Study notes providers ignored such topics altogether.
Hey.. Thanks for replyin I am MBA Finance/..recently completed it...and now I am totally free..as I ll be joining job in June. So I was thinking that at least tution will keep me continuous with studies..and a bit responsive.
Kindly suggest me some good coaching centers in Delhi
Hey.. Thanks for replyin I am MBA Finance/..recently completed it...and now I am totally free..as I ll be joining job in June. So I was thinking that at least tution will keep me continuous with studies..and a bit responsive.
Kindly suggest me some good coaching centers in Delhi
As I mentioned in my last post, Ace3levels,finguru and pristine careers provide coaching in Delhi..You can google these names and find their contact details. I believe all of them are starting L2 batches in the second week of Feb.
Something in me tells me that CFAI prepares anti schweser/stalla question papers for the exam...If I remember correctly L2 June 09 paper shocked almost everybody by incorporating questions on topics that were just mentioned in passing in the curriculum books. Study notes providers ignored such topics altogether.
Comments, Puys?
If that is the case, we need to concentrate on CFAI material too. Depending on schwesers wont be enough. Although CFAI would not necessarily prepare ANTI SCHWESERS question papers, but even I found that in Level 1, many topics were just mentioned in schwesers which were explained in great length in CFAI textbooks. But still, Thanks for mentioning this. I wont take any chances and go through CFAI text also.
As you may know, the Delhi High Court has given us provisional permission to register candidates for the CFA exam in India on Sunday, 06 June 2010. This means that you may request a change to a test center in India.
However, the court could reverse this provisional decision and require us to cancel the exams in India. In the event of a cancellation, candidates registered for an India test center will have three options:
1) Receive a refund of applicable CFA Program fees. 2) Defer registration to a future exam date outside of India. 3) Request a test center outside of India for the June 2010 CFA exam.
If you are considering a request to change to an India test center, we urge you to be aware of the risks, and to carefully consider the uncertainty of the situation. All test centers have limited seats, and test center change requests are granted on a first-come, first-served basis. This means that if you request a test center change, your requested test center may not be available if it is already at capacity.
We wish to remind you that we were unable to administer the December 2009 Level I CFA exam in Kathmandu as a result of unrest. The risk of unrest continues, and we urge June 2010 CFA candidates to plan to sit for the June 2010 exam at a test center other than Kathmandu if possible.
If you would like to request a test center change, please visit our website.
We will post any updates to CFA Institute in India. If you have any questions, please do not hesitate to contact us at Contact Us.
