How to Prepare for the CFA Level I Exam with SchweserNotes and IFT Study Notes
If you are planning to take the CFA Level I exam, you might be wondering how to study effectively and efficiently. The CFA Program curriculum is extensive and covers ten topics that test your knowledge of finance, economics, accounting, ethics, and more. To master the material and pass the exam, you need a study plan that includes reliable and exam-focused study notes.
In this article, we will introduce you to two popular and proven study resources for the CFA Level I exam: SchweserNotes and IFT Study Notes. We will explain what they are, how they can help you, and how to use them in your preparation.
What are SchweserNotes
SchweserNotes are concise and comprehensive study notes that cover the entire CFA Level I curriculum. They are produced by Kaplan Schweser, a leading provider of CFA exam prep materials. SchweserNotes help you retain critical information by breaking down the content into exam-focused modules, examples, and quizzes. They also highlight the key formulas, definitions, and concepts that you need to memorize for the exam.
SchweserNotes are available in print, online, and eBook formats, so you can choose the one that suits your learning style and preference. They are also integrated into Kaplan Schweser's online learning platform, where you can access additional practice questions, videos, mock exams, and more.
What are IFT Study Notes
IFT Study Notes are free notes that cover the 2023 CFA Level I curriculum. They are produced by IFT World, a provider of online CFA exam prep courses. IFT Study Notes closely follow the curriculum and cover each learning outcome statement. They also include summaries, diagrams, tables, and formulas to help you understand and remember the concepts.
IFT Study Notes are available online on IFT World's website. You can download them as PDF files or view them on your browser. You can also access other free resources from IFT World, such as videos, quizzes, mock exams, and more.
How to use SchweserNotes and IFT Study Notes in your preparation
Both SchweserNotes and IFT Study Notes are valuable resources that can help you prepare for the CFA Level I exam. However, they are not meant to replace the official CFA Program curriculum or other study materials. Rather, they are designed to complement and reinforce your learning.
Here are some tips on how to use SchweserNotes and IFT Study Notes in your preparation:
Start your preparation early and create a realistic study schedule that covers all the topics and readings in the curriculum.
Read the official CFA Program curriculum first to get a thorough understanding of the material. Then use SchweserNotes or IFT Study Notes as a review tool to reinforce your knowledge and focus on the most important points.
Use the examples and quizzes in SchweserNotes or IFT Study Notes to test your comprehension and application of the concepts. Review your answers and explanations carefully and identify your strengths and weaknesses.
Use the QuickSheet from SchweserNotes or the summaries from IFT Study Notes to revise the key formulas, definitions, and concepts before the exam. Make sure you memorize them well and know how to use them in calculations.
Practice as many questions as possible from different sources, such as Kaplan Schweser's online platform, IFT World's website, CFA Institute's website, etc. Mock exams are especially important to simulate the real exam conditions and assess your readiness.
Review your performance regularly and adjust your study plan accordingly. Focus on your weak areas and review them until you feel confident.
By following these tips and using SchweserNotes and IFT Study Notes effectively, you can increase your chances of passing the CFA Level I exam. Good luck! aa16f39245