|Author||Topic: December 2016 Level 1 study plan|
|I just want to gauge the feasibility of my study plan for CFA Level 1 to be sat this December.
The major constraint is that I'm also sitting the Technical Integration papers of the ACA (United Kingdom accounting qualification) in early November so one month before the CFA. That will eat up my entire October where I will be doing virtually zero CFA studying.
As such my plan that I've been thinking of is:
Within the next couple of weeks start reading through the materials. AnalystNotes and Sheweser first and possibly the CFA study manual as well. Then start doing question practice and mainly focus on that.
Then take a bit of a break as I do my ACA exams and then (about 4.5 weeks before the CFA):
- First 2.5 weeks: try to go through the materials one more time. I'm estimating 2h per workday for 13 working days and 8h per weekend day for 4 weekend days ~ 58h total.
- Last two weeks I've taken off work, so with weekends (less one day for something else I have to do) that gives me 13 days at say 10h a day (I know it sounds long but I have studied from 9 AM to 11 PM in university ~ 130h.
So month before the CFA 180-190h of studying.
I'd say maybe another 100h at least over the summer, though this will be running somewhat parallel to my ACA studies at times.
Which brings me up to the 300h recommended total.
For the record I've also done finance at university and obviously an accounting qualification as well so I don't see there being too much stuff thats that brand new to me (aside from ethics that is).
What do you guys think, does that sound reasonable?
CFA Discussion Topic: December 2016 Level 1 study plan
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.