Total study time - whole program

CFA Level III
#1

Hi all

Curious to see how much total study time people used to complete the program. I start myself:

L1 Dec 2012 : 250

L2 June 2013: 350

L3 June 2014: 450

Total: 1000 hours

#2

I’d probably be around 1,000 as well. So much opportunity cost…

#3

I’d Say between 900 hours 1,350 is ideal…

#4

I’m a very slow reader. So far im around:

L1 - 400

L2 - 500

And expect to do 500 for L3 to make sure I pass.

#5

most people fail 1 level, so double of those study years

#6

About 350 each for L1 and L2. Plan on doing about the same for L3.

#7

About 1200 for me.

#8

1500hrs for L1, 1000hrs for L2, I’ll be spending at least 1000hrs for L3

#9

^Seriously?

I think I spent ~1300 hours. That includes failing L2 once.

#10

^^ Trolling?

#11

One of these days, your parents are going to expect you to move out…

#12

I am from non financial background, I wrote level 1 in dec 2013, level 2 in June 2014. I’m currently preparing for level 3

#13

I spent 6000 hours on L1, 8000 on L2 and plan on 10,000 hours for L3

#14

I also come from non-financial background and that is just absurd

#15

not even remotely beleivable so not funny

#16

I can kinda understand a thousand hours for L1, if you count all the finance/accounting/econ/statistics courses that you took in college. But after L1, I don’t get it.

You got your results at the end of January. So from Feb 1 to June 1, you spent 1000 hours studying. That’s about eight hours a day, every day, seven days a week, right up until test day. Am I right?

Or suppose that you started studying the day after you took L1. That’s only 5.5 hours a day every day for six months straight.

#17

It was kinda funny lol

#18

You have the right not to believe and am out to convince you, I started studying exactly two days after L1 exam. 5.5hrs a day is nothing to me, I can actually spend more than that.

#19

~1000

#20

At $25 an hour that is close to 100k missed right there… what is your estimate of return on this?