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

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

Case study techniques & case study material you use will have a crucial part in your success or failure.

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

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

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

Doing past papers is among the most effective ways of making certain you understand the material well as well as supplying you with the confidence that you will need to give the exam.

2. Be Familiar With the Exam Format

Knowing the exact format from the exam will assure that there are stay away from surprises & that there is no chance of panic establishing which could happen in case you are surprised with something unexpected.

So in order to recap, the format from the CFA mocks exams 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, 1.5 minutes ought to be allocated for each and every question

3. Revise the pad 3 or 4 weeks Prior to Exam

You are unable to revise enough – actually greater you revise & greater practice questions & exams one does greater confident you’ll become for tackling the exam as well as being convenient & proficient with the principles.

So allow yourself at least 21 days before d-day to perform 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

Due to the time limitations & pressure to succeed of sitting the exam, a standard mistake is always to misunderstand something & therefore opt for the wrong answer.

It is going to pay out the comission to spend a little extra time reading the issue properly so we don’t misinterpret it & when it seems too involved & too time consuming you can choose to leave it & go onto another you could tackle & answer quickly.

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

5. There is certainly Just one Correct Answer

Be precise even if you ought to sacrifice a little extra time to really get your calculation right.

Do not rush it you could end up using energy along with missing out on getting a relatively simple question right.

Silly mistakes will surely cost valuable marks.

Finally, structured be overemphasised how important it can be to utilize the very best study materials along with doing mock exams – get those two things right & the chances of you passing the extent 1 exam is going to be greatly enhanced.
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