lc26mizzou

BelalM Wrote:
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> Hello everyone
>
> I was hoping to get some useful insight from all
> of you who just took the exam this weekend. I have
> been lurking these boards for a while now and have
> decided to take the plunge for Level I in June.
> Since you folks just took the exam I would like
> you all to comment on your experience studying for
> level I and especially on the following:
>
> 1. The institute recommends 250 hours of study. Is
> that about right? How long did you guys study. I
> know productivity varies from one person to the
> next, but it would still help to know how much you
> put it approximately.
>
> 2. How much did you use the curriculum. I feel
> it's a valuable resource for learning, but does
> one NEED to use it?
>
> 3. Did you use a prep provider or take any prep
> courses? Which one is the best from Schweser,
> Stalla and Elan? Can people who used any of these
> companies' materials please comment on which one
> is the best for study guides, lectures, question
> banks, practice exams and online courses?
>
> 4. Any other advice you would give to a first time
> candidate...
>
> Thank you in advance for taking the time to share
> your thoughts.
>
> May you all pass when the result comes out in
> January.


1) Yes you would need to spend that much time if you don't want to risk repeating it. You might pass the exam with 50 hours of preparation but why to take the risk?
2) I read the entire curriculum from CFAI books - this the best resource indeed
3) I only used sample exams from other providers - don't take bad studying habits from level 1 and use shortcuts; if they help in level 1, i dont think they will help in future levels

Best of luck

Omar