what book is this?? anyways, if you ARE buying textbooks, it is better to stick to the recommended list....it`s safer to do that. Havnt gone thru needles and powers yet, wont be going thru this book of yours either...so no comments Try not to worry too much about derivation of formulae etc at this stage....just try to gobble as much content as you can. i know this is against the spirit of the exam, but what to do...no time! For a good explanation of time value of money and discounted cash flow applications,try referring to DeFusco's quantitative methods wala book...quite a gem. i`d have loved to go thru it over and over in detail...but had to skip a lot of content for lack of time. in case you`re an engineer or a math/science grad, quant is gonna be a breeze...accounting is gonna be a nightmare.
Anybody knows any economically feasible coaching classes for CFA in mumbai? I enquired at the stalla office here in mumbai. they offer about 60 hours of tuition classes for level 1. it includes study notes, cd, etc etc too. Cost...36K!!! :wow:
For the last freekin time: ANYBODY OUT THERE INTERESTED IN AN L1 STUDY GROUP IN MUMBAI??
Hi there...well wht i can say is i will be joining a mumbai b-school from july 20th...so i can be a part of ur group then...when r u taking ur L-1
Hi there...well wht i can say is i will be joining a mumbai b-school from july 20th...so i can be a part of ur group then...when r u taking ur L-1
i`m taking my L1 in june this year, but i`m pretty sure i`ll need an L1 study group after that too, for the decmber exam cya in july! Which b school are you joining here?
i`m taking my L1 in june this year, but i`m pretty sure i`ll need an L1 study group after that too, for the decmber exam cya in july! Which b school are you joining here?
well i m sure u wont need it but perhaps i might need ur consultation...me joining IITB SJMSOM
does ny1 hav an idea as to at wat time in december do d cfa xams take place , i mean 1st week or 2nd or 3rd week cfa insti must b havin sum criteria bout dis .plz sum1 replyyyyyy
well, Vishal this year cfa level 1 xam is on 3rd dec.and u can take it at mumbai only. i am also in delhi and will take L 1 in dec. So if u plan to take it do let me know. seems i am the only1 from delhi to appear for dec xams
Hi Myself Kawal , have been following this thread since feb. I am into CA final(currently working as article) and will have my final exams in MAY'08, but before that interested to clear CFA L1 and L2 . I will be giving L1 in dec'06 and also have also took permission from CA institute for the same. I am putting up Delhi and those of you in Delhi, who would like to share your study material etc please let me know. I am ready to incurr the costs involved. Also I will be visiting Mumbai by the end of this, if anyone is having CFA institute books, please tell me I will get them photocopied plz mail the financial terms at:
or just PM me
I m eagerly awaiting to hear from you people Now hello to all Delhi friends Phoenix 4m Ashs, vishalg, archstone, karan_taneja18, sage of iim-aha please tell me do you have CFA's Curriculum Material 2006 and also if any of you like to pool in to buy books from CFA institute site (one of my friend is also interested). All my dear friends please tell me one thing, one of my friend just cleared L1 in Dec'05 exams and ready to give me photocopy of 2005 CFA institute books, how helpful are these as course keep changing? I'm really thankful to every member of this thread as it's valuable input for others.
Now hello to all Delhi friends Phoenix 4m Ashs, vishalg, archstone, karan_taneja18, sage of iim-aha please tell me do you have CFA's Curriculum Material 2006 and also if any of you like to pool in to buy books from CFA institute site (one of my friend is also interested). All my dear friends please tell me one thing, one of my friend just cleared L1 in Dec'05 exams and ready to give me photocopy of 2005 CFA institute books, how helpful are these as course keep changing? I'm really thankful to every member of this thread as it's valuable input for others.
hi, kawal. glad to know that other people r taking cfa L-1 from delhi in dec06. kawal cfa institute generally changes 20-25% of the study material every year. and this 20% is given high weightage in exams. for more u can check "curriculum improvement for 2006" link on cfainstitute.org. so i guess new books are imperative & necessary. so, where in delhi r u based. and which accntng firm r u doing ur articleship with. i am ready to pool in for books.
Phoenix man, the syllabus changes every yr and it is certainly not advisable to take the risk of following the old syllabus. When you shell out so much in registration, why not shell out some more for books.
If you want to study frm old books, dont read the ethics section at all since it changes drastically.
I have got loads of queries about calcies, and this is a post answering all of them....
See, the only authorised dealer of TI in Mumbai is the one at fort. It offers you calcies for INR 3125/-. You can get it assured there. Also it comes with an one year warranty. Now if you are a risk averse guy go for it.....its definitely a good buy.
The second option is to get it from the gray market in VT. You can ask there anyone for the best place to buy gray electronics goods. The price ranges from INR 1800-2300/- depending upon the demand supply economics and the seller's ability to con you. My sources tell me not to pay a penny more than 2300/-
The third place is at Parla (Irla). The place seems to be perennially out of stock of calcies though. Their assurances of getting it in two to three days can't be believed and you have to be really patient. Also i got mails from a guy offering to drop it at my doorstep for INR 2500/-. Try ur luck. I think cfa.aspirant got similar mails frm some guy at andheri (E).
