What are your studying Tips for studying the CFA

L1 is not hard, study well and you’ll be fine.
Ask this question when you get to L2 or L3
 
Start early, don’t get caught up if you don’t undestand a section. L1 is easier to game since you can still get 72 questions wrong and still pass.
 
Thanks for all your answers, indeed I am currently in my last semester of undergrad so everything I currently studying is also good for the CFA.
 
hi everyone. pls help..
i am plaaning for june 2013 level 1 exam…but my background is engineering in cs, and i have no such friend intersted in cfa, i have very confused about preparation and study notes…pls help guys..
my maill id is [email protected] and this same id is on fb…
i want to start prep and i dnt have any notes, how should i start??
 
pankajmittaljain wrote:
hi everyone. pls help..
i am plaaning for june 2013 level 1 exam…but my background is engineering in cs, and i have no such friend intersted in cfa, i have very confused about preparation and study notes…pls help guys..
my maill id is [email protected] and this same id is on fb…
i want to start prep and i dnt have any notes, how should i start??
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Sign up for the exam and you’ll get books.
 
overstudy is my best tip. They recommend 250 hours per exam, i say shoot for 400-500 hours. Failing early will make you want to quit.
 
L1 is quite easy when compared to L2 and L3. so it just depends on how good you prepared for your exam to do well, so study well.
 
former trader wrote:
overstudy is my best tip. They recommend 250 hours per exam, i say shoot for 400-500 hours. Failing early will make you want to quit.
Click to expand...
+1,000
1) Spend a lot of time preparing for the exam. If you successfully budget for (and actually study) 400 hours, you will have a tough time failing.
2) When you start out, most of your study time should be spent reading / notetaking and only a little bit with testing/quizzing. By the final months of the exam and especially your final weeks, you should spend almost all of your time testing/quizzing and very little time reading / notetaking.
3) Don’t try to cram your study sessions in all on the weekends. 2-3 hours, 3 or 4 weeknights every week. 3-5 hours most days on the weekend. You can easily do 15+ hours per week this way. If you attempt to not study on weekdays and cram in 15 hours over Saturday and Sunday, you will hate yourself.
 
Write up a study schedule so that you’re finished reading through the books 4-6 weeks before the exam. Use the remaining time for practice exams and additional questions. Do all the EoC questions again. Save Ethics until a week or two before the exam so it’s fresh.
 
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