A few Key Suggestions to Pass Your CFA Level 1 Exam About the First Attempt

Setting up the 300 hours of study prep is not an guarantee to passing your CFA Level 1 exam about the first attempt.

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

Therefore, it’s critical the application of the tried & tested study methods & use the best study notes to pass this tough exam.

5 Key Tips That Will Help You Pass Your CFA Level 1 Exam

1. Acquire 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 among the simplest ways of making certain you already know the pad along with along with providing you the confidence that you’ll need to pass the test.

2. Be informed about quality Format

Understanding the exact format from the exam will guarantee that you have stay away from surprises & that there are absolutely no way of panic setting in which can happen in case you are surprised with something unexpected.

So in order to recap, the format from the CFA mocks exams is really 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 needs to be allocated for each and every question

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

You can not revise enough – actually greater you revise & greater practice questions & exams you do greater confident you are going to become for tackling the test let alone being convenient & proficient using the principles.

So have at least 3 weeks before d-day to accomplish as much EOC (End of Chapter) questions & QBank (Schweser) as you can to actually are aware of each of the material & principles.

4. Read & Understand Each Question Carefully

Because of the a lack of time & pressure of sitting the test, a typical mistake would be to misunderstand something & therefore opt for the wrong answer.

It will pay you to invest quite some time reading the question properly so we don’t misinterpret it & if it seems too involved & too time consuming you’ll be able to choose to let it sit & internet browser another that you can tackle & answer quickly.

Time management planning is very important – wasting too much effort by the due date consuming questions could mean missing easier questions & wasting easy marks

5. There exists Just one Correct Answer

Be precise even though you must sacrifice quite some time to get your calculation right.

Tend not to rush it you may find yourself using energy and also losing out on receiving a relatively simple question right.

Silly mistakes will surely cost valuable marks.

Finally, it wouldn’t be overemphasised how important it can be to utilize the most effective study materials and also doing mock exams – get those two things right & your chances of passing the particular level 1 exam will be greatly enhanced.
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