Study/reading material question question

sgupta0827

Interested in feedback on study strategies for Dec. LI. I have finished all Schweser books and questions at the end of each chapter. I have been studying since mid June and now working through as many Qbank questions I can a day. I believe it goes without saying that reading through the material once will not allow you to remember everything, its simply too much material. However, going through the questions, most stuff is recognizable or comes back to an extent. Would you advise rereading the books to grasp the information again?... or is the trade off of time to reread vs doing practice questions not worth it?


My situation might differ from others in that I am currently seeking employment after working on a mobile startup my first year out of school. I graduated from a non-target B-school with 3.1 GPA and a degree in Entrepreneurial Studies/Legal Studies (not Finance, Accounting, Econ., quant, etc.) Our startup idea was accepted into a top technology/business incubator, funded, and gave the startup a year of grueling hard work before deciding to pursue other things....so I'm studying for the CFA and working on breaking into finance/IB, an industry I've always been interested in. Any opinions or recommendations on that point would also be helpful (feel free to be critical).

CPATrader

It is nice that you've given your first reading and spending time on QBank. You don't need to re-read the whole syllabus word by word, like you did in your first reading. The best way is to revise from the books in a way that take one book a day and when you read the heading of a LOS or sub LOS then wait and recall what you remember. Then look for the important points in it which could be tested. After you do a revision then shift to CFAI Text Book EOC questions. Revision, according to my understanding, is necessary. My graduation was also not in finance and I used the revision strategy to pass the exam in first attempt. In fact my first reading completed 1 month earlier but in the last month I was able to revise the syllabus 2 times before doing mocks and appearing into the exam.

SkipE99

That strategy makes sense. So far I have been going back through the reviews at the end of the CFAI and Schweser books vs your strategy of reading the LOS and recalling. After a run through of that reading, I will work through the EOC questions. Given the amount of time until the test, I am working to avoid the burn out feeling. I have on hand 6 full length practice tests as well. Currently, I am scoring around 60-65% on Qbank with tests spanning all sections. Congrats on passing the L1 first time, appreciate the insights.