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Hi everyone,
I hope you all are doing well and progressing in your preparation.
I have been searching the web trying to come up with an excellent strategy to prepare for CFA L1 as I am planning to take the June 2020 exam. So here’s my plan and I’d really really appreciate your comments.
Note: I hold a master in accounting but my finance & economics knowledge isn’t as good as my accounting background. I am only working part time and my hours are flexible. So, I can put 4-6 hours a day 5-6 days a week as I see needed.
Preparation Plan on a daily basis 5-6 days a week (Jan, Feb, March, & maybe first couple of weeks in April) :
First> Mark Meldrum videos for each reading.
Second> Read through Schweser notes (It should be faster as I already watched corresponding MM video). CFAI readings will be a back-up in case needed further explanation.
Third> CFAI End-of-Chapter Questions & Blue Box examples & Schweser End-of-Chapter Questions (if Schweser has EOCQ’s)
Review Plan (The rest of April, May, first week of June) :
– Schweser Secret Sauce
– CFAI mock exams & Schweser mock exams
I know the first section could take more time. But, I still have more in the review weeks.