CFA CFA Level 1 Memorizing the thousand formulas…. Tips?!

Memorizing the thousand formulas…. Tips?!

  • This topic has 13 replies, 10 voices, and was last updated Apr-17 by Avatar of SnippySnippy.
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      There are about 8478392742934 formulas to memorize in total.

      How to go about that?! It’s pretty crazy

      (Level 1)

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      @lulu123 (moved to Level I category) 🙂

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      I’d add to @christine ‘s by strengthening your memory and application of these formulae by doing bucketloads of practice questions. It really helps identifying gaps in your understanding (if any), and reinforcing the concepts and formulae in your head.

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      @lulu123 practice is key, if you work through enough practice questions you’ll find that you start memorizing the formulas.

      There is no short-cut to get through all the formulas but after a bit you’ll realize that if you understand the underlying reasoning behind the formula remembering the formula is easy. Also don’t let the number of formula’s intimate you many of the formulas are interrelated so there are fewer than there seems!

      I printed out the Schweser notes and collected all their formula sheets crossed out the repetitions and rewrote them, you’ll find that there are a lot less than it seems.

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      @cfain80days

      that’s a good idea

      were the flashcards pre-made though? or you had to spend time making them

    • Avatar of Zee TanZee Tan
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        I use a flashcard app on my phone that syncs to my notes on my computer. pretty handy for when you’re waiting in line or during lunch breaks

        That’s pretty nifty!

      • Avatar of SnippySnippy
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        • CFA Level 2
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          Ah, a good set of tips right here, to remember all the formulas!

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          Hi @Argos7, thanks for the suggestion (+welcome to the community)! Quizlet seems to have great reviews, as @diya also recommended it too.

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          I use a flashcard app on my phone that syncs to my notes on my computer. pretty handy for when you’re waiting in line or during lunch breaks

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          There are two ways I used to approach this when I was taking the exams. I would either

          1. use the standard formula sheet that Schweser includes in their notes as a reference card, or
          2. make my own notes as I went along the study notes and practice exams.

          I prefer a combination of both, because with method 2, you retain more information as you wrote the notes yourself, but you may be prioritising the wrong formulas (e.g. you might be putting a lot of emphasis on formulas that aren’t that focused on during the exam). Sense-checking it with method 1 strikes a good balance.

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          Man the figure is quite overwhelming! I’ll keep the suggestions of @christine,@Sophie and @MattJuniper in mind. As i have to appear in dec2013 so have quite a time with me!

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          I´m doing my own formula sheet with base on elan guides but I sugggest http://www.quizlet.com this works for me.

        • Avatar of SnippySnippy
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          • CFA Level 2
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            @CFAin80Days This flash card app. Anyway we can know of this app and access it too? Sounds handy.

            I think someone else mentioned flash cards too earlier. Where can i get ’em?

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            I use cue-cards, and right the name on the front and the equation/constituent parts on the back. I then went through them on the train to work every morning.

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