Your five Key Suggestions to Pass Your CFA Level 1 Exam About the First Attempt

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

The research techniques & the research material you employ can play a significant part within your failure or success.

5 Key Tips That Will Help You Pass Your CFA Level 1 Exam

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

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

Doing past papers is amongst the easiest ways of ensuring that you understand the pad well as well as giving you the boldness that you will want to pass through quality.

2. Be aware of test Format

Learning the exact format in the exam will make sure that you have stay away from surprises & that there is absolutely no way of panic establishing that may happen if you are surprised with something unexpected.

So simply to recap, the format in 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

An average of, 1.A few minutes needs to be allocated per question

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

You can’t revise enough – the truth is the more you revise & the more practice questions & exams one does the more confident you will become for tackling quality not forgetting being much more comfortable & proficient using the principles.

So allow yourself at least 30 days before d-day to do as many EOC (End of Chapter) questions & QBank (Schweser) as you can to successfully are aware of all the material & principles.

4. Read & Understand Each Question Carefully

Due to time limitations & pressure of sitting quality, a common mistake is to misunderstand an issue & therefore opt for the wrong answer.

It’s going to pay out the comission to pay a little time reading the issue properly in order to not misinterpret it & when it seems too involved & too time-consuming you are able to decide to let it sit & internet browser another that you can tackle & answer quickly.

Time management is vital – wasting a lot of time promptly consuming questions can often mean missing easier questions & wasting easy marks

5. There Is Just one Correct Answer

Be precise even if you need to sacrifice a little time to get your calculation right.

Usually do not rush it as you might wind up using valuable time as well as missing obtaining a relatively simple question right.

Silly mistakes will surely cost valuable marks.

Finally, it cannot be overemphasised how important it is to utilize the best study materials as well as doing mock exams – get those two things right & your odds of passing the amount 1 exam is going to be greatly enhanced.
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