Of course, you need to know how to manage your time. You have to develop certain set times each week that you devote to your studies. Preferably you should write these into a calendar, setting aside a few free sessions to cope with the inevitable emergencies. Include: Date, Time, Location (if you are using off-line resources) and material to be covered.
If you were taking a course on campus you would be expected to attend 3 times a week for the semester - approximately 15 - 16 weeks. You would also be expected to spend two hours studying for every for every hour in class. In addition you need more time to study for exams or to write a term paper. This works out to about 135 to 150 hours per 3-unit course. It shouldn't take you any longer when you study on your own.
You can, in fact, utilize your time more efficiently --- you eliminate commuting, and it take less time to read a lecture than it does to listen to one (you probably read from 300-700 words a minute, while a lecturer speaks at the rate of around 100 words a minute, and the 50-minute lecture hour frequently includes some housekeeping tasks -- assignments, handing in papers, announcements, etc.)
Generally speaking, for a one semester course (3 units) you should start out by budgeting 125 hours for the course. This would be divided into:
Remember to set aside a few minutes at the end of each study session to record what you have done in your diary.
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