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.

Case study techniques & the research material you have may play a crucial part within your success or failure.

5 Key Tips That will assist you Pass Your CFA Level 1 Exam

1. Obtain 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 one of the most effective ways of making sure that you already know the fabric well as well as supplying you with the confidence that you will want to feed the test.

2. Be aware of quality Format

Knowing the exact format with the exam will assure there are no surprises & that there’s no chance of panic establishing which can happen if you’re surprised with something unexpected.

So only to recap, the format with the CFA can 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 should be allocated per question

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

You can’t revise enough – the truth is the greater you revise & the greater practice questions & exams one does the greater confident you will become for tackling the test as well as being more at ease & proficient together with the principles.

So allow a minimum of 3 weeks before d-day to perform as much EOC (End of Chapter) questions & QBank (Schweser) as is possible to make sure you understand each of the material & principles.

4. Read & Understand Each Question Carefully

Due to the a lack of time & pressure of sitting the test, a standard mistake is always to misunderstand a question & therefore opt for the wrong answer.

It’ll pay out to shell out quite some time reading the question properly in order to not misinterpret it & whether or not this seems too involved & too time intensive you can opt to get forced out & internet browser another that you can tackle & answer quickly.

Personal time management is very important – wasting too much time punctually consuming questions can often mean missing easier questions & wasting easy marks

5. There is certainly Merely one Correct Answer

Be precise although you may must sacrifice quite some time to really get your calculation right.

Tend not to rush it you may end up using time and energy along with missing out on obtaining a not too difficult question right.

Silly mistakes will surely cost valuable marks.

Finally, it can’t be overemphasised how important it really is to utilize the very best study materials along with doing mock exams – get the two things right & the chances of you passing the particular level 1 exam is going to be greatly enhanced.
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