CFA level 1 preparation advice please :)
Hi everyone! I'd love to hear your advice. Thanks for it in advance.
I have read that it usually takes around 300 hours on average for a person to prepare well for the CFA level 1 exam. I was curious and wondering, how much time might it take for a person with no finance background, or very low basics level of knowledge in finance? How many hours of studying might it take? Should that person start studying from the Official Cfa prep guide, or use external sources to learn first? I am not sure how complex the material is as I havent started studying myself yet, but as for now I'm trying to help my ambitious friend. Thanks for any responses.