Is 40 days and 320 study hours enough to pass CFA Level 1?

Hey everyone, I’m in a bit of a time crunch and could use some advice. I’ve got about 40 days until the CFA Level 1 exam and I’m just starting my prep now. I know it’s cutting it close but I’m on vacation and can dedicate 8 hours a day to studying. That’s roughly 320 hours total.

My background is in Economics (undergrad) and I did some commerce and accounting in high school. I’m wondering if this is even doable or if I’m just setting myself up for disappointment. I’ve already pushed the exam back once before.

Has anyone here managed to pass with a similar timeline? Any tips or strategies you can share? Or should I just face reality and postpone again? I’m really torn and could use some honest feedback from those who’ve been through it. Thanks in advance for any insights!

hey, i get ya. i reckon u can nail it if u stick to a tight schedule and focus on tough areas. maybe cut some slack if things get heavy. just trust your prep and adjust if needed.

best of luck!

While 320 hours might seem substantial, cramming for CFA Level 1 in just 40 days is incredibly challenging. Your economics background gives you an edge, but the exam covers a broad range of topics. Realistically, you’re at a disadvantage compared to candidates who’ve prepared for months.

That said, it’s not impossible. Focus on high-yield topics and practice questions relentlessly. Utilize summary sheets and mock exams to maximize efficiency. Be prepared for intense, disciplined study sessions.

Consider your stress tolerance and career implications. If failing isn’t an option, postponing might be wiser. However, if you’re willing to give it your all and accept the risk, it could be worth attempting. Just ensure you’re making an informed decision based on your circumstances and goals.