|Author||Topic: Study Plan HELP!! Failed June, Retake December|
|Hey guys, I failed Band 7 in June and I am registered to take it again in December. I am having a bit of an issue getting back into the study process and I am seeking a bit of help here. I am going to give you all a bit of background of myself, my experience with CFA, and my plan moving forward? please give me some advice!
First of all, here are my results from June:
Corp Fin: 51-70%
Fixed Inc: 51-70%
I am a political science major who is not necessarily looking to get into Finance. I have zero experience in the field and when I started studying for level one I was literally starting form zero knowledge. Using only textbook and analystnotes pro package, I put in about 300-400 hours of study from December - June in order to hit band 7. My tests started in the 30% range and I raised myself to a 70% right before the test. I am confident that with the right studying schedule starting in September, and with 1 week off work right before the test, that I have a really good chance of doing it this time.
I am interested in CFA for a couple of reasons. One reason is that I find it genuinly interesting. Another is that I see it as just another short term goal to work on and improve myself. And, finally, I would really like to get an MBA from a good university one day but my GPA was quite low so I am hoping a CFA level one will improve my chances of getting into a good school by a lot when I decide to apply in a year or two.
Actually, I have a good job right now as the marketing director for a small company in Shenzhen, China and I see marketing as my probable career path in the future. Even if you guys think this is a waste of time now, I am so happy to try and do it because I love the challenege and the opportunity to improve myself, even if it is for no direct benefits.
Down to business?
Like I said, from zero knowlegde, it took me about 4.5 months and 350 hours of study to hit Band 7 in June.
My basic idea right now is to start in September and go over 1 three hour test every week until mid-november. I am hoping to get through 7-8 tests total (Schweser practice tests + 2 CFAI1 tests - last junes and the new one for december) by test date.
I want to simply ignore the readings totally this time and ONLY do the tests. I feel that this was the most important part of my study process last time and so maybe this is all I need to throw me over the top this time. Do you guys agree? Is there any other advice for me?
Sorry for the long winded post!
CFA Discussion Topic: Study Plan HELP!! Failed June, Retake December
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.