CFA L1 Study Plan (advice plse) studying, currently, next, guidance

hanvinh

Good Day

I needed some guidance please on how to use my time effectively. I am not working currently hence I have my days free for studying. So far I have been through Book 1 and Book 2. This is my plan for the next 2.5 months. Please let me know if you think it's going to succeed / fail.

I hope to complete going through the next 3 books over the next two weeks. That should take me up to approx 5 April. Thereafter, perhaps, I hope to have 7 weeks remaining before the exam.

I plan to do the following:
Spend 3-4 weeks going through the question bank and honing in on all the concepts/ formula that I have forgotten or am very hazy about. Using each question as an opportunity to go back to the volumes and re-read and understand and remember and let stuff sink in.
Last 3 weeks...I have about 13 exams (13 days) to go through and review.

Last couple days- ethics review and formula and perhaps secret sauce review.

I would like feedback, if possible, please, on my plan.
Thank you.
J

leadcfa

WOW....When did you start your studying for the June exam?

Also, what's your background? Undergrad or work experience.

I'm trying to study a lot (and have been for a while now), but if you're not working and dedicating 4-6 hours a day for this exam until June 4th, that's PLENTY of time to pass it.

spartanag07

Hi there
I started studying just over a week ago. I can only do about 4 hours a day (until my head hurts!! also, the work takes time to get absorbed and understood).

background: Commerce degree undergrad
I just moved to the USA, and quit my job in my home country. I start my MBA in the Fall in the USA.

I have 3.5yrs experience in a bank- (Private Banking, then Capital Markets and lastly, I was trading equities in the Private Clients Securities Division). Even though I have relevant experience, I do not have strong Finance/ Accounting courses behind me.

I know that the next three books are going to be very difficult for me to understand. (especially the Accounting).