Engr2012
Narenn , CFAI materials are very lengthy and you will not be able to finish all of them before your level 1 in June. Schweser notes are all that you need, these are well detailed and cover all the important details for the exam. If you want a better understanding of a particular topic, refer back to CFAI materials.
Do solve questions at the end of the chapters and give the topic based exams that are available on your student page on CFAI's website.
debbiem
Hi Narenn,
I cleared my CFA level 1 in Dec 15.
I think Elance guides r good and the schweser is good as well. But, CFA material is huge. Benefit for me was that i have already completed my FRM which has a course similar to CFA.
I would suggest you stick to schweser. It is trusted, many people have used it.
Not much time is left and you gotta go through all modules. Pay special attention to ethics, quant and FRAs.
Good Luck!
Thanks
Engr2012 and
debbiem for your advices!! I finished ethics in last week using CFA books, but from now will be using Schweser notes to complete remaining syllabus. BTW,
debbiem what was the passing percentage in Dec 15 exam? I've heard that it generally stays around 70% but this time it's likely to go above because of changes in exam structure.
Let me chime in here. The pass % of level1 has never been more than 45% since 2003 as mentioned at
Dec 2015's pass % was 43% and level 1 happens to be the most difficult of the 3 (statistically speaking) due to sheer amount of course material to read.
As for sectional divisions, yes 70% per section (usually in the major sections (Ethics, QM, FRA, Corp Fin)) can
see you through.