Thursday, 14 May 2026

CFA Level 1 for August - What to Prepare Today - Day 1

CFA Level 1 90 Days Journey

Suppose you are starting your CFA Level 1 prep today for August. The right way would be to use the information accumulated from years of CFA prep stories. August exams is approximately 90 Days away. Here is how to start the prep journey.


Very Important

Choose the right starting topic

Evidence‑based study orders for CFA Level 1 recommend starting with Quantitative Methods, especially time value of money, basic statistics, and probability, because these feed into Fixed Income, Derivatives, and Portfolio.

Concrete Day 1 Plan  (Assuming 3-4 hours)

1. Understand format for exams

2. Learn the ecosystem, see dashboard and topics 

(If you haven't done these so far!)

3. Study the first Quant reading on time value of money and cash flow basics from your notes/videos/study provider content

4. Immediately do the end‑of‑reading / topic questions (aim 20–30 questions) to cement formulas like , annuities, and basic return measures

 You don't want me to explain what FV, PV are!

4. Read a short summary of the Code of Ethics and Standards of Professional Conduct, without trying to memorise every detail

A daily dose of ethics keeps one acquainted with the nuances of Ethics and most study providers suggest that. 

5. Start an excel tracker of topics covered (or you can download those available), and cross off topics. A calendar always helps

6. Start a flash card of key formulas and definitions

7. Write down the exact Day 2 plan.


Come back tomorrow for the Day 2 plan


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