How do I plan my preparation for CFA Level 1 June 06?

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futurefinanceguru

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Hi all,
This is my first post here and I am impressed with the quality and amount of information available here.
I have a tech/engineering background and I am taking the Level 1 06 exam, but I only started preparing for it today - March 25th 2006. I have only two months to go and am trying to figure out the best way to cover all the material. I know the recommended time for preparation is 4 months, but I was late to register for the exam and to decide about taking it.
I would appreciate if folks could share some tips/suggestions for my study plan and which topics to focus more on and things like that. Thanks in advance.

(Future)FinanceGuru
 
Do you have ANY finance/accounting/economics in your background?

I hate to say it, but if you're starting from scratch you have a monumental challenge ahead.
 
DrToast, kilimanjaro,

I had taken a basic finance and a basic accounting course at the local university last year - and I got As in both of them. I think I have a good grasp of the Corp finance and FSA part of the cirriculum though it will need some refreshing.

Futurefinanceguru
 
postpone it to december man. I have an engineering background and i started in January. Its a smooth ride as far as quant and some of the asset valuation/corp fin part is concerned. But FSA. Eco and Ethics are a @#$%&!
 
Do you work full-time or will you be studying full-time?
 
you need to up the hours if you want to hit the recommended 250...which I don't think is close to enough for adequate prep and I was an Econ major. if you don't pass in June, at least you will have a good idea of what you need to do for Dec. Schweser seems decent, but the CFAI readings are extremely long, you definitely need a study guide of some sort. practice questions are key.
 
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