r/CFA

I gave my mocks exams around 5th July and 30th June, these are the scores provided in the picture.

https://preview.redd.it/cdihe2kpekbh1.png?width=1950&format=png&auto=webp&s=cf8c127c4beaa90e5fefb1ef177c8f472c192b05

My exam is on 22 August 2026, I have completed the LES Twice and reading twice now, I aim on doing 8 more mocks before reaching near the exam day, with detailed targeted reviews and additional drills after each mock seeing my mistakes, I have a formula kit that I have memorized either through understanding or writing them over and over till they burned in my muscle memory.

I wanted opinions on if these scores are alright, I hope on increasing my floor to high 70s soon, the first mock felt easy, the second one felt niche although that could be just me. My approach for both mocks was to answer all questions in 1 hour, then do review of all questions with the remaining hour and do targeted checking of the weaker questions in final 15 minutes. I may develop a protocol to handle fatigue during the exam and increase my endurance to prevent execution errors. But the outcomes of that can only be gauged with more mock examinations.

Anyway, wanted some guidance/opinions on, if this approach is valid, or if I am missing something that could help me if identified, and how are these scores? I would appreciate any feedback.

And good luck for your exams! You got this.

Mark Meldrum sold his platform to private equity investors and since then has raised the prices of his offering by over 80%, nearly doubling. This is despite the content not being any better and in fact, his presence is less and less and he has delegated a lot of instruction to presumably less qualified people.

His self-study package is almost $500 now and I am told a few years ago before the acquisition it was only $250. I am trying to study for the CFA L1 without spending a lot of $ on materials and everyone keeps recommending MM, saying how great he is, how everyone uses him, but honestly I only see a man who has sold out his community to squeeze maximum profits.

Anyone have a suggestion for a prep provider that is actually affordable and not run by a private equity company?

EDIT: Ill add summary of suggestions per comments:
- LetMeExplain (YouTube videos, ~15/mo)
- FreeFellow (Mocks, Qbank, ~29/mo)
- Bill Campbell (just one guy it looks like)
- “Just use CFAI it’s enough” supposed to be free lol, but probably need to buy more mocks which is $299
- everything else: more expensive or is AI slop

Anyone wanna hustle together for November cfa L2 this year? Almost done with quant, planning to revise before starting fsa. Hit me up, thanks.

Hello I'm about to appear for the L1 exam in August and I'm about to start giving mocks soon. How many mocks have people who have passed L1 in general have given. I'm planning to give 4-5 in general. Any tips would be highly appreciated thank you :)

I have been feeling a bit not too good from the past year, decided to go on with level 2 as I felt like I had no purpose and people my age and younger were way ahead in life.

Had anxiety and was depressed for the entire level 2 prep, somehow managed to pass, and still feel behind in life, people with marketing majors have gotten finance jobs, somebody has gotten a better internship, somebody got a job at good firm and I had somewhat a better resume than theirs.

Life sucks, can’t talk to family as they just start getting angry at me and start comparing how bad theirs or peoples life was and how they just stayed and fought back, I just want to give up and leave this shitty life behind.

I have dropped out of college and I want to pursue building products around finance.

I heard somewhere that you can start with CFA level 1 if you don't have a degree.

I can meet the requirement - 4000+ hours of work in research advisory, crypto exchange and financial education firms.

Please guide me.

1. How to improve accuracy in ethics? Any tips…
2. ⁠What steps did youll follow to revise syllabus after learnign is done

Thanks! Any help is much appreciated..

Guys should I go through Schweszer notes first then go through CFA institute books or

Schweszer books are enough to cover core topics?

https://preview.redd.it/uc37kpd9lebh1.png?width=805&format=png&auto=webp&s=bd97d43c31225c5adfdc80f323c4523979e07005

asked Claude to be harsh, gave it the guideline answers... but wow this is bad.
i'm done with the LES and yet. DRM is an absolute disaster.
i can add max 150 hours more 6 weeks. shit scared tbh.

Practice quiz question paraphrase: "if market prices reflect all public information, at a minimum, the market is:"

a) Weak-form efficient

b) Semi-strong form efficient

c) Strong-form efficient

The question says "at a minimum", yet the correct answer is semi-strong form efficient. Since semi-strong efficient encompasses weak-form, why is the answer not weak-form, since at a minimum the market must be weak-form efficient to be semi-strong form efficient? We are taught to answer the question according to the phrasing provided, yet this question seems to use "at a minimum" incorrectly.

Can someone provide their input? 80% of the people who answered got it correct, so I feel like I'm David fighting Goliath here. Thank you.

https://preview.redd.it/bke8mpghmfbh1.png?width=1752&format=png&auto=webp&s=d47bba04de3a86f9bbb9239c97b861382912f8b7

https://preview.redd.it/sh970avimfbh1.png?width=1700&format=png&auto=webp&s=7c80038d7315538de96f0cc6c30733dabe19121d

hi all, does anyone know why the answer is not B? I thought for immunization we should minimize portfolio convexity as well, Asset port Macaulay duration should be close to liability but exact match is not necessary. Thanks!

Would it be better to do cfai qbank after each reading and then do kaplan after each topic or the opposite? First time doing the exam so idk which is better to practice and since cfai u cant combine readings like kaplan its kind of annoying doing one by one and not mixing ur questions up

I have my level 1 attempt in August. and I am stuck between the score like 100 to 110 in mock. any tips or advise can anybody give to clear my this attempt. its so stressful. I also done with my revision still my score is not going beyond that. pls help

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I just completed class 12th and joined some local government college for B.Com and was looking forward to make finance as my career and so for that I started learning excel and a bit of financial modeling and also thought of learning SQL and Power BI. There are so many options to study like FRM, CFA. So I just get overwhelmed by what to begin with and there is MBA also which I can do for corporate finance. I don't understand what shall I do. So I need guidance on what and how to after just passing class 12th.

Hello everyone, I’m planning to take the test on November 2026, I have completed a masters degree in Finance, and was graduated on December, I am familiar with all the topics except for Ethics and FSA.
Now my question is, is 3.5-4 months enough time for preparation or am I overestimating my knowledge?
Would appreciate if you had any tips regarding the matter, thanks.

Is anyone out here planning to start prep for CFA L1 For feb2027 attempt , ping me . Need someone to discuss things nd track the progress

I have my attempt on 24th aug and I am left with half of ci, half of eco, qm, eco , pm, derivatives, ethics, fi fsa

I wanted to ask what should be my next strategy to complete the syllabus by July , I am currently reading through cfa curriculum should I switch to schweser

And should I also just watch revision video from yt and if yes from which channel should I watch it

I am seeing more and more people saying that learning coding is a great boost and complement to the CFA program and the field in general. Anyone can give their opinion/ views. Also any tips or advice would be appreciated. Thank you so much in advance

Ok so I recently cleared my L2 and am confused registering between feb & august due to full time work. However my question here is generic but its regarding L3 difficulty. Alot of people told me L2 is the hardest, but those same people are telling me L3 is quite weird cause of the essay type questions. I want to have an idea regd how it is so i can prepare accordingly. Do u need to give the same time, effort and follow the SAME STRATEGY like L1 & L2 or does L3 require a different approach (eg like more solving or something)