waldziuchna

I don't think, actually I know, that would not have worked for me.

Well done anyway!

suyash1989

Thanks, Soddy 1979, it was kind of funny when I got the results, a little unfair I guess. But... I am hooked up for the 2nd level. May be that was the whole purpose of 46% rate

kamara5

As a matter of interest will you read the material for L2?

btcapital

Well best of luck anyway.

Ionutzakis

i think you can absolutely pass if you put in aroudn 350 hours of solid study

1. read CFAI
2. do all CFAI questions
3. do QBANK REGULARLY!!!!!!!!!!!!!! do a 60 question practice exam every week that covers all the material you've read to date. That was my mistake the first time. I didnt utilize qbank.
4. do CFAI mocks.

I know for sure that i could have definantely passed the first time had I worked QBANK heavily (2000+ questions) and worked the CFAI mocks...that was the key for me the second time.

draz

Passed L1
Spent around 20weeks ( schweser only and CFAI for ethics only)
Weekdays around 3 to 5 hours
Weekends around 6 hours to 9 hours
No day off

B.S Accounting
MBA / Strategic Management
6 years work experiance in Asset Management ;)

dontknow1987

Wow Taniamadrid very impressive, it is amazing how different people learn in such different ways nice job...and Mona, you had me excited there for a minute, I was thinking that, that is definitely a doable time frame. Then I read on and saw your qualifications. Such is life . I appreciate all of the input so far. I am probably going to be at it for 250 plus.

I am thinking that I will study Schweser, Qbank 'till I puke and CFAI ethics

sdada

I started studying from the first week of Jan. Put in 2-3 hours every day. Used only CFAI texts and made sure I did all the questions at the end of each reading. Passed.

I must confess I totally messed up my time management. I couldn't even give a glance to Alternative Investments and Derivatives section. Used all my creativity to answer the questions. . But I was still confident because these sections do not carry much weightage in L1.

I am a computers guy and have no previous experience of fin.

Maddin

Thanks abhissri, thank you for the response, makes me feel better. I have started studying and think it is hard work that prevails not your background.

joemoran

Passed L1 in June 2009
Studied for 8 weeks
Engineering background

I spent ~200 hrs on it, and it felt like a crunch. If I can do it all over again, I'd start much earlier so that I'd have more time to do problems in the end. A good lesson learned for L2.