Your five Key Tips To Pass Your CFA Level 1 Exam On the First Attempt

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Applying the 300 hours of study prep is not a guarantee to passing your CFA Level 1 exam on the first attempt.

The analysis techniques & the research material you employ will play an essential part in your failure or success.


It is therefore critical which you use the tried & tested study methods & utilize the best study notes to feed this tough exam.

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

1. Receive the best Study Material, Practice Questions & Past Exams

Getting the best study materials, including books, study guides, prep books & videos, will stand you in good stead.

Doing past papers is amongst the most effective ways of making sure you realize the material well as well as giving you the boldness that you will want to feed test.

2. Be aware of the test Format

Understanding the exact format of the exam will make sure that we now have no surprises & that there are absolutely no way of panic setting in which can happen if you are surprised with something unexpected.

So simply to recap, the format of 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.A few moments should be allocated for every question

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

You are unable to revise enough – the truth is greater you revise & greater practice questions & exams you need to do greater confident you may become for tackling test let alone being much more comfortable & proficient with the principles.

So allow no less than 25 days before d-day to complete as numerous EOC (End of Chapter) questions & QBank (Schweser) as you can to ensure that you are familiar with all the material & principles.

4. Read & Understand Each Question Carefully

Because of the time limitations & the pressure of sitting test, a typical mistake would be to misunderstand an issue & therefore choose the wrong answer.

It will purchase from you to invest a bit of time reading the question properly so we don’t misinterpret it & if it seems too involved & too time consuming it is possible to plan to let it rest & go onto another you could tackle & answer quickly.

Personal time management is vital – wasting too much effort on time consuming questions could mean missing easier questions & wasting easy marks

5. There’s Merely one Correct Answer

Be precise although you may ought to sacrifice a bit of time to obtain your calculation right.

Do not rush becoming you might turn out using time and energy and also missing out on getting a not too difficult question right.

Silly mistakes will definitely cost valuable marks.

Finally, it can’t be overemphasised how important it is to work with the most effective study materials and also doing mock exams – get the above things right & the chances of you passing the extent 1 exam will probably be greatly enhanced.
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