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The LAST 30 Days Before the CFA EXAM 

Straight Talks - AJ Srmek
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Here are my tips for what you need to do and how you need to study in the final review 30 days before the CFA exam. If you do these things you will almost certainly increase your chance of passing the exam. I share what I did in the last 30 days before each level of the CFA exam, and then offer my advice on if I would do it similarly again. The final 30 days before the CFA exam are the most important so if you study smart, you might just pass!

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30 сен 2024

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Комментарии : 72   
@moretuscapital3377
@moretuscapital3377 3 года назад
4:08 Mark Meldrum actually posted a video on mock exams en correlations with passrates and so on. :)
@ashleyvermaak2879
@ashleyvermaak2879 2 года назад
Once upon a time you didn't need 76 percent plus to pass the exam.... Lol late 60s would have been fine.
@MitchellC03
@MitchellC03 4 года назад
Haha felt like you were staring into my soul at 6:06
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
oh shoot lol.
@collinskamunyu5484
@collinskamunyu5484 4 года назад
whats wrong with him bro haha
@amhyni
@amhyni 2 года назад
Thanks for this. Seen a couple of your videos but this got me to subscribe. I have 30 days left. Original plan was to just review each chapter and then leave a week for practice exams. Turns out reviewing each chapter is taking longer than I had expected. I’ll follow your advice and just start solving as many practice exams as I can. Cheers.
@jordanhatch8784
@jordanhatch8784 3 года назад
This video was nice but what about the 30 days after the CFA exam?
@TheBoss2288
@TheBoss2288 2 месяца назад
Hello, with 30 days to exam I originally thought it would be best to only do two mock exams and fill in the days between each with practice questions; because you get to review them as you go, whereas during exam you don’t know if you get an answer right or wrong until at the end. Your advice, however, about taking a lot more intrigues me; can you please provide an advantage to using the next 30 days and cramming 5-7 exams vs 2 (with indepth review). I just struggle to see where time would allow for me to do in depth review if I jump from mock to mock. Thank you in advance 🙏🏽
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 2 месяца назад
More exposure to more different topics that might appear on your real exam. Doing more is best!
@nasrinsultana8515
@nasrinsultana8515 3 года назад
Hi AJ, what you prefer for CFA level 1 review? Do you prefer CFA level 1 Curriculum's practice or you prefer CFA candidate resources? Here is extra 1000 questions
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 года назад
CFA curriculum is best but I liked Wiley a lot too.
@davidbrunik
@davidbrunik 4 года назад
Can you make a video going more in depth on how you memorize all the formulas?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
Sure, not a bad idea
@billbarry6959
@billbarry6959 3 года назад
Hi, @ 4:50 you mention using drop box to get last 20 years of exams, where can i watch a video detailing this further?
@nehadoshi3075
@nehadoshi3075 4 года назад
Seems like one need full month off to optimally prepare and take enough practice exams. Does most people to manage to take full month off before exam ? i am working with one the CPA firm and they do not support preparation for CFA exam both from leave and fees reimbursement perspective.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
No, and no. If you start studying early enough you won't need a whole month off before the exam. I usually took 3 days off before the exam.
@macwarr8121
@macwarr8121 3 года назад
Hey AJ Do you think solving the over 1000 questions on the cfai site is a good substitute for rereading summaries?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 года назад
Doing all those questions will help, but I think the CFA material is still better.
@asel4968
@asel4968 2 года назад
Hi AJ thank you for the content , I have 2 months before the test , and I am reviewing all cfa tests at the end of every chapter do you think is it a good strategy? What would you advice ? Thanks in advance
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 2 года назад
Yes that is great! Do as many EOC questions and Mock exams as you can.
@johnslawecki1448
@johnslawecki1448 2 года назад
If any of you are planning to change the battery in your calculators, do it BEFORE the exam. I changed the battery in my BAII the other night and it was a time-consuming PitA!!!!!!!! I would hate to see any of you lose valuable time in the exam.
