{"id":414,"date":"2019-05-21T06:24:07","date_gmt":"2019-05-21T06:24:07","guid":{"rendered":"https:\/\/studysid.com\/blog\/?p=414"},"modified":"2019-05-21T06:24:07","modified_gmt":"2019-05-21T06:24:07","slug":"how-to-prepare-for-cfa-level-1-in-june-2019","status":"publish","type":"post","link":"https:\/\/studysid.com\/blog\/how-to-prepare-for-cfa-level-1-in-june-2019\/","title":{"rendered":"How to prepare for CFA Level 1 in June 2019?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">CFA Level 1 is the first step towards obtaining the CFA Charter. This exam can be taken twice a year, in the months of June and December respectively. If you\u2019re one of the candidates that have decided to appear for the CFA Level 1 in June 2019, now is the right time to start your exam preparation.<\/span><\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-400\" src=\"https:\/\/studysid.com\/wordpress\/wp-content\/uploads\/2019\/05\/2-300x183.jpg\" alt=\"\" width=\"300\" height=\"183\" srcset=\"https:\/\/studysid.com\/blog\/wp-content\/uploads\/2019\/05\/2-300x183.jpg 300w, https:\/\/studysid.com\/blog\/wp-content\/uploads\/2019\/05\/2-768x469.jpg 768w, https:\/\/studysid.com\/blog\/wp-content\/uploads\/2019\/05\/2.jpg 900w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><b>Important Dates:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Registrations are still open for candidates who haven\u2019t registered in the first phase of registration, with the second phase of registration open till 13<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> Feb 2019. Below is a list of the other important dates that the <a href=\"https:\/\/studysid.com\/blog\/cfa-scope-and-relevance\/\">CFA <\/a>Level 1 candidates should keep in mind.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Events<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Dates<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Second Registration Deadline<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> February 2019<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Final Registration Deadline<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> March 2019<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Exam Day: Asia Pacific<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> June 2019<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Religious Alternate Exam Date( Americas and EMEA)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> June 2019<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Religious Alternate Exam Date( Asia Pacific)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> June 2019<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Exam Registration Fees:<\/b><\/h3>\n<h4><span style=\"font-weight: 400;\">All registration dates end at 11:59 pm ET<\/span><\/h4>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Early registration fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">USD 650<\/span><\/td>\n<td><span style=\"font-weight: 400;\">(ends 17 October 2018)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Standard registration fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">USD 950<\/span><\/td>\n<td><span style=\"font-weight: 400;\">(ends 13 February 2019)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Late registration fee<\/span><\/td>\n<td>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">USD 1,380<\/span><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td><span style=\"font-weight: 400;\">(ends 13 March 2019)<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b><a href=\"https:\/\/studysid.com\/blog\/can-commerce-students-crack-cfa\/\">CFA<\/a> Level 1 Exam Information:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">This is the first of three exams offered by the CFA Institute. Prerequisites for this exam include a Bachelor&#8217;s degree or an equivalent. An exemption can be made where you can write the level 1 if you a) are in the final year of your undergraduate program, b) have four years of professional experience or c) have a combination of both, equating to at least four years.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Exam Structure: <\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Level I exam consists of 240 multiple choice questions, split between two 3-hour sessions. Candidates must attend both sessions.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Morning session (3 hours): 120 multiple choice questions, covering all topics<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Afternoon session (3 hours): 120 multiple choice questions, covering all topics<\/span><\/li>\n<\/ul>\n<p><b>Focus Areas:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In <a href=\"https:\/\/studysid.com\/blog\/can-engineers-crack-cfa\/\">CFA<\/a> Level I, candidates are asked basic knowledge and comprehension questions and must perform some analysis. Tools and concepts that apply to investment valuation and portfolio management<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Basic concepts regarding securities and markets<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">CFA Institute Code of Ethics and Standards of Professional Conduct<\/span><\/li>\n<\/ul>\n<h4><b>Exam Wise Topic Weights:<\/b><\/h4>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-415\" src=\"https:\/\/studysid.com\/wordpress\/wp-content\/uploads\/2019\/05\/blog-242x300.png\" alt=\"\" width=\"349\" height=\"433\" srcset=\"https:\/\/studysid.com\/blog\/wp-content\/uploads\/2019\/05\/blog-242x300.png 242w, https:\/\/studysid.com\/blog\/wp-content\/uploads\/2019\/05\/blog.png 277w\" sizes=\"(max-width: 349px) 100vw, 349px\" \/><\/p>\n<h4><b>Sample Questions<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">An analyst suspects that a particular company\u2019s U.S. GAAP financial statements may require adjustment because the company uses take-or-pay contracts. The most likely effect of the appropriate adjustments would be to increase that company\u2019s<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Return on assets.