Your five Key Ideas to Pass Your CFA Level 1 Exam For the First Attempt

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

The research techniques & the research material you employ will play an important part inside your success or failure.


Therefore, it is crucial that you apply the tried & tested study methods & utilize best study notes to feed this tough exam.

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

1. Acquire 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 amongst the easiest ways of making sure you understand the fabric along with along with supplying you with the arrogance that you’ll want to feed test.

2. Be aware of quality Format

Having the exact format from the exam will ensure that there are stay away from surprises & that there’s no chance of panic setting in that may happen if you’re surprised with something unexpected.

So only 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

An average of, 1.5 minutes needs to be allocated per question

3. Revise the information Three to four weeks Ahead of the Exam

You can not revise enough – in reality the harder you revise & the harder practice questions & exams you need to do the harder confident you are going to become for tackling test as well as being more at ease & proficient together with the principles.

So give yourself at the very least 30 days before d-day to perform as numerous EOC (End of Chapter) questions & QBank (Schweser) as you can to ensure that you have an understanding of all the material & principles.

4. Read & Understand Each Question Carefully

Due to a lack of time & pressure of sitting test, a standard mistake is always to misunderstand a matter & therefore choose the wrong answer.

It’ll purchase from you to pay a bit of time reading the issue properly so we don’t misinterpret it & when it seems too involved & too time-consuming you can choose to get forced out & search another that you could tackle & answer quickly.

Time management techniques is very important – wasting a long time by the due date consuming questions can often mean missing easier questions & wasting easy marks

5. There exists Just one Correct Answer

Be precise although you may need to sacrifice a bit of time to get your calculation right.

Do not rush it you could find yourself using time and energy as well as missing out on receiving a relatively easy question right.

Silly mistakes will cost valuable marks.

Finally, it cannot be overemphasised how important it can be to work with the top study materials as well as doing mock exams – get the above things right & your chances of passing the amount 1 exam will be greatly enhanced.
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