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I started yesterday and this is my first time taking it. I don't work, I have three university courses left (9 hours) and I spend 10 hours a week outside of class studying for these courses. I plan to use CFAI for Ethics, Quants, Economics, and FRA, and Scheweser for the rest. I finish school in a month and I have all of May free to study. Do you guys think its enough time???

Also my major is investment finance.

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OH BOY. Am i glad i have company. Both the CFA and Elan books have been staring at me from across the room sense the results came out a few months ago. I would really like to start soon. I got band 7 and really just think that it is because i ran out of time and had about a week of rushed review, about a day a book.

-unforseen- you will be fine, just put the hours in. I graduated spring 2010 and it was huge having just went through all the info in school, i was finance major as well.

Guy- The questions are very straight forward. Just review the info. I knew i was probably f-ed walking into the test because i had not been able to give the material i read 3 months before another go through.

Dreampak- just dont dwell on subjects that you dont understand and continue to move through the material. Make note of it and come back when you review. there is lots of time

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I failed in 08, retook and passed in 10. Started proper studying in late Feb and did fine even though I hadn't touched the material for almost two years.

Try to keep a lot of time for review and mocks. Good luck!

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So did you guys who are retaking go buy new books or go with the CFA ones for this time around. I had elan for dec 2010 and i really think i should just spring for the new books instead of using the outdated ones. The CFA ones are way to long, forget that. i guess if i dont ill just have to read the new sections from the CFA but that is kinda a pain.

what you guys doing?

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I'm using the 2010 Schweser books and also doing CFAI EOC questions. On the chapters that have a lot of new changes for 2011 I will go back and forth between the CFAI and Schweser but for the most part I don't think it will hurt too much going through the 2010 books as long as you can answer all the CFAI EOC questions.

Also reading the CFAI EOC summaries as well

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I started essentially right after I found out I failed. I think I waited a week or two.

My strategy.
1) Read CFAI books and go over Scwheser on sections I didn't get >70%
2) Go over Scwheser (only) for sections I achieved >70%
3) Go over material new to 2011, reading CFAI only. (don't feel like getting Scwheser again)
4) Flash Cards for all subjects
5) EOC questions for all subjects
6) Mock Exams
7) Exam

Ski2Much Wrote:
-------------------------------------------------------
> So did you guys who are retaking go buy new books
> or go with the CFA ones for this time around. I
> had elan for dec 2010 and i really think i should
> just spring for the new books instead of using the
> outdated ones. The CFA ones are way to long,
> forget that. i guess if i dont ill just have to
> read the new sections from the CFA but that is
> kinda a pain.
>
> what you guys doing?


CFAI added quite a bit, especially in equity. If you stick with the outdated ones, make SURE you go over the new LOSs.

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