Marquette AIM students learned about speed reading and memorization
techniques at the CFA Society of Milwaukee event held on February 27
Successful people need information – and lots of it! Today there
is so much information and because there is only a limited amount of time, you
need to be able to read and comprehend more in the given time available.
The Marquette AIM students and Jessica Hoerres (AIM program
coordinator) attended a speed-reading seminar sponsored by the Milwaukee CFA
Society on Wednesday, February 27, at the University Club.
They learned that reading large amounts of information is a habit
especially prevalent among seasoned research analysts and successful business
executives.
According to a recent speed-reading test, here are the typical
speeds at which humans read, and in theory comprehend, at various stages of
educational development:
- Third-grade students = 150 words per minute (wpm)
- Eight grade students = 250
- Average college student = 450
- Average “high level exec” = 575
- Average college professor = 675
- Speed readers = 1,500
- World speed reading champion = 4,700
- Average adult: 300 wpm
The goal of the seminar was to work on improving the AIM students' ability to
read quickly and for context --- to master the skill of getting through new
information quickly and remembering it.
The Marquette AIM students understand that to
be successful analysts their ability to keep up
with new information is an essential skill that will need constant improvement
and fine-tuning.
The 90-minute workshop hopefully helped them to learn to read
faster, remember more and boost their productivity. This should help with
the rest of their college studies, preparing for the CFA exam, and save time when
they are reading financial reports, contracts, business books, market research,
and other industry news.