Investing in the 300 hours of study prep is not an guarantee to passing your CFA Level 1 exam for the first attempt.

The analysis techniques & the study material you use can play a crucial part inside your failure or success.


Therefore, it’s critical the application of the tried & tested study methods & utilize the best study notes to pass through this tough exam.

5 Key Tips That Will Help You Pass Your CFA Level 1 Exam

1. Get the Best Study Material, Practice Questions & Past Exams

Obtaining the best study materials, including books, study guides, prep books & videos, will stand you in good stead.

Doing past papers is one of the simplest ways of making certain you realize the material along with along with supplying you with the confidence that you will want to pass through test.

2. Be Familiar With quality Format

Understanding the exact format from the exam will ensure that there are keep surprises away & that there’s absolutely no way of panic setting in which could happen if you’re surprised with something unexpected.

So simply to recap, the format from the CFA mocks exams will be as follows;

Format: multiple-choice

Questions:

240 equally weighted questions

Morning Session: 120 questions;

Afternoon Session: 120 questions

Each question has three answer choices

Normally, 1.A few minutes should be allocated per question

3. Revise the fabric 3 or 4 weeks Ahead of the Exam

You can not revise enough – actually the more you revise & the more practice questions & exams you do the more confident you will become for tackling test not forgetting being more at ease & proficient with all the principles.

So give yourself at least 30 days before d-day to complete numerous EOC (End of Chapter) questions & QBank (Schweser) as possible to actually understand every one of the material & principles.

4. Read & Understand Each Question Carefully

Due to the time constraints & the pressure of sitting test, perhaps the most common mistake would be to misunderstand a question & therefore choose the wrong answer.

It’s going to pay out the comission to invest a bit of time reading the question properly so we don’t misinterpret it & whether or not this seems too involved & too time consuming you can choose to let it sit & internet browser another that you can tackle & answer quickly.

Time management is essential – wasting too much effort on time consuming questions can often mean missing easier questions & wasting easy marks

5. There Is Merely one Correct Answer

Be precise in case you must sacrifice a bit of time to really get your calculation right.

Usually do not rush it as being you could find yourself using time and energy as well as losing out on finding a relatively simple question right.

Silly mistakes will cost valuable marks.

Finally, structured be overemphasised how important it really is to utilize the very best study materials as well as doing mock exams – get the two things right & your odds of passing the level 1 exam is going to be greatly enhanced.
For more info about CFA mocks exams go to the best web page: look at here