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300 hours enough for CFA Level 1

Hi,

I was wondering if any of you passed the CFA Level 1 exam by studying only the 300 hours needed that are mentioned on the CFA website?

Thanks!

This is always a vague and subjective question. There's no magic number of hours needed to pass; i.e., if you study for 300 or more, you'll definitely pass whereas if you study less, you won't.

It depends on your education, work experience, ability to comprehend and retain information, as well how much time your schedule allows you to study. If it only takes you 200 hours to understand everything, then great. If it takes you 400 hours, then that's fine, too, as long as you feel comfortable with the material.

I understand that everyone wants enough info to be able to formulate a study plan, but eventually you just need to start studying and figure things out on your own.

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I spent about 600 hrs but actually studied like 400. Passed on edge. Quality matters.

builders Wrote:
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> i would budget 600

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PistolPt Wrote:
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> 300 hours is not enough. I suggest 301-303. I
> knew a couple guys who studied 296-298 and barely
> failed.
> I would recommend 302.97 hours. That should
> guarantee a pass.
>
> Seriously, I love these arbitrary numbers people
> throw out. People can pass with 200 hours and fail
> with 500 hours. It doesn't freggin matter.
>
> If only matters what works for YOU.


Pistol Pete with the beautiful behind the back zinger pass.

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i would budget 600

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I'm 85.7% sure you can pass with 358.75 hours of studying.

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300 hours is not enough. I suggest 301-303. I knew a couple guys who studied 296-298 and barely failed.
I would recommend 302.97 hours. That should guarantee a pass.

Seriously, I love these arbitrary numbers people throw out. People can pass with 200 hours and fail with 500 hours. It doesn't freggin matter.

If only matters what works for YOU.

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^^ There should be.

Personally, I only studied for about 150 hours and passed very easily. That being said, I was an accounting and finance major and had already seen most of the material.

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Maybe there should be a FAQ list for questions like this.

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joelle Wrote:
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> Palantir, no one is obliging you to reply to my
> post, if it doesn't concern you just don't read it
> and move on instead of lecturing me!


Palantir brings up a valid point. The question of how many hours is needed comes up ALL THE TIME and I guess once you start seeing the same question over and over, it gets a little annoying, especially when it's one that is unique to each individual. That much should be obvious.

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