Direct Path to the CFA Charter by Rachel Bryant

1. Costs
   1. Enrollment: $450
   2. Exam: $930*3=2,790
   3. Analystnotes: $99*2 =198  VS. Schweser premium plus study package $1,499*3=4,497
2. CFA Exam topic area weights

	Level I 240 multiple choice questions 9-12 am-120 questions 2-5 pm-120 questions Offered twice per year June and December	Level II 120 multiple-choice questions which accompany vignettes (short narratives). Each vignette is followed by six multiple-choice questions. June only	Level III Constructed response (essay) question in the morning and multiple-choice questions in vignette format in the after. Only offered in June
Ethical and professional standards	15	10	10
Investment Tools
Corporate finance	8	5-15	0
Economics	10	5-10	0
Financial Reporting and Analysis	20	15-25	0
Quantitative Methods	12	5-10	0
Asset Classes
Alternative investments	3	5-15	5-15
Derivatives	5	5-15	5-15
Equity investments	10	20-30	5-15
Fixed income	12	5-15	10-20
Portfolio management and wealth planning	5	5-15	45-55
Total	100	100	100
Aimed Passing score	85	80	75
Passing %	40%	40%	50%
Hours of study	350-15 hr/wk in the 14 weeks and 25hr/wk  in 45days	500-20hr/wk in the 14 weeks and 35hr /wk in 45 days	450-17hr/wk in the 14 weeks and 30hr/wk  in 45 days
Number of practice questions	1,500 practice questions 300 flash cards	900 practice questions 600 flash cards	700 practice questions 450 flash cards

 

3. Curriculum books or study notes
   1. In level I, study notes can fully replace the CFA Institute curriculum except ethic section. See point 4. Read the handbook and do the practice questions.

In level II & III, curriculum books should serve as main study medium. Third party notes help you focus on key point.

4. Ethics
   2. 2 pages of pamphlet-code and standards-must memorize
   3. 200 pages Standards of practice handbook
   4. Asset manager code of professional conduct
   5. Skip the curriculum’s ethics cases
   6. Attempt at least 100 practical problems
5. Resources
   1. Allen resources: https://www.allenresources.com/
   2. Analystnotes: http://analystnotes.com/index.php
   3. BPP university: http://www.bpp.com/professional-education/CFA
   4. CFA Institute Curriculum: https://www.cfainstitute.org/
   5. Fitch Learning: https://www.fitchexamprep.com/
   6. Kaplan Schweser:  https://www.schweser.com/cfa
   7. https://www.300hours.com/
   8. https://www.analystforum.com/
   9. http://forum.theanalystspace.com/
   10. Thomson Reuters Messenger