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

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

The research techniques & the study material you utilize may play an important part in your success or failure.


It is therefore critical that you apply the tried & tested study methods & use the best study notes to give this tough exam.

5 Key Tips That will help Pass Your CFA Level 1 Exam

1. Get the Best Study Material, Practice Questions & Past Exams

Obtaining 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 making sure you understand the pad well as well as supplying you with the arrogance that you’ll want to give quality.

2. Know about test Format

Having the exact format from the exam will assure there are no surprises & that there’s 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 level III 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 per question

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

You are unable to revise enough – the truth is the greater you revise & the greater practice questions & exams you are doing the greater confident you’ll become for tackling quality let alone being more comfortable & proficient using the principles.

So give yourself no less than 3 weeks before d-day to perform numerous EOC (End of Chapter) questions & QBank (Schweser) as you can to successfully have an understanding of each of the material & principles.

4. Read & Understand Each Question Carefully

Due to the time limitations & the stress of sitting quality, a common mistake would be to misunderstand an issue & therefore choose the wrong answer.

It is going to pay out to spend a little extra time reading the question properly in order to not misinterpret it & whether it seems too involved & too frustrating you are able to choose to get forced out & look at another that you can tackle & answer quickly.

Time management techniques is critical – wasting a lot of time by the due date consuming questions could mean missing easier questions & wasting easy marks

5. There’s Only One Correct Answer

Be precise although you may ought to sacrifice a little extra time to get your calculation right.

Do not rush it you might wind up using time and energy along with missing out on finding a not too difficult question right.

Silly mistakes will definitely cost valuable marks.

Finally, it cannot be overemphasised how important it really is to work with the top study materials along with doing mock exams – get the two things right & your odds of passing the extent 1 exam will be greatly enhanced.
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