I just passed CFA Level II and I am interested in doing CAIA Level 1. I just want to get a sense of the # of hours of time committment. Many thanks in advance.
According to some of the other posters in here, 4 or 5 hours of light review should do the trick.
Seriously, a good starting benchmark is 10 hours per week over 3-4 months. But then again, your starting point could be different. I was already a CFA Charterholder when I studied for the CAIA exams, and while I probably studied with overkill, I don’t like to half-a$$ exam-taking. I have no respect for people that brag about doing minimal studying and then acing an exam. It’s risky business. Like the jerks who bust your hump if you get higher than a 72 on the Series 7. Just a stupid mentality. But I digress…
I put in 149 hrs for CAIA level 2…I didn’t track hours for CAIA Level 1 but I would guess around 80-100 hrs.
Hi guys,
I’m enrolled for the CAIA level 1 test on the 27th of Sept. Would you believe it, I havent started studying yet! I passed my CFA level 2 last week and have been too lazy to open those beautiful CAIA books I ordered from Upper Mark and hit the ground running.
I did notice some overlap in the CAIA and CFA level 2 material.
Is there anyone in NYC writing the test in Sept? Maybe nice to swap study strategies, track progress etc. I also signed up for a CAIA classroom course (probably not worth the $$$ spent but I personally prefer the structure of a live class).
The CAIA forum on AF is pretty dead.
Sounds like youre about to over prepare…i went schweser…have you always used Upper Mark?
Not really. I heard their materials are good. The class I joined provides their materials, plus I have access to their question bank.
I do want to pass this thing; spent too much money on this. Plus my company doesn’t reimburse me for this test.
The material looks interesting; I just need to make a study plan and stick to it.
I’m in the same boat as you. Pass Level II of the CFA and now getting into CAIA level I. Two of my friends from work have passed Level I for CAIA. One was in the same position we were in last year, other passed both levels in 2012. One studied for about 5 weeks putting in 1-2 hours a day and a full day on saturdays. The other took a week off of work and cramed before his examed. Clearly very different strategies that ended with the same result. With 58 days left putting in an average of 2-3 hours a day can get you to the 150 recommended hours.
I’m using Schweser as that is what i’ve had success with for the CFA. Company is paying for the materials but I chose the Essential Plus on schweser and no live classes.
The good part of this test is that there’s some overlap with the CFA level 2 material (big yay!).
I finally opened my books yesterday; will need to build up momentum over the next few days/weeks. What I like about Uppermark so far is the material is concise.
I want to leave 2 weeks for mocks etc in Sept.
Wow. I like, many of you above, also passed CFA Level II in June. I read through the entire CAIA book in late June. Just now really getting back into it (went on vacation, moved, and started a new job). Ordered Qbank from Upper mark which seems pretty solid. I highlighted the CAIA book when reading it the first time, so now just going back through and making note cards and doing practice questions. Not too worried. My study plan is set up to get to 120 hours which I think should be plenty. I LOVE that ethics is the exact same (I hate this section on CFA… just like leverarging what I already learned).
Good Luck all, and let’s try to make this forum a little more active. AF for CFA Level II was extremely active which was nice.
Where’s everyone at in terms of getting through the material? I’m almost through the first Uppermark book but its going too slow for comfort. Need to pick up pace fast!
My goal is to get through all the material by end of Aug. and take a deep dive into the Uppermark questions and practice tests. I’m signed up for the test on Sept. 27th.