CFA CFA Level 1 Best Way to Study

Best Way to Study

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    • Avatar of jackmcgibneyjackmcgibney
      Participant
        • CFA Level 1
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        Hi everyone,

        I was wondering what study habits some people are using/have used in the past that have worked. I purchased the Kaplan Schweser PremiumPlus package so I have the Schweser notes and the Qbank to do practice questions. Basically I wanted to see if you guys think it would be better to either A) read through all of the readings, take notes on what you feel necessary, and do the end of chapter concept checkers, then double back and essentially do endless practice questions for a couple of months before the exam or B) read through one reading at a time then go through the practice questions then double back and re-read through whatever you need to brush up on.

        I think it would be best to go through all of the readings, get a general understanding of the concepts, terms, formulas, etc then crank out as many practice questions as humanly possible for the months leading up to the exam. I think option B would be very time consuming and would leave me with less time as test day approaches to go through the material in which I may need to brush up on.

        Just wanted to hear everyone’s thoughts and see what you guys are all doing as well. Thanks everyone

      • Avatar of jthimmichjthimmich
        Participant
          • CFA Level 2
          Up
          4
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          “I think it would be best to go through all of the readings, get a general understanding of the concepts, terms, formulas, etc then crank out as many practice questions as humanly possible for the months leading up to the exam. I think option B would be very time consuming and would leave me with less time as test day approaches to go through the material in which I may need to brush up on.”

          Completely agree with the above. Option B sounds time-wasting, would definitely back Option A, that’s what I used for L1.

        • Avatar of excelmonkeyexcelmonkey
          Participant
            • CFA Level 2
            Up
            4
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            Plan A all the way. Slow progress is a real threat in this game and quite a few people I know ran out of steam halfway because they were too unrealistic about how they wanted their ideal approach to be.

          • Avatar of Anggi1025Anggi1025
            Participant
              • Undecided
              Up
              4
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              Hi All, I’m Anggi and totally overwhelm with CFA Level 1 materials! Even finding the Ask Question here is overwhelming me.
              I plan to join the Dec 2018 exam, previously June 18, but as time goes by, so does my confidence.
              I would like to ask your opinion:
              1. Quantitative is the first to dive, but I’ve been stuck with Statistics fod months. Should I go on with Quant or jump into another subject?
              2.The second is Financial Analysis and Reporting?
              3. What about the third and so on..
              4. Shall I read the whole subject of one book or read few subjects concurrently from different books?

              Thank you so much for your advice.

            • Avatar of dollfacedollface
              Participant
                • CFA Level 2
                Up
                4
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                Anggi1025 said:
                Hi All, I’m Anggi and totally overwhelm with CFA Level 1 materials! Even finding the Ask Question here is overwhelming me.
                I plan to join the Dec 2018 exam, previously June 18, but as time goes by, so does my confidence.
                I would like to ask your opinion:
                1. Quantitative is the first to dive, but I’ve been stuck with Statistics fod months. Should I go on with Quant or jump into another subject?
                2.The second is Financial Analysis and Reporting?
                3. What about the third and so on..
                4. Shall I read the whole subject of one book or read few subjects concurrently from different books?

                Thank you so much for your advice.

                Agree, this doesn’t make much sense to me. If you’re interested in registering and passing the CFA exams, start by registering for it. You have plenty of time to study for June 2018 so December 2018 makes no sense either. Once you register and get some study books, all your questions will be naturally answered.

              • Avatar of taratara
                Participant
                  • Undecided
                  Up
                  4
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                • Avatar of HallowedBeThyCfaHallowedBeThyCfa
                  Participant
                    • CFA Level 2
                    Up
                    2
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                    Can you please elaborate? I’m not sure I entirely follow. I’m really nervous too though. 

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