Who should take the CFA exam?
All persons who wants to do their majors in Finance or wish to describe themselves as relationship manager, financial consultant, portfolio manager, investment banker, risk manager, research analyst, chief investment officer, corporate financial analyst etc. Concorde recommends students to take the CFA exam as soon as they are eligible.
How many exams will I have to take to become a CFA?
There are three required levels of exams with one exam on each level.
When & Where are the exams held?
Exams are held in locations around the world in June (all levels) and December (Level I only).
What is the format of CFA level 1 examination?
Exam includes morning and afternoon session. The level 1 exam questions are all multiple choices.
What is the simplest formula for success in the examination?
- It is recommended that you begin your exam preparation 3-4 months prior to the exams.
- You might have to curtail your leisure activities just this once…a miniscule price to pay for the rich rewards you will reap on successful completion of the course!
- Remember that your goal is to complete the exam successfully so that you can start preparing for the next level, Therefore, maintain your schedules.
- With the Concorde advantage on your side, you can rest assured that half the journey is already undertaken!
Do mnemonics and other tricks work?
Mnemonics may help you at times. But, Concorde sincerely believes that you should not just 'memorize' the material, but 'learn' it.
How difficult is the CFA exam compared with equivalent Indian exams?
The CFA exam is relatively easier. The CFA exam tests you on basic concepts. As the CFA exam is predominantly objective, the focus is on understanding rather than memorizing.
Does the Concorde CFA Review cover all the topics in the syllabus?
Yes. The Concorde CFA Review comprehensively covers all the topics specified in the CBOK Content Specification Outline (syllabus).
How are the Concorde CFA Review live classes conducted?
- The Concorde CFA Review sincerely believes in understanding of the core concepts rather than memorizing;
- Therefore, for each topic, a qualified and experienced faculty first gives an overview;
- This is followed by a visual presentation explaining, in depth, the concept and finally;
- There is a question and answer session to test the candidates understanding of the topic;
- If a candidate has any doubts, these are also clarified immediately;
The above process makes the Concorde CFA Review classes extremely interactive and interesting for the candidates.
What are mock exams?
The Concorde CFA Review conducts SIX live mock exams for each batch. These exams are conducted under an examination environment. In addition to live mock tests Concorde CFA Review will also be providing FOURTEEN online mock tests. The purpose of these mock exams is not only to test the candidates' knowledge but to give the candidate an idea as to how the final exams are conducted and to motivate the candidates to study harder.
Does Concorde offer online assistance?
Yes. Concorde has a team of qualified and experienced CFAs who will reply to all queries received by email, telephone or fax.
I need to discipline myself to stick to study schedules. What is the best way to do that?
- Discipline is very important as far as study schedules are concerned.
- Procrastination often happens before beginning the very first module/study set and then, it might be too late.
- One effective method of disciplining yourself is to enroll for the Concorde CFA Review.
I am 48 years old and out of college for over 25 years. Can I take up the CFA now and pass the exam?
Very much so! As the exam tests you on basic concepts, rather than your memory, experience in fact helps in grasping the issues.
Will guessing in the exams work to my advantage?
If you do not know the answer, guess work will make your process faster and simpler. However, it does not make sense making wild guesses. If at all you opt to guess, make an educated guess. Try and eliminate other answers, so that you can increase your odds of guessing correctly.