The CFA notes are a too comprehensive and there is little time and so much material to study.
I think what schweser helps you do is to focus on the LOS. But people have also said that the questions in the
real thing are much simpler than schweser's Qbank

guy thanks a mil
which study session u dey
i dey study session 16

Ol boy you do go far oh. so you don reach Fixed Income

I still dey S S 8 I just finished Understanding Income statement , i wan start Understanding Balanace Sheet now.

But Accounting is boring oh 

by the time u enter bonds u go begin think about the money u spent on this exam.
where u dey plan take ur exams

u mean am.

I will be doing it in London. Are you doing the June exam ?

yes na june get me.
doing it in ghana
how did u find quant

Quant is a very small % of the exam . it was relatively straight forward as i had a very good maths background.

Why is there no center in nigeria and their is one in Ghana. these CFA people sef

best wishes to those taking it, a close friend of mine is taking june, he's an analyst in the US, and he's pulling 12hr study hrs daily on the weekends

where everybody go

@LOWEE
@CANDYLIPS
@WYT
     guys,i am really impressed.u guys are really doing well.Soon,we are bringing CFA centre to Nigeria.we are really working on it.Just pray they consider the analysis we submitted to the CFA institute.We gave them the % of those that are writing CFA in Nigeria compare to those that are writing it in Ghana and they promised to look into  the analysis.Cheers guys

@bakre
Good job. Am sure it will be very popular in nigeria once they have a center over there.

Guys were are u at . Am in Analysis of Inventories SS 9

starting my revision
any past question papers

Use QBank

Guy QB cost oh.
I no get money now

you could probably redo all the questions at the end of each SS again. and the Self test. that will help jog up ur memory. Also you could try the review exam package at http://www.analystnotes.com/ its about $89

is it schweser SS or CFA SS

Both. since u have more than 3 months left to the exam

108 more days to go.Get ur Qbank for just $250 dollars.call Tokunbo Bakare 08039307507.Cheers

@ Lowee231

I suggest u use both, the CFA curriculum is bulky, however, it is very detailed and insightful, you can also just take material excerpts from the curriculum which are not iwell discussed in Schweser

Dr D
Thats what I am doing thanks

Dr D
Thats what I am doing thanks

hello guys,

a CFA boutique has just been launched in Lagos.
Where you can get your Schweser CFA Level 1-3 notes(Original and photocopy), CDs and Videos at a deep discounted price delivered at your house address at no cost.
You can also register for the exam at a competitive exchange rate at this boutique and get most of your queries/orders, as far as the CFA exam is concerned, sorted out.

For further enquiries or instant order today please feel free to call me on;
08039307507

Kind Regards,

Is the CFA exams computer-based? and where is the exams conducted( i mean exam center)
Thanks

Helllo everybody,
good to know Mr.Wyt, Lowee, Realkemmy and some others are sustaining this thread.
Good one guys!!!

I'm not going to write the 2nd level this June. Imme take a break this June and since no level 2 in December, that means till next year.

I'm thinking of resigning to combine my CFA and Msc Finance at Warwick.

Mr.Wyt made an appearance on my YIM today and asked me to tell the house that your loyal boi passed his exams . . .God really helped because its not by my power

nyways, i can see Realkemmy is dishing out questions Good one.
My work schedule is keeping me off the net although i still manage to make some posts on the sports thread.

So who and who will be writing this June?
You guys should blast the exam abeggi.
The pass rate at the last exams was 39%. So, der is nothing stopping u guys
go guys!!!!

I still recommend Stalla for my people although some friends in UBA and pwC, they used Scheweser and they passed too.

Enuff of storiez. . .keep the flag flying!!

OL BOY
thanks for the inspiration
I'm on for june 7

How far?

Una still dey

90 days to go oh

So please buckle up

OL BOY
thanks for the inspiration
I'm on for june 7

nice one Lowee. . .where are u writing it?
Ghana , SA or UK? or ure abroad?
man, the Lord is ur strength.

To the aspiring investment bankers/analysts

i hope u guys invest in the NSE? i just stumbled on a thread (more stockmarket tips)
der is a lot to learn from some NLders. who says der are no intelligent ones on NL?
as we are striving to get the qualifiactions, we can also make the money.

Catch u guys again. . .
where is Mr.Wyt?

