What To Do Right After Registering For The Exam


It’s that time of the year when many of you register for the exam. Why? Because if you did not know, the costs of registering for the exam increase over time as the exam gets closer.

Item by

21 September

by

15 February

by

14 March

Program Enrollment
(new Level I only)

$420 $420 $505

Exam Registration

$650 $745 $1,005

CurriculumeBook version

save $40 save $40 save $40

Total

$1,030 $1,125 $1,470

It’s a great idea to register early to save on fees, obviously. However, I think it’s also important to take more action than just sign up. A majority of candidates that sign up early end up doing absolutely nothing for several months. I know, I’m the first one to say that you can pass the CFA exam in a matter of a few months. However, I’ve also been very clear about the fact that while earlier month preparation will not make you pass, it is what can set you up in the best possible way for those last critical weeks of studying.. I would personally recommend taking a few actions after signing up for the exam, both to get some advance but also profit from the fact that you have some motivation and momentum.

Steps I Recommend

#1-Decide On The Tools That You Will Use – Will you be using the books, summary notes, qbank, mock exams, etc? I know, it’s difficult to decide so far ahead but I will tell you that you will be able to adjust over time. You do need this for the #2 step. You can also order the material that you do intend to use first, you might even get cheaper prices since you are ordering in advance.

#2-Study Planning: I’ve often said that the planning was critical in passing the exam and while it seems far in advance, you will be able to adjust over time. There are many different ways to plan your study but here are a few pointers:

-Finish the material early:reading the books is just a small part, you should finish reading them 2 months or so before taking the exam (ideally)
-Plan a mock exam early: I’ve written about this. The first mock exam often triggers a lot of different things for candidates, the earlier, the better
-Plan your vacations: As I’ve said in the past, I strongly believe in taking the next to last week off to study but that can change depending on each person.

#3-Think About And Write Your Motivations: This can be a couple of sentences of 2 pages long but it should be a reminder of why you’re doing this, something you will look at when things will get tougher.

4-Stick To The Schedule: Once you have a plan in place, it becomes way too easy to always postpone reading, studying, qbanks or mock exams. What will one day difference change? A lot actually. It’s more about the fact that you feel like it can be postponed that becomes a big problem.


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