Skip to main content
CFA · Action guide

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*

  1. 01

    Learn one idea

    Connect the rule, formula, or framework to a decision.

  2. 02

    Practise without notes

    Use standalone questions, item sets, or written prompts for your level.

  3. 03

    Review and retest

    Log the cause of the miss, repair it, and schedule a retest.

CFA Level I PDF coverCFA Level II PDF coverCFA Level III Portfolio Management PDF cover

Free PDF by email

All 5 CFA practice PDFs, in one email

Enter your email on the PDF page to receive all 5 printable packs, with answers and explanations. Selected level/pathway questions; see the topic mix before requesting.

No account or payment required for the PDFs. Includes the monthly newsletter; unsubscribe anytime.

PDFs by email, with the monthly newsletter. Account signup opens online practice separately.

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

  1. 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 ↗
  2. 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 ↗
  3. 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.

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