Maximizing Your Time Post CFA Level 1 Exam: What's Next?

21 Mar 24
Published by Chalk & Board
Tips from Nathan Ronen, CFA

Hello, CFA® Level I (“Level 1”) candidates! Nathan Ronen, CFA is back with another crucial update tailored for those of you who've recently tackled the February 2024 CFA Level 1 exam. If you find yourself in a post-exam limbo, unsure of your performance or contemplating your next move, this blog is your guide. Let's dive in.

The Waiting Game:

As the Level 1 exams end, candidates are left in a state of anticipation. I acknowledge the variety of responses from candidates – some unsure, others confident, and those who may have approached the exam with less preparation.

Scenario 1: Confident You Didn't Perform Well

If you went into the exam feeling unprepared and are convinced you didn't fare well, I recommend looking ahead to the next Level 1 exam registration window. Rather than twiddling your thumbs, use this time to start preparing to retake Level 1 at the nearest upcoming exam opportunity. I advise against waiting a year or further into the future; instead, I would advise you to make a proactive move.

Scenario 2: Confident You Passed

For those certain they aced the CFA Level 1 exam, I commend your confidence. However, I would again emphasize the importance of not sitting idly while awaiting results. Instead, consider jump-starting your preparation for the CFA Level II (“Level 2”) exam, potentially set for six months in the future or thereabouts. I propose an advantageous solution for this scenario, offering candidates an early head start with Chalk & Board study videos and mock exams.

Scenario 3: On the Fence (Unsure)

If you find yourself on the fence, unsure whether you passed or failed, my advice is to adopt a positive mindset and assume you passed. Take action as if you're gearing up for the CFA Level 2 exam within the next six months. That way, you're not losing valuable time. Whether you passed or not, you'll be strategically positioned for what comes next. At Chalk & Board, we often offer scenarios where you can begin studying for CFA Level 2 now and if you don’t pass, you can roll your payment into purchasing our CFA Level 1 package with a balance credit applied towards your future CFA Level 2 prep materials’ cost. Talk to me about these opportunities and we can try to work something out together.

Taking Action with Nathan Ronen:

For those confident in their CFA Level 1 success, I offer an opportunity to get a head start on CFA Level 2. By signing up for Chalk & Board’s prep materials, candidates receive a personalized study plan, utilize lectures and videos, and stay ahead of the curve until the date when CFA exam results are released. The advantage is clear – if you pass, you continue with Level 2; if not, we can help you achieve a seamless transition to back to CFA Level 1 without financial loss and a credit towards CFA Level 2 once we help you pass Level 1.

Conclusion:

In conclusion, I encourage candidates to be proactive during the result-waiting period. Don't let the weeks slip away; instead, leverage the time wisely. Whether gearing up for a retake or moving on to the next level, taking action now sets you on a path to success.

To explore these opportunities and get started, head to https://chalkandboard.org. I’m readily available to answer any questions and guide you through your CFA journey. Don't let uncertainty hold you back – make the most of this time and set yourself up for success.

Thank you for tuning in, and best of luck on your CFA journey!

Nathan Ronen, CFA

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