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Not me just yet. I was a bit too late to register for this one. I'm looking to get sponsored by a professor at school so that I don't have to pay for it (not to mention I get study guides for free as well). Good luck d-f-n.
A good shower head and my right hand - the two best lovers that I ever had.
Good Luck Man! Be prepared to get your balls busted like you never had before. Seriously. Keep your cool because this test is going to neuter you.
1. Keep your chin up while everyone is losing their shit.
2. Keep an eye on the time. 3 hours goes by quick...and the second half even quicker.
3. I fukn hate quants.
4. Watch out for the ethics section.
5. Make sure you batteries are new on BOTH calculators your bringing in.
6. Your going to see A LOT of stuff that you never seen before in your study guides. ~ be prepared to say to yourself WTF many times.
You'll do fine. All the work you put into this will pay off. If anything, it's more of a mind fuk than anything else. You'll see people F this test up bc they panic.
realized that if i dont know it by know...i aint gonna.
not really worried about stressing out DURING the exam, once i start writing just gonna keep my head down and go like in every other exam i've ever writen; but before...thats a different story.
ohh, and the ethics and quant sections i've got down pat (minoring in stats has finally paid off). its the bloody accounting thats gonna bend me over. stupid capital leases and deferred taxes.
ahh its over. thank fuckin god. the most mentally draining thing i've ever done. the last 10 questions took me half an hour to do.
i wrote with 3900 other lucky candidates...i've never seen a more stressed out group of people. the look on some people's faces before the morning section started could only be described as deer in the headlights.
and you were right about them asking *obscure* shit, a couple of the questions had me guessing 100%.
i cant believe i have to wait till near the end of JULY to get my mark!! how bloody long can it take to mark multiple choice exams??
Cash Flow for Operations, Investing, and Finance. The CFA is a designation for a Chartered Financial Analyst. Takes 3 years to get and is on the of the hardest designations out there.
the hardest stuff was probably the asset valuation, as well as a bunch of really tricky ratio questions where you'd have to say how a change in accounting would affect multiple ratios. quant was a joke, econ wasnt too bad either, they did some cross rate q's and arbitrage. alot of people i talked to said they got raped by the ethics, but i didnt find them too bad. and ya, i can already tell the wait is gonna suck.
mmmmmm arbitrage! I absolutely love arbitrage - it's definitely what I'm aiming for when I finally graduate.
extremely high stress & hard to get into. be the absolute best in your class if you want that as a career. and expect to be out of it by the time you're 30 (especially if you're doing currency arbitrage).
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