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Level 1 in December

Hello,

So I have been thinking about taking the CFA this December. I have not yet started to study and just started the application process. I wanted to ask, do you think it is a realistic goal to start the process now and sit in December? I feel that it cannot hurt, because if I do not pass in December then I will be better prepared for the exam in June.

I have a basic business administration degree from a small liberal arts school. So I have a decent accounting and finance background not by no means specialized. (I have heard that level focuses on basic accounting principals).

I plan on purchasing the Kaplan package to help me get a jump start. But I would like to know if this is a realistic goal.

All thoughts and opinions are welcome!

Thanks,

You're way behind - a good rule of thumb is to spend 2 years preparing for each level, especially level 1. You might be able to prepare yourself for the December '12 exam, but that could be pushing it.

Good luck to you.

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dmiller385 Wrote:
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> You're way behind - a good rule of thumb is to
> spend 2 years preparing for each level, especially
> level 1. You might be able to prepare yourself for
> the December '12 exam, but that could be pushing
> it.
>
> Good luck to you.

2 years seems like you wouldn't leave yourself a lot of time for review. I'd say most candidates start studying in the womb (the really on-track guys study in a past life) and then plan to sit the exam on their deathbed. You really don't want to rush something like this, y'know?


Obviously, we're being smart@sses. To the OP, calm the heck down. Generally 3-6 months is more than enough time to prepare for any level.

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it's very realistic

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