5 Key Suggestions to Pass Your CFA Level 1 Exam On the First Attempt

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

Case study techniques & the research material you have will play an essential part inside your failure or success.


Therefore, it is of vital importance which you use the tried & tested study methods & utilize best study notes to pass this tough exam.

5 Key Tips That will assist you Pass Your CFA Level 1 Exam

1. Obtain the best Study Material, Practice Questions & Past Exams

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

Doing past papers is amongst the best ways of making sure you already know the material along with along with giving you the confidence that you will want to pass the exam.

2. Be aware of the test Format

Learning the exact format of the exam will ensure that there are stay away from surprises & that there is no chance of panic setting in that may happen should you be surprised with something unexpected.

So only to recap, the format of the CFA 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 information 3 to 4 weeks Ahead of the Exam

You can not revise enough – actually the harder you revise & the harder practice questions & exams you are doing the harder confident you are going to become for tackling the exam not to mention being more comfortable & proficient with the principles.

So allow a minimum of 30 days before d-day to perform as many EOC (End of Chapter) questions & QBank (Schweser) as is possible to ensure that you are familiar with every one of the material & principles.

4. Read & Understand Each Question Carefully

Due to the time constraints & pressure of sitting the exam, perhaps the most common mistake is always to misunderstand something & therefore opt for the wrong answer.

It’s going to pay you to spend quite some time reading the issue properly in order to not misinterpret it & whether or not this seems too involved & too time-consuming it is possible to decide to leave it & internet browser another that you could tackle & answer quickly.

Personal time management is critical – wasting a long time on time consuming questions could mean missing easier questions & wasting easy marks

5. There Is Just one Correct Answer

Be precise although you may have to sacrifice quite some time to obtain your calculation right.

Tend not to rush it as being you can wind up using time and energy in addition to missing finding a easy question right.

Silly mistakes will definitely cost valuable marks.

Finally, it wouldn’t be overemphasised how important it can be to utilize the top study materials in addition to doing mock exams – get the above things right & your chances of passing the amount 1 exam will probably be greatly enhanced.
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