Essentially I have made the decision to start studying for the CFA exam. I am currently working as a Forensic Accountant but looking to get into the finance industry and out of typical accounting. I have talked to friends in the finance industry and a couple have suggested studying for both the CAIA and the CFA. Has anyone done this and also what books would you suggest? It seems the Schweser guides are popular, do I need to also get additional books for the CFA. As far as the CAIA I have not seen much in the way of books. BTW I am planning to sit for the CFA in June 2006 and with my girlfriend a full time first year law student I have the time and motivation to study and do something with myself. Any suggestions would be greatly appreciated.
Answer:
Do you have a time machine so that you can go back to June 2006? Or are you just asking this question a couple of months too late.
I used Schweser. The books were OK -- but I didn't really look at them much. Instead, I just took practice exams to find out what I knew and what I didn't know. It pointed to the areas where I needed to study & told me where I didn't need to study -- so I was happy with the results (I passed Level one).
My opinion is that a few months of study is enough time for someone who already knows some of the material. You should think about the December 2006 exam.
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