CFA Level 1

CFA Level 1 Study Plan for November 2026: A Complete Study Schedule

Let’s start with where you actually are right now.

The November 2026 CFA Level 1 exam window runs from November 11 to November 17. Standard registration for this window closed on August 11. If you’re reading this, there’s a good chance you’ve already registered, and the real question on your mind isn’t “should I sit for November?” anymore.

It’s this: “I have about eleven weeks left. What do I actually do with them?”

That’s what this CFA Level 1 study plan is built to answer.

Not a vague “study 300 hours” instruction. Not another generic checklist copied from a forum. A day-dated, subject-ordered, mock-exam-backed CFA Level 1 study schedule that starts from today and ends the week you walk into the exam.

If you’re not registered for November yet and you’re weighing whether to push to February 2027 instead, our guide on CFA eligibility and registration will help you decide. Everyone else — let’s build your timetable.

How Much Time Do You Actually Have Left?

From late August to November 11 is roughly eleven weeks. Not four months. Not “the rest of the year.” Eleven weeks.

That number matters because it tells you exactly which of the three standard CFA timelines you’re on. Our detailed breakdown of CFA Level 1 study hours by background calls this the accelerated track — 25 to 30 hours a week, no slack, no “I’ll catch up next month.”

If that sounds intense, it’s because it is. But intense doesn’t mean impossible. It means every week needs a job to do, and this plan gives it one.

One honest caution before we go further: this schedule assumes you’re starting from a relatively clean slate or have only lightly touched the curriculum so far. If you’ve already completed a full first pass through most subjects, you’re ahead of this plan — skip straight to the revision weeks near the end.

What This CFA Level 1 Study Schedule Assumes

Three things, and it’s worth being upfront about them.

First, it assumes a target of roughly 300 hours between now and exam day. That’s the figure the CFA Institute itself points to as a reasonable benchmark — you can confirm exam policies and official curriculum weights directly on the CFA Institute website.

Second, it assumes you can commit 26–30 hours a week. If you’re a working professional and that number feels unrealistic, don’t panic — you have a specific, narrower version of this plan waiting in the “If You’re Short on Time” section below.

Third, it prioritises the subjects that carry the most exam weight and the steepest learning curve — Ethics, Financial Statement Analysis, Equity, and Fixed Income — over subjects that are shorter and easier to pick up later. That’s the same “Big Four” logic we use across our CFA Level 1 preparation guidance, and it holds even tighter on a compressed timeline.

The CFA Level 1 Study Timetable: Week by Week

Here’s the full schedule, mapped to real calendar weeks between now and the exam window.

Week Dates Focus Target Hours
1 Aug 25 – Aug 31 Quantitative Methods (foundational) 26
2 Sep 1 – Sep 7 Quantitative Methods (finish) + Ethics begins 26
3 Sep 8 – Sep 14 Ethical & Professional Standards (deep pass) 28
4 Sep 15 – Sep 21 Financial Statement Analysis — core statements 30
5 Sep 22 – Sep 28 FSA (finish) + Corporate Issuers 30
6 Sep 29 – Oct 5 Economics + Equity Investments begins 28
7 Oct 6 – Oct 12 Equity Investments (finish) + Fixed Income begins 30
8 Oct 13 – Oct 19 Fixed Income (finish) + Derivatives + Alternative Investments 30
9 Oct 20 – Oct 26 Portfolio Management + full revision starts + Mocks 1–2 28
10 Oct 27 – Nov 2 Mocks 3–5 + error log + weak-topic drilling 26
11 Nov 3 – Nov 9 Mocks 6–8 + light review only + rest before exam 20

That’s roughly 302 hours across eleven weeks — squarely in line with the CFA Institute’s recommended benchmark, and consistent with what we outline in our full CFA Level 1 study hours guide.

Why Quant and Ethics Come First

Every year, candidates ask why we don’t start with the “interesting” subjects — Equity, Derivatives, the stuff that sounds like actual investing.

Here’s the answer. Quantitative Methods is the toolkit every other subject borrows from — time value of money, hypothesis testing, regression. Skip it early and you’ll be relearning it mid-way through Fixed Income anyway. Ethics, meanwhile, isn’t something you cram in the last week. It rewards repeated exposure over months, not days, because the exam tests judgment, not recall.

Start late on either one, and you’re fighting the clock twice.

Why the Middle Weeks Are FSA-Heavy

Financial Statement Analysis is the subject most candidates underestimate — and the one that quietly decides whether November goes well or badly.

It’s dense. IFRS versus US GAAP treatment alone can eat a weekend. Weeks 4 and 5 give it the room it needs, back-to-back, before you move into asset-class subjects that assume you already understand how a balance sheet behaves.

Why the Last Three Weeks Are Not for New Material

This is the part candidates get wrong most often.

Reading new content in the final two weeks doesn’t add knowledge. It adds noise on top of everything you haven’t reviewed yet. Weeks 9 through 11 in this plan are deliberately review-only — mocks, error logs, and formula consolidation. Nothing new goes in after Week 8.

