Wednesday, 28 December 2011

When to start studying - CFA Level I

  1. If you have no prior knowledge of the material and you don't have a technical background (Engineering, quantitative sciences), allow yourself 6-7 months of studying
  2. If you have minimal knowledge of the material. i.e., you took micro or macro economics and statistics in college or you use them lightly at work, but you don't have a finance or accounting background. Allow yourself around 5 and 1/2 months to 6 months.
  3. You have a solid knowledge of the material. i.e., you have seen statistics, economics, and either accounting or finance in school or at work. Allow yourself 5 to 6 months.
  4. You have a vast knowledge of the material. i.e., you are an undergraduate student who has taken or is taking economics, statistics, corporate finance, and accounting or you've thoroughly studied for and already taken level 1 and you are taking it again. Allow yourself around 4 months. 

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