Investing in the 300 hours of study prep is very little guarantee to passing your CFA Level 1 exam about the first attempt.

Case study techniques & the analysis material you utilize may play a crucial part inside your failure or success.


It is therefore crucial that you apply the tried & tested study methods & make use of the best study notes to pass through this tough exam.

5 Key Tips That may help you Pass Your CFA Level 1 Exam

1. Acquire 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 among the best ways of making certain you know the information along with along with providing you the arrogance that you’ll need to pass through quality.

2. Know about the Exam Format

Having the exact format with the exam will guarantee that there are stay away from surprises & that there are absolutely no way of panic setting in that may happen if you are surprised with something unexpected.

So simply to recap, the format with the CFA level III 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

An average of, 1.A few moments must be allocated for every question

3. Revise the information 3 to 4 weeks Prior to Exam

You are unable to revise enough – in reality greater you revise & greater practice questions & exams you do greater confident you are going to become for tackling quality let alone being more comfortable & proficient with all the principles.

So allow at the very least 21 days before d-day to do as much EOC (End of Chapter) questions & QBank (Schweser) as you can to actually have an understanding of all of the material & principles.

4. Read & Understand Each Question Carefully

As a result of a lack of time & the stress of sitting quality, a typical mistake is always to misunderstand something & therefore select the wrong answer.

It’ll pay you to shell out quite some time reading the question properly so we don’t misinterpret it & whether it seems too involved & too time intensive you can choose to let it sit & internet browser another that you can tackle & answer quickly.

Time management is critical – wasting too much effort punctually consuming questions can often mean missing easier questions & wasting easy marks

5. There Is Just one Correct Answer

Be precise in case you ought to sacrifice quite some time to obtain your calculation right.

Do not rush it as being you may wind up using time and energy as well as passing up on obtaining a relatively easy question right.

Silly mistakes will surely cost valuable marks.

Finally, it can’t be overemphasised how important it really is to work with the best study materials as well as doing mock exams – get those two things right & the chances of you passing the extent 1 exam will probably be greatly enhanced.
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