CFA CFA Level 1 Falling Behind on Study

Falling Behind on Study

  • This topic has 3 replies, 4 voices, and was last updated Mar-18 by mike1984.
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    • TheLetace
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      I started ethics in December last year. Have read through all of Ethics, Quants I & II and am probably about 1/3rd through FRA. I have a good background in equities & portfolio management. I’ve fallen behind due to work commitment, and have probably only been able to allocate about 10 hours a week to studies (I hope to be averaging about 20 a week from here on in). I’ve found the material difficult (not impossible, but challenging). I’ve got a weeks worth of study leave to take before the exam. 

      Think I can make it?

    • LeChiffre
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      Get through all the material by mid- to late-April, then review, do practice exams, and fine-tune areas you need to improve upon and you should be ready. Set out a plan for every week between now and test day.

      Proper Prior Planning Prevents Poor Performance.

    • artyeasel
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      I’d advise to try and take a little bit of time off earlier on than the week before as well. If you take a week off before and realize you have a lot of studying to catch up on it might be too late. Also have a look at a practice exam early on as a sense-check on where you are in studies.

      @LeChiffre, have a like on account on your 6 Ps, made me smile 🙂

    • mike1984
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      I tend to over do the studying due to my pessimistic nature and feeling like I am less “gifted” when it comes to being able to retain large breadths of material for long periods of time. Having said that, as a point of reference for you, I started studying on 11/8/2014 and have to this day logged 315 hours of solid study time. I literally track it with a stop watch and stop it for any break I take; even if its 30 seconds to rest my eyes. I am half way through book 5 and want to have all all 5 books done by end of March so that leaves me 2 months of review, reinforce, review and reinforce some more with practice tests. I have also burned through my entire Qbank with Schweser, almost, but I have definitely gone through over 3500 questions to this day. Again, this is just a reference point for someone who knows that they need to put in more effort than most. I think I am on the right track though. Every Saturday I do a test on everything I have done previous and I average high 70’s low 80’s, expecting that to only improve going forward.

      As for your current state. I would be extremely nervous. Not trying to put you down but you really need to buckle down going forward and like suggested above, take more time off from work. I work 7-6 as an exempt employee and study at the least 2 hours ever day and 8-10 hours on weekends. This does not include audio notes I listen to at all times in the car driving to work which is 90 minutes everyday. I also use flashcards during my 45 minute lunch. Again, I am probably over doing it, but thats my nature.

      Good luck!

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