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 Ethics: from 65% to 80% 
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Joined: 01 Mar 2013
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Hi guys!
What is your strategy regarding ethics? I have read the CFAI chapters, did all the EOCs and topical assessments, and I am averaging 67% (either 2 mistakes in a vignette, or a couple of 50% and 83% mixed together).
I desperately need to step my game up, ethics is 10% of the exam, and supposedly an easy topic. Anyone has some sound advice?


07 Jul 2015
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Joined: 01 Mar 2013
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Same here - I am in the same region. It’s frustrating because it is one of a few topics where I have seen zero improvement whatsoever.
I think I will just ignore it for now, do some practice questions and spend two days reading it again.


07 Jul 2015
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Joined: 01 Mar 2013
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Yeap same here - funny thing is I was in the same situation 6 months back in Dec. I just kept doing questions and scored well on the exam.
No strategy that I can think of
Let’s do this - how about we make a list of contentious issues/topics which are bound to create confusion?


07 Jul 2015
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Joined: 01 Mar 2013
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I was too for dec L1… it’s just a very frustrating portion of the exam because it seems out of our control.


07 Jul 2015
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Gurifissu wrote:
I was too for dec L1… it’s just a very frustrating portion of the exam because it seems out of our control.
Amen to that. How everyone keeps thinking it is a “given” or an easy part of the exam I will never understand…


07 Jul 2015
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Gurifissu wrote:
I desperately need to step my game up, ethics is 10% of the exam, and supposedly an easy topic. Anyone has some sound advice?
For me it’s just the opposite of an easy topic. It’s a nightmare.
If you know any topic by heart and you understand the material, you will know the answer even without lookin at the choices. But with ethics, I sometimes disagree with the supposingly “right” answer…
My strategy is to memorize the conflictive and frequently tested topics (periods of retention, name designation, amount of acceptable gifts, etc.), re-read the others a thousand of times, and pray.
Cheers up


07 Jul 2015
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Joined: 01 Mar 2013
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Come on guys what’re you saying - ok, ethics is not straightforward but it’s not THAT hard.
Doctors have successfully replaced a human heart with a pig’s heart so I think it’s more than reasonable for CFAI people to expect people who’re smart enough to tackle FRA, Equities and Derivatives to be able to answer question on real life ethical dilemmas.
So yeah.


07 Jul 2015
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having just done a ‘live mock’ I’m changing my strategy a little. I found I had lots of time and often got tricked.
so.. I will be justifying why each answer is right, then choosing the best justification. (I just did ethics-Kostecka and got 100% using this method).
I also panicked a bit when the FCFF question seemed to take 15mins… but still had 45mins left at the end. So in summary, take your time, focus on each answer just as much as you do on the question.


07 Jul 2015
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onlysimon wrote:
having just done a ‘live mock’ I’m changing my strategy a little. I found I had lots of time and often got tricked.
so.. I will be justifying why each answer is right, then choosing the best justification. (I just did ethics-Kostecka and got 100% using this method).
I also panicked a bit when the FCFF question seemed to take 15mins… but still had 45mins left at the end. So in summary, take your time, focus on each answer just as much as you do on the question.
I also found myself with a lot of time left. Will be trying out your approach. Thanks.


07 Jul 2015
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Repitition folks- Has anyone honestly put as much effort into ethics as they have another equally weighted subject (corp fin/FI). Do 2 vingettes a day , either in the morning ,before bed or at lunch. (Old Mocks, EOC, Scweser EOC etc.) I don’t think the provider of material is crucial on ethics, but it’s about drilling the various concepts in a trivial matter because nobody retains such drab material simply by reading.
I’m in the same exact spot getting 66.66666666 on ethics like clockwork.
Get it.


07 Jul 2015
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