How should I start preparing for the CFA Level 1 exam?

8 Tips to Help You Pass the CFA® Level I Exam

1. #1. Focus on the most-tested material.
2. #2. Don’t waste time.
3. #3. Develop a study plan six months before you take the exam.
4. #4. Take a prep course.
5. #5. Focus on concepts more than math.
6. #6. Practice…a lot!
7. #7. If you feel overwhelmed, study with breaks.
8. #8.

Is CFA study material enough?

Is CFA curriculum enough? This will vary depending on your circumstance, but we’ll try and give you a simple answer: it is unlikely, but possible. The CFA Institute curriculum has improved a lot, and continues to do so, but we would advise to use extra study notes and practice exams at the very least.

Is 3 months enough to study CFA Level 1?

CFA candidates usually start preparing from 6 to 4 months before their exam. However, this does not mean 3 months are not enough. On average, it takes about 300 study hrs to prepare for the CFA level 1 exam. To get those 300 hrs, you’ll need to devote around 22 study hrs per week.

Do you have to buy CFA books?

The Official CFA Curriculum. First, you need to know that the electronic version of the official CFA Level I textbook, also referred to as the curriculum, is included in your CFA Level 1 registration. In other words, you do not need to buy this unless you specifically want a printed version.

Does CFA provide books?

Physical CFA curriculum books (extra $299+ per Level): The CFA registration fees comes with the e-book version of the curriculum by default. If you prefer to have hard copies of the CFA curriculum books, you’ll need to fork out an extra $299 (plus additional shipping fee) per Level.

How to study for Level 1 of the CFA exam?

The Best Way to Study for Level I of the CFA ® Exam 1 Get into a Study Routine Early. Many successful CFA charterholders credit their study routine for their success taking the CFA exams. 2 Focus on the Exam Weights and Learning Outcome Statements. 3 Apply Concepts to Real Situations. 4 Learn How to Take the Exam.

Is there a 2nd edition of CFA Program fundamentals?

Download Your Free Copy of CFA Program Fundamentals eBook, 2nd Edition You should have a solid understanding of the CFA Program curriculum and how each topic is weighted for the Level I exam. The curriculum is updated every exam cycle, and all three levels of the exam focus on the same core topic areas.

What is the CFA® program curriculum?

The CFA® Program curriculum for the Level I exam is focused on the knowledge and comprehension of investment tools and asset classes, as well as portfolio management and ethical and professional standards. The exam covers the following 10 topic areas:

Are Charles Schweser study notes good enough for CFA exams?

Without any (or much) background in finance, the Schweser study notes might be ok, but unfortunately there is no substitute for thorough reading – hence, the CFA Institute’s textbooks will work best. Overall, just remember that context is key. Be real with your own educational/work background. When in doubt, stick to the CFA Institute’s textbooks.

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