AuthorTopic: Just started prep....how long per study session?
dabbate
@2017-08-01 07:30:32
Good Morning All,

I just started studying for Level 1 with intentions to take the test this December.

I am only using AnalystNotes materials as of right now. My question is how long on average should I spend per study session?

I understand that material that you don't have as good a grip on you should study for longer, but I am just looking for a ballpark figure to make sure I am keeping pace. After one week of studying, I am not even half way through book 1, study session 2 so I'm wondering if this is reasonable. Thanks in advance!
jwaxx
@2017-08-02 22:30:32
There isn't a magic number for "each" study session.

If I can give you any advice, make a study plan and stick to it. This exam is about discipline. You need to make sure that you leave enough time to review the concepts.

Remember, there are 18 study sessions and 60 total readings. You want to make sure you get through the material with time left to review and practice.

So,

Lets assume you can confidently complete 4 readings per week. That would take you 15 weeks to complete the entire curriculum and approximately 60 days to review and do mock exams.

Also, I would recommend doing Ethics last and starting on Quantitative Methods.
TBB14
@2017-08-02 23:59:28
Assuming that you want to finish by mid-October (so that you can start on practice exams and reviews), you have 80 days to finish 18 Study Sessions; thatâ??s 4.5 days per Study Session on average.
soodmail
@2017-08-03 15:07:22
There is not an exact answer to your question, because each candidate is unique in that sense. Also, different readings take different time. Discipline and good study plan is, in my opinion, critical for success in the study process (i.e. on the exam). However, you can't plan everything in advance and you need to adjust your study plan along the way. That brings additional challenges.

It is imperative you do the CFAI questions after every chapter you complete. As it says, the CFAI questions are required reading (and doing). IMHO, the best questions to prep from.

Don't think you can finish your studies and then use the CFAI questions in the last few weeks to help refresh your memory. They're much harder than the Schweser EOCs. I remember spending 3-4 hours on some sections just to complete 20 CFAI questions. You'll panic if you leave these to the last month.

Did you get a formula sheet from AnalystNotes? When you write your exam, you'll see every third person cramming from their formula sheets before the test. They'll all fail the exam. That has to be internalized long before. Being able to memorize a formula is useless if you have no idea how to use it.

Looking at you, Bayes Theorem.

CFA Discussion Topic: Just started prep....how long per study session?

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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.
Andrea Schildbach

Andrea Schildbach