Sunday, May 11, 2008

To the commenter re Quant/Stats CFA material

I just happened to be looking at an old CFA post and noticed a comment left in March 2008 asking me about the best way to study for the Quant section of the CFA. It is likely too late for me to answer this (given the pending exam date) but I thought I'd try anyway. Unfortunately, I don't really have any good tips besides using flashcards and just drilling the formulas into your brain. As you know, you have to memorize all the formulas for the exam. They are not given to you in the test. So it's just a matter of brute memorization. Understand what all the variables stand for, how they are related by the formula and how to solve for the unknown. Normally, I like to learn by internalizing the underlying intuition but that's not so easy to do with this material. The happy news is that the Quant section is a relatively minor part of the exam. If you can get the other sections down, I wouldn't worry about the Quant. Plus, you do not have to do brilliantly on every part of the exam to pass - trust me, I know this from experience.

Let me know if I didn't answer the original question ...

(Btw, I love taking your questions but will only see them if you leave them on a new post. So if you posted something awhile back that you never got answered, re-post on a recent entry :)
Good god, I should be in bed!

Edited: 5/11/08 - duh! Thanks, Samantha! I can't believe I didn't look at that option more closely. Comment away on any posts then, I'm all set up to get them by email.

4 comments:

Samantha said...

you can also set up your preferences (under settings/comments) so you get an e-mail whenever a comment is posted on your blog. That is if you want to!

Anonymous said...

You write so well. Not a single word seems extra. You must have had easy writing sessions for b-school. I am jealous :(

MaybeMBA said...

Ha. Well, I guess I got something out of 4 years of an otherwise largly impractical liberal arts education! ;)

Noelle said...

Did you experience buyers remorse at any point before or during your MBA?