How did a non financial novice pass the CFA level by self study in one month?

Updated on society 2024-02-24
4 answers
  1. Anonymous users2024-02-06

    Passing the CFA in one month is a bit difficult and requires a solid economic foundation.

    According to the official website of the CFA Association, the average time spent by candidates who passed the CFA exams at all levels in 2017 was:

    According to the CFA exam survey report, candidates who pass CFA spend an average of 320 hours studying for CFA and passing the CFA exam.

    If you have passed CET-6 and have a good grasp of investment and basic accounting knowledge, it can be said that those who have a good foundation will need two months to read notes and do exercises;

    If you have passed CET-6, and your knowledge of investment and basic accounting is acceptable, and your foundation is average, it will take you three months to read notes and do exercises;

    If you have passed CET-6, but your knowledge of investment and basic accounting is poor, you can be regarded as a person with a weak foundation, and it will take four months to read notes and do exercises;

    If you haven't passed CET-6 and don't know much about investment and basic accounting, you can be considered a beginner, then you can prepare for CFA according to the officially recommended time - don't be afraid, this is the perfect time for you to build a financial investment knowledge system;

    Of course, there are also well-qualified academic tyrants who surprise and pass the CFA exam two weeks before the exam, but this kind of risky behavior is not recommended for you to copy, take more time to prepare for the exam honestly.

  2. Anonymous users2024-02-05

    The CFA is still very high, and the test is purely English, involving all aspects of knowledge in the financial field. Level 1 is equivalent to the level of financial knowledge of undergraduates, most of them are introductory knowledge, and now there are a lot of people who have taken the level 1 or are preparing to take the level 1, if there is only one level, it should be said that it can still prove the level of basic knowledge in finance, which is the icing on the cake, but there will be more and more people who have taken the first level, and it is not too rare.

    The official CFA recommends more than 300 hours of preparation time, but this is for a global scale, and mainland students must be slower to learn English. If you have a certain financial foundation and there is no big problem with reading English, a month of high-intensity preparation time is still possible. The so-called high intensity means that if you use study notes to review (this set of books is generally used to prepare for CFA, the original textbooks are too thick), you have to study a book every week and master it, and then you have one week left to do the exercises.

    Each book is about three or four hundred pages. The landlord can measure it himself. At that time, I spent more than 10 hours a day on revision, and I could read 100 pages of a book, but I didn't have time to do the after-class exercises in the book.

    There is a question, the earliest exam that can be applied for now is also in December this year, so why is there only a month and a half to review......

  3. Anonymous users2024-02-04

    A month and a half or so to cope with level 1 should be fine.

  4. Anonymous users2024-02-03

    The most basic or required textbooks for the CFA exam are CFA Curriculum, Schweser Study Notes, and CFA. Standards of practice handbook. Candidates generally read the Schweser Study Notes first, and will go through each session.

    After learning, if there are knowledge points that you don't understand, you can view the corresponding content through the curriculum. For Level 1 candidates, it is enough to focus on CFA Level 1 Notes, which assist the chapters and exercises of the official CFA Association textbook and the Ethics Handbook.

    Note: Planning can be relatively flexible, and the impact of emergencies can be spread to a minimum, which is important for most working people. You can create a plan that you can accomplish, so that the completion can bring positive mental cues rather than the frustration and urgency that comes with not being done.

    Ensure that when you sprint in the next 3 weeks, you are not reading a book, but looking at your own notes, doing mock exam questions carefully, reviewing mistakes and summarizing. In this way, I can have a little bottom in my heart.

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