CFA Study Plan
You’ve probably come to this page for one of two reasons. Either you’ve just enrolled in the exam and you’re looking for information on how to plan your CFA preparation or it’s been a while since you registered as a CFA candidate but things aren’t going as you’d expect them to.
No matter the reason – here you’ll find what you’re looking for – answers to how to prepare for the CFA exam to pass it.
Below there are links to different CFA study plans, both for level 1 and level 2 candidates. In total: 9 CFA study plans ranging in length from 8 to 2 months.
Except for sample study schedules, every post also explains a different portion of knowledge you'll want to acquire if you take your CFA exam prep (and the exam itself) seriously. For example, you will find information about 4 CFA topics categorizations (3-month post), 3 main reasons why you may fail your exam (5-month L1 post), or your strong and weak points (8-month post).
There’s a lot to be read but it’s worth it (and it reads well ;p ).
Our philosophy is: 300 hours + 3 hours = +30%
What it means is that:
since you’ll spend roughly 300 hours studying for one level of your CFA exam, it’s surely worth spending 3 more hours reading about & looking into everything you must know about the challenge of your life to boost your chance of success even by 30% (based on our observations and experience).
As an analyst-to-be, you’ll have to analyze information and draw conclusions based on it. That is what's expected of such a specialist – the ability to: analyze data, reach well-founded conclusions, and give recommendations.
The conclusions you'll draw and recommendations you’ll come up with after reading our posts should be about the best way FOR YOU to prepare for probably the most difficult exam you’ll ever take.
Also, remember that the CFA Curriculum should be your first choice for studying the required exam material. But if you're looking for some study aids to ease your learning, we have some great apps for you. Our VIDEO app, TEST app, FORMULAS app, E-books, and other tools will surely make your exam prep more efficient. You'll find it all inside our CFA Study Planner!
And when you’re studying may the following quotation attributed to Winston Churchill give you strength and motivation:
"If You’re Going Through Hell, Keep Going".
Arrange Your CFA Study Plan
the way you want!
For many years now, we’ve been helping people to prepare for the CFA exam and other financial exams. While doing so, we’ve discovered 3 major reasons why candidates fail their exams. First of all, though it may sound rather surprising, some people struggle with maths. It’s true not only of those who graduated from the university some time ago but also of students who currently attend their classes.
If you’re about to face your CFA level 2 exam this year, it’s perfect time to take up your preparation now. Tempted to wait just a little bit longer, a week or a month perhaps? Naaah... Better pull up your sleeves and start right away. Below, you will find a link to a detailed 5-month CFA level 2 study plan. Our preparation is divided into 5 Study Blocks, each ending with some topics revision.
To be successful, every CFA candidate needs a good study plan. Setting deadlines for the topics is the first step. A conventional one. But how about a somewhat unconventional approach which – apart from arranging your CFA prep calendar – takes care of your knowledge retention? Intrigued? Keep on reading about the unconventional alternative to CFA level 1 exam prep.
Before you get down to work, stop for a while and ask yourself one fundamental question, which is: “How do I overcome the low 40% or so passing rate?”. To be very specific, we should also add here that this 40-ish% passing rate is a real value calculated for those who actually took the exam (i.e. it excludes no-shows usually accounting for as much as 20-25% of all registered candidates).
As January draws to an end, December level 1 exam results are always being published. Many of you are waiting for the exam score with bated breath. Because it tells you whether you need to retake your level 1 exam or if it's the CFA level 2 examination that's ahead of you. For all those starting their CFA level 2 exam prep, here comes our advice on the optimal 4-month L2 study plan.
This post tells you how to efficiently prepare a 3-month CFA study plan. We are confident, you will find it worth reading no matter if you have already started studying or if you are about to open the Curriculum for the first time today. Apart from the study plan, below you will also find 4 CFA level 1 topics categorizations together with some relevant exam preparation hints designed to let you make the most of the upcoming 3 months.
With only 60 days to the CFA exam, you definitely need a good study plan that you will strictly obey. The number of pages to cover is really huge. If you work full-time, studying all of the content will give you a hard time and – most probably – will turn out impossible. That's why you need to make some tough calls.
Remember that even with 8 months to go it is important to study systematically and at a suitable pace. The exam day will come sooner than you think and you want to be prepared for this day and then satisfied when the exam is over. The CFA study schedule you will find below is a good basis for your own 8-month study plan.
Plan your preparation safely to minimize the risk that your GOAL is NOT achieved. 300 study hours – they’re just a benchmark, not a guarantee of success. Aim for more than that, say 400 hours. Even if it means you’ll need to forgo some of your free time. You give up this luxury to maximize the chances that your objective IS accomplished!
‘CFA STUDY PLANNER’ – the free app to meet all your needs
AVAILABLE FOR ALL LEVELS