Investing in the 300 hours of study prep is not an guarantee to passing your CFA Level 1 exam for the first attempt.
The research techniques & case study material you use will have a crucial part within your success or failure.
Hence, it is crucial the application of the tried & tested study methods & use the best study notes to pass through this tough exam.
5 Key Tips That will help Pass Your CFA Level 1 Exam
1. Obtain the best Study Material, Practice Questions & Past Exams
Having the best study materials, including books, study guides, prep books & videos, will stand you in good stead.
Doing past papers is amongst the easiest ways of ensuring that you already know the pad well as well as giving you the boldness that you’ll need to pass through quality.
2. Be aware of test Format
Knowing the exact format in the exam will ensure that there are keep surprises away & there’s absolutely no way of panic establishing which can happen should you be surprised with something unexpected.
So simply to recap, the format in the Level 3 mock grading can 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 for each and every question
3. Revise the information Three or four weeks Prior to the Exam
You can not revise enough – the truth is the harder you revise & the harder practice questions & exams you do the harder confident you are going to become for tackling quality not to mention being convenient & proficient with all the principles.
So have no less than 21 days before d-day to do numerous EOC (End of Chapter) questions & QBank (Schweser) as possible to successfully are aware of all of the material & principles.
4. Read & Understand Each Question Carefully
As a result of time limitations & the pressure of sitting quality, a standard mistake is usually to misunderstand something & therefore pick the wrong answer.
It’s going to purchase from you to spend quite some time reading the issue properly so we don’t misinterpret it & if it seems too involved & too time intensive you can decide to let it rest & internet browser another you could tackle & answer quickly.
Time management is critical – wasting a long time by the due date consuming questions could mean missing easier questions & wasting easy marks
5. There exists Just one Correct Answer
Be precise in case you need to sacrifice quite some time to get your calculation right.
Usually do not rush it you may turn out using valuable time as well as missing out on finding a easy question right.
Silly mistakes will cost valuable marks.
Finally, structured be overemphasised how important it really is to work with the top study materials as well as doing mock exams – get those two things right & the likelihood of passing the particular level 1 exam will probably be greatly enhanced.
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