Before heading to our blog you may have thought is it even possible to pass CFA level 1 in just 15 Days? Yes, Many people have done it and shared their stories across the web. There is one thing to be noted, One needs to have a better grip on finance to get through the syllabus, especially when following a CFA study schedule or utilizing CFA level 1 study material.
Certainly, all my years of academic experience have shown you that last-minute studies rarely take you anywhere. Interested candidates should dedicate their maximum time to studying with a well-structured CFA level 1 study plan in order to be confident enough to clear the examination.
This is not a guarantee but can definitely help you be ready for the examination, especially when you have access to comprehensive CFA level 1 study material and adhere to a strict CFA study schedule.
Now, you know that you have just two weeks to prepare for the examination, which can amplify your resume. The exam, which requires a minimum of 4 months of studies, is a matter of urgency and significance for you, making a CFA level 1 study plan essential.
Here are some guidelines that you can adhere to:
(In case you are interested to know more about CFA. Click the links in the blog which can serve as your guide to this career choice.)
Tip 1: Build a Strict Study Plan
It is necessary that this achievement is on your mind all the time. At first, plotting things out may seem stressful and time-consuming, but it’s worth planning out first, especially when developing a CFA study schedule.
It is suggested to ensure that you set strict rules for yourself so that you can study effectively with your CFA level 1 study material.
Tip 2: Select Topics Strategically
The exam which covers 10 different topics will be distributed in 180 MCQs. In order to maximize your success chances, pay attention to specific topics, and make sure they are included in your CFA level 1 study plan.
Tip 3: The Minimum Distractions, The Better
Switch off the phone these two weeks, or limit the distractions and focus on the ultimate aim. This is an extremely useful CFA test Level I advice if you are seriously behind on your CFA study schedule.
Plan ahead and anticipate your internal demands (boredom, stress, hunger, lack of sleep, etc.). To keep your mind active when studying, have snacks close at hand and vary up your CFA level 1 study plan.
Tip 4: Remember the 50/10 Rule
You might have come across this rule in 12th grade. Dedicate 50 minutes of an hour to study against a 10-minute break. Once you hit 50 minutes, take a 10-minute break…then back to work! If you can train yourself this way, you will study hard 80% of the time, which is more effective than half-studying with periodic distractions.
Tip 5: Study in Spare Time
While traveling, practice with QBank questions or flashcards. Examine your CFA level 1 study material as you work out. Take time to study during your lunch breaks and brief intermissions between sessions. Always have your study materials close at hand, and make the most of your waking hours to squeeze in some valuable study time, following your CFA study schedule.
Tip 6: Plan Every Hour
If you study 10 hours a day, you'll have 140 hours completed! Still, to stress less, it’s good to give the preparation a good time, say 3-4 months. This wouldn't make the preparation process a hustle, and you will enjoy working towards a title you will proudly hold in the future with the help of a solid CFA level 1 study plan.
We hope these tips help you with the desired results!
Best Wishes.
Also, Read, Key to Clear CFA Level 2