Applying the 300 hours of study prep is not a guarantee to passing your CFA Level 1 exam around the first attempt.
The analysis techniques & the analysis material you use can play an important part with your failure or success.
Therefore, it’s critical that you apply the tried & tested study methods & utilize best study notes to pass through this tough exam.
5 Key Tips That will help Pass Your CFA Level 1 Exam
1. Receive 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 probably the most effective ways of making sure you realize the pad well as well as providing you the boldness that you will need to pass through test.
2. Be aware of quality Format
Knowing the exact format with the exam will assure that you have keep surprises away & that there are absolutely no way of panic establishing which can happen should you be surprised with something unexpected.
So just to recap, the format with the CFA mocks exams 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 should be allocated for each question
3. Revise the information Three to four weeks Before the Exam
You can’t revise enough – in reality greater you revise & greater practice questions & exams you do greater confident you may become for tackling test as well as being much more comfortable & proficient with all the principles.
So give yourself a minimum of 30 days before d-day to complete numerous EOC (End of Chapter) questions & QBank (Schweser) as you possibly can to successfully have an understanding of all of the material & principles.
4. Read & Understand Each Question Carefully
Because of the time restraints & pressure to succeed of sitting test, a standard mistake is always to misunderstand a matter & therefore select the wrong answer.
It’s going to purchase from you to invest a little extra time reading the issue properly so we don’t misinterpret it & if it seems too involved & too frustrating you’ll be able to plan to get forced out & go onto another that one could tackle & answer quickly.
Time management techniques is vital – wasting too much time promptly consuming questions could mean missing easier questions & wasting easy marks
5. There Is Only 1 Correct Answer
Be precise although you may must sacrifice a little extra time to really get your calculation right.
Do not rush it you can find yourself using time and also missing obtaining a not too difficult question right.
Silly mistakes will set you back valuable marks.
Finally, it cannot be overemphasised how important it’s to work with the top study materials and also doing mock exams – get these two things right & your chances of passing the level 1 exam will be greatly enhanced.
To get more information about CFA mocks exams see our web page: click for more info
Be First to Comment