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Enough time for June L1 2020 vs Dec 2020?

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  • This topic has 4 replies, 4 voices, and was last updated Jul-20 by jaapjaap.
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    • jaapjaap
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      Forum Level 1 Summer Associate
      17 Jul 2020 at 6:28 am
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      Hi everyone, I’ve been following the blog and wanted to ask if it’s a good idea to sign up for June 2020 now, rather than December 2020? I know L2 and L3 are in June so I’m keen to make it for June 2020 to keep one year between exams, but wasn’t sure if there’s enough time to prepare enough.

      I’m a final-year university student so my finals will also coincide with June, so that’s another concern. 

      Thanks in advance for your advice!

    • barbtoksv
      Participant
      Forum Level 1 Summer Associate
      18 Jul 2020 at 9:50 pm
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      If your finals are in June I’d say go for December. It’s not worth trying to get your degree and pass CFA L1 – you’ll risk trashing both. It may not be the fastest route but it’s much more pragmatic.

    • artyeasel
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      Forum Level 1 Summer Associate
      19 Jul 2020 at 5:27 pm
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      I agree with @barbtoksv. Failing your final university exams will be much worse than failing CFA L1. It would have been better to try and take them in Dec 2019 if speed was a concern but that’s too late, so better to focus on doing one thing at a time and go for Dec 2020.

      Good luck for your finals and welcome to the CFA program!

    • Analyst0719
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      Forum Level 1 Summer Associate
      19 Jul 2020 at 9:48 pm
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      Depends on what your major in university is. If you’re a finance major then there is a lot of overlap so you can condense your time needed to study for the CFA. However if your major’s completely different then deferring to December may be a good idea.

    • jaapjaap
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      Forum Level 1 Summer Associate
      19 Jul 2020 at 10:30 pm
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      Thanks for the advice everyone. My major is in economics – not quite finance but I get the overlap thing. I’ll have a look at the syllabus and have another think.

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