Subject-Wise Hours for an 11-Week Timeline

If you want the “why” behind the hour allocations above, here’s the condensed view, mapped to official exam weights.

Subject Exam Weight Hours in This Plan
Ethical & Professional Standards 15–20% 40–45
Financial Statement Analysis 11–14% 50–55
Equity Investments 11–14% 30–35
Fixed Income 11–14% 35–40
Portfolio Management 8–12% 20–25
Quantitative Methods 6–9% 26–30
Corporate Issuers 6–9% 15–18
Economics 6–9% 15–18
Alternative Investments 7–10% 12–15
Derivatives 5–8% 12–15

For the full logic behind these numbers — including how they shift based on your academic background — see our detailed CFA Level 1 study hours and preparation guide. If you’d rather see how a longer runway changes the picture, our 6-month CFA Level 1 study plan is worth bookmarking for February 2027.

The Final Three Weeks: Mocks, Error Logs, and Exam Week

This is where most candidates either pull ahead or fall behind. Not in the reading. Here.

Take at least 6 to 8 full-length, timed mocks before exam day, starting in Week 9. Treat every one of them exactly like exam day — same time of day, same break length, no phone.

Build an error log, and actually use it. Don’t just record your score and move on. After each mock, spend two to three hours going through every wrong answer and writing down why you got it wrong — a concept gap, a careless read, a timing issue. Then revise that specific concept before your next mock. Candidates who skip this step tend to repeat the same mistakes right up to exam day.

Don’t study new material in the last 48 hours. Review your formula sheet, skim your error log, and rest. A tired brain forgets faster than it learns.

Confirm your logistics early. Know your test center or online proctoring setup, your ID requirements, and your scheduling window well before exam week — the CFA Institute site has the current policies, and it’s worth a final check the week before.

Common Mistakes That Obstruct a November Attempt

A few patterns show up every single cycle.

  • Starting FSA and Equity at the same time as everything else, instead of sequencing them, and running out of runway on both.
  • Treating Ethics as a last-week subject. It punishes cramming more than any other topic on the exam.
  • Taking mocks without reviewing them properly, which turns a diagnostic tool into a wasted afternoon.
  • Underestimating how much the last two weeks matter. Momentum built over ten weeks can evaporate in a distracted final fortnight.
  • Studying in isolation with no external check on progress, which makes it easy to feel busy without actually being on schedule.

If You're Short on Time: A Working Professional's Version

Not everyone reading this has 26–30 free hours a week, and that’s fine — it just changes the strategy, not the goal.

If you can only manage 12–15 hours a week, don’t try to compress this entire eleven-week plan into the same window. Instead, prioritise the Big Four — Ethics, FSA, Equity, and Fixed Income — and treat Corporate Issuers, Alternative Investments, and Derivatives as “read once, revise lightly” subjects. You won’t master every corner of the curriculum, but you’ll defend the 45–50% of the exam that those four subjects collectively represent.

This is also exactly where structured coaching earns its keep. A well-designed course strips out the trial-and-error of figuring out what to study first, gives you a realistic mock-exam engine, and keeps your error log honest when your own motivation starts to slip in Week 8. Our CFA Level 1 online classes are built around exactly this kind of compressed, exam-focused timeline, and if you’re Mumbai-based and prefer face-to-face accountability, our classroom CFA coaching in Mumbai runs on the same structure with in-person doubt-solving built in.

Eleven weeks is enough — if you stop treating it like four months.

Build the schedule, protect your revision weeks, and take your mocks seriously. That’s the entire game from here.

Talk to Our Team About Your November 2026 Prep →

Frequently Asked Questions

Yes, if you can commit 25–30 hours a week and prioritise the highest-weight subjects first. It’s a tight timeline, not an unrealistic one — candidates clear Level 1 on three-month accelerated tracks every cycle. The margin for wasted time, though, is close to zero.

Start immediately, and start with Quantitative Methods and Ethics rather than jumping straight into whatever subject feels most interesting. Every week you delay is a week you lose from your revision buffer at the end, not from the middle of the plan.

Standard registration closed on August 11, 2026. If you haven’t registered, check the CFA Institute website directly for any late registration options, or consider planning for the next available window instead.

Aim for 6 to 8 full-length, timed mocks, concentrated in the final three weeks of this schedule. The number matters less than what you do after each one — a mock you don’t review properly teaches you almost nothing.

Either can work, but structured coaching tends to save the most time precisely when time is scarcest — it removes the guesswork of sequencing subjects and keeps your mock schedule and error log on track. If you’re weighing your options, our guide on what actually matters in CFA coaching is a good place to start.

Losing the last three weeks to new material instead of revision. Candidates who stick to a hard cutoff on new content — and spend the final stretch purely on mocks and error logs — consistently outperform those who keep reading until exam week.