CFA Exam Prep - Real Case Study
By Our CFA (Chartered Financial Analyst) Exam Expert, Tom Lee
How Lee Passed All Three Steps of the CFA Exam, on his first try.
I think you'll agree with me when I say:
It's really hard to pass all three steps and levels of the CFA (Chartered Financial Analyst) exam on the first try.... right?
But what if I were to tell you, we can help you get accepted pass the CFA exam - every step - on the first try?
Well, it's not as hard as it sounds. Are you serious? Well, yes…. our CFA test prep and tutoring can help you master your CFA examination, on the first try.
Yes, but sure to read this entire article about the CFA exam to the bottom... and you'll find out how. And if you have questions about the CFA examination... let us know!
Today you're going to learn about how Lee, who was already an associate within the financial industry planned on upgrading his career (and life status) by passing the CFA exam. He's one of only 20% of all CFA exam-takers who passed all three streps on their first attempt. Lee lives in NYC now and works for a big investment bank; he received a more than $100k bump in his salary and now enjoys the honored title of "Chartered Financial Analyst" by the CFA Institute.
Lee's story is a real case study from the Top Test Prep CFA exam prep team.
We're so proud of Lee's CFA exam score results that he allowed us to share his story today. So, if you've ever heard of the "CFA" also known as the "Chartered Financial Analyst" by the CFA Institute then you want to read this story and share with your friends and family.
...And because we want to help you pass your CFA on the first try too, we're also going to give you three extra steps to help you prepare for this rigorous examination.
In this case study on the CFA exam, we'll also walk you through a detailed analysis of how, you too, can prepare for the new CFA exam with our books, practice exams, and "best" CFA test prep courses.
Included in this article are "TOP" Secrets for CFA prep:
....so make sure you read all the way to the bottom and contact us Too!
How To Prepare for the CFA - Lee's Story.
Lee always wanted to work within the banking and investment management industry.
So in college, Lee registered for all the prerequisites: Calculus, Math I and II, Accounting, Micro and Macro Economics, and Financial Analysis and Accounting. Though he thought these courses would make any future examination, that much easier, he was wrong.
After applying for investment management and banking positions his junior year, while at Cornell University, he was accepted into a summer associate position. Lee worked at a well-know investment advisory firm that summer, made a decent salary, and then took the company up on their offer after he finally graduate from college.
At first, all was going well. Lee was making more than $125,000 per year and had a $25,000 bonus after his first year ... and he was only 24 years old. Then one day he had a conversation with his supervisor ... a guy who's title always included the acronym "CFA." Lee was curious, what did "CFA" mean? Well, the supervisor explained that, "the Charted Financial Analyst exam was the hardest thing I ever took." Lee was perplexed, he had attended an Ivy League School, and no exam had ever given him trouble. "But was the CFA exam worth it?" he asked his supervisor... to which he responded, "not only was it worth it, I'm making more than $500k per year now that I've got my CFA and I just turned 30."
Thus, Lee went to work... he searched online for a practice CFA exam. Found one. Took the exam. And failed the practice exam. Even though he was smarter than his peers, studied hard in college, and always had done well on exams (like the SAT and APs), Lee quickly discovered the CFA exam was a different kind of beast. So how could he prepare? What could he do?
First, Lee put together the BAD statistics on the CFA Exam:
Less than <50% of all test-takers pass the CFA Step 1.
Less than 20% of all Test-Takers pass all three steps on the first try.
The CFA CAN REQUIRE up to 2 to 3 years of your life.
CFA's work 1.25x more, once they get the title!
*Then the GOOD Statistics, that made it worth it.
Anyone who passes the CFA exam, sees an average of $75k+ salary increase... in the first year after their examination!
Wow. The CFA passage rates were extremely challenging. How could Lee pass his CFA Exam?
After researching the CFA Exam further, Lee realized that in order to get pass all levels, he would have to beat 50% of the other test-takers, three different times.
Could he do it?
However, he Lee had only 4 months to prepare for Level I of the CFA, and little test prep guidance... until he took the "World's Best CFA Prep" Course.
Lee had just graduated and was searching for top-rated exam prep, but also flexible in scheduling so he could continue his full-time jobs.
