Hi fellow forumers, I am re-sitting for the Level I exam in Dec '09, having failed the exam in June '09 with a band 6. However, I have only just started studying for the exam a few days ago. With 45 days left to the exam day, what do you guys suggest I should do for my study plan? Any ideas? I plan to try and finish studying everything by November 1st and then do as much practice questions as possible. When I failed in June '09, I did not do much practice questions and barely finished reading the materials (only started to study 3 weeks before exam). I hope I can finish reading this time around.
Hello xenogearz I’d suggest you start from book 1 ethics and possibly you could finish the curriculum in 10 days (if u study day nd night) as you already have gone through it all before…1 month of practice exams would be good. All th best!
You could try completing two readings every day (74 readings / 2 = 37 days) which leaves 8 days for QBank and taking practice tests. Alternatively, try skipping the material altogether and just read the end-of-chapter summaries. Good luck
I think you should stop wasting time on the internet and start reading.
bro, you can do it, that’s what im shooting for in L2
I_Passed_Level_1 Wrote: ------------------------------------------------------- > bro, you can do it, that’s what im shooting for in > L2 Balls o’ steel.
Since you have taken the exam before (with a pretty OK score of 60%), I think should spend more efforts concentrating on Qbanks. Another suggestion: read the Secret Sauce by Schweser, which has a concise summary of all key points. Good luck!
You should sign up for June 2011 now you’ll save 95%!!! If you have notes, review those and just keep doing practice questions. In 4 weeks you should be able to finish all of Qbank and the old exams.
xenogearz, are you serious? You have 45 days and you wanna spend 35 doing questions? It’s funny. But it seems to me that everybody on AF thinks that solving practice questions is the most important thing. I agree that practice questions is important, but if I only had 45 days I’d study about 40 days. Remember that the format of the exam is very different from most practice questions.
Hit the questions - you said that was your weakness before!
You have to understand all the concepts and do practice questions…no way around it. You probably retained at least 50% of what you studied in the previous sitting. Good luck
If you are serious about clearling it, you should have given more time to it than 45 days. There is a risk you may not clear it, given you have so little time to champion it. But the bigger risk is loosing interest in the program itself, if not cleared this time. You could consider skipping it this time and doing it with full heart in Jun 2010. Good Luck, both ways.
^Also, if you are into it full time, then 45 days is no less time. It is 8 * 45 = 360 hrs. Just go for it all out. 75% of the time on reading and 25% on questions, I would say. Good Luck.
Hey mate, I started studying for L1 55 days out, though this is the first time I’m sitting it. I know the extra 10 days makes a huge difference, but thought I’d share my experiences with you thus far nonetheless. I think, given the limited amount of time, the key is to really focus on your weakest areas and not study things you’re already strong in just for the sake it. I’m coming from an Applied Finance/Actuarial Studies Bachelor, so I only spent 1.5 days going through the quant section as I knew the majority of it already. Whereas I haven’t touched Economics and parts of FRA since 2nd year uni, so I’m spending a significant amount more time on those sections. My plan was/is to spend the first 3.5 weeks going through all the material once (no questions, just reading Schwesser). Then spend the next 1.5 weeks going over the SS I’m not confident in, whilst focusing on QBank for those SS simultaneously. And for the last 3 weeks I’m going to just hit Qbank/Practice/Mocks. Also, I’m choosing to read Ethics last as I’m sure if I did it first I would have totally forgotten it by the end of the 3.5 weeks. It just depends on the person though… I guess your employment situation also makes a big difference. I’m only working 4 days/week (8 hours days), so it isn’t too bad… Good Luck with it anyway!..if you’re dedicated over the remaining time there’s no doubt it’s possible to get through