A few Key Tricks to Pass Your CFA Level 1 Exam On the First Attempt

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Setting up the 300 hours of study prep is very little guarantee to passing your CFA Level 1 exam on the first attempt.

The study techniques & the study material you use will play a significant part inside your failure or success.


It is therefore critical the application of the tried & tested study methods & use the best study notes to feed this tough exam.

5 Key Tips That will help 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 easiest ways of ensuring that you realize the fabric along with along with giving you the confidence that you’ll need to feed the test.

2. Be Familiar With the Exam Format

Learning the exact format with the exam will make sure that there are no surprises & there’s no chance of panic establishing that may happen if you are surprised with something unexpected.

So just to recap, the format with the CFA is as follows;

Format: multiple-choice

Questions:

240 equally weighted questions

Morning Session: 120 questions;

Afternoon Session: 120 questions

Each question has three answer choices

On average, 1.A few minutes must be allocated for each and every question

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

You can not revise enough – the truth is the harder you revise & the harder practice questions & exams you need to do the harder confident you’ll become for tackling the test not forgetting being more at ease & proficient with the principles.

So allow yourself a minimum of 21 days before d-day to do numerous EOC (End of Chapter) questions & QBank (Schweser) as is possible to actually have an understanding of every one of the material & principles.

4. Read & Understand Each Question Carefully

Due to time restraints & pressure of sitting the test, a standard mistake is to misunderstand a matter & therefore opt for the wrong answer.

It will purchase from you to invest a little extra time reading the issue properly in order to not misinterpret it & if it seems too involved & too time-consuming you can plan to let it rest & search another that one could tackle & answer quickly.

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

5. There exists Only One Correct Answer

Be precise although you may have to sacrifice a little extra time to obtain your calculation right.

Do not rush becoming you can end up using time and energy as well as missing finding a relatively simple question right.

Silly mistakes will definitely cost valuable marks.

Finally, it can’t be overemphasised how important it’s to utilize the best study materials as well as doing mock exams – get these two things right & your odds of passing the particular level 1 exam will be greatly enhanced.
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