@billsimmons8983
@billsimmons8983 3 года назад
Just took the 2and mock from the CFA institute. 63%! Frustrating. Gives me hope though that you got up to 74% which seems totally doable. Not sure if I can get in 12 exams though. I hope to get in 5. I seem to spending a ton of time reviewing the questions on the mock exam. It helps in preparing my formula sheet which I will start memorizing later this week. Man, I hope they allow passing under 70% , it seems very daunting. Thanks for this!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 года назад
Best of luck in the coming weeks Bill! 63% is not bad. If you can improve 8-10% from here, you will have a good chance of passing.
@billsimmons8983
@billsimmons8983 3 года назад
@@straighttalks-ajsrmek323 thanks for the encouragement!
@anushnayak5911
@anushnayak5911 Год назад
Hey man, did you pass?
@billsimmons8983
@billsimmons8983 6 месяцев назад
@@anushnayak5911 Hi, I did not. Currently studying again for Level 2 for May. Will take 2 extra mock exams this time
@Alpha-kv3ou
@Alpha-kv3ou 2 года назад
How many months should I take for L1? Pls advise I'm full time student
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 2 года назад
6
@Alpha-kv3ou
@Alpha-kv3ou 2 года назад
@@straighttalks-ajsrmek323 tx man, I start from January so will probably give in August. Again, thank you.
@bryantriebold9334
@bryantriebold9334 4 года назад
Hey AJ - Thank you for all the CFA related content as I feel many fellow candidates appreciate this feedback. Question - you have referenced CFAI has prior year exams available. Any idea where? I reached out to their customer service and was advised prior year exams aren't published. Appreciate any commentary you could provide.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
Well CFAI usually has the past 3 years of exams on their website. Then people have also posted older ones online. Just look around on Google.
@couchman6832
@couchman6832 2 года назад
Where can I get additional practice exams? I get 4 from Kaplan and 2 from the institute. Looking to add at least 4 more.
@jtangx
@jtangx 4 года назад
Hey AJ, great content much appreciated! I am currently a level III candidate and was wondering if you can make a video exclusively for level III exam on tips to crush the AM constructed response section? Thanks in advance!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
I do have a video pretty close to what you are asking for! I believe its called Level 3 Tips
@freddytang2128
@freddytang2128 3 года назад
Can anyone share a drop box with level 3 exam mocks? Would love you forever :) thanks!
@tomdavenport9833
@tomdavenport9833 3 года назад
Any additional considerations for level III 30 day prep ?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 года назад
Practice the AM portion more than the PM in my opinion.
@samxware
@samxware Год назад
Hi AJ, in the cfa institute candidate resources there are 2578 questions… do you think that Doing that AND 6 practice exams? Would that be most likely enough?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 Год назад
Yes, that would be very benefecial!
@fatihaltn6250
@fatihaltn6250 2 года назад
Thanks for the content. I hope it helps
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 2 года назад
Happy to help!! AJ
@jirensama1622
@jirensama1622 3 года назад
Sir, I've given 8 mocks. Including 2 mocks in the new format. Do you think that's enough?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 года назад
For you it might be. For me it may not have been. It depends on how you are scoring!
@aperson1181
@aperson1181 4 года назад
Thank you, AJ.
@manuelamazorragom
@manuelamazorragom 4 года назад
Recently CFA has announced that it might be cancelled the December exam paper - based in some countries. I actually don't know for the candidates this is good news or bad news regarding passing the exam, because in some way I have the perspective that when you have more questions the probability of passing is higher. What do you think about this? Do you think it will be easier or more diffucult? Additionally, could you make a video for tips or your view about what candidates of June 2020 exam should do for passing the exam, now that we have to do the exam in Frebuary 2021? In my case I started studying on December 2019 and stopped at March 2020 and then started again in July 2020 and I stopped one month due to some other exams I had to take. So I have since now until February to study, but I must review many things because I don't remeber many things I studied at the beginning of the year.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
I think more questions makes the exam harder. There will be less random chance of passing. And I do have a video about the 2021 exam study schedule!
@mohameddawood5884
@mohameddawood5884 4 года назад
Thank you for the info. Where can we get so many practice exams? CFA only provides 3 mock exams ( counting AM and PM as 1 exam). Where can we get 10 or more exams ?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
Search for old CFA practice exams on Google.
