Applying the 300 hours of study prep is not a guarantee to passing your CFA Level 1 exam on the first attempt.
The analysis techniques & the study material you have will have a crucial part within your success or failure.
Therefore, it is of vital importance which you use the tried & tested study methods & use the best study notes to give this tough exam.
5 Key Tips That may help you Pass Your CFA Level 1 Exam
1. Get 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 easiest ways of making sure that you know the material along with along with supplying you with the boldness that you’ll need to give the exam.
2. Be aware of the Exam Format
Learning the exact format in the exam will assure that there are keep surprises away & that there are absolutely no way of panic setting in which could happen should you be surprised with something unexpected.
So in order to recap, the format in the Level 3 mock grading is 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 minutes must be allocated for every question
3. Revise the fabric 3 or 4 weeks Before the Exam
You can’t revise enough – in fact the more you revise & the more practice questions & exams one does the more confident you are going to become for tackling the exam let alone being more comfortable & proficient using the principles.
So allow yourself a minimum of 21 days before d-day to perform as many EOC (End of Chapter) questions & QBank (Schweser) as you can to actually understand every one of the material & principles.
4. Read & Understand Each Question Carefully
As a result of time constraints & the stress of sitting the exam, a standard mistake is usually to misunderstand a matter & therefore pick the wrong answer.
It is going to pay out to shell out a little extra time reading the question properly in order to not misinterpret it & when it seems too involved & too time-consuming you’ll be able to plan to let it sit & internet browser another that you could tackle & answer quickly.
Personal time management is vital – wasting too much effort punctually consuming questions could mean missing easier questions & wasting easy marks
5. There’s Just one Correct Answer
Be precise in case you have to sacrifice a little extra time to really get your calculation right.
Usually do not rush it you may end up using time as well as passing up on obtaining a relatively simple question right.
Silly mistakes will definitely cost valuable marks.
Finally, it can’t be overemphasised how important it is to utilize the top study materials as well as doing mock exams – get the above things right & your chances of passing the extent 1 exam will likely be greatly enhanced.
For more information about Level 3 mock grading go to this website: read