How can I crack CFA in 1 year?

manpreet Best Answer 2 years ago

Everyone knows CFA is a very tough exam but if you want to clear it then we should prepared study plan accordingly, and we should identify our weakness and problem, where we are weak in study, after that we should plan our time table. There are some tips for studying well: Take a break regularly: You should take regularly break between study. Whenever you go for study, be comfortable and relaxed mind. Concentrate less on score and focus on previous paper and test: you should do as possible previous paper and test also. If you clear these exercises easily then you are preparing for CFA. Practice again and again: if you have completed your syllabus then do again and again revised exercises because practice is make a perfect. Learning from your mistakes is the need of the hour, so watch out for the problem areas where you have made mistakes during test paper solving days. Avoid studying for longer hours. Instead make it a habit to sleep early so that your body gets accustomed to the routine and you don’t feel sleepy on the exam day. A stressed mind adds to low performance and you should relax. You’re not going to forget everything that you have studied, so relax.

manpreet 2 years ago

"First time with minimum efforts" - you need to be a pro with your approach. Try preparing smartly and efficiently. Be very disciplined with your study schedule. The output is more when you give 2 hours daily for 7 days then 14 hours on only weekends (generally). Study with the sense of doing questions and clearing exams. It will help you to clear L1 but may prove harmful for L2 as it demands deep inter-topic clarity. Just a tip, in case you have less time and you are good to grasp new concepts - try preparing from Schwezer Notes and Videos for Level 1. But for Level 2 and 3 you have to put in the required efforts.

manpreet 2 years ago

CFA program is a tough nut to crack as a CFA Candidate you will spend couple of months each year for the next couple of years studying and preparing for the CFA exams. Exam results, showing that more than 60 percent of candidates fail, are certainly not a good motivation. Although we believe that there is not a single good strategy for passing the CFA exam, but various good approaches applicable to various people, we have summarized the most important CFA tips and tricks that may help you pass the exams and accomplish the goal of becoming the CFA Charter holder. Do first things first. Prior to starting the preparation for CFA, make a study plan. Study plan and discipline in adhering to it is a must in case you wish to pass the exam. You can use tools like TimePrep to help you with strategy and time management and keep you on the track. Get the best things first. The second advice would be start with the most interesting topics. If you like corporate finance more than quantitative methods, start with Corporate finance. You will finish the first book sooner and this will motivate you for further successes. Write to memorize. Take notes although you may think this is redundant, it may be good for the review phase. Take notes in the books or separately, but try to build a system that will help you review the most important topics and calculating procedures. Watch out, there are some rules Get used to infrastructure exam questions type multiple choice, item set and essay calculator policy only two types of calculators are permitted and other rules and procedures. Sooner you get used to these, you will be more successful and calm on the exam. Repetitio est mater studiorum. It is hard to memorize so much and reproduce this knowledge in such a short time frame. It is hard to remember all the formulas and concepts. However, repetition can really help you master this amount of content. Focus on the practice problems during repetition. Besides knowledge you gain, this is something that prepares you the best for the exam. Know your enemy. Visit the testing centre a day night before the exam. Calculate how much time you need to reach the centre. Take into account possible morning rush hour although the exams are organized on Saturdays and Sundays. Try to eliminate the unnecessary stress prior to the exam. There is really no secret sauce for passing the exam. You have to learn and practice.

manpreet 2 years ago

Everyone knows that CFA exam is one of the toughest exams, so proper guidance and preparation is needed to crack this exam. Here are a few tips for this exam: 1.Start as early as possible, it is recommended that you almost have six months in hand to prepare for the exam. 2.Before you jump and start preparing a weekly schedule for the entire six months, work backward and set objectives for each of the four months. First and the last month can be left out because in the first month, you won't get too adjusted with the curriculum and the last month is to be spent mostly on solving test papers or revision. 3.You have made your broad monthly goals, you need to dig in and make realistic weekly goals. 4.Try to solve a lot of question daily because it is the backlog for those who practice less problem. 5.Once you finish with one subject and start studying the next subject, then revise the previous subject with questions. This will increase your confidence immensely and the concepts will get registered in your mind permanently. 6.Start with ethics close to two months before the exam and study from the original CFA material. If you read that well you will actually recognize questions in the actual paper that originate from the CFA material. 7.Remember this exam is focused towards knowledge first and application later. So keep revising all your concepts right till the end. All the best!