How many hours a day should I study for CFA?
1. Start early and be consistent. CFA Institute recommends 300 hours of study, and our experience is that 300 hours is the minimum that most people need to be successful. In order to put in that many hours over 6 to 9 months, you need to be putting in the time and effort every week.
Is 7 months enough for CFA Level 1?
Starting your preparation 7 months before your level 1 CFA exam is a good idea. It means you’re taking your exam seriously and you wouldn’t like anything unexpected to ruin your plans.
Is 6 months enough for CFA Level 1?
6 months are definitely sufficient to prepare for your level 1 CFA exam. With 6 months, you can easily plan for roughly 400 hours of studying during your exam prep.
Does CFA ever expire?
No. Your results do not expire.
When should I start studying for the CFA?
According to the CFA Institute , you must devote at least 250 hours of dedicated study to properly prepare for the Level 1 exams. Since the Level 1 exams are held twice a year, you should start studying six months in advance of your exam.
What is the best way to study for CFA?
Weekends and non-working days are the best time to study for the CFA. During the week, you will barely have time for practice questions, in addition to end-of-chapter questions. Therefore, plan to spend an additional two to four hours during the weekend on practice questions.
When is CFA exam?
The CFA Exam is administered three times a year: in June, December, and February. Regardless of which session you register for, you need to pay a registration fee. This fee varies based on when you register.
How hard are the CFA exams?
Overall, the CFA exams are very difficult, but candidates can increase their chances of passing by studying for over 300 hours, utilizing alternative prep materials, answering as many practice questions as possible and creating a structured study plan.