- This topic has 11 replies, 8 voices, and was last updated Dec-17 by
Sophie Macon.
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@Sophie I used the CFA curriculum exclusively the first time I did level 1 and failed. I honestly believe the books were quite good and had nothing to do with me failing – I just entered a really busy period at work and simply didn’t have enough time to study. The second time for level 1 I used mostly Schweser and passed, but felt that the CFAI books were better (I did level 1 in June and December in that order, so the topics covered were exactly the same). I can’t comment on level 2 and 3 as I used mostly Schweser and rarely looked at the CFAI books.
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RaviVooda said:@sophie, for level-3 this time I have relied exlcusively on CFAI material except for the practice tests. I felt the material was way far better than Schweser. Especially for level-3 I think we should use CFAI material.
@RaviVooda would be interested in getting your detailed opinion on this! We’ve heard lots of improvement in the CFAI material and a first-hand account would be really great. Would you be interested in a guest post?
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So I signed up for Level 1 coming up this December.
I have 3 months.
Problem is, I have no background in finance whatsoever. Zero.
According to my schedule, I can afford to put in 450 hours. Is this enough? Am I wasting my time?
Also, given my non-finance background and limited time (3 months), do I go with the CFA books or do I use Schweser only?
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@urbanlegend179 , yes it’s enough. We normally say 6 months but that assumes a full time job. 450 hours is enough, and you should start studying now!
I’d suggest going for a third party provider like Schweser (a few more listed in Offers page), they will help you focus on concepts you need to learn in 3 months. The CFA curriculum may be too detailed and you may not have enough time to cover it for December
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