Fourth option is to ask a big stationery shop owner to order the calcy for you ( which he will get frm the VT place anyways ) and end up shelling out a 100-200 more as a trade off for your convenience.
Fifth, Ask your friends frm Dubai or Singapore to get it for you frm the duty free islands. You save the customs duty and the shipping costs on this. No idea what this costs though.
Sixth and the most unexplored option is to order it through the internet. I think Amazon offers it for $ 45 + shipment costs. It comes with an year's warranty also. If anybody follows this method, please enlighten the rest of us about your experience.
If all the above options fail to give you respite, curse your luck and propably ur lethargy( like me) and cross your fingers to hope to get it atleast before 04 June.
They say u should receive it within 3 weeks. It has been ten weeks now. Reply guys... where are u CTD et al?
Joke: Why arent there any tigers and dragons in the movie "Crouching tiger hidden dragon"? Answer: Coz they`re crouching and hidden!
i was crouching and hiding, partially in shame, coz i`m all set to fail this june. Kya socha thaa..kya ho gaya...havnt been able to devote the time and efforts...havnt been able to grasp as quickly as i thought i could etc etc.
anyways, what study guides are you talking about?? did you order all that expensive stuff from CFA insti?? Nice post on calci's...clears a lot of doubts.
Hey guyz..I m in need of reliable info regarding job prospect(preferrably overseas)of someone who has completed AIMR CFA level 2 with no prior finance job related experience.I want to be doubly sure about ROI before commiting that much amount of precious time n money.It wud be nice if u can direct me to some discussion already going on this topic on the net.
also HP calcis use reverse polish notation which will take some time to get used to. Eg. in reverse polish (10+20) would be operated as 10 20 +
its a one time investment so if you have money go for HP 12C platinum. it will be helpful in the long run. I hope i've answered the question
I think my experience has been a bit different frm Phoenix's.
I started with Quantz and on the very first few pages of quantz Schweser notes, they have strongly suggested to go for the TI calcis. The scweser notes have primarily given explanation in terms of TI calcis ( although at some places they have included both).
As correctly pointed out by phoenix, the HP ones have reverse polish finish notation. Which means even for simple calculations like additions and subtractions, we have to do some acrobatics which are really cumbersome. ??:
Now i am no advocate of any company. Neither HP nor TI pays me any commission for suggesting and hardselling their products (though i wish they cud ). But having been thru TVM and having used TI plus, i wud definitely put my money on it. Personally, wth many of my seniors appearing for the exam, i havent seen anyone with an HP.
The one major drawback in selecting the calcies is that u have to make a decision abt HP/TI/plus/pro when you go to get them. Thats because the person won't open the pack and let you inspect it. So you have to make a decision on suggestion and instincts .
Also, guys its high time we started discussing about real issues (not calcies, books, registration and carrer avenues).
Can we not post some problems we face while preparing or studying? We can really help each other in solving problems. Also, it could help us finish a reading faster.
As a starter....here's a question:-
(By the way i have directly jumped to LOS 10 without doing anything much in the earlier LOS's because CTD suggested that probablility is easier....so CTD the onus is on u!)
Q. Pg. 200 Scwesr Book 1 : Tell me whats the difference between "Continuous uniform distribution" and "probability density function" explained on pg. 196?
Hey guyz..I m in need of reliable info regarding job prospect(preferrably overseas)of someone who has completed AIMR CFA level 2 with no prior finance job related experience.I want to be doubly sure about ROI before commiting that much amount of precious time n money.It wud be nice if u can direct me to some discussion already going on this topic on the net.
Try not to worry too much about derivation of formulae etc at this stage....just try to gobble as much content as you can. i know this is against the spirit of the exam, but what to do...no time! For a good explanation of time value of money and discounted cash flow applications,try referring to DeFusco's quantitative methods wala book...quite a gem. i`d have loved to go thru it over and over in detail...but had to skip a lot of content for lack of time. in case you`re an engineer or a math/science grad, quant is gonna be a breeze...accounting is gonna be a nightmare.
Try not to worry too much about derivation of formulae etc at this stage....just try to gobble as much content as you can. i know this is against the spirit of the exam, but what to do...no time! For a good explanation of time value of money and discounted cash flow applications,try referring to DeFusco's quantitative methods wala book...quite a gem. i`d have loved to go thru it over and over in detail...but had to skip a lot of content for lack of time. in case you`re an engineer or a math/science grad, quant is gonna be a breeze...accounting is gonna be a nightmare. 
??: 
). But having been thru TVM and having used TI plus, i wud definitely put my money on it. Personally, wth many of my seniors appearing for the exam, i havent seen anyone with an HP. 
.