One of the most frustrating situations for a CFA tutor is to be connected
with a nice, capable, seemingly committed CFA student who simply started studying for the exam too late. The rule of thumb for level 1 of the CFA is that it should take you about 300 hours of preparation. I believe that the pure amount of material covered on the CFA is why most CFA prep solutions are classroom and video based. There is just so much material, it’s far easier to help people work through it as efficiently as possible by explaining the key concepts clearly and providing extra practice. In that sense, the most valuable tool in your toolkit when it comes to CFA preparation is time. Just begin the process far enough in advance and, generally speaking, you’ll be OK.
with a nice, capable, seemingly committed CFA student who simply started studying for the exam too late. The rule of thumb for level 1 of the CFA is that it should take you about 300 hours of preparation. I believe that the pure amount of material covered on the CFA is why most CFA prep solutions are classroom and video based. There is just so much material, it’s far easier to help people work through it as efficiently as possible by explaining the key concepts clearly and providing extra practice. In that sense, the most valuable tool in your toolkit when it comes to CFA preparation is time. Just begin the process far enough in advance and, generally speaking, you’ll be OK.
The financial reporting and analysis section is one of the more heavily weighted topics on levels 1 and 2, making up 20% and 15-20% of each exam, respectively.