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

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

The research techniques & case study material you utilize will play a crucial part with your success or failure.

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

1. Get 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 probably the most effective ways of making certain you realize the information along with along with providing you with the boldness that you’ll need to pass the exam.

2. Be informed about the test Format

Understanding the exact format in the exam will ensure that you have keep surprises away & there’s no chance of panic setting in which could happen if you are surprised with something unexpected.

So just to recap, the format in the CFA 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

Normally, 1.A few minutes must be allocated per question

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

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

So have at least 30 days before d-day to perform as much EOC (End of Chapter) questions & QBank (Schweser) as you can to actually are aware of every one of the material & principles.

4. Read & Understand Each Question Carefully

Due to time limitations & pressure to succeed of sitting the exam, a common mistake would be to misunderstand an issue & therefore pick the wrong answer.

It’ll pay out the comission to spend a little time reading the issue properly so we don’t misinterpret it & if it seems too involved & too frustrating it is possible to opt to get forced out & search another that one could tackle & answer quickly.

Time management is critical – wasting a long time by the due date consuming questions could mean missing easier questions & wasting easy marks

5. There exists Just one Correct Answer

Be precise although you may ought to sacrifice a little time to really get your calculation right.

Tend not to rush it as being you may wind up using time and energy and also passing up on getting a relatively simple question right.

Silly mistakes will cost valuable marks.

Finally, it can’t be overemphasised how important it’s to work with the best study materials and also doing mock exams – get these two things right & the likelihood of passing the particular level 1 exam will be greatly enhanced.
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