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re: Best finance/economics courses to take?

Posted on 2/23/14 at 1:39 pm to
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 2/23/14 at 1:39 pm to
Guess I just needed to hear it from someone else. It was just aggravating coming up just short.

There was only one topic that I did terribly in, so I feel pretty confident I can pass it. Just have to kick it back into gear and stop feeling sorry for myself.

Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/23/14 at 5:03 pm to
Honestly, if I were you, I might do some reading on the topic you scored poorly in, but my primary focus would be on doing as many questions as possible from now through exam date. The beauty of Level 1 is that it's all based on repetition. If you know how to answer the practice problems, the chances are that the problems on the exam will be largely similar.

Level II, on the other hand, requires you to show a greater understanding of the material, and is much more likely to include questions which intentionally trip up the people who don't actually think through all of the issues in depth.

So at some point, you actually need to know all of the material as opposed to just how to work the problems. But I'm one of those people who learn best by doing. I find working as many problems as possible "teaches" me the material better than the books or videos ever could.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42482 posts
Posted on 2/23/14 at 5:05 pm to
Redstick, is there any benefit to studying, taking, and trying to pass the CFA if you don't have a college background in finance? I would love to get into some finance related field post law school.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/23/14 at 5:37 pm to
Absolutely. The program has been likened to a masters in finance. Just know that it will be extremely challenging, but even more rewarding. I also have a J.D. The analytical rigor you acquire in law school should suit you well in finance.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42482 posts
Posted on 2/23/14 at 6:52 pm to
Golden advice, I appreciate it.

I knew you had a JD from some other threads. Are you currently in some finance type field? And did you have a finance background before law school?

Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/23/14 at 7:04 pm to
Yes, I work in finance now. And I didn't major in finance, but was interested in it from a young age. I was also able to focus on corporate and securities law in law school, which has proven useful.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42482 posts
Posted on 2/23/14 at 7:05 pm to
That's pretty awesome. I'm sure I'll be bugging you for advice in the future.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/23/14 at 7:14 pm to
Anytime, I've lost count of how many people I've bugged over the years. Happy to help
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