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

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Putting in the 300 hours of study prep isn’t a guarantee to passing your CFA Level 1 exam about the first attempt.

The study techniques & the study material you employ will have an essential part with your success or failure.


Hence, it is critical which you use the tried & tested study methods & use the best study notes to pass this tough exam.

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

1. Obtain 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 one of the best ways of ensuring that you realize the material along with along with providing you with the arrogance that you will want to pass the test.

2. Be Familiar With test Format

Understanding the exact format of the exam will guarantee that we now have keep surprises away & there’s no chance of panic establishing which could happen in case you are surprised with something unexpected.

So simply to recap, the format of the CFA level III 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

Typically, 1.A few moments should be allocated per question

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

You can not revise enough – in fact the more you revise & the more practice questions & exams you do the more confident you will become for tackling the test as well as being more at ease & proficient together with the principles.

So allow yourself no less than 25 days before d-day to accomplish numerous EOC (End of Chapter) questions & QBank (Schweser) as you can to make sure you understand all of the material & principles.

4. Read & Understand Each Question Carefully

Because of the time limitations & pressure of sitting the test, a standard mistake is usually to misunderstand a matter & therefore select the wrong answer.

It’ll pay out to shell out a little time reading the question properly so we don’t misinterpret it & when it seems too involved & too time intensive you can plan to let it sit & internet browser another that one could tackle & answer quickly.

Personal time management is vital – wasting a lot of 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 ought to sacrifice a little time to get your calculation right.

Usually do not rush it you might turn out using time and also losing out on getting a easy question right.

Silly mistakes will definitely cost valuable marks.

Finally, it can’t be overemphasised how important it really is to work with the most effective study materials and also doing mock exams – get those two things right & your odds of passing the amount 1 exam will likely be greatly enhanced.
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