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re: CFA designation.

Posted on 7/16/16 at 3:12 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/16/16 at 3:12 pm to
Considering random guessing gets you 33%, you didn't exactly blow it out of the water. Also, the third party tests are significantly easier than the actual CFA exam. However, you only need a ~65% to pass.

The real problem is that L1 is a cakewalk. It's just a trap to lure you into taking L2, which will eat your soul and then lead you to taking L3, which will turn a sane man crazy. Unless you have a super chill job where you can study a 2 or 3 hours a day at your desk, you're gong to give up a lot in your personal life.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37722 posts
Posted on 7/16/16 at 5:48 pm to
quote:

Unless you have a super chill job where you can study a 2 or 3 hours a day at your desk


When you are an actuary, you are expected to study 2-3 hours a day

I've had a good number of friends looking into CFA from actuarial. They definitely studied but got through pretty quickly
Posted by dragginass
Member since Jan 2013
2809 posts
Posted on 7/18/16 at 8:19 pm to
quote:

Considering random guessing gets you 33%, you didn't exactly blow it out of the water.


This isn't the OT. I wasn't boasting, bragging, or embellishing. I don't know if 55% without studying makes me a moron or a genius, my point was merely relative to my interest in the subject matter.
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