A few Key Ideas to Pass Your CFA Level 1 Exam Around the First Attempt

Setting up the 300 hours of study prep isn’t a guarantee to passing your CFA Level 1 exam around the first attempt.

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


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

5 Key Tips That may help 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 probably the best ways of ensuring that you realize the fabric well as well as providing you the boldness that you will want to pass quality.

2. Be aware of the test Format

Having the exact format with the exam will make sure that there are keep surprises away & there’s no chance of panic establishing which could happen if you are surprised with something unexpected.

So simply to recap, the format with the CFA level III is really as follows;

Format: multiple-choice

Questions:

240 equally weighted questions

Morning Session: 120 questions;

Afternoon Session: 120 questions

Each question has three answer choices

Typically, 1.A few moments ought to be allocated for each question

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

You are unable to revise enough – actually the greater you revise & the greater practice questions & exams you are doing the greater confident you are going to become for tackling quality not to mention being convenient & proficient with all the principles.

So allow at least 25 days before d-day to perform as much EOC (End of Chapter) questions & QBank (Schweser) as is possible to successfully are aware of each 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 a question & therefore select the wrong answer.

It will pay out to shell out quite some time reading the question properly in order to not misinterpret it & whether it seems too involved & too time-consuming it is possible to decide to let it sit & go onto another that one could tackle & answer quickly.

Time management planning is vital – wasting a long time on time consuming questions could mean missing easier questions & wasting easy marks

5. There is certainly Just one Correct Answer

Be precise even though you have to sacrifice quite some time to obtain your calculation right.

Don’t rush it as being you could wind up using time and also losing out on finding a easy question right.

Silly mistakes will cost valuable marks.

Finally, structured be overemphasised how important it really is to utilize the best study materials and also doing mock exams – get those two things right & your odds of passing the level 1 exam will probably be greatly enhanced.
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