Now that you have finished studying Quantitative methods for CFA Level 1, you need to spend a session to review important areas. It could be an additional day or extra time depending on you time availability.
Global Formula & Concept Review
Quick tour of all Quant LOS
Time Value of Money (TVM): discounting/compounding, annuities, perpetuities, NPV/IRR.
Descriptive statistics: mean/median, variance/Standard deviation (SD), coefficient of variation, skewness, etc.
Probability: basic rules, conditional probability, Bayes, expected value and variance of random variables.
Sampling & estimation: standard error, point vs interval estimate.
Hypothesis testing & Confidence Interval: what you did Days 10–12.
Correlation & simple regression: slope, intercept, R², limitations.
- For each area, write down 3–5 key formulas
- Do Topic‑wise Mixed Question Sets (VImp)
- Do it “slow but correct”, speed issue to revisit later in the full‑curriculum phase.
Simulate a
compact Quant exam:
- Take 35–40 Quant questions from
across topics, mixed and not in order, under a time cap
(~60 minutes).
- No pausing to check; just mark
guesses.
Review (at least
another 45–60 min):
- Build a final Quant error sheet:for review later
- Spend a short block doing 5–10 questions on the single area that still feels worst after the mini‑mock
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