The Chartered Financial Analyst (CFA) Level 1 exam is the first step in one of the most respected investment management credentials globally. With a vast syllabus and analytical depth, preparing effectively is key. We spoke to some Pune-based CFA Level 1 toppers who cracked the exam on their first attempt to bring you insider tips on how to approach your preparation strategically and efficiently.
- Start Early and Plan Backward
Most toppers recommend starting preparation at least 6 to 7 months before the exam. Harsh Mehta, a CFA Level 1 topper from Pune’s Shivajinagar, shares:
“I made a reverse timeline from the exam date and broke it down into monthly, weekly, and daily goals. This helped me keep track and not feel overwhelmed.”
Tip: Use tools like Trello or Notion to create a study tracker and ensure you cover all 10 topics well in time.
- Master the CFA Institute Curriculum First
While many third-party providers offer condensed study material, Pune toppers stress on starting with the official CFA Institute curriculum. The depth and conceptual clarity it offers are unmatched.
Priyanka Kulkarni from Kothrud says:
“Third-party notes are great for revision, but your core understanding should be built from the official curriculum. Don’t skip end-of-chapter questions.”
- Focus on High-Weightage Topics
The CFA Level 1 exam is divided into 10 subjects, but not all carry equal weight. According to toppers:
- Ethical and Professional Standards (15–20%)
- Financial Reporting and Analysis (13–17%)
- Quantitative Methods (8–12%)
- Equity Investments and Economics (each 8–12%)
Spend more time on these as they can make or break your score.
- Practice is Power
Toppers unanimously agree: practice is the most important aspect of CFA prep. The more mock tests and questions you solve, the better.
Aman Deshpande from Viman Nagar recommends:
“Solve at least 2,000 practice questions during your prep. Take a full-length mock every weekend in the last month.”
The CFA Institute’s own practice portal offers mock exams and topic tests – use them extensively.
- Revise Smart, Not Just Hard
Revision should begin at least one month before the exam. Don’t just re-read notes – focus on solving new questions, reviewing weak areas, and revisiting tricky concepts.
Toppers suggest using tools like:
- Flashcards (Anki or handwritten)
- Formula sheets
- Error logs to track mistakes and avoid repetition
- Join a Local or Online Study Group
CFA prep can get lonely, and sometimes peer learning is a game-changer. Pune’s CFA aspirants often form Telegram or WhatsApp groups for doubt-solving, discussions, and mock test reviews.
Priyanka shares:
“Being part of a group helped me stay motivated. Even a weekly Zoom call with peers helped clarify concepts and reduce burnout.”
- Take Care of Your Mental and Physical Health
A balanced routine enhances retention. Don’t neglect sleep, exercise, or social life.
- 7-8 hours of sleep
- Light workouts or yoga
- Short breaks during study hours
“I used the Pomodoro technique – 25 minutes study, 5 minutes break. It really boosted my productivity,” says Aman.
Final Thoughts
CFA Level 1 is rigorous but absolutely achievable with the right strategy. The key takeaways from Pune-based toppers?
✔ Start early
✔ Follow the CFA curriculum
✔ Practice relentlessly
✔ Revise wisely
✔ Stay healthy and focused
Whether you’re a student or a working professional, these tried-and-tested tips can make your CFA course journey smoother and more successful. Remember, it’s not just about hard work—but smart, consistent effort.
Good luck, future CFA charterholder!
 Level 1 exam is the first step in one of the most respected investment management credentials globally.){kind=link}