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Study Schedule Strategy

Has anyone had particular success in setting up a study schedule using specific tools or an approach? I was thinking of using excel to structure a schedule where I study X hours per day, leaving 1 night a week free, and have specific due dates for study sessions. Such an approach would provide motivation if I saw I was falling behind.

I realize this is probably a fairly obvious approach but if anyone had specific success and would be willing to describe their approach, it would be appreciated.

Ill share mine.

I am studying for the dec 2010 L1 exam. I have an excel spreadsheet from jan 26 - nov 31. where each day I fill in how many hours I study and where I left off or what I did.

beside that table I have an estimated number of hours Id need to study every day to reach 300 by nov 31 and 600 by nov 31. I then have an identical section for actual totals. so it sums how much Ive studied to date. I then have it automatically calculate todays date and how many days until the exam as well as average hrs I have studied per day so far.

lastly I have percentage complete progress tracker which divides total hours studied by 300 and then 600 to show my study percentage completion.

Ive been studying for 2 weeks and have had great success with this. I can see everything I need in terms of planning and my progression and can see if my avg hrs studied per day starts dropping.

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"Tough guys don't do math. Tough guys fry chicken for a living."
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When I did the CPA, I had a calendar and had the goal of 15 hours per week. Each day I would put the amount I studied the previous day. I would know by the weekend how much I needed to get the minimum 15 hours. Simple, but effective.

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Sorry about double post...rookie mistake.

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Analyze_This Wrote:
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> Sorry about double post...rookie mistake.


make sure it doesnt happen again, Mr. CPA

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Keep studying till you understand and remember all the materials.

It doesnt matter whether it is 300 or 100 hrs, so no point setting up a schedule or calendar...

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I also finished all 4 sections of the CPA exam in 6 months using Becker and my accounting bible (keiso) lol....my study strategy then, was to MASTER the material in each section and start doing the questions/exams in passmaster.

Given that you can finish a section in 1-2 months, you must fully understand/master the material in order to absorb all the material by exam date and pass. Glad I did, because that strategy worked.

I'm currently using the same approach for Level 1 but I feel that I'm not that efficient and I'm overstudying. I spent almost a month on Ethics, Equities, and FI. Obviously, there are a lot more readings/SS left.

Question- Should I really master the material and spend more time on each SS before moving on or should I focus on getting as much reading done as possible, get a good understanding, and come back when it's closer to the exam and master the material?

Should I complete the questions in Qbank after each topic , wait until the last month or after finishing a functional area, (i.e asset valuation, investment tools, etc.) and do them all @ once?

Any feedback will be greatly appreciated.

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For those of you that are CPA's and used Becker, curious to know if you selected Stalla or Schweser. I am also a recent CPA, planning to take L1 in Dec and trying to make a decision on which one to use, I have access to both. Thanks

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bifstik Wrote:
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> Keep studying till you understand and remember all
> the materials.
>
> It doesnt matter whether it is 300 or 100 hrs, so
> no point setting up a schedule or calendar...


i completely agree! .. the hrs that CFAI recommends is just an average estimate. i think it takes diff people diff amounts of time to learn the material. way more hrs for someone who has no finance background vs. someone who has an undergrad/mba finance degree

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I'm using Schweser for the Level 1 exam. I heard Stalla is good and I surely can vouch for Peter Olinto. He was MOTIVATING and EXTREMELY helpful in the Becker Review course for the CPA. So if I was going to use Stalla for future levels, having Peter Olinto on your side would be a HUGE +

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