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Direct Path to the CFA Charter is the ultimate guide to passing the Chartered Financial Analyst exams. This is no ordinary "how-to" manual for CFA candidates. Written by an internationally published author who passed all three CFA exams on the first try, this book is packed with real strategies that get real results. What tactics make the difference? How do passing candidates set themselves apart? Direct Path to the CFA Charter enables you to adopt the right methods and strategies to pass the exams the first time around. With actionable takeaways, sample study schedules, and unique tips for every CFA Level, this book is for the serious candidate who not only wants to understand the CFA Program, but succeed in it.�
Chapter List:
Part One: Answers to Big Questions
Chapter 1: CFA Program Overview
Chapter 2: Does Industry Experience Matter?
Chapter 3: The First Secret to Passing CFA Exams
Chapter 4: The Second Secret to Passing CFA Exams
Chapter 5: What Ethics Is Really All About
Chapter 6: A Quiet, Important Statistic
Part Two: Study Regimen
Chapter 7: The 300-Hour Trap
Chapter 8: A Study Plan from Start to Finish
Chapter 9: Curriculum Books or Study Notes?
Chapter 10: The Power of Flashcards
Chapter 11: Transforming Knowledge into Test Performance
Chapter 12: A Differentiating Practice Test Strategy
Chapter 13: Study Groups Are Overrated
Chapter 14: Read This When You Want to Quit
Chapter 15: Test Day Suggestions
Chapter 16: Putting It All Together
Level I, II, and III Recap and Sample Schedules
Test Preparation Resources
- Sales Rank: #170152 in Books
- Published on: 2014-01-03
- Original language: English
- Number of items: 1
- Dimensions: 8.50" h x .55" w x 5.50" l, .63 pounds
- Binding: Paperback
- 240 pages
Review
"Direct Path to the CFA Charter is�overflowing with excellent advice that I wish I'd known when I was in the CFA Program. If you're looking for real advice on how to pass the first time around, this is the answer."�-Michael Staruch, CFA
"This book is truly a CFA candidate's best friend and an indispensable guide at every CFA Level."�-Jason Huang, CFA
"Avoid struggling in the CFA Program and read this book instead.�It is woven together as an incredibly readable, clever book full of practical insights. You'll be relieved that you discovered it."�-Derrick Chapman, CFA
Most helpful customer reviews
26 of 29 people found the following review helpful.
A valiant attempt to prepare the daring
By Frank Review
So, whoever rates this book 1 star is obviously looking for a panacea. In contrast, whoever rates this book 5 stars went into the CFA program blind (or they are biased because they know the author). While this book is certainly not the holy grail, it is just as equally not utterly useless. In my humble opinion, this book deserves 3� stars--meaning it is definitely worth the read and I would recommend it to most. I would have given it 4 stars except pretty much half the book is filled with information that can be found (fairly easy, I might add) on the institute’s website. With that in mind, as one reviewer says, it is overpriced (yet another reason why the book did not yield 4 stars from me).
I do give the book some credit though because it does offer some valuable information. Particularly, the book provides tremendous insight for the ESL population. The author also provides sound wisdom in developing a strategy/study plan. In my opinion, the study plan suggestions are well suited for those who:
-do not have a written study plan (or at least an outline)
-are having trouble developing a study plan
-are unsure about their current study plan
-whose study plan drastically underestimates the comprehensive nature of the CFA program
A part from the above, my biggest takeaway came from Chapter 4: The Second Secret to Passing CFA exams. Other chapters of value (for me at least) are 5, 6, 9, 10, 11, 16, Recap + Sample Schedules, and Test Preparation Resources. I really like the intentions of Chapter 14.
Overall, it’s definitely worth the read. I applaud the author for her efforts and I commend her for her contribution to the CFA community.
7 of 7 people found the following review helpful.
An insightful guide to a strategic study plan
By D. Schweitzer
As a level 1 candidate for Dec 2014, I bought this book in April 2014 to prepare for CFA L1 studying.
I found out about the book through the 300hours.com forum, and since it was just newly published, I figured it would be a good investment. I was right.
The author gives a very brief outline of what to expect from the CFA as far as test format and exam procedures go. The best part of the book regards the general study tips that Rachel developed (she passed each exam on her first try) through her own trial-and-error process. She outlines elements that were most time-efficient in her own study plans, including her expert opinion on the different 3rd party providers she's used.
I particularly value the author's analyzing of each level's topic weightings, and how to interpret which topics to focus on.
Additionally, she includes a calendar template for each CFA exam level for overwhelmed candidates (like me) who don't know where to begin.
I spent the weekend reading and highlighting the book as soon as it arrived in the mail; it didn't take very long to get through thanks to the author's concise writing.
I had spent hours reading various CFA blogs before buying the book, so I was hesitant that I'd learn anything new. To my surprise, I believe that the biggest dividend I've realized is the confidence I've gained through developing a strategy from Rachel's guidelines.
I definitely recommend buying this book to anyone who is interested in taking the CFA exam. Read it early and develop your own plan well in advance.
Finally, I will come back and edit this review after I hear back from my L1 December results.
7 of 7 people found the following review helpful.
If you are considering the CFA Charterholder designation...............read this book first
By Scott P. Tochterman
This is an excellent, detailed blueprint for pursuing the CFA Charterholder designation. It is very easy to read and comprehend. Beyond a detailed explanation of the requirements and process associated with achieving the CFA charter, Rachel gives very specific guidance and advice on how to approach one's preparation for each exam........while leaving room for the reader to modify his/her approach based on their unique circumstances (i.e. work schedule, family obligations, etc.). Rachel comes across as being sincere and very humble concerning her own abilities (both assets and shortcomings), and realistic in terms of the expectations that a CFA candidate should have when initiating the process. While some information can be found elsewhere (as is noted by some of the other picky reviewers), there is plenty of unique insights in this book to make it worth well more than the cost to purchase. The suggested study schedules and calendars - unique to each exam - are worth the price of the book alone. The additional 200+ pages are essentially "gravy", as the old saying goes - and with plenty more to offer any candidate (Pre-CFA, Level I or Level II). I am so glad I parted with a few dollars to purchase this book, and it has truly helped me shape my approach for preparing to climb this mountain.
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