CFA level 1 exam failed: Top 5 Mistakes

I took CFA level 1 exam in November 2021 and I failed. It was heartbreaking. But I never give up and I am going to try again in May.
I wanted to share 5 main mistakes i did in case it can help you with your preparation.

Пікірлер: 104

  • @pjjin9012
    @pjjin90122 жыл бұрын

    In my humble opinion as a CFA charterholder, don’t be discouraged! Keep going! You will nail it eventually! Don’t study to pass but study for the sake of knowledge and enjoy the process of learning! Best wishes to you!!

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Exactly!! I keep thinking that with this second attempt it helps me to get all the material even better, and this is what I need for the future and not just a certificate! Thank you for you support

  • @juliomohammed8720
    @juliomohammed87202 жыл бұрын

    Thanks kate, I'm going through the level 1 in my first attempt and I practically did books 1 and 2 the same way you did, then I searched for better study practices and find out that indeed reaptition is key. Your video helps me reassuring that those old practices who seem logical at first, might not be the cleverest way to do it.

  • @guygoddard552
    @guygoddard5522 жыл бұрын

    Your failure will assist someone else to succeed. I’m currently about a year away from finishing my degree in finance and then I’ll be doing this. Thank you for the pointers.

  • @vickiliu4887
    @vickiliu48872 жыл бұрын

    Thank you for sharing this! I am in the process of preparing for level 1 and your video gives some really good advice. Good luck and wish you the best!

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you, I'm glad it was helpful! All the best with the preparation and the exam!

  • @Rilows
    @Rilows2 жыл бұрын

    Thanks and good luck in your exam! You’ll do great, greetings from 🇦🇷

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you!

  • @simonnadja2804
    @simonnadja28042 жыл бұрын

    Hi Kate. That`s ok, failure happens ! I wish you all the best for your exam in May !!!

  • @Rilows
    @Rilows2 жыл бұрын

    Thanks and good luck in your exam!

  • @akshaylahoti3947
    @akshaylahoti39472 жыл бұрын

    Hello Kate!!! Fully relatable coz I also committed same mistakes in lvl 1 and I'm also working on the same. Glad that u shared ur mistakes which is helpful for others too. All the very best 👍!!!

  • @Rushikesh.Lahoti

    @Rushikesh.Lahoti

    Жыл бұрын

    Hey Akshay, Can please help in guiding for My CFA level 1 exam like which coaching should I join or there is no need for that, from where to study, from where to start??🙂

  • @thewiseone0808
    @thewiseone08082 жыл бұрын

    All the best Kate, stay focused 😊

  • @science1343
    @science13432 жыл бұрын

    This is a great channel for CFA sample questions SCIENCE - KZread

  • @dianapistae5873
    @dianapistae58732 жыл бұрын

    Hello! Thank you for sharing your story. Good luck in your future career! 💪

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you! You too!

  • @sajeshkoovery3859
    @sajeshkoovery38592 жыл бұрын

    All the best for your next attempt

  • @TiavinaRakoto
    @TiavinaRakoto2 жыл бұрын

    Hi Kate, great video! I am a L3 retaker and found myself making some of the same mistakes you mentioned above. My recommendation would be to consider using a prep provider to supplement your studies. I used Mark Merldrum and Kaplan to pass both L1 and L2 on the first try. Best of luck on your CFA Journey!

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you for the tips!

  • @goldboateng8073
    @goldboateng80732 жыл бұрын

    Nice video Kate... Thanks for sharing this. You just got a new subscriber.

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you! it means a lot!

  • @anjaneya2745
    @anjaneya27452 жыл бұрын

    This video is worth! It actually "EVAPORATES"...

  • @faizalabizar4477
    @faizalabizar4477 Жыл бұрын

    Thankyou for sharing your experience! i plan to take the exam in May'23

  • @RamziItum
    @RamziItum2 жыл бұрын

    I failed for many of the same reasons! Writing in may as well! Best of luck with your exam!

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you! You too!

  • @uzairahmedmastoi1257
    @uzairahmedmastoi12572 жыл бұрын

    Same level 1 May candidate, these problems will need to consider, I am thankful.

  • @vishalshinde5252
    @vishalshinde52522 жыл бұрын

    It takes a lot of courage to stand up in front of the world and talk about your failures. I wish you the very best for your May attempt. There have been some major changes in Alternative Investments, Portfolio Management and Quant for 2022 as compared to 2021 so better look it up well before time.

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you for the support! Yeah, i went through the new topics in the curriculum and now just doing as many questions as i can.

  • @lcastillob3965
    @lcastillob3965 Жыл бұрын

    Thanks for sharing your experience.

  • @p308t6
    @p308t62 жыл бұрын

    Good luck for your next try...

