It is popularly believed that CFA preparations need 100% commitment and dedication. CFA is counted among the toughest exams across the globe, so it is evident why one needs to try so hard for it. CFA prepares the candidates to take on any challenge or complications in the financial field and thus has an extensive curriculum.
The CFA curriculum is devised by the CFA Institute keeping in consideration contemporary financial trends and tools. The curriculum for CFA is thus updated from time to time to expose the aspirants to global financial trends. The topics and the areas covered are designed to be relevant to the coeval times so that the aspirants are well aware of the trending financial topics.
Of late, many prep providers have come up with CFA preparation courses that could be a great help to candidates preparing for CFA. CFA level 1 videos and valuable study materials designed by them help candidates in their preparation.
How to prepare for CFA exams?
The CFA exam is held at three different levels, and once you succeed in all the levels you receive the designation. The CFA certification is the world’s most prestigious investment management designation and so undoubtedly its preparation is a rigorous process.
If experts and successful candidates are to be believed and trusted, 300 hours of preparation is a must for CFA. With an extensive curriculum that ranges from CFA level 1 economics to alternative investment, a total of 10 extremely essential topics to master investment management and finances.
It is always ideal to prepare smartly, that is giving those topics and areas priority that have a greater weightage. Sorting out topics that are easier to understand and have your interest and preparing them first. It is also important to keep revising throughout so that the topics completed are not forgotten.
Once the entire curriculum is completed, the time comes for rigorous practice. Always remember the more you practice the more you are exposed to the question pattern. Practice also helps you in time management during exams.
With a wide range of modules and divergent topics, it becomes difficult to prepare all by yourself. It is only a smart decision to register with any prep provider that will guide you better with their exclusive tutorial and study materials.
Why opt for Prep Providers while preparing for CFA?
Opting for a CFA course with a reputed prep provider can be very beneficial while preparing for the exams. They are equipped with course materials that are processed in a way that makes learning fun and easy.
The prep providers have many packages for preparation, one can choose the one that is convenient and affordable for them. These packages are based on the study materials and access to different streaming CFA level 1 videos and other contents, that are designed to make the preparation smoother.
The preparation courses are prepared with a deliberate effort to make it time-efficient and a focused learning experience. The study materials are designed to give you an overall idea of the topic and clear your confusion for the same.
These courses help you to easily visualise, process and retain the information on the topics. Some of these courses have also designed effective animations and videos that help learn better.
Check out some of the advantages of signing in with a prep course for CFA preparations:
- They are instrumental in covering the curriculum in a time-efficient way.
- The prep courses can be customized based on the requirement and progress of the candidate.
- The practice tests offered by these prep providers are very helpful as they will offer the most relevant preparation papers based on the exam pattern and marks distribution.
- Aspirants signing in for these courses get access to informative videos crafted exclusively for CFA preparations.
- The study material and videos are concept-focused so that you are clear on the topics and your conception is comprehensive.
Why are online prep providers better than offline courses?
While you decide on opting for help during your CFA preparation, confusion might arise that whether it should be an online or offline set-up. Well, at any time an online prep course is the best option for preparation.
With an online course, you get the liberty and flexibility to complete the course at your own convenience. Since most people appearing for the CFA exams are already engaged in an academic course or are working. Managing the CFA course in an offline setup can be inconvenient.
Many online prep providers have designed the curriculum keeping in mind the various types of candidates and their convenience. They have arranged the curriculum by topics, digging out the important areas and highlighting them for better understanding.
Whether you are finding the CFA level 1 economics or CFA level 1 portfolio management the most difficult. Opting for an online prep course will help you deal with it. These courses offer proper guidance and study material to cover the extensive curriculum and make the best use of your preparation time.
[Also Read:- MS In Civil Engineering In Canada: Top Universities]