The CFA preparation is a truly a great experience that will bring all the best out of you. The CFA is a professional certificate that gives me the professional and ethical content that I really need in the business world. The CFA is different from the other finance programs and the MBA, I believe, because of these two pivotal issues.
My preparation for the CFA started somewhere in November 2007 and I started with the Ethical and Professional standards. I sent a week in the this area, solved some cable of question form Schweser 2007 Book 1 and the CFA Level I 2008 Program Curriculum vol 1. The strategy was to spend a week for each study session. Principally, I completed the entire study session in March 2008 with two months to bath in to practices. I had to break in April to finalize my studies for the PRM Exam II paper. My attention is switch to finalizing my preparation for the CFA Level I June exam.
I used the first two days of May to generally summarize my readings on the CFA Level I. Here, I tried to assemble all the notes, questions and the thoughts that I have used for all these months of preparation for the paper. I now planned to have model CFA exam every day from the first Saturday of May. I take Schweser Book 6 practices where I take the Morning Session from 09:00 - 12:00, break for an hour and take the Afternoon session from 13:00 - 16:00. I carefully and tactfully review all the questions from 18:00 until I believe I got full grips of all the questions I got wrong, why I got them wrong, questions that I got correct, why I got correct. Here, my strong focus is on the questions that I got wrong and those I got correct but I have to guess all through the way. The schedule for Sunday is slightly different with the exercises starting an hour later in the morning. Hey your may ask what about the weekdays, my Monday to Friday is exercises were entirely different, here the preparation starts petty early, around 0:00 in the morning all the way to 7:00. I bath and go to work.
In the nutshell, this was the way I am preparing for the exam.
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