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How to prepare for CFA Level 1?

CFA Level 1

When our FinShiksha team talks to students, we encounter one common question – how to prepare well and fast for CFA Level 1?

Let me take you through the strategy and flow of content for the CFA Level 1 Preparation.

Note: The time duration mentioned to finish a particular reading assumes that you are doing the course for the first time, and you have about 6 months of preparation time.

First and foremost, try and finish the entire portion from CFA Level 1 Official Curriculum – CFA notes are very well written.

(difficulty level on a scale of 1-10 and 10 being the highest)

Kick off the CFA Level 1 Preparation

Tackle the Beast now!!!

Now focus on maximizing the CFA Level 1 Score.

Now it’s time for some complicated stuff.

Finally – Solve Mock Tests for CFA Level 1

Only solve. That’s all. Solve, solve and solve. Solve at least 15-20 full-length mock tests. Find mistakes and revise the concepts.

A score of around 130/180 and in Ethics above 70% accuracy is safe for you to clear CFA L1. (this is a general understanding, CFA Institute doesn’t mention this).

Courses from FinShiksha that should be helpful for a practical exposure on Financial Concepts along with your CFA Preparation:

Certification in Equity Valuation |  Certification in Applied Economics | Certification in Applied Financial Statement Analysis

FinShiksha courses complement the CFA study. As you know, the CFA curriculum doesn’t include any company or geography specific examples for Indian students – FinShiksha Courses bridge that gap. We have created all courses which include Indian examples with relevant data.

I hope this helps.

All the best!

Disclaimer: FinShiksha does not train students on CFA, and these are our unbiased opinions around the preparation. However, please note that everybody prepares differently, so it’s always a good idea to use these are guiding points and create your own plan.

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