Friday, July 31, 2009

How to pass CFA exam ?

Hi,
Below there are some key point to clear the CFA exam,

Key #1: Get Organized
After making decision to sit for CFA exam following are some of tips might help you to get clear the paper.
1.Start Atleast 6 months before. The CFA Institute estimates that at least 300 hours of independent study is necessary to pass each exam. Candidate should start at least 6 months before and give atleast 12 hrs in a week.
2.Preview the material before starting. After registering for each level, you will receive a curriculum that is divided into about 18 study sessions. Broadly preview each session to determine your familiarity with each topic.
3.Develop a game plan. Get out your calendar and determine which weeks you will be studying which sections. Schedule your studying so that you finish with all the sections at least one month before the exam, so you can review. Also, schedule in review days as you go along.
4.Select a review course. In no way should a review course substitute for studying the material. . The key is to pick only one course, so that you can spend more time focusing.
Key #2: Develop an Effective Study Program
An effective study program will make the difference between passing and failing. To develop an effective program, consider the following:

1.Study all "learning outcome statements" (LOS). The CFA Institute defines LOS as "knowledge, skills and abilities that you should be able to apply after completing a reading and all associated exercises and problems." You'll be more likely to remember these points later if you take time to write them down as you come across them.
2.Use flash cards. Flash cards are portable, much lighter than carrying the entire CFA curriculum with you and can be quickly reviewed while commuting to work, during a lunch break, etc.
3.Use memory techniques. Mnemonic devices, such as taking the first letter of each word in a concept to spell one word, are helpful. There are other tricks, such as catchy slogans. For example, "SiP a CoKe" can be used to remind you of option put-call parity: The prices of a Stock + the Put = those of the Call + the present value of the striKe price.
4.Study qualitative material differently. When studying quantitative material, working on problems is important. First study the concept, then learn by doing these problems over and over again. Once you understand how to solve a problem, return to the material for further understanding. Many ethical problems are scenario-based and easy to read.
5.Work through as many practice questions as you can.
6.Use your approved calculator. Understand the calculator function so that you can easily work on the day of exam.
Key #3: Review
You need a solid a month to review the material again once you have gone through all the sessions. Do not take this part of the study process lightly.

Article from Investopedia.-find more info on
http://www.investopedia.com/articles/professionaleducation/07/CFAexam.asp

Wednesday, July 29, 2009

June 2009 CFA Exam Results

June 2009 CFA Exam Results
The area that you are attempting to access is protected by password. Logging in will grant you access to the June 2009 exam results.

June 2009 Pass Rate Level I Pass Rate: 46%

find more details on CFA site.

https://www.cfainstitute.org

Tuesday, July 14, 2009

Why financial Crisis in Financial Institution ?

Hi Everyone,
I am creating this post to just let's share our view's on current financial crisis that made lotz of company bankrupt like Lehman Brother's etc.

So,please share your view's why Bank or financial institution failed ? is it because of high leverage or is it due to still bank doesn't have any process to handle this situation.

Wht you think how long will take to recover as normal ? 1 year or 2 years ...

THanks
Anwy

CFA Level 1 ,Level 2 and Level 3 Test

Earning the title of CFA is one of the most prestigious achievements a person in the fields of finance and investing.To get this certification we need to pass three level of exam's.Average 40% of people get through the exam,it means it needs full dedication and effort.find more details on cfa site www.cfainstitute.org and for more about exam www.testprepreview.com

Saturday, July 11, 2009

FRM Registration is open for 2009

FRM November 2009 Full and Level 1 exam registration is already open.find the more details on GARP site.

www.garp.com/frmexam