PASSING SURVEY | How many hours of study ?

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Danteshek

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Jan 06 - Sept 06

Six accounting courses at UCLA extension (no prior knowledge)

Oct 06 end of May 07

~500 hours. Read all the CFAI texts by End of Feb early Mar, gradually shifted focus to Schweser and then to practice exams.

Did CFALA course at USC.
 
I overstudied as well. I was a double major in accounting and finance and graduated last May (06) so I had seen everything before. I felt like I knew everything but was borderline on all my practice exams (book 6, 7 and CFAI tests) so there was still some doubt; however, 70%+ in all sections made me feel great! I would rather be overprepared...
 
I don't think anyone will believe me on this, but I will post anyways. Keep in mind I graduated a year and a half ago with a finance degree.

January - about 10 hours
February - at most 5 hours
March - at most 5 hours
April - at most 5 hours
May 1st week - ~5 hours
May 2nd week - ~5 hours
May 3rd week - ~10 hours
Last week before exam:
monday - ~10 hours
tuesday - ~4 hours
wednesday - ~4 hours
thursday - ~ 10 hours
friday - ~ 15 hours
saturday morning - ~2 hours

Total: ~90 hrs
 
I averaged about 2.5 hours per day beginning in early January. So, probably around 375 - 400 hours.
 
Started in december, finished by march then revision till april mid.
But i had no clue abt finance..so took much more time
total 400 hrs may be
 
How can you guys even keep a track? I might be sitting for 3 hours, but studied only for 2...Can't even count. But I pretty much studied for 5 months very seriously.
 
ruhi.

that is just an estimate. even i dont remember exact number of hours.
 
Who cares? His pass is as good as mine is as good as yours.

If someone tells me he spent 4000 hours of studying I'd say great work because if that's what it takes I'm pretty jealous of his or her perseverence.

In the end it doesn't matter if you pass with everything >70 or on the edge... if you pass you pass and that's the only thing that counts.
 
I read some pages in March and Feberary...

April: 12 hrs per week, 50hrs subtotal, I studied note 3 & 5 thouroughly.


May: intensive study: 14 hrs per day * 10 days (very effective and efficient)
others: 20hrs approx...
subtotal: 160hrs...

Approx. I spent 250 hrs on level I.

p.s.: Since I am an Econ graudate, I spent almost 0 on Economics...then I just got 50%-70% in economics...shame....
 
I studied about 60 hours on my own (Scweser)...
Did a 5 day schweser cram course... (another 40 hours)
Then spent 10 hours reviewing problems...

While I was doing this, I was in the second year of my MBA with a concentration in finance, and chose my electives based on the material on the exam... accounting, derivatives, etc...

And I have been working for Smith Barney for the past year...

Hope that helps.
 
First, I do not recommended what I did to anyone, this is very stressing !!!

But I saved a lot of time !!! (250-30=220 hours, that is a lot of money....)

Total Study Time : 30 hours, all between May 25th and June 1st, 4 to 6 hours each day !

Also, I passed without spending a single $$ on books, 20$ ebay notes pack only, don't want to make any publicity, but these packages are relatively good !!

Ok, I passed, my grades aren't good, but in the end I passed, this is the only thing that matters.

Don't even try this if your not a bachelor in finance or accounting !!!

Good luck to all !!
 
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