I have completed 2 semesters of my MBA at UT Dallas. As soon as i came home from my Finance exam, I signed up for the CFA Level 1 exam. I was excited that I had done well and had learnt several new things during the Finance course. I had decided that I wanted to pursue the gold standard for Investment professionals. I received the study material in 5 days. The material includes 6 volumes that seemed heavier and more intense than any of my MBA textbooks. Anyways, I took a 10 day break after my semester to take a cruise to Cozumel, Mexico and then a trip to SeaWorld, San Antonio.
I started studying this Monday, May 19, 2008. I decided to start with Volume 5 : Equity and Fixed income. My rationale for starting with this topic is.
Volume 1 : Ethical and Professional Standards And Quantitative Methods s. Ethics is theory that i could read up later. I had just completed a statistics course this spring, that makes up most of remaining Volume 1.
Volume 2 : Economics. I am taking this is a MBA course this summer.
Volume 3: Financial Statement Analysis : Will take this as a course in Fall.
Volume 4: Corp Finance and Portfolio management : I just completed a Corp Finance course this Spring that I did well in and I am taking an investment management course in the Summer. Also, some parts of port management were covered in my corp finance course
Volume 6 : Derivatives and Alternatives Investments. : I did not want to start with the last volume.
I have found some useful blogs and online resources:
CFA toolkit : http://www.cfainstitute.org/cfaprog/resources/
Great forums here : http://www.analystforum.com/
Awesome blog http://luminouslogic.com/path-to-the-cfa
Good reference material http://www.angelfire.com/nc3/normancafe/StudyRoom_CFA_L1.htm
Another awesome blog http://financialrounds.blogspot.com/search/label/CFA
Hopefully I will keep posting as i progress in my preparation for one of the toughest certification exams out there.
Thursday, May 22, 2008
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