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Debt-to-equity ratio.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Interest coverage ratio.<\/span><\/li>\n<\/ol>\n<h3><b>6 Month Study Plan for Level 1 Aspirants<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">According to the CFA Institute successful candidates on an average report that they spent approximately 300 hours preparing for the CFA exam in total. The required preparation time can be greater for those with a poor background in the subject matter and less for those who have a strong background in the subjects that the CFA curriculum covers. As a guide for a study plan, let&#8217;s use this estimate of 300 hours of reading and practice hours as a benchmark.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The CFA Level I exam covers 10 topics. For a 6 month plan, the study plan can be divided into blocks. Each block covers a mix of the exam topics and time for revision to make sure you have understood the concepts clearly. The study session can be divided into 4 blocks, with the preparation starting from January itself and continuing till June.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td>Study Block<\/td>\n<td>I<\/td>\n<td>II<\/td>\n<td>III<\/td>\n<td>IV<\/td>\n<\/tr>\n<tr>\n<td>Tentative Dates<\/td>\n<td>January- February<\/td>\n<td>February- March<\/td>\n<td>March- April<\/td>\n<td>April-May<\/td>\n<\/tr>\n<tr>\n<td>Topics<\/td>\n<td>Ethics<\/td>\n<td>Financial Reporting and Analysis<\/td>\n<td>Fixed Income<\/td>\n<td>Derivative Investments<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Quantitative Methods<\/td>\n<td>Corporate Finance<\/td>\n<td>Equity Investments<\/td>\n<td>Alternative Investments<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Portfolio Management<\/td>\n<td><\/td>\n<td><\/td>\n<td>Economics<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Notes<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Keep in mind this is a tentative study plan. There is no hard and fast rule when one has to start their exam preparation.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Combine this study plan with regular mock tests, end of chapter questions, revision series to keep yourself updated and in control of your exam preparation.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Adjust the study plan to give more time to subjects you are weak in accordingly.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In this study plan, There\u2019s a special topic sequence applied to help you focus on the more challenging topics and facilitate the uptake of related topics (that\u2019s why, for instance, you\u2019ll find Portfolio Management follow Quantitative Methods\u00a0 <\/span><\/p>\n<h3><b>Level 1 Tips<\/b><\/h3>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Start early and be consistent in your approach. In order to effectively study the entire syllabus and have adequate time for revision and mock tests, it is necessary you start at least 6 months in advance. Don\u2019t try to cram everything into the last few months; starting late and cramming is a recipe for failure.<\/span><\/li>\n<li style=\"font-weight: 400;\">Once you create your plan, be disciplined and stick to it! To provide the motivation to stay on task, take a CFA review course and prepare for it like a university course; read the relevant material ahead of time, get at least a big picture of the topics to be covered, and write down any questions you want to ask. Another great way to stick to your plan is to form a study group that meets on a regular basis.<\/li>\n<li style=\"font-weight: 400;\">In general, it is recommended you take all of the topics in the order presented in the CFA curriculum. However, spend just a little time on ethics at the beginning to get a big picture overview, and then really hit the topic hard in the last weeks before the exam.<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/studysid.com\"><img loading=\"lazy\" class=\"wp-image-172 aligncenter\" src=\"https:\/\/studysid.com\/wordpress\/wp-content\/uploads\/2019\/01\/new-banner-16-300x88.png\" alt=\"\" width=\"605\" height=\"178\" srcset=\"https:\/\/studysid.com\/blog\/wp-content\/uploads\/2019\/01\/new-banner-16-300x88.png 300w, https:\/\/studysid.com\/blog\/wp-content\/uploads\/2019\/01\/new-banner-16.png 757w\" sizes=\"(max-width: 605px) 100vw, 605px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CFA Level 1 is the first step towards obtaining the CFA Charter. This exam can be taken twice a year, in the months of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":434,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[57],"_links":{"self":[{"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/posts\/414"}],"collection":[{"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/comments?post=414"}],"version-history":[{"count":0,"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/posts\/414\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/media\/434"}],"wp:attachment":[{"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/media?parent=414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/categories?post=414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/studysid.com\/blog\/wp-json\/wp\/v2\/tags?post=414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}