CFA USA Exam – A Guide for Preparation
Now that you’ve arrived on this web page, you must be looking for some tips to do your best in this exam. However, before providing you with any steps for preparing the CFA USA exam, you should first understand what this means and what this is.
The CFA, Chartered Financial Analyst, is a four-year program which is a professional credential, and it covers several aspects of finance such as quantitative analysis, equities, investment management and the other endless elements of finance.
As a friend, I feel I must walk you through about how difficult this exam is. Taking the CFA USA exam is not at all a joke, it is a serious decision which the students take and requires a serious commitment. Passing all the levels of this exam without any pause is almost next to impossible.
The analysis suggests that only 9-10% of the candidates have ever managed to crack all the levels of this exam in one go.
Without any further delays, let’s jump straight into the steps for CFA USA exam preparation.
The first thing that you’ll have to do is make space for study in your busy life. Of course, your life won’t change entirely for this exam; however, you need to make sure that you rearrange the parts of your life in such a way that you have more and more time to study for this exam.
Well, the most important thing is that you must have an international passport. Without an international passport, you cannot register for the exam. You need to have a valid passport during the exam, i.e. you are to make sure that your passport is not expired and is valid till the date of the exam.
Next point that now comes up is to register. It is recommended to register for this test before the second registration deadline. Once you’re registered, the CFA training Institute will provide you with six books which will contain everything you must know to crack this exam.
After which, you’re required to plan a study schedule. I understand that planning a weekly calendar can be frustrating and tedious; however, one thing that I can assure you of is it will be all worth it at the end of the day (provided you follow the timetable religiously).
To create a calendar, you should arrange your study months into two sections –
Three-four months of reviewing phase in which you will have to study the entire curriculum.
45-day second review phase in which you will go through the whole curriculum all over again.
Then, starts the most essential part or a phase where the show begins, where you have to study.
What I feel is, telling you to study is not enough because that is where the actual brainstorming starts, no? Since everyone wants to study in the best CFA course institute, we’ve curated a list of CFA training programs in Bangalore.
One of the best CFA course in Bangalore is at HI-Educare, which provides online courses and classroom training as well for their students. The professionals at this institute focus on theoretical as well as practical training for their students.
Besides this, you have plenty of other options such as IMS Proschool, FinTree, CFA classes, to name a few.
Remember these institutes only help you and not make you clear the exam. What will make you clear the exam is your hard work, commitment, and dedication towards your studies.
Till then, work hard and achieve big!