  • @upstateNYfinest
    @upstateNYfinest Жыл бұрын

    I passed L1 (just missed the 90th percentile). Ur first point is mostly correct. Studying for L1 9 months in advance is a bad idea. On the flip side, only taking 2 months to prep for L1 is also a bad idea. Id shoot to start studying 4-5 months out from the exam. Considering that you are going for a second attempt, i dont think youll need the full 4-5 months to prepare for it. I would honestly just jump into the next available window

  • @missthuli2340
    @missthuli23402 жыл бұрын

    Calculator is a very important point. I am doing the calculations using the calculator and excel. I would get some of the answers using excel but not with the calculator...so I am still trying to navigator my way around using it.

  • @utkarshnahar1192
    @utkarshnahar11922 жыл бұрын

    Quick opinion: try using the pdfs, so that way you can quickly copy-paste imp points to your private notes. Should save a lot of study time comparatively. I’m appearing for level 1 in may too btw.

  • @jog.antani

    @jog.antani

    Жыл бұрын

    How did it go. Any tips

  • @animesh8787
    @animesh87872 жыл бұрын

    All the best ❤️

  • @daianecavalcante3773
    @daianecavalcante37732 жыл бұрын

    Hi Kate, thanks for the video and best of luck in the next 🪑, quick question those 3k practice questions you mentioned are included in the material provided by the CFA or did you buy it extra?

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Hey, thank you! They are included. Once you are registered for the exam you get the access to their learning platform and all these questions are there

  • @examary_com6436
    @examary_com64362 жыл бұрын

    Great video Kate !

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you!!

  • @kodiakgriz2296
    @kodiakgriz22962 жыл бұрын

    Stay focused you can do it...put in rearview .....I am a CFA CAIA CMT CIMA....if you want it , you will put work in and perform!

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you!

  • @kodiakgriz2296

    @kodiakgriz2296

    2 жыл бұрын

    @@KateInvesting absolutely ....quickly setting next attempt is indicative of your drive to accomplish ultimate desired outcome!.....

  • @jhh1451

    @jhh1451

    2 жыл бұрын

    This comment is a violation of conduct Standard 7 (B)

  • @tembaterencetemba295

    @tembaterencetemba295

    2 жыл бұрын

    You're a CFA lol. Right you are

  • @lokendraizardar1026
    @lokendraizardar10262 жыл бұрын

    All the best for your future exams. 🙏

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you!

  • @aqsaarif8174
    @aqsaarif81742 жыл бұрын

    Same level 1 May candidate, these problems were need to consider, I am thankful

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    happy it was helpful! Good luck with your preparation!

  • @katlegoduduetsangseodi1980
    @katlegoduduetsangseodi19802 жыл бұрын

    All the best for your retake!!

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Thank you!

  • @Itiswellfr
    @Itiswellfr2 жыл бұрын

    Best of luck to us this week!

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    You taking it this week too? Good luck!☺️

  • @mem9968
    @mem99684 ай бұрын

    The 12-C is definitely confusing to work with, I think it would take at least a couple of months to get used to it due to the notation.

  • @aset4712
    @aset4712 Жыл бұрын

    Thank you 🙌

  • @RAHULVERMA-st6pc
    @RAHULVERMA-st6pc2 жыл бұрын

    You should have at least 2 months left in your hand dedicated towards question solving and reviews and mock test

  • @ibrahimpanah3331
    @ibrahimpanah33312 жыл бұрын

    firstly thanks for your recommendation . wanna ask is it enough Curricilium tests from websites and Kaplan tests solely for the exam? stand alone they nearly are 5K

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    hey! i used only the CFA curriculum without any extra materials. I heard Kaplan is good but i think there are enough practice questions in the official cfa prep as well

  • @benedycto1898
    @benedycto18982 жыл бұрын

    "Just evaporates", I have the same problem. XD I'm preparing level 1 before enroling in the programe and setting up the exam date. but planing to pass it next year. And I'm taking notes also. XD Nevertheless, hope you got the CFA level I. Also was wandering, could it be possible to have a chat? I'm genuinely interrested and have some questions. :)

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    hey, apologies for the late reply and thank you for your comment! i hope your preparation goes well! yeah, sure you can message me on instagram - instagram.com/kate.investing/

  • @muskanjain3605

    @muskanjain3605

    2 жыл бұрын

    @@KateInvesting Are you on linkedin? Would like to connect with you there

  • @johnmctavish1021
    @johnmctavish10212 жыл бұрын

    Exact same case with me, Kate. Failed Nov 2021. Going again for May 2022. The mistake I made was not enough practice. I just went through the curriculum and it was not sufficient.

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    oh i totally feel you, same happened with me. I couldnt imagine there are so many questions to go through. And i also think you need to do the practice questions at least twice to make sure all the knowledge settles in. Best of luck in your preparation!

  • @johnmctavish1021

    @johnmctavish1021

    2 жыл бұрын

    @@KateInvesting Thanks for the suggestion, Kate. I'll keep that in mind. If I can't get them done twice, I'll at least try to finish them once and then revise the tricky ones out of them.

  • @shivamtanwar6065

    @shivamtanwar6065

    Жыл бұрын

    @@johnmctavish1021did u cleared?

