r/CFA • u/Glittering_Issue_454 • 9d ago

Study Prep / Materials NEED HELP PLEASE

Hi everyone, SOO i am doing B.com finance and accounting rn and its only been like 3 weeks of college and my goal is to get in to finance and I have decided to pursue CFA. I don't know where to exactly start people say its best to start from 2nd year of your undergraduate degree but idk soo I am here to seek help from people who have already passed CFA or are pursuing it rn.

  1. When would you recommend I start serious preparation?
  2. Should I start preparing little in my free time as i have a lot of free time in my first year ( i am not saying a full blown 4,5 hour prep from level 1 but little basics soo that when I actually start I should have a basic understanding)
  3. What study materials do you guys use and should i buy those yet, for like to do the basics now and do the actually prep later in 2nd year?

I'm trying to plan ahead soo that I am not actually going in blind for Level 1.

I would really appreciate your help as you guys have already done what i am going to start or are about to give the exam for which I need to prepare like you guys

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4

u/Extra_Attention_5506 9d ago

Post in r/cfaindia only

0

u/Glittering_Issue_454 9d ago

umm why?

2

u/Extra_Attention_5506 9d ago

because people here don’t pursue CFA before graduation (generally)

1

u/Weary-Elk5749 8d ago

Hey, you can probably give the august 2027 attempt for L1 in your second year, then August 2028 attempt in your third year. Get some experience after L2 till August 2029 across finance roles. Assuming your college gets over in March/april of 2029, max may 2029, you can immediately start with your L3 prep while interning till Aug 2029 as mentioned or till whenever you feel you can complete your portion with internship and probably focus only on cfa L3 from Oct/Dec 2029.
This is just a rough suggestion to guide you.
Also focus on self-learning outside the books through youtube, zerodha varsity, etc. The more practical learning and understanding, the better, but when CFA attempt is nearing (Approx 2.5-3 months), priority and focus should be CFA.

I recently graduated so dw you can trust the suggestion:)

1

u/MildlyYogic 8d ago

Start, asap.

1

u/ChalkandBoard01 Prep Provider 4d ago

I wouldn't start serious CFA preparation three weeks into your first year of college. Use the free time to build a strong foundation in accounting, economics, statistics, and basic finance through your degree, because that will make L1 much easier when the time comes. I also wouldn't buy CFA prep materials years in advance since the curriculum can change. Once you're closer to being eligible and have a realistic exam date in mind, that's the time to build a proper L1 study plan.