Is Kaplan Schweser enough for CFA Level 1?

The answer is yes; Schweser is good for CFA Level 1. However, it is essential to note that Schweser notes should be used as a supplement and not as a replacement for the CFA Institute books.

Are Kaplan books good for CFA Level 1?

More CFA candidates consider Kaplan Schweser to be the most respected and trusted prep provider.

Is Kaplan enough for CFA Level 1 reddit?

Kaplan as the sole resource for levels 1 and 2 got me above the 90th percentile. Kaplan as the central resource for level 3 with support from Mark Meldrum (watching all videos and exhausting Q Bank), the CFAI EOC questions, and official ethics readings got me well over the finish line.

Is 3 months enough for CFA Level 1?

No, studying for any CFA exam in less than 6 months will not give you enough time to adequately prepare unless you have a relevant background in the curriculum. According to CFA Institute, candidates study on average 348 hours for the Level I exam, 364 hours for the Level II exam, and 365 hours for the Level III exam.

Which Kaplan package is best for CFA?

Kaplan Schweser

PremiumPlus includes all of that with the option to choose live classes or live review workshops. You might choose Premium if you're looking for a comprehensive CFA study program at a reasonable price. If you'd like something more interactive, PremiumPlus fits the bill.

SchweserNotes™: Your Essential CFA® Exam Prep

What is the best CFA Level 1 prep course?

Is 65 enough to pass CFA?

CFA Level 1 passing scores 2012-2023 (estimated)

We estimated that CFA Level 1's MPS ranged from 56%-74% from 2012-2024, with an 12 year average of 65%. The latest estimated MPS for CFA Level 1 (i.e. Nov 2023 exams) is estimated to be around 68%. The latest estimated MPS for recent CFA Level 1 exams are: Nov 2023: 68%

Which level of CFA is most difficult?

It would be safe to generalize that most CFA charterholders would call Level 2 the hardest of the CFA Exams. However, with patience, dedication, and practice, candidates can conquer the Level 2 Exam.

How long should I give myself to study for CFA Level 1?

Successful Level I candidates spend more than 300 hours preparing for the exam on average. The best strategy is to leave at least four months (approximately 17 weeks) to finish all the reading material.

Can I prepare for CFA Level 1 in 5 months?

& How Long to Study? Most level 1 candidates start their CFA exam preparation around 5 months before the level 1 exam, more or less. With a 5-month CFA exam study plan, it is calculated that you should study approx. 15 hours a week.

How many people pass CFA Level 1 first try?

Overview of CFA Pass Rates Since 2014. The latest CFA pass rates are: 35% for Level 1 (Nov 2023) 44% for Level 2 (Nov 2023)

What is the hardest subject in CFA l1?

Having said that Fixed Income, Derivatives, and FSA are the hardest level 1 CFA exam topics, it's time to rank all of the 10 level 1 topics by difficulty.

Can you pass CFA Level 1 by guessing?

If you need to correctly answer 135 questions to pass the exam, you don't have to know the answer to 135 questions. That should give you confidence. It's OK to guess on some questions. A passing score is within your grasp!

Is Kaplan the best CFA prep?

1. Kaplan Schweser. Kaplan Schweser offers some of the most popular CFA prep courses on the market. There are three course packages to choose from: PremiumPlus, Premium and Essential.

How hard is the CFA Level 1 actually?

CFA exams are not easy, and Level 1 is just the start. Commonly cited as one of the world's hardest exams, CFA Level 1's difficulty is comparable to a diploma level and gets harder from then on.

Is Schweser secret sauce worth it?

Schweser's Secret Sauce: a concise summary of the entire curriculum as a 200-page A5-format book. It is only useful once you have finished reading the SchweserNotes, but it will be gold during the final month.

Is 6 months enough for CFA Level 1?

6 months are definitely sufficient to prepare for your level 1 CFA exam. With 6 months, you can easily plan for roughly 400 hours of studying during your exam prep.

Is 2 months enough for CFA Level 1?

How to Learn for CFA Exam in Just 2 Months? Level 1 CFA Program Curriculum is over 3000 pages long (including end-of-reading questions), which means roughly 50 pages a day to go through over the following 60 days (without any day off).

Is 4 months enough for CFA 1?

If you set up your personalized level 1 study plan, you'll get around 300 study hours divided into roughly 4 months. This time is arranged so as to factor in all 10 topics and a proper revision before your exam. You'll be given the average study time per week plus an estimated time for every reading (module).

Why do most people fail CFA Level 1?

Failed to Study Enough Hours

It is often hard to manage the work, social life, and study balance. And, of course, the discipline needed to maintain your studies is one of the key reasons the CFA charter is so highly valued by employers. Level I is a foundation level based on core finance principles and concepts.

Why do so many people fail CFA Level 1?

Many candidates handle their studying exclusively in short, one-hour chunks then do poorly on the exam because they are not prepared for the level of mental fatigue. Further, mock exams force you to answer problems across the curriculum instead of only looking at specific sections.

Is the CFA harder than the bar?

CFA Exams Pass Rates

The CFA exams are perhaps the most challenging exams out there. They are often referred to as “bar none” the toughest exams—even harder than medical school or law school exams—with pass rates that hover around 50% and were much lower during the recent pandemic.

How old is the average CFA?

Age and Generational Diversity in Finance

In fact, among CFA Institute members, the average age is 42.5.

Do you need to be smart to pass CFA?

Truth is, it doesn't matter how much finance background you have or even how smart you are. The questions in a CFA exam are so detailed that you will never be able to answer them correctly without studying enough.

Can I pass CFA with 60%?

To pass CFA Level I, you probably need to target 70% in as many topics as possible... In other words, you don't have to get more than 70% in everything to pass. Some say you can get as low as 65%, or even 63%. You don't even need to get more than 51% in everything to pass.