Showing posts with label preparation time. Show all posts
Showing posts with label preparation time. Show all posts

Thursday, 29 December 2011

When should one finish the reading before the exam?

1. Those who have started the preparation 6 to 7 months before the exam must finish their preparation at least 2 months before the exam. It is worthwhile noting that these are group members who do not have any financial background.

2. People who have started the preparation around 5 and 1/2 months and 6 months before the exam they should complete their preparation around 1 and a half month before the exam.

3. People who have started preparation 5 months or 5 1/2 months before the exam should finish by latest 1 month or 3 weeks.

4. People who have started preparation around 4 months before the exam and having adequate knowledge or repeating for Level I should finish by latest 3 weeks of 2 weeks before the exam

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.