Sunday, February 17, 2008

Completed! CFA Study Session 1, Ethics.

Finally finished up probably the most boring chapter in CFA Level 1. Ethics, Professional Standards, and Performance Standards.

Lucky for me, I have taken CMFAS Module 1A before, which basically talks about what you should do as an advisor in a capital markets context.

Not too different from the ethics and standards portion of CFA Level 1. In a 1 liner, put your clients and employers concerns first. However, some questions look tricky.. you've gotta know in a complex scenario, which standard exactly might have been compromised.

Moving on to the less wordy, more calculative portions. Quantitative Methods!

Since I've got some knowledge of time value, probability, statistics and technical analysis (which is essentially probability anyway) I hope to finish up study session 2 and 3 before 24th Feb

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