I've just finished training outside of Kerwin Town:

Everyone is at Lv.12
Everyone is at least Lv.2 as a Knight, Monk, Thief, White Mage, Black Mage, and Blue Mage.
Bartz is a Lv.3 Knight.
Reina is a Lv.3 White Mage.
Galuf is a Lv.3 Monk.
Faris is a Lv.3 Black Mage.

I have all the White and Black Magic so far and I've learned Aero, Goblin Punch, and Red Feast.

As for equipment I have:
Dirk (x4)
Flail
Ice Rod
Long Sword (x4)
Staff (x4)
Wooden Rod (x4)

Bronze Shield (x4)
Bronze Helmet (x4)
Bronze Armor (x4)
Bronze Plate (x4)
Cotton Robe (x4)
Leather Shield (x4)
Leather Cap (x4)
Leather Armor (x4)
Leather Shoes

So is there anything in particular I should do for the next area as far as party set-up? And did I miss any Blue Magic spells?