Hello, I am due to take the Level 1 CFA exam in December. I am going be getting classes for this on the weekends and there is also one MCQ session on Tuesdays. To my understanding there are going to be 18 study sessions and mock exam practice. Is this a standard CFA attaining procedure? If I move away to a different city (should I attain a job elsewhere) and am unable to continue the study sessions etc will I be at a serious disadvantage for L1 preparation?
Thank you.
no
textbooks come with the exam registration, its up to you if you want to go through them yourself or get somebody to teach you
And you get enough free videos for L1 on the net now anyway! So definitely not mandatory to have to attend classes.
Attending classes do have certain advantages (it worked for me basically in level 1):
Contacts of other students in your city
Networking and you can get job offers through them as well.
You get into this study habit for sure because you have spent money on the classes and you want to get as much as possible out of the session.
I know lot of people who disagree with the above. If you are non finance guy, dont have many networks and are easily distracted - I would really suggest a class!