CFA CFA Level 1 To Purchase Schweser Or Not

To Purchase Schweser Or Not

  • This topic has 4 replies, 4 voices, and was last updated Aug-17 by Tony1101.
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    • wtcollison
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      Last year I passed the CPA exam using Becker. It would have been impossible otherwise. I watched the lectures, skimmed the book, and answered all multiple choice questions multiple times. In the end, I found that multiple choice questions had the greatest return.

      I understand the CFA exams have much more material and I’m very tempted to purchase Schweser but I don’t like the idea of spending all that money if I don’t have to. Should I consider this or not? If so, they offer multiple packages and I’m curious to hear what you think about which specific parts of Schweser packages are crucial and which are not. I’d rather listen to a lecture than read the material myself and I like to have multiple choice questions setup where you are immediately told whether you are right or wrong as soon as you answer. Please advise.

    • jimmyg
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      Some people don’t use any other providers apart fr CFAI. I don’t think that works for me though.

      What I used was to get the ‘basic package’ from schweser, notes and one practice exam book, and bought extra practice exams. Worked well for me so far.

    • wtcollison
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      Thanks jimmyg. How many levels have you passed using that method?

    • Zee Tan
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      @wtcollison I did the same as well. Used Schweser pretty much for all my levels, but I think CFAI has gotten better since then. I’d advise using the curriculum as a reference and for end-of-chapter questions, especially in L3.

    • Tony1101
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      In my opinion the condensed nature of the supplementary material is great if you have been exposed to some of the curriculum at some point. It is also a gigantic time saver. However, if you have very limited knowledge of the curriculum as a whole I would get both. Hopefully this helps.

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