Articles

Is Maths mandatory for CFA?

Is Maths mandatory for CFA?

Yes you need to know Maths if you plan to pursue CFA. CFA has a subject called Quantitative Methods across the 3 levels of the examination. This Math is not trigonometry or geometry, but it is math which is used for investment analysis (Statistics).

Can commerce without Maths do CFA?

Re: Can i do CFA degree despite of not having Maths in Class 11th? Yes, you can do CFA degree despite of having Maths in Class 11th.

What kind of math is CFA?

in mathematics is not necessary to do well in quantitative methods, but having a background in statistics will certainly be helpful. There are around 28 to 30 questions on quantitative methods.

READ ALSO:   Can you be Christian in Silicon Valley?

Is there a lot of maths in CFA?

The math involved in the CFA program is not very advanced. Most of the math is in: Quantitative methods (probability, time series analysis, hypothesis testing, correlations, mean/variance analysis, cash flows, etc). Here is where you have the most of the heavy math, but it hasn’t have a lot of weight in the exam.

Are CFA exams open book?

The actual CFA exam isn’t open-book. So when you’re practicing for it, stick to the same rules. Practice at answering the questions without help: there’ll be plenty of time for review and learning up later.

Do I need prior Maths knowledge to clear the CFA exam?

You do not need prior maths knowledge to clear the CFA. You will be taught the required quantitative skills. You can do self-study but I strongly recommend you join prep classes as this will save you all the confusion. You will need to build a base. You can try these classes in Pune, Maharashtra, India.

READ ALSO:   Is Canada a safe country to study?

How tough is CFA exam compared to CA exam?

CA and CFA are equivalently tough. One requires you to be theoritically intellgent and other asks you to be practically intelligent. You can for instance take Accounts and Costing/FM as a highlight of CFA in the CA curriculum. However passing exm is not as tough as CA.

What is the scope of Maths in CFA L1?

Maths or in the CFA program quants is a compulsory area. In L1 you will have TVM( time value of money) ,DCF and its application, some probability concepts, hypothesis testing and basic statistics concepts.

Can I do an MBA in finance without math?

Yes, sure! The math involved in the program is not that complicated. You will have some math, like when you price a derivative or make a cash flow. But it’s not rocket science. Yes you can but there’s a separate subject for mathematics across all levels and there’s no hiding from it.