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.

Case study techniques & the research material you have will play an essential part in your failure or success.

5 Key Tips That will help 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 one of the easiest ways of making sure you know the material along with along with supplying you with the arrogance that you will need to pass through quality.

2. Be aware of quality Format

Knowing the exact format of the exam will ensure that you have no surprises & that there is absolutely no way of panic setting in which can happen if you’re surprised with something unexpected.

So only to recap, the format of the CFA mocks exams 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.Five minutes ought to be allocated for every question

3. Revise the fabric 3 or 4 weeks Ahead of the Exam

You are unable to revise enough – in reality the harder you revise & the harder practice questions & exams you need to do the harder confident you’ll become for tackling quality not forgetting being convenient & proficient together with the principles.

So have at the very least 30 days before d-day to accomplish as many EOC (End of Chapter) questions & QBank (Schweser) as possible to successfully understand every one of the material & principles.

4. Read & Understand Each Question Carefully

Due to the time limitations & the pressure of sitting quality, a typical mistake is usually to misunderstand a question & therefore select the wrong answer.

It will pay out to invest a little time reading the issue properly in order to not misinterpret it & whether or not this seems too involved & too time-consuming you’ll be able to choose to let it rest & search another that you could tackle & answer quickly.

Personal time management is vital – wasting too much effort by the due date consuming questions can often mean missing easier questions & wasting easy marks

5. There exists Just one Correct Answer

Be precise even though you have to sacrifice a little time to really get your calculation right.

Usually do not rush it you can turn out using valuable time as well as missing getting a relatively easy question right.

Silly mistakes will definitely cost valuable marks.

Finally, structured be overemphasised how important it’s to use the best study materials as well as doing mock exams – get the above things right & the likelihood of passing the level 1 exam will likely be greatly enhanced.
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