I do go there as well. A lot of the tips there are "technical analysis based". however u do see a couple of company fundamentals analysis tips as well - which i tend to prefer actually "when investing and not trading ". (lets just say am old school)

NSE Stock market is interesting but i wonder why the bonds market is not popular and the derivatives market is virtually none existent. It is virtually impossible to hedge ones risk in NSE i wonder how the mutual funds and pension funds protect themselves if the market is bearish

TBK417,
Bro the thing is when u start reading for this exam u start appreciating what it means to analyse stock and make your own predictions.
Candylips
Maybe we are here to make the nigerian bond market popular and introduce nigerian to derivatives

some fixed income derivatives can be very complicated beasts maybe thats why the nse are very reluctant

Some motivation for my brothers and sisters

The battle of credentials
By James Goodnough, 
Sunday, February 11 2007
Merits of the MBA vs. CFA.
The Master of Business Administration (MBA) or the Chartered Financial Analyst (CFA) designation? That is the question.
Which credential ultimately adds more value and helps its holder get on the fastest track to meeting his/her professional goals? There is no question that an individual with either should expect a higher salary. In fact, it would be ideal to carry both. However, time and money limit one’s ability to pursue both the CFA and MBA, so if you had to choose only one designation, which would it be?

In essence, the CFA is a far more specialized program, aimed primarily at those either interested in or already pursuing a career in the financial industry. On the other hand, the goal of the MBA is to expose its candidates to a wide variety of business streams – marketing, finance, accounting, or organizational behaviour – and give them the options to specialize or remain a generalist.

The CFA route is designed for individuals interested in a finance career. The candidate must have four years of experience related to the aforementioned tasks, or be in the process of accruing it. This designation has another caveat emptor however: Summer internships do not count.

MBA programs do not segregate candidates based on their past work experience and future work plans. However, there are a number of hurdles to jump over before entering a distinguished MBA program. Depending on which school you are interested in, you may be required to verify a certain amount of job experience (usually two years) before entering the program.
Due to fierce competition over entry into these programs, a strong supplementary application coupled with proven work experience and high GMAT scores are necessary for admission.

Now for the meat of the discussion: the costs versus pay-offs. Depending on the MBA school of choice, one will likely spend anywhere between $30,000-$100, 000 over the course of one to two years. Starting salaries also vary from school to school: Top US Ivy League schools have an average post-MBA salary of US $110,000 compared to the average pre-MBA salary of US $70,000. That is a 57% increase in salary upon graduation.
On a more domestic note, MBAs attending top Canadian business schools such as the Western’s Ivey, Queen’s, Rotman, and Schulich can expect a salary increase of 56% upon the completion of their degree; the average pre-MBA salary of US $45,000 increases to approximately US $70,000 upon program completion.

The CFA works a little differently. It consists of three tests that can be written once a year, and provided you pass all three of them on the first try, you can obtain your designation in three years. However, that is a big “if”. According to studies, one needs a minimum of 250 hours to study for all three tests. However, the pay-offs are lucrative: CFA holders enjoy an average salary of [b]$180,000; that is 54% higher than those without the designation. [/b] ;DFurthermore, CFA holders with ten years of experience demand 10% higher salaries than their MBA counterparts. Considering that the program occurs over the course of three years, and taking into account that the preparation material and tests cost about $7,000, the immediate returns of a CFA are higher than that of an MBA.

Salaries aside, according to Managing Directors and Associates at TD Securities and CIBC World Markets, most professionals with a finance focus will be required to pursue their CFA at some point. In fact, employers with the largest number of CFA holders include CIBC, Deutsche Bank, Fidelity Investments, Goldman Sachs, HSBC, Merrill Lynch, RBC, and UBS. For today’s young finance professionals, a CFA is a far better investment.

The top pick for employers in the sector is the CFA program. It’s the highest qualification in the investment industry, but it’s also the toughest - by a long mile.

Even the mention of signing up to the CFA program is enough to send a shudder through those familiar with it. Candidates have to pass three six-hour exams across three years, (Level I, Level II and Level III), which involves a minimum of 250 hours of study. The failure rate is huge.

According to the CFA Institute, the Level I global pass rate in 2006 was 40 per cent, the Level II global pass rate was 48 per cent, and Level III, 76 per cent. In addition to the demanding study schedule, the CFA program also requires four years of relevant work experience in the investment industry