Monday, December 6, 2010

Regular Membership

My application for Regular Membership was approved on 18th Oct 2010. However, I did not want to pay for the membership fee since I have not yet pass the Level 3. No point paying for the membership fee since I am not able the use the CFA designation without passing the L3 exam. I had confirmation for CFA Institute that I do not have a timeline to pay.

No calculation in LOS but EOC full of calculation?

Was studying Reading 22 – Allocating Shareholder Capital to Pension Plans. None of the LOSes require any computation nor calculation. Yet, the end of chapter is full of calculation. This is terrible. Can I trust the LOSes?