For any CFA test level, creating – and sticking to – an organized study strategy is crucial. A suitable study schedule allows candidates to put in the hours required to pass the exam while still having time to attend to other obligations.
Make sure to incorporate all of your work, study, and leisure activities in your study plan. Once you've listed a whole day's activities and obligations in order of priority, sticking to your study schedule will be much easier. If you don't plan for all of your time, you'll be more likely to put off studying until you have a free minute, which can be disastrous as the exam day approaches.
Yes, the CFA Exam is a test of endurance and discipline, but you don't have to give up everything in your social life to prepare for it. A study timetable provides room for social occasions by allowing you to see how much time you've set up for studying, work, and your personal life. It's fine to schedule a Saturday supper with friends or a date night with your significant other as long as you finish the required study hours and stick to the schedule.
Study Plan for the CFA Level 1 Exam
The average successful CFA applicant spends slightly over 300 hours studying for the Level 1 exam, and it takes 4-5 years to complete all three levels of the CFA exam, according to the CFA Institute. Please remember that this is an average, and that each CFA candidate's time will vary, especially since the CFA Level 1 Exam is self-paced.
Topics for CFA Level 1 Exam Study Plan
The following table lists the weights for each of the subjects covered on the CFA Level 1 Exam. Keep these items in mind while you build your study schedule. The weights will help you figure out how much time you should spend on each topic.
A month prior to the CFA Level 1 Exam
Start focusing on taking mock exams a month before the exam and take them several times. If you're using our UWorld CFA Level 1 Learning Platform, make sure you complete these exams after you've completed our QBank and before your test date. You'll also be able to complete the mock tests that come with the CFA Institute materials. You want to make sure you use all of the materials available to help you study for the exam in order to increase your chances of success.
Taking the UWorld mock examinations has a variety of benefits, including the option to track your progress and see where you stand. By taking our mock examinations after completing our QBank, you'll feel secure in your study and prepared to take the CFA Exam.
At UWorld, we're committed to assisting applicants in preparing for the CFA Level 1 Exam as quickly as feasible. Our cutting-edge platform allows you to go deeper into difficult CFA Exam topics, guaranteeing that you succeed not only on the exam but also in your career.
