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

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

The research techniques & the analysis material you use will play a crucial part inside your failure or success.

Hence, it is crucial that you apply the tried & tested study methods & make use of the best study notes to pass through this tough exam.

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

1. Acquire 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 among the easiest ways of ensuring that you realize the information along with along with providing you the confidence that you will want to pass through test.

2. Know about the Exam Format

Having the exact format of the exam will assure that there are no surprises & that there is no chance of panic establishing which can happen if you are surprised with something unexpected.

So only to recap, the format of the Level 3 mock grading 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.Five minutes needs to be allocated for each and every question

3. Revise the pad Three or four weeks Prior to Exam

You can’t revise enough – in fact the greater you revise & the greater practice questions & exams you are doing the greater confident you are going to become for tackling test as well as being more at ease & proficient with all the principles.

So give yourself a minimum of 3 weeks before d-day to do as much EOC (End of Chapter) questions & QBank (Schweser) as possible to make sure you understand all of the material & principles.

4. Read & Understand Each Question Carefully

Due to the time limitations & pressure of sitting test, perhaps the most common mistake is to misunderstand a question & therefore choose the wrong answer.

It will pay out to shell out quite some time reading the question properly in order to not misinterpret it & if it seems too involved & too time intensive you’ll be able to decide to let it rest & internet browser another that you could tackle & answer quickly.

Personal time management is essential – wasting a long time punctually consuming questions could mean missing easier questions & wasting easy marks

5. There exists Only One Correct Answer

Be precise although you may have to sacrifice quite some time to get your calculation right.

Tend not to rush it as you could end up using energy in addition to losing out on receiving a relatively easy question right.

Silly mistakes will cost valuable marks.

Finally, structured be overemphasised how important it really is to make use of the very best study materials in addition to doing mock exams – get the two things right & your odds of passing the particular level 1 exam will be greatly enhanced.
More details about Level 3 mock grading go to our new web portal: this