|Author||Topic: Any words of wisdom?|
|I've been frequenting this forum since I first started studying back in December, but this is the first time I've actually decided to write something. I feel from what I have gathered, there are a lot of individuals who visit this site that have completed or are in the process of completing the CFA. So, I finally decided it was time to pursue some helpful feedback.
I am a Sociology major so academically, I had very little background to build from. However, I do work in the financial services industry and I have obtained a few licenses (series 7, etc.) so I have some knowledge. I've been studying the CFA books for about 2 months- I read each book once and now I am going back through them and reviewing the basic questions on the analystnotes.com website. I do have quite a lot of time I am able to set aside to study. I probably get in about 6 hours a day and more on the weekends. What I'm finding most difficult is quant- specifically stats.
Although it does feel good to simply write this and vent, I'm really looking for anyone who may have some helpful feedback on how I can ensure the most efficiency out of my studying. Preferably those who have a similar background (I find it discouraging to get advice from those with accounting and advanced mathematics degrees because this is relatively simple for them). In addition, anyone who may have some insight on ways I can supplement my studying would be appreciated as well (seminars, books to compliment textbook, etc). Or if anyone has anything helpful to say, I'm all ears. Hopefully this can help others with circumstances similar to mine.
Good look to everyone taking L1 in June- I'll be taking it in San Deigo, CA
Thanks for all the helpful threads that have been posted on this website thus far
|Hi dude. Everyone has a different sort of studying style. I'm sure that after some 16 years of education, test taking is a familiar concept to you. You probably have some idea about what works for you and what doesn't, so use your best judgment in interpreting anyone?s advice.
You should do all the practice questions that you can get your hands on. AN review questions, CFAI practice exams and QBank are all good sources, particularly for Level 1. Practice questions are especially helpful in mastering the quantitative concepts - repeatedly applying math concepts is generally more effective for learning than just reading the book.
Anyway, good luck. Hopefully, you will find that L1 is not as difficult as it initially seems.
CFA Discussion Topic: Any words of wisdom?
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.