AuthorTopic: Is my approach for level 1 prep right?
bodek
@2007-06-11 21:13:32
I am sitting the CFA level 1 exam in December. My original plan was to make my own study notes for each session using this site's study notes and the textbooks. I wanted my study notes to total 150-200 A4 sides (about 10 sides per study session - which I think is reasonable). I then planned to spend the last 6 weeks memorizing my 150-200 sides of notes and doing as many exam questions as possible.

This is IMPOSSIBLE as I have found out. If you give yourself 1 week per study session to go through the material (in Schweser and the textbooks) and make notes then that means that you have to read about 150-200 pages per week. That is at least 25 sides per night (giving myself 3 hours of study per night). I think this is not possible - You can maybe read that much material, but NO WAY understand and retain it.

I have given up using the textbooks and now am only using analystnotes. I have basically had to choose between [1] knowing specific that are likely to come up throughly [i.e. use analystnotes] OR [2] Read a vast amount of information, but not be able to properly summarise and retain it (use the textbooks - Merely reading all the textbooks is a challenge , forget about summarising and retaining it). I will risk the exam with the former approach.

I do not believe that exams are passed by merely reading material a couple of times and then trying to retain it - If a read a given study session today and do not make my own note when I come to review the material in Nov I feel it will be like starting at the beginning again.

I would be interested to know what other people think of the above, particulary those of you who have recently sat level 1.

Thanks
thanhhuong
@2007-10-20 02:45:02
I'm in reveiwing and do the mock exam, could you please kindly advise, where I can get free trial tests for level 1 in Dec 06

Thank you guys in millions

Cheers,

Thanh Huong
Pirates
@2007-10-31 15:42:24
I have also just registered. We could form a group ? What do you say??
cozybru
@2008-06-09 17:32:54
is 5 Months enough time to prep for the CFA level 1 test? Assuming I work, but otherwise willing to have no social life?

I have a MBA, graduated in 04' and I work for JPMorgan in securities related work.
GaryDU
@2019-10-31 09:58:34
Howdy...

I am brand new to this forum and just had the urge to introduce myself and say "hello".

Finally a solid site with font that I can stare at all day - which is a refreshing change!

I am here to learn & get involved. How could I best contribute?

Bye.

CFA Discussion Topic: Is my approach for level 1 prep right?

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Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh

Craig Baugh