@mohamedchoukri9254
@mohamedchoukri9254 4 года назад
please , do you have level 2 materials ?
@asadfazla9225
@asadfazla9225 4 года назад
When you say practice exam, does 1 practice exam = 1 Session or both?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
both!
@wichertj3
@wichertj3 3 года назад
I'm a level 2 candidate, i starting practice problems 60 days ahead of my exam day. Currently getting smacked but I know those scores will improve the more problems I do.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 года назад
Best of luck man! Do as many as humanly possible in these last 60 days!
@wichertj3
@wichertj3 3 года назад
@@straighttalks-ajsrmek323 I did 120 a day during level 1 but finding these are taking longer. I can usually only do 60-80, would you say that's normal?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 3 года назад
@@wichertj3 Yea, that sounds about right.
@soniyasuvarna1503
@soniyasuvarna1503 4 года назад
Thank you AJ, love you and love from India❤
@Alpha-kv3ou
@Alpha-kv3ou 2 года назад
@@GhulamMustafa11111 talk with limits
@socalpennycollector5077
@socalpennycollector5077 4 года назад
How do you know if your company will allow you to post on youtube?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
Ask compliance.
@agamdeepmalhotra6955
@agamdeepmalhotra6955 4 года назад
hi Aj i hope you are doing good. What is the scope of a CFA charter holder entering into Investment Banking?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
Can you expand that question? What do you mean by scope?
@agamdeepmalhotra6955
@agamdeepmalhotra6955 4 года назад
@@straighttalks-ajsrmek323 for people who want to enter into investment banking firms and become investment banker... can cfa provide them entry into big investment firms like goldman sachs , morgan stanley etc
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
@@agamdeepmalhotra6955 It won;t hurt, but it is not that important. To get into banking it is more important to get good work experience and network well.
@starlord6088
@starlord6088 4 года назад
Thank you
@starlord6088
@starlord6088 4 года назад
Kaplan only offers 4 practice exams. Can I get free exams anywhere?
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
Yes! The CFA institute gives you a couple each year. Then there are many past CFA practice exams available out there. You just have to search around on Google.
@starlord6088
@starlord6088 4 года назад
Straight Talks Thanks AJ. I’ll be registering soon, was just waiting for my passport. About to eat lunch, get a coffee, and study all day (took the day off). Been slacking the last couple of days, only studied for 1.5 hours. So today I’m going to do a lot.
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
@@starlord6088 You got this! Gotta do some catchup but that's ok.
@starlord6088
@starlord6088 4 года назад
Straight Talks I’m almost done with the first book (Lvl 1). I have a finance degree so most of this stuff is review. The studying for the actuary probability exam a year ago is coming in handy rn :) (...obviously didn’t follow thru with that but I’m committed to the CFA charter. I just didn’t want to take exams for 10 years which is why I switched paths). Anyways, I’m going to speed read the whole book and answer new questions on each section before starting book 2. Let’s go!
@MediaWorkify
@MediaWorkify 4 года назад
Hi Straight Talks, Hope you're well! Level 2 candidate here seeking some personal advice. I've used Mark M for my studying, and I believe I'll be able to finish all content by mid October. I'm looking to understand how the best utilise the remaining month and a half to the exam, and from the video above, I've come to the below strategy: Spend 3 weeks to a month or so reviewing the content + doing practise questions, and then the last 2/3 weeks, doing mocks every day. Quick question - what question bank did you use to do practise questions leading up to the exam, and do you believe it was a good reflection of the questions that appear on exam day? If you had to recommend a thorough prep provider who provides a question bank that will nearly reflect the exam on the day, who'd it be? The plan is to use the CFAI QBank (ofc!), but I find MM's QBank not so much a reflection of CFAI type questions... Thanks for reading!
@straighttalks-ajsrmek323
@straighttalks-ajsrmek323 4 года назад
I would not spend much time reviewing information. Only go back to the info if you get a practice question wrong and need an explanation. I used Wiley Qbank. It wasn't that much like the exam questions, but it as still helpful.
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