I am an Engineering graduate in Biotechnology and have taken admission in MBA. I have no work -experience.

I have no idea whatsoever of finance and economics … Initially wanted to appear for CFA but its a long drawn commitment and exams are not held here.I am interested in appearing for FRM level 1 in May 2010. And i want to start my preparations now as i need a lot of time to get initiated…..
Fortunately I got a lot of books from college library and seniors which contains a substantial amount of the core readings for level 1

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1. Financial management and analysis by Fabozzi…(suggested by a senior as an introduction to finance)
2. Mathematical Statistics and Probability by Saxena and Gupta . Senior said to do this before touching Gujarati as i have no background in mathematics. Last time mathematics done by me was in my first year in 2005
3. Bruce Tuckman 2nd ed.
4. Hull 6th ed.
5. Value at risk 2nd ed.
6. commodity Derivatives by Schofield.
7.Derivative markets by Robert mc Donald
8.portfolio theory and performance analysis by noel amenc
9 Derivatives Markets, Valuation, and Risk Management by robert e whaley
10. Credit Risk Measurement by Lind allen and anthony saunders.
11. handbook of fixed income derivatives by fabozzi
I also have schweser 2009 notes.
Though a few of the above books are not in core readings but i tallied their contents vis-a-vis the garp 2009 study guide and found that most topics have been covered, except credit risk management, modeling, measurement etc.
Do you think that i have enough materials and i can make the cut for level1 this novemeber only instead waiting till next year?? I am totally free in june and july (my MBA begins in august) and can estimatedly devote around 2 hours daily august onwards.
Do you think this much of time will be enough to finish and revise level 1 or should i stick to my original plan of appearing next year, given i am a complete novice in this area?
A quick reply will be appreciated