Manual CFA Level I Exam Review Notes: Practice Exams

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  1. The June CFA Exam: Final Study Tips For Success
  2. AdaptPrep CFA Review: Does it Make Sense for you?
  3. Shop by category
  4. December CFA Level 1: CFA Study Preparation
  5. More in CFA

For my stronger topic areas, I relied on the study notes and regularly used the test question answer bank. Because Adapt Prep is a newer competitor on the market, they offer a comprehensive study program at a far more competitive price than Schweser or the Wiley CFA review course. The primary difference pricing difference between Adapt Prep and Wiley and Schweser is that you are paying a premium for a brand name, you receive longer online video lessons, and you can get a hard copy of the study notes.

However, if you would rather have a more structured classroom style setting, you may benefit more from the structure provided by Wiley and Schweser. The Basic option is ideally suited for someone that is already comfortable with the material and really just needs to have access to the additional practice questions.

The June CFA Exam: Final Study Tips For Success

Since you already have the full curriculum in ebook format when you register, the Basic option is a really good choice for someone who already has a good understanding of the material and plans to supplement weaker areas with the original textbooks. This option offers everything included in the first two options plus:.

  • Planning Programs for Adult Learners: A Practical Guide.
  • Best CFA Mock Exams [ Practice Exams].
  • The Logic of Alice: Clear Thinking in Wonderland;

If you are not one of the lucky few to pass the first time, you will get to use the database when you re-take the exam. Taking the initial quiz will help the proprietary analytics develop your initial profile on the system.

AdaptPrep CFA Review: Does it Make Sense for you?

I found the practice question test bank to be easy to navigate and comprehensive. One of the key elements inside the test bank if the topic mastery section. The value in this format is that the system keeps ongoing tabs of your mastery of a given topic area. This means that you know right away which sections represent strengths and which sections represent weaknesses. Additionally, this information evolves over the course of your study plan so that you will know where you stand at any given time.

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Main sections within the progress tracking at the bottom of the screen. The Quiz Builder is an area I spent most of my time.

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In my case, I spent a lot of time in the quant and accounting practice questions. The practice exams utilize the predictive analytics and create an exam customized to you. The timed exams are great practice and are structured based on the actual weightings of the topic areas on the CFA exam. At the very bottom of the screen, you have three options: History, Section Reports, and Discuss Questions.

This comes in handy so that you can focus on questions that you previously answered incorrectly.

December CFA Level 1: CFA Study Preparation

The Section Reports give you a running tally of how your progress is tracking based on each topic area. The final section represents the discussion area. You can post questions that will be answered by a dedicated coach or communicate with other test takers in the forum. Detailed study notes and extended videos are available in the Learn option.

2019 Level I CFA - General Information about the Exam

Although you may have already committed nearly hours to studying, these final weeks are not the time to lose focus or burn out. As you prepare for the CFA exam this June , consider these final study tip:. Not only does it help to take notes as you go along, but jotting down key points on flash cards and reviewing them on your commute to work or during your lunch break can help you retain vital information throughout the final month of prep. Many financial services professionals juggle an already full schedule with their CFA exam prep, so having access to notes without lugging around stacks of information can be helpful. If you stray away from this schedule, the material will start to feel a lot more overwhelming—something that can prevent you from understanding the big picture as well as the finer points. Make sure you schedule routine review days and practice tests as checkpoints to make sure you understand all the material.

A great way to do this is to have your notes readily available when you are unclear on any question. This will help you identify areas for improvement and retain vital information along the way. These tests are meant to boost your self-confidence, so worrying about your score can be counterproductive to your overall progress.

More in CFA

Resist the temptation to increase your study hours as the CFA exam approaches. While you may be feeling frustrated or stressed, not taking the time to rest and recharge can make matters even worse. The last thing you want to be when taking the exam is burnt out, so make the effort to take care of yourself by getting enough sleep, eating well, and taking well-deserved breaks.