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Thursday, July 9, 2009

146 Days until CFA Level 1

The December CFA Level 1 exam is only 146 days away - it takes place on December 5th (or December 6th in Asia).

At this point you should be reviewing the Candidate Body of Knowledge (CBOK), established your key learning outcome statements and have a detailed study plan set up.

Since most people need more than 250 hours of study time to review everything and build their confidence, you need on average 1 hour and 42 minutes of study a day to stay on track (if you are starting from scratch).

I know it’s hard to stay motivated when you have hundreds of hours of intense work ahead of you, so try to break it up into manageable chunks and spend time on the areas that you find most challenging.

Do you have all the resources you need? If you are serious about passing the CFA Level 1 (only 35 percent of candidates pass) you will have bought an online CFA training course to give you an extra boost.

Why study online? It’s more efficient, more targeted and cheaper than most of the alternatives.