Five Key Tricks to Pass Your CFA Level 1 Exam For the First Attempt

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

The study techniques & the research material you employ will play an essential part within your success or failure.

5 Key Tips That will help Pass Your CFA Level 1 Exam

1. Obtain 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 simplest ways of making sure you understand the material along with along with supplying you with the boldness that you’ll need to pass test.

2. Know about quality Format

Learning the exact format of the exam will assure that you have stay away from surprises & there’s no chance of panic setting in which could happen in case you are surprised with something unexpected.

So only to recap, the format of the CFA level 3 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

Typically, 1.A few minutes ought to be allocated per question

3. Revise the information Three or four weeks Before the Exam

You can’t revise enough – in reality greater you revise & greater practice questions & exams you are doing greater confident you’ll become for tackling test let alone being more at ease & proficient together with the principles.

So allow at least 25 days before d-day to complete as many EOC (End of Chapter) questions & QBank (Schweser) as you can to make sure you are familiar with all of the material & principles.

4. Read & Understand Each Question Carefully

As a result of time limitations & the stress of sitting test, perhaps the most common mistake is to misunderstand something & therefore pick the wrong answer.

It’s going to pay out to spend a little time reading the question properly so we don’t misinterpret it & if it seems too involved & too frustrating you’ll be able to plan to let it sit & search another you could tackle & answer quickly.

Time management is essential – wasting a long time punctually consuming questions can often mean missing easier questions & wasting easy marks

5. There is certainly Only 1 Correct Answer

Be precise in case you must sacrifice a little time to get your calculation right.

Do not rush it you could turn out using energy in addition to losing out on getting a relatively easy question right.

Silly mistakes will set you back valuable marks.

Finally, it cannot be overemphasised how important it is to use the most effective study materials in addition to doing mock exams – get those two things right & the chances of you passing the level 1 exam will likely be greatly enhanced.
To learn more about CFA level 3 explore our new web site: click site