It’s always good to have a wide mixture of materials to help you as you study, especially for an exam as complex as the CFA Level 1 exam. Let’s face it: studying for the CFA exam is time consuming. Schweser officially recommends you devote approximately 300 hours to preparing for the exam. Add on the low pass rate, and you may be facing quite a long period of study time. Even if you manage to pass the exam on your first try, you still will need to devote at least one full month to preparing. This can be very difficult, especially if you’re already additionally focusing on a family and career outside of your studies.
This is where equation sheets can come in handy for you. Equation sheets provide you with a quick, convenient, on-the-go study resource that’s much easier to carry with you than several volumes’ worth of textbooks. However, they still contain enough information for you to have an enriched study experience with each session of use. Equation sheets contain all of the content you’ll need to perform well on the exam. This includes definitions, equation examples, explanations of complex concepts broken down into bullet point form, and so much more. This format also makes for easy gleaning. Best of all, the majority of CFA equation sheets are color-coded for easier readability, so you can focus on specific sections if, and whenever, you feel the need to. If you’re looking for a quick review tool, CFA equation sheets are your best bet.
As an additional note, CFA equation sheets can be very useful for memorization learners. It can be a struggle to try to memorize paragraphs upon paragraphs’ worth of material. However, by splicing the information down to its essentials, you can maintain a firm grasp of the basics you will need to ace the exam.