Award-Winning CFA Test Prep in Richmond, VA

Varsity Tutors can connect you with a private Richmond CFA tutor or online courses that can help you work toward earning your license. The CFA is for individuals who wish to work in investments and help their clients with wealth planning and portfolio management. The exam consists of three separate tests that must be completed over an 18-month period after the first level is passed. The material covers topics you've likely learned while studying business or finance at schools such as Virginia Commonwealth University, the University of Richmond, or another nearby institution. However, it can be useful to revisit information if it's been a while since you've reviewed it. Whether you prefer to take an online Richmond CFA prep course or get help from a private tutor, you can get a more complete review than if you studied on your own.

What concepts will get covered during the Richmond CFA prep?

The CFA, also known as the Chartered Financial Analyst exam, is a credential given by the CFA Institute. In order to sit for the test, you must have completed a bachelor's degree, have a combination of professional experience in a position that relates to investments along with some college education, or have four years of work experience in a financial investment setting. The first test, Level 1, consists of multiple-choice questions, while Level 2 has multiple-choice and vignettes, also known as case statements, and Level 3 has essays and vignettes. All the tests have morning and afternoon sessions, with a break in-between.

During the Richmond CFA prep, you'll learn about the types of questions and topics you'll get quizzed about on the test as well as the layout. Since there's no penalty for guessing, it can be helpful to learn the best ways to use the process of elimination to work through the multiple-choice questions and carefully read the wording. Your instructor can help you figure out how much time to spend on each question, so you're not rushing through the test or taking too long to find the right answer. Knowing how to approach the exam can help you feel confident as you put your best foot forward in how you handle each question.

What are the benefits of the different types of CFA prep?

There are two types of prep that Varsity Tutors can set you up with: online classes or private instruction. Most students find one method appeals to them over the other. However, if you feel you would benefit from both, you can have classes and private one-on-one help. Either way, you'll receive accurate and up-to-date information from an instructor you can trust. Here are some of the different benefits of each type of Richmond CFA prep.

If you like to work with others while learning, you might enjoy an online Richmond CFA prep class. Here, you'll sign on to your computer and attend the class using video chat and a virtual whiteboard to learn and connect with the other students and your instructor. The Live Learning Platform makes it possible to make the most out of your class sessions without ever leaving home, offering all the benefits of traditional studies. Here, you can go over concepts such as Portfolio Management and Economics while getting immediate feedback and help in real-time. If you ever need help outside of the classroom, you can arrange with your instructor to meet so you can get one-on-one assistance.

If you'd rather have private instruction, you can work with a Richmond CFA tutor. When you study with your instructor on a one-on-one basis, you can spend your time as you choose. The instructor can create a lesson plan that is based on your strengths and weaknesses, and help you choose what to focus on. If you're already well-versed in alternative Investments but need additional help on ethical and professional standards, you can focus your time accordingly. Your instructor can even use methods that help you understand the material based on your learning style. For example, if you're a visual learner, they can use visual aids, or give a lecture to auditory learners. This allows you to make the most of your time together.

How can I get started with Richmond CFA preparation?

Whether you're interested in a class or individual tutoring, you can feel confident that your prep will be led by an instructor who knows the content and format of the CFA. With flexible scheduling and access to learning online, just about anyone can make time for prep. If you want to know how professional Richmond prep can help you do your best on the test, give us a call. Our educational consultants can help you narrow down which option is best for you. Get in touch with Varsity Tutors today.