How much study needed given work experience?
I have registered for the December CFA Level 1 exam, and have been going through the materials (reading, making some notes). I was wondering how much study would be recommended - most of the recommendations I’ve seen have factored what sort of major you did in college, but I haven’t found much about how this changes depending on work experience .
I was a STEM major but did take some accounting, finance and economics. I have work experience, and between my internships and full-time work I’ve spent time in investment research, sales and trading and investment banking. In those roles I’ve had professional exposure to fixed income, derivatives, equities and corporate finance, with fixed income being my main focus now.
Given the fact I have a decent amount of industry experience, should I still be treating the exam like someone with a limited academic background? Are there a lot of areas in the CFA that are treated more academically than in industry?