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文件名:  CFA_L2_QS_2020_secured.pdf
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I believe people in this CFA community may be using English more often and English would be a better medium for overseas users like me to share things about my overall thoughts about taking a CFA exam.

First off, CFA is definitely TIME-CONSUMING, and it requires a tremendous amount of time to study. I personally spent more than the official 300 hours on the CFA Level 2 exam preparation, including the cancellation of CFA back in 2020.

Yet, I do think if you are interested in the equity research field like me (US broker), it would be a great material for you to pick up accounting and equity-related fundamentals, which covers quite useful content (including equity method/consolidation, valuation methods, etc). I believe this applies to other investment-related fields in either fixed income or derivatives. (but from what I heard, it might be not as useful for fixed income as for equity research, maybe you guys can share too)

I do think the purpose of taking the CFA exam is to self-elevate, as even though I graduated from business school while there is still a wide range of different topics covered in the CFA exam. And it is very solid proof for you to showcase how desperate you want to work in the investment field from the employers' perspectives, which indeed helped me secured some job opportunities.

To sum up, taking CFA is a huge sacrifice, which takes away a lot of your time with family and friends, enjoyment of life to chill out etc, yet, I think it is still quite a journey to explore and upgrade yourself. If you are already working in the investment field, I do think the exam itself is helpful but a bit too consuming. But if you have not yet tapped into the field, CFA would be a ticket to your journey.

The cheatsheet (covering almost everything but for study purposes) as attached and hope it is useful, and please feel free to chat on your experience below. Happy to meet you guys here, cheers.


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