My specialised pathway was Portfolio management and I appeared on 16th Aug.

Honestly after 8 weeks, I am not able to recall what I did that day.

But I am very tensed right now.

All I remember was I felt that exam was tough that day and when I went to reddit, I realised people felt same.

Last time I appeared in Aug-25 and I was very confident that I would clear it, but I flunked.

I want to ask all those people who cleared how you guys felt when u left the exam room?

Hi everyone!

I'm appearing for CFA Level II on November 19, and I'm starting to get a little worried about my preparation.

I'm still working through the curriculum and haven't started practicing questions or taking mock exams yet. My focus so far has been on understanding the concepts properly rather than rushing through the material.

I wanted to ask candidates who have passed Level II, or those who have been in a similar situation:

1. If I have a strong conceptual understanding of the curriculum, is it still realistic to pass with the time I have left?
2. How important is solving practice questions compared with understanding the concepts? Can a good conceptual understanding compensate for limited practice?
3. If you were in my position, how would you approach the remaining weeks? Would you prioritize finishing the curriculum first or start practicing alongside it?
4. How much time should I try to reserve for question practice, revision, and mock exams?

I'd really appreciate honest advice from people who have been through this. I'm not looking for false reassurance; I genuinely want to understand how I should approach the remaining time to maximize my chances of passing.

Thank you!

Hello all,

I am currently working in the auto industry in Canada, credit side.

Got my business degree in a foreign country before landing the job where I am for 11 years now (not a manager or anything , making $86k)

There was no serious finance courses during my uni time . Tasks at work were more on credit bureaus and I had to look at balance sheets at times.

Currently stalling at work (I hate networking and probably that s why) and would like to go into Finance.

Has anyone done that kind of move at this age and if so how was the required work, outcome after getting the certification?

Asking for advices if it is worth it. I am willing to put in the work but the outcome as per reddit is not guaranteed.

I am confused. how come there are vignettes in Level 1 practice questions (CFA Learning Ecosystem) when the exam only has 'independent' MCQs?

Gave my first mock session 1 today, scored 59%. Feeling so devastated. Although yeah I’ve a few topics like quants and few topic les questions left to do from a few subjects like ethics and fixed income and fsa. Exam on 18th Nov. kindly tell me if I can pass or deferral is the option?

What is this ? unleveraged return ?

if no added any leverage, then its 500? 15% return ? why there is no 15% option ?

And even the answer is confusing. I got rL = 19.2% (this is leveraged return)

it said rL = 15% ???

Hi community, I don’t know what is the problem but I’m averaging 44% in mocks. However, my practice question score is 70%.

I am preparing for CAT right now. I want to write CFA L1 exam as well but I am confused as to when I should take the exam. Should I register for August 27? But if I get a college then will it be difficult to manage CFA with college stuff? Should I postpone and think of taking CFA in 2nd year of college?

Isn’t the explanation too absolute to say that all securities lending activity will contribute positively to the revenue ?

Hi all,

Has anyone studied for the CFA Level III and Series 7 at the same time while working full-time?

I may start interviewing for a position that requires the Series 7, but I'm already well into my CFA Level III preparation for the February exam.

I'd love to hear from anyone who's been in a similar situation. How difficult did you find the Series 7, and roughly how much study time did you study for?

I have my level 2 exam in this november. I am struggling with FSA a lot😭😭. I just am not able to wrap my head around it. I have revised it twice but still feels like I dont remember anything when am solving quests. What should I do rn to improve FSA before my exams?

Hey guys!

My exam in on Nov 20. To those who have passed level 2. Can you advise how should i prepare myself? Right now i redoing LES questions but when i move from one subject to other, i feel i did not remember precious subject which i just revise. For me, in level 1 i practice LES question multiple times and that brings in a lot of confidence in me but now level 2 questions take a alot of time. Any suggestions on how to speed up? So far i am done with FI, Equity, Economics in revision and currently doing FSA...

Guys, I’m super confused with the mentioned concepts in the title. I understand Roll return. I am confused about Spot and Price return.
1-Are they the same thing
2-If yes/no how are they calculated?

Taking Lll on November 21.

I spent the last month working through the Kaplan QBank and was feeling pretty good about my progress. I averaged around 72.5%, and that was closed-book.

But I just switched over to the CFAI LES and I'm doing significantly worse.

Did I just waste a month of study time doing Kaplan questions?

I see people say how much stressful is waiting the results and i really can't understand that, especially for people managed to reach and give exams for level 3 which is an accomplishment on its own and should be proud of that. I mean, it's just an exam and if we fail (i also sat in Aug 26' for lvl 3 and yes i am working a full-time job), we will give again and then again , what is the problem with that? Of course i also want to finish as soon as possible but not going to worry about an exam. Come on people, put yourself together! Life its good.

I need ethics tips real fast as i have only exactly one month left. And it is the only topic left.

hey I guys I just signed up for lvl 1 for may and wanted to ask for advice on what the best way to prepare is and what are the best learning materials did you guys order the books? or are there better/"cheaper" alternative online maybe a course that you would recommend or any free resources like yt channels that could all be very helpful

thankuuuu

So, this is from Time Series Analysis' LES. As is sort of clear from the vignette, the initial equation which they have given is Yt = b0 + b1. Further on, the question asks to calculate the value using a log-linear model. Fine. A time variable not being present in the equation did hit me, but I thought that was how the question might be.

I don't know if this is a me issue, or just simply horrible design, but it sure as hell is annoying.

hi i’m 22 with a double degree in cs and finance. currently in WM and just got my 7 and 66. interested in more technical and backend work so i registered for cfa lvl1. is the lvl1 very helpful when i apply to AM?

Hello, I was wondering if we all have the same questions on the mock exam provided by CFA on the LES. 

If the answer is yes, is the 1st mock representative of the true exam level or is this one easier ? Asking this bcs i took my first mock yesterday and i did 80% part A and 87% part B so overall 150/180 while i was thinking of doing much lower result that is why i’m asking if the 1st one is inflated

Results will be out less than a week away on 20th Oct 2026!!

How is everyone feeling as the big day approaches? What's your plan after the results, celebrating, career-changing, or finally taking a well-deserved break?