December 2010 CFA exam-study method effective?

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Heyyy :)
I have been studying for the December exam from May 27.I would like to know whether I can better my method of studying.

Everyday morning I study two readings of any book..I prefer not to get bored with one book so I do TWO chapters of any book or two different books daily.
and on the weekends I revise one chapter.each day so that I remember.
I'm doing the CFAI text book and not looking the reference guides such as Kaplan because I feel like the books skip stuff..probably doesn't so i thought I would use that for revision in the months of October and November.

I plan to finish the entire CFAI text by the end of July or beginning of August as I will be travelling.

Any help will be appreciated.
Thanking you all so much :)
 
I just wrote June exam so here's my tips:
- Don't bother with CFAI books (except for ethics), get a study guide and use the CFAI books as a reference. I started with the CFAI books but I couldn't retain much information and I ended up switching to Schweser in March. I felt Schweser did a pretty good job covering all materials. There will be for sure a few questions on the exam that you haven't seen/don't remember, but you can just guess and try to ace all the other parts
- The sections of the FRA and econ are connected. E.g. in FRA, you'll first learn about cash flow statement, then in subsequent readings you'll learn the impact on cash flow due to inventory, leases, etc. So you might want to read those together.
 
I'd suggest you use the Schweser Video series for revision at the week ends. There are 16 CD's in all. The videos are really helpful for revision. They cover everything in a little time.
Each reading in around 40 mins approx and they explain the key points in great detail.

Also, I'd suggest you maintain a book to note down certain points in FRA. FRA is as much about knowing the exceptions as you know the rules. In fact lay more stress on the exceptions and note them down reading wise.

Other than that you are doing pretty okay, but you should be doing all the End Of Chapter Q's from the CFA books and need to understand the complex ones rather than just cram them in.
 
Elan Guides look good, I'm trying them out. So far, I like the style, its bigger font and easier for me to read.

By the way, I compared the 2007 schweser with the 2010 and at least for econ its the EXACT same questions for the practice questions. Not sure that in a couple years you can change much for elasticity type questions.



Edited 5 time(s). Last edit at Friday, June 11, 2010 at 09:50AM by allegro-cpa/cfa.
 
I don't know about you but for me 2 chapters per day would be way too fast, especially for some of the FRA chapters.
 
Agreed, I stick to about one chapter per sitting. However sometimes when you've pounded back your 3rd energy drink and just want to keep going, there's times when two chapters isn't so far off. I agree though, retention stops after a certain point, despite the magical effects of heart stopping taurine.
 
I am appearing for December 2010 CFA level 1. I got Schweser material. I am going through the study notes. I have heard its a good idea to go through lot of practice questions. what is the best way to navigate through QBank? any suggestions would be of great help
 
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