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Pastimes : The CFA: Conversations, Ideas, and Approach -- Ignore unavailable to you. Want to Upgrade?


To: SnowShredder who wrote (69)12/1/2002 1:58:21 PM
From: HeyRainier  Respond to of 70
 
Hi SS,

As for tips, getting started early is key. There are many who came in with a very lax approach, and the cost was having nothing to show for hundreds of hours of study time.

I've tended to preach that the CFA program is more a battle of discipline than brains, because there are numerous distractions one will face from January to June in preparation for the exam. I have tended to start my studies around November, so I can go at a more relaxed pace, and really grind out the problems I'm uncomfortable with. This timing method usually leaves me with about 3-4 weeks to do all the practice exams and going over all my weak points. Don't underestimate how much you will not understand come test time. It's good to make the mistakes early, and often. Just make sure to learn from them before the results really count.

In hindsight, this is what I would have done in terms of study aids:

Level One: Allen Resources (did that)
Level Two: Schweser (I made the mistake of going to A/R)
Level Three: Schweser (got it right that time)

Key points: start early, and be consistent!