CFA Candidates In The House

The CFa texts contains too much information and you might get lost in the details. What you need is a study pack that will keep you focused on the LOS so Stalla or Schewser is better.

loweee where u hide face since. how preparation for level 2 logjam 

thnx for your responses
lowee i'm interested in the materials u have, ou do i get thru to u ??

hello all,

just registered for level 1 dec '09 exams, n have yet to receive my study materials from the institute. my first knowledge of  materials like schweser et al, came from following up on this thread. are those generally better than what the institute sends?are there any reliable lecture centres around?

please respond.

@ lowee

went thr much older posts on this thread n must commend your dedication. i'm pretty new here as mentioned earlier n thrs so much info i need. whilst i await readin materials against dec l1 exams, havin jst registered last week, i'l b glad 4 any material u can  make available. how can u b reached?pls respond ASAP,

Exam was very hard . . .

@ delcfa,  look up old posts, retrieve Lowee's no n place a call. worked 4 me.

sexyme,
i can only retrievelowees email add and i hv sent a message but not response yet.
can u be of any help as pa what materials u have.

Tolulop001,
u can write the june exam in ghana and u have the chance to register early and save some dollars.
although i'm not sure of how often the curriculum changes, u might have to get materials different from that of 2009 for 20010 so u might have to invest more in the materials although copy of materials will always be available.
be good and nice day

@delcfa,  here's Lowee's no - 08036026754,  he had it stated on/in an earlier post, he's probably away 4rm d site,hving jst written L2. Neeways, hvn't received my study pack from d institute yet, n making do wit Schweser notes and video lectures (that i purchased - Lowee's giving his out for free though, but i was impatient!). Begun reading on Monday n just rounded up Study Session 1 with those materials.

From what I hear, the schweser study notes are a less detailed than the CFA study pack but every line counts. Its also easy to get 'lost' in the details that d CFA study pack contains (also hearsay, v yet to verify).  If you've got the time, you can make copies of my own 'copied' schweser notes, or call Lowee right away n grab his! Best of luck wit d studies,

hey guys
how is it going?

hope u guys especially those in Lagos were able to catch u with the CFA guys in town
a lotta questions and answers were given as per the exam, possible option of having exam centers in Nigeria, grading and all sorts
it was really an enlightening session yesterday evening

I think the few charterholders we have are meeting with them right now and i think its really good we are marching forward in this our investment biz

its gud to know we are about having the society of investment professionals in Nigeria prelude to having our own CFA society in Nigeria

for those who wrote the exams last week, how was it?
wish you the best

cheers

Hi every one in the house,
  I am just new in the house,
  I have being following the threats for about 2yrs now. I have always wish do the CFA programme and now i think the time is right, that is why i decided to join the house. I am presently in Sweden doing my Master in Accounting and i also hold my BSc in Accounitng.  I wish to sit in for the June 2010 level 1 exam.
  I really wish to know the differences in opportunities between a CFA holder and an ACCA holder, that is, which is have more opportunities in the job market.
  I am really thinking if i have a good foundation for the CFA with my BSc and MSc in Accounting.
I will be very grateful if somebody answer my questions

Thanks very much for the reply, i now know i am on track. So for those of us preparing for the June 2010 session, any advice???

sexyme,
biko can u share the videos u have wit me???
thnx

i think it'd be better i do level 1 june next year @ SA, i may just get a snapshot with Messi (of course after d exam,  )
Pls guys, recommend tuition centre to me,  lowee, d materials u promised 4 free, is it 4 real? I'd give u a call oo,

Tips for Taking the Level I Multiple Choice Exams

About the Level I Questions

The Level I exams will include 240 total multiple choice questions, 120 on the morning session of the exam and 120 on the afternoon session. Each multiple choice question is free-standing (not dependent on other questions) and has three possible answers: A, B, and C. All questions are equally weighted and there is no penalty for guessing. Here are some ideas that may help you while you are taking the Level I multiple choice exam:

Carefully manage your time. Don’t spend too much time on any one question or topic area. On average, you should allocate 1.5 minutes to each multiple choice question, including time to record your answer on the answer sheet.
Read the questions carefully. A careless “skimming” of the question may lead you to a completely different, and incorrect, answer.
Read each item carefully and eliminate obviously incorrect answers. If you have to guess and you can eliminate one of the responses, your odds of answering the question correctly are much higher. There is no penalty for guessing.
No individual has ever received a perfect score on any level of the CFA exam. Even though it is not by design, you should expect to encounter questions that you will not be able to answer correctly. There is a great deal of material to master and exam questions are challenging. Standard setters (at Levels I and II) and the Board of Governors (at all three levels) take account of exam difficulty in setting Minimum Passing Scores. For a full description of how the MPS is established, see Into our 5th decade (PDF).
Examination writers use a standard set of formatting conventions on the selected response questions (multiple choice items on Level I and item set items on Levels II and III). Many sample exams produced by third parties do not follow these conventions, so you should review the CFA Institute format presented here:
 
Formatting Conventions Used for Level I Exams

Item Construction

Each item on the Level I multiple choice and Levels II and III item sets consists of a stem (question, statement, and/or table) and three choices, A, B, and C. There are two basic formats used:

1. Stems using sentence completion with three unique choices

2. Stems phrased as questions with three unique choices

Example 1 (Stem using sentence completion)

An analyst suspects that a particular company’s U.S. GAAP financial statements may require adjustment because the company uses take-or-pay contracts. The most likely effect of the appropriate adjustments would be to increase that company’s

A. return on assets.

B. debt-to-equity ratio.

C. interest coverage ratio.

Example 2 (Stem phrased as question)

An analyst suspects that a particular company’s U.S. GAAP financial statements may require adjustment because the company uses take-or-pay contracts. Which of the following is most likely to increase as a result of the appropriate adjustments being made to that company’s financial statements?

A. Return on assets.

B. Debt-to-equity ratio.

C. Interest coverage ratio. 

Item Stems

The Level I CFA exam does not use EXCEPT, TRUE, or FALSE in item stems and avoids the use of NOT in item stems whenever possible. When appropriate, stems will include one of the following qualifiers: most likely, least likely, best described, most appropriate, most accurate, least appropriate, or least accurate. Each stem supports only one item on the exam.

Choices

The Level I CFA exam does not use any of the following choices: all of the above, none of the above, I and II only, II and III only, cannot determine, cannot calculate, or not enough information to determine.

Choices consisting of words or sentences are typically ordered from shortest to longest; choices that are quantitative are ordered from the smallest number to largest number. The choices agree grammatically with the stem; language common to all choices is placed in the stem

Hiya Mates,
How are the preparations going?
For the people that need the CFA level 1 materials are u ready to make photocopies?
Candylips how did your exams go? For me the muther was effing hard