Even if he had the motivation, intelligence, and drive to succeed, the CFA examination was one of the most challenging exams in the world.
....So He found our course on the CFA Exam.
"The World's BEST CFA Prep Course" - Wow, for real?
Yes, ranked by U.S. News and several education publications.
When Lee called our test prep company, he asked three questions: "what's your CFA passage rate?" and, "how soon could we get started with your CFA exam?"..."And how many hours per week should I study for the CFA exam... what's required?" The good news is that we had the answers not only about the CFA exam, but also could crush the national average passage rate.
We get these questions about the CFA quite often, but in Lee's case there was a sense of urgency because of his intense workload outside of preparation, which we understood. After all, the CFA exam is the most important exam that any student in their post-academic "careers."
Ok, so you're wondering... of course, this is the part where you tell us how great your program is and how within X days he got an 100% increase in his score.... wrong!
In fact, Lee struggled on his second CFA practice exam (remember he already had taken one practice exam before). When he enrolled in our CFA prep program, he took more than 3 practice exams before seeing any meaningful increase in his CFA scores.
Here's an Honest (and Interesting fact) about OUr CFA prep:
More than 493 students (last year) have taken our CFA course and it took on average more than 3.5 weeks before students saw a 18% increase in their CFA scores. It does take time, but our course will make it happen for you, just like we did with Lee.
Why are we telling you this?
Because our client satisfaction and CFA results are the highest in the industry, and you need to know it does take time... but we ALWAYS get the job done, right. And students will be satisfied with the intensive CFA prep, combined with a flexible option to study and take practice questions on his or her own schedule.
When you get accepted, like CFA did, to the best dental schools... because of our CFA prep and your hard work, you'll never forget the people and CFA tutors who helped you prepare. That's another fact that we've seen many times as we prepare students for the CFA examination.
Now hERE's WHAT's on the CFA Exam (a quick sheet to print):
Once Lee took the actual CFA exam step 1, step 2 and 3, he passed each level because he prepared rigorously for all of the following subjects, starting with Level I, which included the following:
We'll tell you in a little bit about how he accomplished such an amazing feat... i.e. studying for Level One and passing on his first try.
...And now, you're wondering, what worked to increase his CFA scores?
Here's what he knew, that you NEED to know about the CFA Exam...
How Lee did it... who, what, and how long did he prepare?
The simple answer for CFA Candidates?
Hard work... and...
Top-Ranked, Experienced CFA online prep +
Our amazing CFA tutors + Tons of effort on all sides.
= 95% first-time passage rates with "Top Test Prep's World Best CFA Exam Prep."
After Lee took 7 practice CFA exams, more than 8,800 CFA practice questions, and all of his 1080 minutes of private CFA tutoring, he beat the odds of passing the CFA exam on the first try. But it wasn't luck, it was again... hard work and by taking our "World's Best CFA Course" - see below how to sign up for this CFA course.
But don't listen to us... hear from Lee himself about our CFA test preparation.
"The CFA exam was the most intimidating exam of my lifetime. Even though I went to an Ivy League school, I was afraid. All I heard were war stories and failures... until I took the Top Test CFA course. Thank you so much, I passed.. Every level on the first try. You guys rock."
And now, we'll share some helpful CFA prep tips for you too...
You Must-Know these Steps to Prepare for Your CFA Exam:
Step #1: Create a custom study plan for YOUR CFA Examination:
Making a custom CFA study plan makes all the difference. Whether we help you or not, make sure you're studying at least 15 hours per week leading up to the actual CFA exam. You should focus on the CFA exam prep practice questions that are easiest first and then gradually increase in difficulty until you can handle beginner, intermediate and advanced questions with ease. You can, and will, master and improve your quantitative questions on the CFA as well, but your CFA study plan must be perfectly executed.
Step #2: set a flexible schedule that works for YOUR CFA Preparation:
Having a flexible schedule - i.e. one that balances your core school work with your extracurricular activities and your CFA test prep is so important. That's why we built our CFA prep on-demand course. With our on-demand course, you can watch videos about the CFA exam and prepare anytime you need with this course we reviewed below.
