Frm Part 1 Schweser S Near Free Study Planner This was especially true for me as I studied exclusively on weekends.
They will forgive you after then, when you celebrate your passes. This implies a minimum of 11.5 hours of study over a 7 day week. To target for consecutive passes in 18 months, a minimum of 300 study hours over a 6 month period is recommended. Im just a book-and-paper person, easily distracted and prefer to hide in a quiet corner of a library to study. I just bought the basic study notes package from a third party provider (Kaplan Schweser) and self studied with no classes. I have done this myself for all 3 levels of the CFA exams. This means the 2020 topic weight would be identical in 2021. There are 3 answer choices for each multiple choice question.Įthics, Quant Methods, Economics, and Financial Reporting and Analysis.Ĭorporate Finance, Equity, Fixed Income, Derivatives, Alternative Investments and Portfolio Management All questions are equally weighted and there are no penaltiesnegative marking for wrong answers. On average, you should allocate 1.5 minutes (90 seconds) per question.
Third party study materials, if you choose to use them, could range from US300-2,500 depending on packages you choose. Rescheduling fee of 250, only if you have to reschedule your computer-based exam appointment. Number of pages readings topics are not really good measures of difficulty, just ask any CFA charterholder out there.
It is quite do-able and approachable with some study hours put in, regardless whether you have any background in finance. So, lets go through some common questions Ive received from candidates recently (and my answers). So heres a summary of my Level 1 study strategy with some useful tips, which I hope you find beneficial for your study preparation.įrom 2022 onwards, it will revert to a regular 4x a year schedule in February, May, August and November.
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