  • @johnmctavish1021

    @johnmctavish1021

    Жыл бұрын

    @@shivamtanwar6065 No, I decided to go for August exam instead of May. My exam is now in another few days.

  • @shivamtanwar6065

    @shivamtanwar6065

    Жыл бұрын

    @@johnmctavish1021 all the best. FYI, i would be appearing in nov .

  • @adil4307
    @adil4307 Жыл бұрын

    Hi. Did you pass it now?

  • @collegedegreeisuseless8687
    @collegedegreeisuseless86872 жыл бұрын

    i take the exam in august right after graduating from uni. I only have 6 weeks but i am sure that is more than enough if you can study every single day

  • @ravitejamalisetti813

    @ravitejamalisetti813

    Жыл бұрын

    Bro did u pass

  • @mr.walmic5323
    @mr.walmic53232 жыл бұрын

    Hey where are you from ?? I mean which country?

  • @atangbingana283
    @atangbingana283 Жыл бұрын

    did you retake ?

  • @SabbirHossain-nw4zz
    @SabbirHossain-nw4zzАй бұрын

    Can you give me all practice questions... I'm thinking to sit for CFA level 1

  • @jacobkhan1237
    @jacobkhan12372 жыл бұрын

    Same here. Taking it again in August

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Such a tricky exam. Good luck with preparation!

  • @imaneab5630
    @imaneab56302 жыл бұрын

    Hi kate thanks for the advice can you please provide us with more infos where we can get the books ?!

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Hey! I have purchased the books of amazon as i wanted to start preparing before registering. However, if you are registered you get the access to the pdf versions of them

  • @EduardoGonzalez-nk7wo
    @EduardoGonzalez-nk7wo2 жыл бұрын

    Good video! Can you take any formulas to the exam?

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    No, you cannot take anything to the exam, only the calculator. Funny thing is that they dont even allow you to take the water to the exam room, you have to leave it outside

  • @dawoodwaris
    @dawoodwaris2 жыл бұрын

    3000 pages to learn, 3000 questions to practice. BLOODY HELL. I am rethinking myself now.

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Ahahaha sorryyyyy, but long-term is a very good investment and all the hard work will pay off

  • @premsinha9046
    @premsinha90462 жыл бұрын

    Even i failed in last attemt and appearing again in august.

  • @spaidalar
    @spaidalar Жыл бұрын

    wow u use HP12P... only legends use it... and we are the ones

  • @pankajpatil5285
    @pankajpatil52852 жыл бұрын

    Hii Kate How Many Hours Study Important In One Day By CFA Exam Clear

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Hey, they advise to spend 300 hours for the total preparation, so it depends how much time you have left before the exam?

  • @kritikaraj5158
    @kritikaraj51582 жыл бұрын

    Can u PLZZ tell the name of the calculator that u are using.....and very great luck for ur exams 😉

  • @pranavaloney918

    @pranavaloney918

    2 жыл бұрын

    hi kritika, just search for cfa calculator and you'll get the results!

  • @kritikaraj5158

    @kritikaraj5158

    2 жыл бұрын

    @@pranavaloney918 the calculator showing on Google is different from her calculator

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    sorry, just saw this comment, i use HP 12c Platinum

  • @kritikaraj5158

    @kritikaraj5158

    2 жыл бұрын

    @@KateInvesting okay .....thanku ☺️

  • @akshayrajput1751

    @akshayrajput1751

    Жыл бұрын

    Use BA II plus calculator easy and mast and her calculator is quite difficult lol

  • @Jaysihotiya
    @Jaysihotiya2 жыл бұрын

    We can do only cfa or any coure before that

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    Hey, you need to have an undergrad degree for the CFA but no special courses before it.

  • @dhruvgoradia4902
    @dhruvgoradia49022 жыл бұрын

    Hey.. i dont know if this is just for video ... but i also feel the same after my nov 2021 exam

  • @dhruvgoradia4902

    @dhruvgoradia4902

    2 жыл бұрын

    And im also giving again in nov 2022

  • @amanpatel8679

    @amanpatel8679

    2 жыл бұрын

    Hey ! I am preparing for Feb 2023 would you like to give me some advice I'll be really greatfull

  • @maxb5957
    @maxb59572 жыл бұрын

    Max was here

  • @akshayrajput1751
    @akshayrajput1751 Жыл бұрын

    Watching again 🤣

  • @beverlysynx1381
    @beverlysynx13812 жыл бұрын

    Literally, I am sure we both are same, seriously we think the same. I wanna meet you and talk with you...

  • @KateInvesting

    @KateInvesting

    2 жыл бұрын

    😍😍 message me on Instagram, we can chat there ☺️ kate.investing

  • @0401412740
    @04014127409 ай бұрын

    Any update on level 2?

  • @darshak5282
    @darshak52822 жыл бұрын

    Hello mam please give your Instagram because I am engineering background that much lots of questions 😊