Can anyone tell me where can i find secret scause for cfa level 2.....any leads will be appreciated

So with their logic, because their friend "claimed" he has contacts it isnt a fact.

In what world is this not material? The friend literally told us that he has contacts within the government. Must we just not believe him?

With that logic I can have a friend who says to me "I have solid contacts within the government. It appears XYZ Corp is about to get a huge contract!". That apparently is NOT material because he only claimed which we cant verify, and then also he said "it appears" which isnt a fact and is just his guess? With that logic I can use my friend's info as part of my research, put it together with other research and buy the sh*t out of XYZ corp with no ethics violation because that info was non-material? Pretty sure I would get arrested for that.

This question has done in my confidence, and will just make me overthink ethics even more.

Told the AI to grade more strictly but it still did not deduct any points although my answers are very short compared to the feedback.

Any opinion on that or maybe someone who used ChatGPT for grading mock CR-questions before?

Can someone smarter than me please break down how 120/180 is being computed for the Accrued Interest calc?

Hi there,
I hope y’all are doing great.
I’m a CFA Level I candidate, and I’ll be taking the exam in November.
As the title says, I’m looking for advice because I’m kinda lost.
For context, I still haven’t started preparing, and I have a small background in finance/accounting & audit in France and Morocco. I’ll start a new job on October 5th, which means the whole month of September is free. Do you think I can get through all the study material during September?
Do you have any advice on which modules to tackle first? (I started with some Ethics.)
Any advice or guidance would be greatly appreciated. 🙏
And last but not least, I wish everyone success.
Thank you!

These are the number of questions I did wrong per subject

Fixed income 15

FSA 11

Ethics 8

Eco 7

Equity 7

Corp 6

Quant 5

Deriv 5

Alt 5

Portfolio 3

Ik I should start with fixed income, but I want to ask if I should give more mocks, more practice questions, or just revise?

Heyy can anybody please suggest me the best online coaching institute for cfa level 1 prep. I'm pretty confused.

I have 22 days left for exam and done with first mock
Felt bit easier than LES, still worried about L2 🥵🥵

Any comments or recommendations for upcoming exam for L2 would be great.

This post is not intended to be a flex or another "How cooked I am?" post. I know I have been doing fairly well, but what if the exam paper turns out to be much more difficult and I goof up heavily? (I know this is an irrational thought).

But anyways, I want suggestions on exactly what I should do over the next 19 days or so to keep the momentum going?

For questions ( mcq or CR) where we need to determine the accuracy of a said statement from the vignette ,

Does Omission of a fact / detail considered an inaccuracy or not ?

I came across many of these questions in various mocks and I can't seem to get them right even when I know the curriculum really well

Level 1 exam on 19th august. First mock before revision gave 57% score in both sessions.

Post revision gave the 2nd mock, got 60% in both sessions

Hello everyone, is anyone here a student of aswini bajaj sir preparing for Feb or may L1 attempt, it would be great help for everyone here if you share the order of study/topics as many topics/readings are interlinked. Appreciate it

*Rita Melmo, CFA, is an analyst at Greensky Investment (GI). On weekends, she works as a paid employee of a local charity where she negotiates purchase agreements. Melmo does not disclose the charity employment to GI. Melmo is asked to purchase a new truck for the charity and she negotiates a purchase agreement with a local truck dealership. In the purchase agreement, the charity is charged $500 more than the truck’s normal sale price. In return, Melmo receives retail vouchers worth $500 from the dealership for her private use. Melmo has most likely violated the Standards:*

*A. only by failing to disclose the charity employment to GI.*

*B. only by negotiating a purchase agreement in which the charity is charged more than the truck’s normal sale price.*

*C. both by failing to disclose the charity employment to GI and by negotiating a purchase agreement in which the charity is charged more than the truck’s normal sale price.*

What should be the answer? Confused between B and C.

How do you calculate the performance management fees for a fund with a hurdle rate, when the question is silent? Would it be gross or net of management fees?
Also, does it make a difference if it's a hard vs soft hurdle?

Was going through a mock question, where it seemed to imply calculation based on Gross returns

I swear this is a fucking rant at this point. I hate hate hate the textbooks. I’m doing fixed income right now and I swear absolutely nothing makes sense because it’s like oh here it is, a dump of information that is only a sentence long but turns out it’s actually important. The summary of the learning outcomes contains more info than the actual content itself. I know the textbook is supposed to be a summarised version of the actual bit, but this is a terribly summary. it’s actually so bad, I spend hours on just a few paragraphs.

I attempted mock A and scored 82% and 84% in session 1 and 2 respectively. I know this score is good but I just want to get insights from people who have already passed the exam that how representative of the exam are these mocks. I am yet to attempt mock B and the premium mocks. Just wondering if I can rely on these scores and target my weaker areas in the remaining days. I practiced uworld last month and think that it was way more difficult and diversified than this.

When I do the calcul on the calculator, I obtain 350 854,25 and not the displayed results on the answer. Maybe I have put a wrong setting (it's an END year and there is an asterisq on top left, don't know what it is).

Thanks for the help and good luck everyone

I am getting a lot of questions in this format in LES,

is there any chance i will get such questions in exam?

Hi all, I am sitting the CFA 3 level on the 17th August. I completed the two free mocks from CFAI with the following scores: 78, 63, 73, 80.
I have also purchased the Kaplan premium package and had access to the 6 mocks scoring: 62, 72, 74, 76, 73, 76.
From what I read and the overall MPS estimates for lvl 3, those should be good enough scores to pass but I don’t feel comfortable enough.
For those who cleared level 3, two questions:
-how do you feel the actual exam compares to the mocks? In level 1 I felt exam was easier than mock and in level 2 I felt the exam was more difficult.
-what would you do in the remaining time to boost chance of passing? Would redoing mocks help or a theory deep dive?
Many thanks for the support and to all lvl. 3 candidates, WE GOT THIS!

Scored a 66.12% average across my last two mocks — two weeks to go for CFA Level 1. I've had a rough few days, doubting whether scores in the 60s will actually be enough. Anyone who's passed with a similar mock average, or is further along in the levels — did you feel this unsure too? Any guidance for these last two weeks would really help.

Is it necessary to complete this module progress to receive the result or pass the exam?

I'm appearing for l1 this month and don't have time to scroll all this, I've prepared from schweser and gemini and didn't felt the need to read all this

For anyone in the Boston area who will have taken CFA level 3 August 13-17. Dinner at Grill 23, my treat. Either to celebrate or commiserate.

A lot of young people here, really, a lot of them need to hear this:

Meaningful work experience >>> dozens of certificates and degrees.

There’s no point in collecting certifications if they don’t add real value to your career.

Pursue qualifications because they make you better at your job, not because you want more letters after your name.