MemoryGiant.CoLearning That Sticks

MemoryGiant.CoLearning That Sticks

Welcome to Memory Giant. Whatever way one looks at the CFA Level 1 syllabus, there is a heck of a lot of information to memorise and you will probably have competing demands on your time as you prepare for the exam. As such in order to pass the exam, you need to be using your memory efficiently…

MemoryGiant.CoLearning That Sticks

…Association is one of seven memory principles that help to determine why you can recall some things but not others. What this means is if you can associate a particular experience with something else, you are more likely to remember it than if you are trying to remember the experience in isolation…

MemoryGiant.CoLearning That Sticks

…if that ‘something else’ is itself easy to remember and predictable, then you have the basis of an effective memory system which can be used to help you memorize vast amounts of information…

MemoryGiant.CoLearning That Sticks

…in order to help you make use of the association principle as you prepare for the Level 1 exam, we have created a virtual world which acts as an easy to remember framework which links together all the Learning Outcome Statements in the Level 1 syllabus. The result is that for any LOS you will have an easy to remember and predictable part of the framework which you can associate with that particular LOS and which will act as an effective memory prompt…

Law Courts with bullet holes (1st Location) –

Ethics and Professional Standards:

…the CFA-villeLaw Courts, represent the Ethics and Professional Standards part of the Syllabus.

After all the Law should govern how we all behave in society, so that is how it links to the Ethics and Professional Standards part of the syllabus, which should govern how we behave as CFA Candidates and Charterholders…

Law Courts with bullet holes (1st Location) –

Ethics and Professional Standards:

…since the Law Courts building is covered in bullet holes and gun rhymes with one, you have an image that allows you to link the Law Courts to the number 1, thus telling you that the Law Court is the first location in the village.

By associating the Law with Ethics and Professional Standards you can associate this image with a particular part of the syllabus.

Law Courts with bullet holes (1st Location) –

Ethics and Professional Standards:

When you use the Memory Giant materials that are linked to the Ethics and Professional Standards part of the syllabus, you will go into the Law Courts and explore them in more detail…

Law Courts with bullet holes (1st Location) –

Ethics and Professional Standards:

…inside you will find further locations which allow you create memory efficient prompts to all of the key content for Ethics and Professional Standards.

The Shoe with an equation price tag (2nd location) –Quants

…the Giant shoe has a price tag on it, but in order to find out the price you need to work out an equation…

The Shoe with an equation price tag (2nd location) –Quants

…as such this location represents the Quantspart of the syllabus.

You know it is the second location since two rhymes with shoe…

The Shoe with an equation price tag (2nd location) –Quants

…once again when you work through the Memory Giant materials associated with the Quants part of the syllabus, you will start from here, and then visit other linked locations which will provide a link to theKey content of the Quants syllabus.

The Eco-Gnome village in tree houses(3rd location) –Economics

….the Eco-Gnomes always wear Green hats to show they are eco-Gnomes. This part of the village is where the economics syllabus is covered.

You know it is the third location because the eco-gnomes all live in tree houses and tree rhymes with three.

The Accountants Office behind a huge door (4th location) – FRA

…the link here is that Accountants generate Financial Reports, so FRA is associated with the village Accountants Office which is found behind a large door.

You know it is the fourth location because Door rhymes with four.

Corporate and fine ants living in a Beehive (5th location) –Corporate Finance

…these ants are all very well dressed and wear ties, some of them wear bow ties and some of them wear business ties…

Corporate and fine ants living in a Beehive (5th location) –Corporate Finance

…this tells you that they are either Corporate Ants or Fine Ants. So collectively they are Corporate Fine Ants, they this location is where the Corporate Finance element of the syllabus is covered.

You know it is the fifth location because the ants all live in bee hives and hive rhymes with five.

Library on Sticks (6th location) –Portfolio Management

…the library holds lots of books and books can also be referred to as Portfolios. Therefore this is where the Portfolio Management element of the syllabus is covered.

You know it is the sixth location because the library is built on sticks and sticks rhymes with six.

Angelic Horses in Heaven drinking tea (Equine Tea) (7th location) –Equity

…Equine is Latin for Horse, so what you have here is is ‘Equine Tea’, literally horses drinking tea.

As such this is where the Equity part of the syllabus is covered…

Angelic Horses in Heaven drinking tea (Equine Tea) (7th location) –Equity

…you know it is the seventh location because not only are the horses drinking tea, they are all angels as well, and live in Heaven, and heaven rhymes with seven.

The CFA-ville Notice Board with cash pinned to it (8th location) –Fixed Income

…the Notice Board has some cash pinned to it, so this cash is ‘fixed’ to the Notice Board, as such this is where the ‘Fixed Income’ part of the syllabus is covered...

The CFA-ville Notice Board with cash pinned to it (8th location) –Fixed Income

…you know it is the eighth location because the Notice Board is on a plate and pate rhymes with eight...

The mine where the miners are also undertakers and bury bodies (9th

location) – Derivatives

…Not only do they conduct mining operations here, but the Mine doubles as a Graveyard.

So there are lots of bodies lying under the ground here. Therefore it is associated with things that are ‘underlying’ and is therefore where the Derivatives part of the syllabus is covered..

The mine where the miners are also undertakers and bury bodies (9th

location) – Derivatives

…you know it is the ninth location because mine rhymes with nine.

The Tattoo Parlour with the tattooed Hen (10th location) –Alternatives

…standing outside of the Hen Coop/Tattoo Parlour there is a large Hen with a tattoo.

Tattoos can be associated with an alternative lifestyle, so this is where the Alternatives part of the syllabus is covered…

The Tattoo Parlour with the tattooed Hen (10th location) –Alternatives

…you know it is the tenth location because Hen rhymes with ten.