Do you wonder if you should spend the money on a CFA prep course to help you pass the Level I CFA Exam? Are you concerned that the CFA Institute® Curriculum is not enough to help you pass the exam? Are you considering studying for the CFA Exam alone, with no help?
It may be tempting to try to study on your own because you think you can save money, study at your own pace, and ultimately say you did it all by yourself. It sounds good in theory, but those assumptions may not necessarily be true and could prevent you from passing the Level I CFA Exam. So, before you decide to tackle the Level I CFA Exam alone, consider these six reasons to study with a CFA Exam prep course.
1. Save Money in the Long Run
This may sound counterintuitive. How does spending money on a CFA Exam prep course end up saving you money? It boils down to giving yourself the best chance to pass the CFA Exam. On average, around 42% of applicants pass the Level I CFA Exam. That means that if you decide to try the self-study method, there is less than a 50% chance that you will pass. That’s basically a coin toss, and the other side of the coin is the roughly 50% chance that you will not pass. If that happens, you’ll pay twice to retake the exam that you did not pass the first time. So invest in setting yourself up for success by using a CFA Exam prep course to increase your chances of passing the CFA Level I Exam the first time.
2. Study More Efficiently
Another worry may be that using a CFA Prep Provider will force you to adapt to new studying methods that may not suit your learning style. After all, you are unique, so why use a cookie-cutter study technique? That’s why we provide a comprehensive online learning platform built for individual success and adapted to your specific learning style. You will have all the tools needed to pass the Level I CFA Exam within 90 days, and you will have them tailor-made to suit your study preferences!
3. Learn Material Not Taught in School
This is not a dig at your finance professors – but unfortunately, there is not always enough time to cover everything needed to know for the CFA Level Exam in a finance class. When you partner with a CFA Exam prep course, you will receive the supplemental information required to pass the CFA Exam.
4. Get the Most Up-To-Date Information
Our CFA experts are dedicated to keeping you informed and up to date on everything you need to know for the CFA Level I Exam. Let us do the hard work while you remain focused on what is most important – your studies. Our unique active-learning platform focuses on practicing – not long video lectures or books that become quickly outdated. So, when you study with us, you’ll feel confident knowing that our CFA Prep course content is developed by experienced CFA charterholders and covers all Level I learning outcome statements (LOS).
5. Experience Better Time Management
Today’s CFA candidate is busy with an active life, sometimes managing many responsibilities both at work and at home. One of the most critical aspects of passing the CFA Exam is to have a study plan. A crucial factor in implementing your study plan is time management, which is essential to your preparation. The question becomes, how do you make the most of the time you invest in learning? With a CFA prep course, you will have all the necessary tools at your disposal to help you build a plan, manage your time, and keep you accountable. Our program focuses on exactly what you need to get to the finish line and succeed on exam day. And remember, commit to starting your study plan sooner than later; your life and schedule will only continue to get busier. There is never a better time than right now to start studying for and scheduling the exam.
6. Enjoy Exam Day Confidence
There is no doubt about it: Studying with a CFA prep course statistically improves your chances of passing the Level I CFA Exam. Our in-depth explanations, paired with straightforward illustrations and images for both correct and incorrect answer choices, give you a better understanding of difficult CFA concepts. Our unique active-learning platform focuses on practice and repetition – “learning by doing”, instead of long video lectures and less engaging books that can become quickly outdated.
As you navigate work, life, and studying for the CFA Exam, the benefits of a CFA Prep course are well worth the investment. With such a time crunch and an overwhelming amount of material to digest, a CFA prep course will make studying far less intimidating and more achievable. You save money, prepare more efficiently, learn new material quicker, and experience better time management. All of these benefits help you win the prize – passing the Exam.
We want you to feel completely prepared and confident on exam day, so we designed a CFA preparation tool that gives you exactly what you need to pass the CFA Level I Exam. Our focused approach reduces study time and increases your efficiency. Your time is valuable, and we want to help you use it most efficiently. Our flexible, user-friendly digital interface allows you to study anywhere at your convenience, using virtually any electronic or mobile device.
You don’t have to do this by yourself. Take the smart path and partner with us to pass the CFA Exam the first time.
Preparing for the CFA exam? Click here for a FREE trial of our Level 1 Online Learning Platform.