Step #3: Set a goal to achieve every two weeks. And don't break it.
Every two weeks, you should accomplish something new on the CFA exam. Perhaps it's understand more corporate finance or economics questions, or even being able to read verbal passages 3x faster. Whatever your goal - small or big - achieve it by setting goals and reaching them.
Step #4... Oh, and Anh took the World's Best CFA Prep Course.
The CFA prep course in which every CFA candidate enrolled had the following:
All-Access to Best Investment Bank, Financial Advisory Rankings.
All-Access to "Best CFA Prep Course Videos."
8,800 Real Practice CFA Questions.
5 "Best" CFA Test Prep Books.
Unlimited CFA Practice Exams, Graded.
Bonuses, We've Added:
+ 1,080 Minutes One-on-One, Private CFA Tutoring.
+ 90 Minute Session with an actual CFA (licensed and certified).
+ 24/7 VIP Support for Both CFA Tutoring & Admissions Help.
Here's an ACTUAL Letter from Lee...
...who took the Top Test Prep CFA Course...Yes, we're proud of his success.
Frequently Asked Questions about this CFA course:
Who are your CFA tutors?
Our CFA private tutors are all trained, professionals, dedicated to helping students see major breakthroughs in exam scores. All of our CFA private tutors have scored in the top 1% for the CFA exam and have attended/graduated top colleges and worked at great investment firms.
What's the passage rate for CFA exam takers, Level I, II, and III.
All are less than 50%, and Level II and III are typically around 30 to 45%. However, the good news is our passage rate is 95%.
Where are your CFA tutors?
Our CFA private tutors are all based in America. They meet our clients online in an amazing one-on-one, online room built by our partners. It's much better than having to commute, and easier for you to work in the comfort of your living room, bedroom, or study.
How do you have so many real practice CFA questions? Where'd you get them?
We have so many real exams because we've been preparing students for the CFA exam for more than 15+ years. We've compiled these CFA actual questions from hundreds of past tutors, instructors, as well as from the CFA group that administers this examination (The "CFA" by CFA Institute). We also have partnered with other top CFA prep companies and use some of the best resources and materials available.
How do you have "unlimited" CFA practice exams?
Our unlimited practice exams promise is this... we have more than 20+ CFA exams in our database. The record for most number of CFA practice exams any student has ever taken in 10+ years is 16. That's right, 16, real CFA exams. If you take all 15 practice CFA exams, we'll literally write a new CFA exam just for you. It's entirely possible, and we're ready for the challenge. After all, the better you score, the more likely you are to recommend our company to your friends :).
How does the process work after we signup for your CFA course?
There are three steps to the process. (1) Once you sign up by paying online for the CFA prep course, we'll send you immediate access to your secure CFA prep login, (2) Once you get access, we'll call and explain the process and walk you through, step-by-step, everything you need to know, (3) We'll ship your books and schedule your CFA tutoring, (4) Monitor your CFA prep program, and (5) We'll check in once every month with you.
Do you have an CFA score guarantee?
100%. That's right. We have a 100% satisfaction guarantee. If you complete all of the CFA test prep videos, complete all practice questions included in the CFA prep course, and take more than 5 practice exams (graded) and aren't satisfied, we'll allow you to take the course free, again. The good news: this has happened three times in the past 5 years, out of thousands of students who prepared for their CFA examination.
How Can You Sign Up for the "#1 CFA Course?"
- All-Access to "World's Best Banking, Investing, Financial Firm Rankings."
- All-Access to Levels 1, 2, and 3 Exam Q & A.
- All-Access to "Best CFA Prep Course Videos."
- 8,800 Real CFA Practice Questions, including top books.
- 6 "Best" CFA Test Prep Books.
- Unlimited CFA Practice Exams, Graded.
+ 1,080 Minutes One-on-One, CFA Private Tutoring.
+ 90 Minute Session with #1 Leading CFA Expert (Essays, Application Review, and Med School Interview Prep).
+ 24/7 VIP Support for Both CFA Tutoring & Admissions Help.
+100% Score Guarantee (All Levels Passage).
Backed by our 100% guarantee.