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

Posted on by

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

Case study techniques & case study material you employ will have a crucial part with your failure or success.


Therefore, it is crucial the application of the tried & tested study methods & utilize the best study notes to pass this tough exam.

5 Key Tips That may help you Pass Your CFA Level 1 Exam

1. Receive 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 certain you already know the material along with along with providing you with the boldness that you’ll want to pass the test.

2. Know about quality Format

Knowing the exact format from the exam will assure that there are stay away from surprises & there’s absolutely no way of panic setting in which can happen if you’re surprised with something unexpected.

So only to recap, the format from 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

An average of, 1.Five minutes must be allocated per question

3. Revise the Material Three to four weeks Prior to the Exam

You cannot revise enough – in reality the more you revise & the more practice questions & exams you are doing the more confident you’ll become for tackling the test not forgetting being more comfortable & proficient using the principles.

So allow yourself at the very least 25 days before d-day to complete numerous EOC (End of Chapter) questions & QBank (Schweser) as you can to ensure that you are familiar with all of the material & principles.

4. Read & Understand Each Question Carefully

As a result of time constraints & pressure of sitting the test, a standard mistake is always to misunderstand something & therefore choose the wrong answer.

It is going to pay out to spend quite some time reading the issue properly in order to not misinterpret it & whether it seems too involved & too time-consuming you’ll be able to choose to get forced out & internet browser another that you could tackle & answer quickly.

Time management planning is essential – wasting too much time punctually consuming questions can often mean missing easier questions & wasting easy marks

5. There’s Only One Correct Answer

Be precise in case you have to sacrifice quite some time to obtain your calculation right.

Don’t rush becoming you can wind up using valuable time and also missing out on finding a not too difficult question right.

Silly mistakes will surely cost valuable marks.

Finally, structured be overemphasised how important it really is to use the most effective study materials and also doing mock exams – get the above things right & the chances of you passing the particular level 1 exam will probably be greatly enhanced.
For more info about CFA browse the best internet page: click now