Hey guys, I’m new to this forum, and I just registered for the Level I exam that’s happening in June. Can anyone answer some basic questions for me and give some basic tips?
1) I downloaded the CFA Curriculum books for Level I, how should I approach them? There are 6 books and they are roughly 700 pages each, do I need to read them all cover to cover, or is there a more efficient study method that you guys have found?
2) As far as I understand, there are other alternatives to the CFA Curriculum books that come with your registration. Any recommendations? Should I use them along with the books that I downloaded, or are they just better by themselves?
I appreciate any help. Thanks!
@Pahtsan I recommend kaplan. PM me if you think you are going to go that route, the Q bank is a good source to see your retention. I can give you 15% off of a code i have. Makes the essentials package come out to around $550 with shipping. Personally I’m a big notecard guy. I study note cards physically and have quizlet on my phone to run through them when I am out and about. Below I included a breakdown of my study and what I intend on scoring based on weighting and ease of points. I started with quant and then went to FA because I need to review those the most, seeing as I use note cards I wanted to give myself the most opportunities to review that material. I personally have the following breakdown:
Section Focus Area Focus Area Rational Weights Questions Target Score Contribution to Total Score Calc Calc Calc Ethics Yes High points/low time commitment 15% 36 85% 13% Quantitative
Yes High points 12% 29 85% 10% Economics Yes High points/not too difficult 10% 24 85% 9% Financial
Reporting and Analysis
Yes High points/very low time
20% 48 85% 17% Corporate
No Low points/pretty easy 7% 17 50% 4% Equity
Yes High points 10% 24 85% 9% Fixed
Yes High points 10% 24 85% 9% Derivatives No Hard material/low points 5% 12 50% 3% Alternative
No Low points/pretty easy 4% 10 50% 2% Portfolio
No Low points/moderate difficulty 7% 17 50% 4% Total 100% 240 n/a 77%
Edit. The table doesn’t format. PM me you want the excel lol
Might be worth having a look through the guides written by Christine and team: http://www.300hours.com/guides
It’s quite common to use private prep providers like Schweser or Wiley. I used Wiley for L1 and L2 and Schweser for L3, but now there are quite a few good other providers as well. I definitely preferred them over the curriculum for L1 and L2, the curriculum however was more useful in L3. I self-studied but some like to take classes – LA should have some, otherwise you can take them online as well.
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