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标题: Possible to pass Level I with 4 months of studying? [打印本页]

作者: sabina    时间: 2011-7-11 19:42     标题: Possible to pass Level I with 4 months of studying?

I want to take the level I exam in June, but i can't start studying until late january due to business school applications. Ideally, i can get into a school and have level I under my belt before i start, so it will improve my chances of landing a job in investment management. I know the standard study time is 6 months, and i did not study finance or accounting in school, so 4 months would be pushing it. A co-worker told me 4 months is possible, but i basically wouldn't have a social life.
作者: Daniel1985    时间: 2011-7-11 19:42

That is plenty of time. Go for it.
作者: JRossSter    时间: 2011-7-11 19:42

iteracom Wrote:
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> yes, it's plenty of time


How many hours/day of study would you recommend for 4 months? about 3 hours a day?
作者: rgonzalez    时间: 2011-7-11 19:42

4 months is plenty of time but study time is different for everyone depending on your background, study strategy, and overall ability to retain a lot of material. I started studying beginning of August and am taking the exam in 2 weeks. I have logged ~180 study hours and feel that I am in a good position with 2 weeks of studying to go. But then again I just graduated with an undergrad finance degree in May, so I was able to fly through certain sections. Don't focus so much on hours but rather keeping on pace with your study schedule.
作者: Maddin    时间: 2011-7-11 19:42

Yes, I think it's enough time. I will have studied for 4 months for this upcoming Dec. exam, and I have no background in finance or accounting either, and I do believe I will be well prepared (can't say for sure until I write it though!).

If you work 8 hours a day, and then have to come home and put in at least 3 hours/day that obviously means a lot of your social life will be gone...but I think if you practice good time management you can still find a way to fit some free time in.
作者: LokiDog2    时间: 2011-7-11 19:42

I work full time and started studying for the December exam August 20th. Put in about 2.5 hours every weekday and 3-5 hours every Saturday and Sunday (~20hr/week).

Needless to say I haven't been out much the last 3 months, but I do feel well prepared and ready for the exam.

4 months is plenty in my opinion. Just got to be disciplined about making time every day.
作者: Kiakaha    时间: 2011-7-11 19:42

Plenty of time.
作者: lc26mizzou    时间: 2011-7-11 19:42

Thanks for the advice guys. I've been busting my butt off on b-school essays and the 2 math classes i'm taking through UCLA's online extension program. So diving straight into the CFA right after that will be a pain in the butt. But hopefully it will all pay off. B-school will be the best 2 years of my life so keeping my fingers crossed.
作者: Jolyn    时间: 2011-7-11 19:42

I think some of the elan guides like econ, quantitative methods, equity, fix income should save you tons of time rather than reading the CFA curriculum. I would suggest you read the curriculum for ethics and FSA. Do all of the EOC problems once you are done with each topic. I am in the same boat as you with only 4 months to study after I got the society scholarship. I would recommend studying on the weekend or when you are not so exhausted because I tend to remember things a lot better that way. Its not just how much hours you put in but the quality of those study hours.
作者: ishfaque    时间: 2011-7-11 19:42

4 months should be enough. I started in Jan for the June exam and had about a month to review in the end. Go with Elan and use the CFA books for ethics, EOC questions and summaries. Bschool will be awesome! Good luck with the apps.




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