Saturday, June 27, 2009

A Lot of Studying

I have mentioned previously that I signed up for the CFA Level I exam in December 2009. It is directly related to my career path and is a graduate-level, independent study exam, though 3-day seminars and 16-week courses are available. I am lucky enough that my employer covers the registration costs of the each of the three exams as well as additional study materials. A lot of individuals in my industry are looking towards this instead of an MBA, though having both is even better, of course!

I have been trying to put in a lot of study time. 250+ hours of study are recommended, an average of 15 hours per week for 4 months. Luckily I started early and have time on my side and am about to complete a second topic area of study. However, it is an extremely overwhelming amount of information. Most of it will be brand new material, but a lot of it also comes from my Finance degree and Accounting minor background, which certainly does help. And some days I just don't have the brain capacity to study, or I get distracted by doing things with friends.

The studying will be a long, stressful, trying time over the next months until the exam at the beginning of December. I have always been a hard worker and diligent studier, I just know I have to buckle down and learn all the material. In the end, whatever the result, it will be worth it - for I truly enjoying increasing my knowledge.

2 comments:

HighClassLowIncome June 28, 2009 at 12:40 AM  

I have a friend that just finished taking the 3rd exam so I know how much studying goes into this thing! Good luck!

Carrie August 12, 2009 at 2:17 PM  

Just found your blog! I can relate because I am currently studying for the CPA exam.... I thought I was done with studying after college! Ha ha...can't wait to hear how it goes!

-Carrie

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