Useful tips

How long does it take to prep for CFA Level 1?

How long does it take to prep for CFA Level 1?

roughly 300 hours
Passing the CFA Level I exam, which has a 42\% pass rate over the last decade, requires following a solid study plan. Successful Level I candidates spend roughly 300 hours preparing for the exam. The best strategy is to leave at least four months (approximately 17 weeks) to finish all the reading material.

How can I pass CFA in 4 months?

  1. 1) Enjoy your brief time off after Level 1.
  2. 2) Check that your study plan actually works.
  3. 4) Use your study materials wisely.
  4. 7) Start the studying machine up slowly.
  5. 8) Don’t take Ethics for granted.
  6. 9) Practice, practice, practice.
  7. What’s your plan to prepare for CFA Level 2 in 4 months?
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What is the best study prep for the CFA level 1?

It is ideal to set aside at least 4 months to prepare well for the Level 1 CFA exam. At least 4 weeks before the CFA Level 1 exam date, give mock tests by simulating the exam conditions at home. The CFA level 1 syllabus consists of 10 core curriculum topics, 19 study sessions and 57 readings.

When can I take the CFA level 1 exam?

CFA exams are changing to computer-based exams. The last paper-based exam for all levels will be in December 2020. Starting in 2021, the level I exam will be offered in February, May, August, and November . The level II exam will be offered in May and August, and the level III in May and November. 4 

How difficult is CFA level 1?

CFA Level 1 is not at all difficult. Comfort in numbers: 40–50\% (varies each year) candidates appearing the Level 1 pass. Comfort in peers: CFA Level 1 syllabus is similar to an MBA Finance curriculum in India. Comfort in prep: The more you sweat in practice, the less you will bleed in war.

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What is the best question bank for CFA level 1?

PrepSmarter according to me is the best question bank for CFA. Many candidate use PrepSmarter for practice. PrepSmarter is the best practice engine that is out there for CFA level 1,2 & 3 preparation. It’s the most affordable and has more than 13,200+ questions for CFA the most offered by any one.

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