Award-Winning CFA Test Prep in Ann Arbor, MI

If you are interested in taking the CFA, you may want to reach out to Varsity Tutors to sign up for Ann Arbor CFA prep. In order to take the CFA, you must have at least four years of experience in a career that involves making investment decisions and hold a bachelor's degree. The CFA is a credential that has been earned by approximately 150,000 people around the world. Having this credential demonstrates that you have a strong understanding of advanced portfolio and investment analysis skills. The exam contains three levels and you must pass one exam before you can move on to the next. When you sit for the exam, you will either receive a result of "pass" or "did not pass." The CFA covers a wide range of concepts related to investment. As such, reviewing as much as possible in this area may be a wise decision before taking the exam. If you could use some assistance during this process, you may want to enroll in Ann Arbor CFA prep.

What concepts can be reviewed during Ann Arbor CFA prep?

There are numerous concepts that can be covered during Ann Arbor CFA prep. While each level of the exam covers similar concepts, each exam has different question types. The Level 1 exam just has multiple choice questions, the Level 2 exam has a combination of multiple choice and short answer questions, and the Level 3 exam has a mix of short answer and essay questions. The content on the three exams can vary, but there are some topics that remain consistent. Some of these include quantitative methods, alternative investments, and ethical and professional standards.

Reviewing investment related concepts is obviously an important aspect of preparing for the CFA. But it can also be helpful to go over test-taking strategies that could make a difference on test day. However, there will likely still be questions on the test that you don't know. When this happens, you could just pick a random letter and hope for the best. But developing a strategy to eliminate incorrect answers based on context to give yourself a better chance at guessing correctly may be a better option.

What are the advantages of the different types of Ann Arbor CFA prep?

There are two distinct types of CFA prep: an Ann Arbor CFA prep class and private instruction. Many students pick one option, but there are some students who pick both. Whichever option you pick, you can receive quality instruction.

If you prefer learning with others, you may want to enroll in an Ann Arbor CFA prep course. You can learn new concepts and review old ones with your instructor. You can also engage in class discussions with your fellow students. This can be useful when preparing for the short answer and essay questions because your classmates may have insight into a different approach to portfolio management or financial reporting and analysis. It may also be valuable to work on developing an outline to save yourself planning time on the essay questions. If there are any topics you are struggling with, you can meet with your instructor after class to get extra help.

If you prefer learning in an individualized environment, you may wish to connect with an Ann Arbor CFA tutor. Your private tutor can adapt the way they teach to fit with your specific learning style. For example, if you are a physical learner, you can do activities with tangible objects. Private instruction can also give you more control over the pace of your sessions. If you are having a tough time with derivatives, you can slow down and really focus on that concept while not focusing as much on topics you know.

How can I get started with Ann Arbor CFA preparation?

Whether you are a college student at the University of Michigan or a working professional in the investment industry, you likely have a full schedule. You may have work, school, or family obligations that eat up a lot of your time. You may feel like there simply isn't enough time to study for the CFA. But Ann Arbor CFA prep can help because it is available completely online. You won't have to worry about how you're going to get to your prep session because you can attend it from your house, dorm room, or any other location where you have an Internet connection. If you are interested in enrolling in Ann Arbor CFA prep, contact Varsity Tutors today either over the phone or online.