Boston University CFP Course

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xbanker's picture
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Joined: 2007-01-21

Just starting theBU/Boston Institute of Finance CFP material. For those of you who took it in the past, how long did it take you to finish? Comments in general?

troll's picture
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xbanker's picture
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Have you taken the exam yet? If so, what were the results and how sure of them were you before getting notification?

troll's picture
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Joined: 2004-11-29

Nobody is at all  sure of the results when walking out of that exam. Nobody. Doesnt matter how good the course and review course you took is. Its just not that kind of exam.
Its about a 60% pass rate. How could anyone be that sure on an exam like that?
 
BTW, The review course you take matters much more than where you take the 5 modules.

Broker Fee's picture
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Joined: 2004-11-30

I'm currently enrolled in the Zahn review course. Seems to be pretty solid...I'll provide better reviews on it after I sit for the November exam. Right now my goal is to spend 15-20hrs per week between now and November totally engulfed in prestudy lessons.  Can't wait till I get a life again.

troll's picture
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xbanker's picture
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Joined: 2007-01-21

Thanks joedabrkr. Did you find the test bank CD to be of value? Boston Institute of Finance as well or different provider? BrokerFree, comments on your review course?

troll's picture
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Joined: 2004-11-29

I found the test bank CD ( i used Kier) to be excellent. Kier also included a lot of questions and pracctice tests with their review materials. After you go thru the modules, and ae doing the review, it is key to answe as many test questions as possible. I answered thousands and it eally helped.
 
I have heard of Zahn and from what I;ve heard they have an excellent reputation.

xbanker's picture
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Joined: 2007-01-21

I guess no one is ever 100% certain, although there are degrees. I was almost 100% when I hit the button after the last question on the 7, but on the 66 could have sworn that I'd failed miserably, only to be pleasantly surprised that this wasn't the case. Some tests just seem to have material out of the blue from what was actually presented in study materials, where others (no matter how "hard") are at least predictable. I'll pick up the Kier CD. I'm actually finding the presentation of the BU material interesting...I'm not getting reimbursed at work and haven't even told anyone I'm taking it; just for my own information. I've already gotten a couple useful tips that are by no means theoretical but business driven.

troll's picture
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Granby's picture
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Joined: 2008-07-30

Can anyone suggest a good prep course or study guide for the March '09 CFP test?  I'm just about done with the Bentley MSFP program but I'd like some books to review.  I noticed that Schweser (Kaplan) has a program with a test bank and study guides that looks good.  They are know for their CFA materials.
 

Does anyone have any good or bad info on the Schweser program?  I'm leaning towards self study since I've just taken about 10 classes in financial planning and tax.  Please let me know if there is a can't miss course - either in Boston or on the internet.
 
Thanks.

troll's picture
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Joined: 2004-11-29

I can only speak for my experience. I took the Kier live review, a 5 day intensive classroom review. They send you books and practice exams, 3 months before the class, and you spend the 3 months doing self study review. Then the live review, then more on your own. It worked for me, i passed the first time. But I'm sure others can weigh in with positive experiences from other review courses. As Joedabrkr said, what matters most if your own ability to immerse yourself in the stuff for a few months before the exam., If you do that, just pick any reputable well known review course, and you'll be fine.

ChrisVarick's picture
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Joined: 2008-09-04

xbanker wrote:Just starting theBU/Boston Institute of Finance CFP material. For those of you who took it in the past, how long did it take you to finish? Comments in general?
 
Hey xbanker, I just started the Boston University CFP course too. Is it just me or do the online modules seem too easy? I'm barely on course 1 and I'm sure the topics will get harder...but I'm hoping they didn't water down the material too much. How's your experience with it so far?

xbanker's picture
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Joined: 2007-01-21

I've finished 3 so far and have done all but the exam on the a 4th and 5th course. The only reason I haven't taken the exam yet on those two is because of a tech issue (apparently only on Mac?) where I can't see the reasoning for missed answers after taking it... I can do the courses anywhere but am waiting until I'm near a PC at another location to knock the exams out... I'm finding some classes extremely easy and some more difficult. I do believe the material is well presented and for the self directed driven individual it should be easy to complete the class much quicker and with more detail than an on ground situation. I believe the price, content, and general setup of the course were reasonable and I'd choose BU again even though there are numerous online options and one well regarded classroom option in my geographic area.

BSinger82's picture
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Joined: 2008-09-01

Thanks for the reviews gents. I will have to look into Boston University when that time comes around.

ChrisVarick's picture
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Joined: 2008-09-04

xbanker wrote:I've finished 3 so far and have done all but the exam on the a 4th and 5th course. The only reason I haven't taken the exam yet on those two is because of a tech issue (apparently only on Mac?) where I can't see the reasoning for missed answers after taking it... I can do the courses anywhere but am waiting until I'm near a PC at another location to knock the exams out... I'm finding some classes extremely easy and some more difficult. I do believe the material is well presented and for the self directed driven individual it should be easy to complete the class much quicker and with more detail than an on ground situation. I believe the price, content, and general setup of the course were reasonable and I'd choose BU again even though there are numerous online options and one well regarded classroom option in my geographic area.
 
Hey xbanker, did you actually read the book? Or did you just go through the online modules? The service rep told me there's about a 83% passing rate, which is not bad in my opinion.

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