How to study for the CFA exams
Study for CFA with a repeatable learn-practise-review loop. Pair every topic with closed-note questions, record why you missed an answer, and retest the error before adding more reading.
A useful study session, in three moves*
01
Learn one idea
Connect the rule, formula, or framework to a decision.
02
Practise without notes
Use standalone questions, item sets, or written prompts for your level.
03
Review and retest
Log the cause of the miss, repair it, and schedule a retest.



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Build my weekly loop
TOTAL CAPACITY
288 hours
LEARN
5 h/week
PRACTISE
5 h/week
REVIEW
2 h/week
The 300-hour figure is reported average context, not a required total or pass prediction. The weekly split rounds to your exact entered capacity without promising extra hours.
What to do next
ACTION 01
Start from available time
Successful candidates report more than 300 hours on average, but that is a planning reference, not a guarantee or a personal requirement.
Official guidance ↗ACTION 02
Use official learning outcomes
Read toward one learning outcome, answer related questions without notes, then revisit the exact misconception that caused each miss.
Official guidance ↗ACTION 03
Reserve a final review block
Leave at least four weeks for mixed review when possible. Adapt the sequence to your level and actual exam date instead of copying a generic calendar.
Official guidance ↗
Sources
Policies, dates and results can change; the official source and registered account control.
- Official CFA candidate resources (new tab)
- Official CFA Level I exam guide (new tab)
- Official CFA Level II exam guide (new tab)
- Official CFA Level III exam guide (new tab)
MiloPrep is independent and is not affiliated with or endorsed by CFA Institute.
Notes
- * A useful study session, in three moves: Use your available weekly hours to size the loop. The level-specific plans own the detailed study order and schedule. ↩ Return to content