One-Month Study Plan – Level I of the CFA® Program

One-Month Study Plan – Level I of the CFA® Program

There is only one month to go before the Level I CFA exam, and you should already be performing quizzes and mock questions. If it’s not the case, then it’s definitely time to take a deep breath and buckle down to the daunting task ahead.

This study plan takes into consideration that you already read and reviewed all chapters or summaries. In my opinion, the last month should be dedicated only to practice questions and final revision.

Study Plan

What I am proposing here is a precise 30-day schedule. On CFA Institute’s website, we find that the CFA exams will be held on Saturdays only. In other words, the study plan will always start on Thursday and will always end on a Friday.

1-month study plan

Bullet Points

  1. The schedule contains four half-mock exams (1 per week) for a total of 480 questions. For better results, I suggest answering all questions without the answers. This might be hard on the first Saturday, but I really think it makes a huge difference in how you apprehend the questions and try to solve them. You should also keep track of the time and try to stick within the frame suggested.
  2. Resting one day a week shouldn’t make you anxious. Like a muscle, your brain needs to relax and think about other stuff. This will make your thoughts clearer and when back to work, you will perform better. You probably also noticed that I left the two last days blank. There is nothing worse than finding out a few hours before the exam that you haven’t understood a concept and this is why I recommend this part of the schedule.
  3. You don’t want to fail Ethics! Begin with it, finish with it and pay it peculiar attention during mock exams. Most important, you should know exactly how to comply with the Standards of Professional Conduct and what would be considered a violation. If you want a free summary with relevant question examples of the Standards, click here.
  4. There is a lot of emphasis on “Financial Reporting and Analysis” and “Quantitative Methods”. I believe that these two chapters give you many tools that help in other topics. In other words, when you study FRA and QM, you improve your overall understanding of the curriculum.

If you’re still looking for a question bank and mock exams, have a look at our preparation materials by clicking on this link. Remember that about 61% of candidates revealed in the 2015 CFA Institute survey that they used third-party preparation materials, in addition to the assigned materials and that you then chance of passing the Level I CFA exam on your first attempt is basically one in three. I know you don’t want to fail the exam and have to repay registration fees, so stack the odds in your favor by using all of the study material you deem suitable.

FAQs 

1. Can I pass CFA Level 1 in 1 month?

Yes, it’s possible to pass CFA Level 1 in 1 month with focused study, disciplined daily schedules, and frequent practice with mock exams and quizzes.

2. How many hours a day do I need to study for CFA Level 1 in 1 month?

You should aim to study about 6 to 8 hours daily to cover the entire CFA Level 1 curriculum and practice sufficiently within one month.

3. What topics should I prioritize if I only have 1 month to prepare for CFA Level 1?

Prioritize Ethics, Financial Reporting & Analysis, Quantitative Methods, and Fixed Income since they carry the highest exam weight and scoring potential.

4. Is one month enough time to study for CFA Level 1 if I work full-time?

It’s very challenging but achievable with a strict study schedule that includes 3–4 hours on weekdays and 8+ hours on weekends.

5. What is the best study strategy for CFA Level 1 in 30 days?

Use a structured daily study plan combining reading, formula review, and practice questions, with the last week dedicated to mock exams and weak area review.

6. Where can I find reliable CFA Level 1 practice questions for fast-track prep?

AnalystPrep offers a comprehensive question bank, quizzes, and mock exams tailored for accelerated CFA Level 1 study plans.

7. Should I focus more on practice questions or readings if I have only one month for CFA Level 1?

Balance both, but prioritize practice questions to reinforce concepts and improve exam readiness, especially in the final weeks.

Conclusion

There is only one month left before the exam and the only way for you to have enough time to review the whole curriculum is to be organized. This study schedule is the first step in that direction but there is still work to do to adapt it to your needs. Don’t hesitate to take into account your strengths and weaknesses when planning your own. Good Luck!

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sindhushree reddy
sindhushree reddy
2021-01-07
Crisp and short ppt of Frm chapters and great explanation with examples.
Hui Ni
Hui Ni
2020-12-18
Thanks for the effort and time spent in making these wonderful video! Not only did it help with it academically, it makes me feel motivated and comfortable that have someone guiding me through every chapter after chapter! Appreciated very much! ?
Geoff Graae
Geoff Graae
2020-12-18
With the help of analystprep I cleared both FRM 1 & 2. The videos posted online are some of the best resources I used and I would recommend them for anyone looking to clear this program. Thank you!!
Nithin Nallusamy
Nithin Nallusamy
2020-12-09
FRM instructional videos was very helpful for my exam preparation! Prof.James is such a good heart and his way of teaching is impressive! Thanks a lot prof for free YouTube videos...
Isha Shahid
Isha Shahid
2020-11-21
Literally the best youtube teacher out there. I prefer taking his lectures than my own course lecturer cause he explains with such clarity and simplicity.
Artur Stypułkowski
Artur Stypułkowski
2020-11-06
Excellent quality, free materials. Great work!
Ahmad S. Hilal
Ahmad S. Hilal
2020-11-03
One of the best FRM material provider. Very helpful chapters explanations on youtube by professor James Forjan.