Cfa Study Outlines

CFA STUDY STRATEGY v.2
Difficulty of Material/Exams Series CFA Level I CFA Level II CFA Level III *Lowest Difficulty
**Second Highest Difficulty ***Highest Difficulty

Difficulty of Material ** *** *

Difficulty of Exam * ** ***

*Quality of Study Material (Text) Source CFAI Curriculum SchweserNotes Stalla Notes *Quality of Supplementary Material Source Schweser Seminar Slide Workbook Schweser Mindmaps Schweser Secret Sauce Schweser’s Quicksheet Quality of Study Questions Source CFAI Curriculum EOC Problems CFAI Curriculum Blue Box Examples Schweser EOC Problems Stalla EOC Problems SchweserPro QBank Quality of Practice Exams Source CFAI Mock Exam CFAI Sample Exam Schweser Practice Exam Score (out of 10 points) 10 10 7 Score (out of 10 points) 10 10 8 7 7 Score (out of 10 points) 10 8 8 7 Score (out of 10 points) 10 8 6.5

*Quality describes the strength of the correlation between the study material and what is actually tested on the CFA exams. [These ratings are subjective and are intended to compare the relative rankings of the materials]

Strategy (given 5 months study time)

Level I
 If < 15 hours/week - Months 1-4: Schweser Notes/All EOC (End of Chapter) problems - Month 5: Schweser Slides=>Take Practice Exam (Repeat 5X) BOOT CAMP encouraged (Take at least 2 practice exams before boot camp) (Boot camp refers to any commercial preparatory workshop—Schweser, Stalla, etc.—generally offered a month before the actual exam and lasts anywhere from 3 days to a full week) If > 15 hours/week - Months 1-4: CFA Curriculum/All blue box examples/All EOC Problems - Month 5: Schweser Slides=>Take Practice Exam (Repeat 7X) BOOT CAMP encouraged (Take at least 2 practice exams before boot camp) Question Format: - Morning: Single Question Multiple Choice - Afternoon: Single Question Multiple Choice

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CFA Curriculum LI examples and EOC problems are most representative of exam questions.

Level II
 If < 15 hours/week - Months 1-4: Schweser Notes/All