Completing the entire CFA program in 90 days

Wendy:
So you think 5 months is sufficient time to pass level 2 workinig full time with a family?
 
bchadwick wrote:
I think about all the material covered in the exams, and I don’t think very many people would knock them out in 3 months, or even 6.
Yes, plenty of people would pass in less than the 3-4 years it typically takes now, but if you think that 1 month of preparation or even two is going to be enough to get L2 out of the way (or L3), then I think you are massively underestimating what it takes to pass these exams.
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Woah, someone take note! bchadwick and I agree :)
 
Wildcat wrote:
So you think 5 months is sufficient time to pass level 2 workinig full time with a family?
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5 months is about 22 weeks.
300 hours / 22 weeks = 14 hours/week
That’s, say, an hour a day each weekday, plus 4 hours each Saturday, and 5 hours each Sunday.
I don’t think you’d see your kids much for those 5 months.
And for some folks without a finance background, 300 hours of study may not be enough to pass.
 
It may increase the pass rate but I think it is not enough time to absorb all the concepts and think on them from multiple dimensions. I believe it can impair the quality. Level II in December would have been a nice option though.
 
I really think that three months even at full time study will be hard to do. There is just not enough time to let things “simmer”.
 
Wildcat wrote:
Wendy:
So you think 5 months is sufficient time to pass level 2 workinig full time with a family?
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For some it can be more than enough… Everyone’s differnt - there’s no standard. Some people would be 1 month, some would by 9+months like a baby baby.
 
The_Next_Hetherington wrote:
I really think that three months even at full time study will be hard to do. There is just not enough time to let things “simmer”.
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Yea I’m with you. Let’s be honest, shoving like 6 books of material into your head every month?
 
So this is only a data point, but I have a friend who took level I in december and decided to take level II immediately in june. Things didn’t quite work out for him. This was a couple years ago. I think he’s on his 3rd time on level II. Just show how important not burning out and letting things “simmer” and “marinate”.
Upside could be finishing the program in less than 3 years. Downside, as observed here, could be continuous state of being in that burned - charred state.
That being said, there are very smart people that do this and complete the program in less than 3 years. Kudos and congrats to them.
 
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