How to use CFA textbooks? What textbooks do you need to buy to prepare for the CFA Level 1 exam?

It is recommended that you look at the first and second levels and read the notes.

Regarding the review materials, "the essence is not much more expensive". The electronic version of the official textbook of the CFA Association is included in the registration fee when registering, and some people often struggle with whether to buy the paper version of the official textbook, after all, 170 dollars is not a small amount. The suggestion is that the first level of the textbook you buy is almost negligible, and you just need to be careful about notes.

After learning each session, if there are any knowledge points that you don't understand, you can view the corresponding content through the curriculum. In addition, many training institutions will have concise and practical handouts, when I first took the first level of the exam, I applied for the zero-based class of Gordon Online School International, and the handouts they sent helped a lot. There are many online CFA level learning materials, English, Chinese, there are such inductions, there are such summaries, in fact, there is no need to be too entangled, especially if you have limited time, let alone read for the sake of reading. Notes is very comprehensive, as long as you take a good look at Notes, you will have no problem.

Regarding the time of revision, everyone's situation is different, depending on how your foundation is, if you are a student and a finance major, 1 month is enough. If you don't have any prior knowledge and you're taking the exam on the job, it's a good idea to give yourself plenty of time. This is a typical case.

In addition, for non-finance majors, it does take courage to take the CFA exam, but interdisciplinary is definitely not the ultimate obstacle to refusing to apply for the CFA. Many things, as long as you take the first step, you will find that it is not difficult to go forward, and the same is true for CFA learning. At that time, I was also very entangled and unconfident, and finally made up my mind because I consulted the zero-based class of Gordon Online School International, and the poor foundation can also be made up for by studying hard.

When it comes to the time it takes to study CFA, the point of view is that "efficiency is not expensive". Start too early, there is no pressure, maybe three days of fishing, two days of drying nets, and secondly, people's memory curve lengthens over time, and in the end, it is likely that they have forgotten everything they have seen before, so they do not force themselves to start early, but once they start, they must maintain their learning state, maintain the speed of reading, and improve the quality of memory.

Be sure to do the questions. The effect of doing questions at the first level is the best, because the knowledge points are very scattered, and if you simply read a book, you may forget it there, and doing questions is the best way to memorize. I wanted to take the first level exam that year, just in time for a big project, working 18 hours a day, less than a month before the exam, the book was only scattered and read less than 1 book, I thought it was the end of the road, so I directly did the question and temporarily hugged a Buddha's feet, thinking not to be too sorry for the exam fee of hundreds of dollars, but I didn't expect it to pass.

Although the results are not very good, I am really glad that I can pass it. Therefore, before the exam, you must try to do as many practice questions as possible, and the last two books of notes have a total of 6 sets of questions, and if you have time, you can also do what you have done in previous years.

Now there are quite a lot of textbooks in China, first of all, the official registration of the CFA Association will have the original book, which is relatively thick, and it is not recommended for beginners. Then there are the exam essentials from more well-known foreign publishers, such as Wiley's Study Guide, Kaplan's notes, if you have money, it will be better to buy Wiley's, it is a publishing group in the United States, very large, publishes everything, and the financial class is also one of the best in the world, and it is also the official publisher of the CFA, which is closest to the original questions and examiners, and is very well-known abroad, but it is more expensive, and China knows less. Kaplan's is also good, but there is still a gap between it and Wiley in the UK, but it is much cheaper.

Then the choice is your own. As far as I know, many training institutions will also have their own handouts.

CFA English textbooks mainly include CFA Curriculum, Schweser Study Notes, and CFA Ethics Handbook. It is recommended that you mainly use the original book, and the original CFA book has an irreplaceable and important position in the preparation of the exam as the official textbook of the association.

Candidates who do not have a good foundation in English can read the Chinese version of the CFA textbook and use both Chinese and English. The CFA Chinese version of the textbook systematically sorts out the knowledge system at the CFA level in Chinese, turning obscure long and difficult English sentences into easy-to-understand Chinese sentences, so that candidates can significantly shorten the time for mastering professional knowledge, improve learning efficiency, and pass the test smoothly.

CFA is not intended to test candidates' in-depth understanding and application of English, so it doesn't matter if the English is poor, the correct mastery of CFA financial English words and knowledge is the key to successful passing.

Is the domestic CFA exam Chinese or English?

CFA Chartered Financial Analyst is a qualification from the United States, and since it is a global unified exam, even if the CFA is taken in China, it is an all-English exam, and candidates need to answer in English.

Is the CFA exam more demanding in English?

There are two sets of authoritative CFA Level 1 exam textbooks, one is the official textbook given when registering for the exam, and the other is the study notes issued by Laplan Schweser in the United States; Generally speaking, the most basic or required textbooks for the CFA exam are the CFA Curriculum, Schweser Study Notes, and the CFA Ethics Handbook. Candidates generally read the Schweser Study Notes first, and after studying each session, if there are knowledge points that they do not understand, they can check the corresponding content through the curriculum. For Level 1 candidates, it is sufficient to focus on the Schweser Study Notes at Level 1 to supplement the chapter exercises and ethics manual of the official CFA textbook.

CFA Official Textbook The official textbook is bound to the re-examination fee; There are fewer students who have to buy and use official textbooks to review the exam, because he is very thick, and a lot of knowledge is not included in the syllabus, which is more time-consuming; Study Notes Study Notes This set of books is the choice of most candidates around the world, it is written according to the syllabus and official textbooks, which is more suitable for exam review, and you can use this set of books for self-study;

CFA level 1 can not buy official textbooks, CFA official textbooks are divided into paper version and electronic version, of which the paper version of the official textbook can not be purchased, but the electronic version of the official textbook must be purchased.

The cost of the CFA electronic version of the official textbook is included, and no additional fee is required;

The cost of CFA paper version of the official textbook is: 150$, and the paper version of the textbook cannot be refunded after the order is completed. Sending paper textbooks may require additional import taxes and other fees, and if there is a customs clearance fee, the test taker will also need to bear it personally (20$ postage).

To prepare for CFA level 1, the teaching materials of the original book generally do not need to be read, as long as notes and Chinese intensive reading are enough.

Of course, if you want to lay a solid foundation at level 1, you can still read the original book. Thank you!

[CFA505]CFA retake can I do without the official textbook?