Thursday, August 23, 2012

7 Reasons Why E-Learning is the Best Answer For CFA Exam Prep


There are lots of ways to study for the CFA Level 1 exam, but increasingly students are turning to online learning as a way to stay ahead of the competition. Your chances of passing the CFA Level 1 exam on the first attempt are only about 35 percent. That percentage is even lower if you are not a native English speaker or if you are taking the exam outside of the US or Western Europe.

Why are more and more students learning online instead of with books or classroom instruction? Here are seven key benefits.

1) Study on your own time. With online training, you aren't bound by a class schedule and you can study on your own time at your own pace.

2) No classmates to distract you. CFA study courses are popular, but a big drawback is that there are lots of fellow students to slow you down or distract you during the courses. With e-learning, you can study on your own and focus on what you need to learn.

3) Practice questions. The best way to pass the exam is to take practice tests and put get your mind ready for exam day. Online offerings include hundreds (or thousands) of mock questions in their question bank, which means that you can prepare over and over again.

4) No books to lug around. With online study you won't have huge textbooks or notes to carry around with you.

5) Interactive resources. E-learning courses use technology to help you learn better. This means giving you valuable feedback while you are learning and giving your diagnostic information about your performance on practice exams. You can't get that from a book!

6) Bookmark. Online courses are easy to reference and bookmark and you can jump quickly between sections. Since all of the course material is in one place you can learn at your own style and be very flexible in how you approach the material.

7) Cost. Did you know the average cost of study materials for the CFA is over US$2,000? Most online courses cost a fraction of that and will give you the same amount of information (i.e. the Candidate Body of Knowledge) as a long classroom course or series of expensive textbooks.

Some students find it useful to combine the benefits of online training with classroom tuition and books. This is a good approach to maximize your exposure to the study materials but it may be overkill. There is a tremendous amount of information to digest before you are able to pass the CFA Level 1 and online courses will provide you with all of it. So consider e-learning as a potential substitute for those books and other courses.

Good luck!




Alex Raymond is the Founder and CEO of Vast Talent, a specialized provider of e-learning for CFA and finance courses.

http://www.vast-talent.com

More CFA resources available at: http://www.vast-talent.com/en/courses_to_help_pass_CFA_FRM_PRM_certification_exams.html





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Friday, June 29, 2012

MBA vs CFA

Traditionally, MBA is the gold standard of business degree. In recent years, there was a growing trend and demand in the workplace for those with CFA but specified. A lot of people, one, are faced with confusing decision to do both, or possibly other. But what is the best choice what? Each of which gets you what, or combine it with another program, what is worth pursuing both the CFA and MBA? After reading this article, you must have thought more clearly as the answer to these questions.

Benefits of MBA

Master of Business Administration is the path of traditional education in the field of financial and corporate or many MBA. Investment banks for the development of top-class business school, trading companies, and corporate consulting, whether workers have been trained in the world's leading companies for decades. There is for this reason. While providing opportunities for career paths targeted in the second year to "focus", top MBA program, has been providing high quality, broad exposure to various fields of business traditionally.

Top schools, provides an impressive internship and networking opportunities to attract leading business leaders, to provide direct recruitment directly by top companies in all, probably the best, of all areas of finance and corporate opportunities. Exposure to various fields of business such as a broad range of financial, marketing, capital markets, such as business development is a strength of the MBA. Company to be successful for students, receive an overview of the "big picture" of a major component of all great.

At the same time, will be the study of "expert" in more specific areas of concentration in order to prepare them for career field / track specific in their attempts to pursue after graduation. The general nature of the MBA, which provides a great platform of knowledge that students are able to pull from his entire career.

Advantage of the CFA

CFA or Chartered Financial Analyst, compared to the MBA, is a far more professional degree. CFA will prepare students to pursue a career as a certain investment professionals. Portfolio management of these areas is most often, investment research, advisory services, investment banking. Specifying the CFA is considered to be more intense education in the principles and techniques of investment can be obtained by passing a series of three inspection difficult, than the typical MBA in general.

It is the employer training the most stringent in the skill sets this special candidate in the CFA, if an investment in the "concentration" of his candidates get is possible an MBA in order to achieve such training you can be assured that you have. This specialization, you can become assets of a specific job, CFA is not intended to give broad-based business education provided by the MBA. May not require a narrow CFA education If you are looking to operate in an area that is not focused portfolio of business development, investment and "and marketing is intense but brief.

However, when more people will get the MBA, get it, to "unique" as low as, CFA way, and for the serious student to 'Set yourself on top of the "crowd has become.

Both MBA, CFA or

Decision of whether to pursue both their MBA, or CFA, is dependent on the career plans of individual students and their goals have. Masters of Business Administration, has provided a great education in a wide range of business, chartered financial analyst, set the target investment career as you wish, providing specialist skills. It when it comes to investment analysis, such as portfolio and asset management, certain companies, as a more powerful education, please consider the designation of CFA.

Monday, January 9, 2012