CFA CFA Level 1 A study method that sticks?! (December 2014-L1)

A study method that sticks?! (December 2014-L1)

  • This topic has 9 replies, 4 voices, and was last updated Sep-17 by Anonymous.
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    • Anonymous
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      Hi,

      I am using Schweser and just finished Book 2 Economics.

      My study sessions and methods so far has been volatile as follows: Sometimes I condense the LOS into my own notes, other times I read the LOS and do practice questions on each LOS as I read through them, other times I read the entire Study Session and then do practice questions at the end. I find that I keep changing my ways each time and it doesn’t feel productive. I’m trying to find a study method that sticks and go with it.

      Especially moving forward towards FRA and Derivatives, I’d like to figure out a universal method that’ll work across all sections since they all vary in content (qualitative/quantitative).

      What worked/works best for you?

      Cheers

    • hairyfairy
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      I do study sessions, then try and do the concept checkers after that. I try and finish and soon as possible then do a practice paper, then depending on how I do I may continue doing papers, or do another quick review.

    • Anonymous
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      Thanks @‌hairyfairy Do you put in time to ‘memorize’ or find the repetition of the practice papers is enough?

    • Reena
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      hey @Substance‌ – I personally try to go through the material according to my study plan, if I have time to remember I would, but wouldn’t stress too much about it as my priority is going through the materials properly at least once. I will be exposed to my flaws later in practice papers, but I try not to stress about remembering formulae as those will come later, for now it’s just understanding the materials and finishing revision on time. Worked for me for 2 levels!

    • hairyfairy
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      @Substance‌ I find the practice exams help a lot. I do have to memorize bits (like GIPS, various formulae, etc etc), but the practice papers help prioritize and familiarize to the type of questions that can be asked.

    • Anonymous
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      Thanks @hairfair and @Reena‌ for your input. I think moving forward i will be investing more time and effort in reading the material and challenging the questions!

      Appreciate both your comments 🙂

    • Anonymous
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      @hairyfairy @Reena did you jump right into level 2 after level 1? And how difficult or challenging did you find level 2 compared to level 1?

    • hairyfairy
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      @substance I did L1 in June last year – so jumping straight in, but not as hardcore as the Dec 2012 people….

    • Sakshi
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      I usually go through a reading and mark points I think to be important or something I want to come back to while revising. Once I’m sure to have understood the concept, I solve the questions at the end. Also, I’ve realized that it’s futile to move ahead with a new subject unless all the concepts of the current one are clear. For that I solve multiple questions from the Schweser Q bank.

    • Anonymous
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      Thanks @Sakshi‌ I’m reading the los’s and condensing notes then doing the concept checkers and q bank afterwards!

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