The CFA Investment Foundation is the world’s largest investment education and philanthropic organization. It has over 200,000 members worldwide.
The CFA Institute was founded in 1934 by a group of 22 financial professionals and educators. It is a global community of more than 120,000 people who share their knowledge and passion for finance. The CFA Institute’s mission is to develop leaders who will advance investment management excellence through education, research, professional development, and service to the public interest.
Tips for Passing the CFA Test with Ease
The CFA is the most recognized international designation for a financial analyst. It is an exam that tests a candidate’s knowledge of finance, economics, and investments. If you are thinking about taking the CFA exam, then these tips will help you pass it with ease:
• Build up your knowledge base by using the CFA Investment Foundation Study Material. Read up on topics like investing, economics, and finance. Get to know what topics are covered in the test by reading past exams and studying sample questions.
• Practice makes perfect – take practice exams! There are many free resources online that offer practice tests for the CFA exam.
• Take advantage of study groups – find a group of people who want to study together and make sure to meet regularly so you can stay motivated!
• Have someone to study with who is a CFA as well. This will help alleviate any doubts, and you can help each other study!
• Build up your knowledge base.
• Practice makes perfect – take practice exams!
• Get to know what topics are covered in the test by reading past exams and studying sample questions.
Some other important tips to consider are:
• Pre-study your course material
• Get organized
• Make sure to record your progress
• Know what to expect
• Be prepared for the exam day
• Have a support system in place (friends, family members)
• Write down all of your successes, so it becomes easier to keep the focus on what you’re studying
• Take breaks when needed
How to Get Free CFA Exam Review Materials
The latest CFA curriculum covers topics like corporate finance, investments and capital markets.
The updated curriculum is available in the form of the CFA Exam Review Booklet from the AICPA.
It is authorized by the CFA Institute to be used for preparation for passing the CFA level I exam and includes everything that a candidate needs to know to pass this exam. The booklets are also available in digital form.
The materials cover everything that a candidate should know in order to pass this exam. It is also worth noting that most of these materials come free of cost with no subscription or other fees required.
The Best Practice Resources for Passing Your CFA Exam
Best practice resources are not only a good place to start but also a great way to refresh your memory and learn new things. This resource is a compilation of articles and blog posts which will help you pass your CFA exam. Also, you can take help from the CFA Level Question Bank.
Research and study show that over 50% of candidates fail to pass the CFA exam. However, there are resources you can use to learn the content and prepare for the exam. In this resource guide, you will get some of the best resources to prepare for your CFA exam – books, articles, podcasts, websites and YouTube channels.
Summing Up,
The CFA (Chartered Financial Analyst) exam is a professional qualification in financial analysis. It is administered by the Financial Industry Regulatory Authority and the Association for Investment Management and Research.
The CFA curriculum includes topics and concepts that are useful in both the public and private sectors of finance, risk management, investment management, enterprise valuation, etc. To be able to pass this test, one must have a background in business studies as well as accounting.