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

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

The analysis techniques & the study material you have can play a significant part in your success or failure.

Therefore, it is crucial that you employ the tried & tested study methods & make use of the best study notes to pass through 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

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

Doing past papers is one of the most effective ways of making sure you understand the information well as well as providing you with the boldness that you’ll need to pass through quality.

2. Be Familiar With the test Format

Having the exact format of the exam will assure there are stay away from surprises & that there’s no chance of panic establishing which could happen in case you are surprised with something unexpected.

So just to recap, the format of the CFA level 3 can 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 for each question

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

You can not revise enough – in fact the greater you revise & the greater practice questions & exams you do the greater confident you are going to become for tackling quality let alone being more at ease & proficient together with the principles.

So have no less than 30 days before d-day to do as numerous EOC (End of Chapter) questions & QBank (Schweser) as you possibly can to ensure that you are familiar with every one of the material & principles.

4. Read & Understand Each Question Carefully

Because of the time restraints & the stress of sitting quality, a common mistake would be to misunderstand a matter & therefore select the wrong answer.

It will pay out to spend a little time reading the question properly in order to not misinterpret it & when it seems too involved & too time intensive you are able to plan to leave it & internet browser another that you could tackle & answer quickly.

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

5. There Is Only One Correct Answer

Be precise in case you need to sacrifice a little time to really get your calculation right.

Do not rush it you could turn out using time and energy along with losing out on finding a relatively easy question right.

Silly mistakes will surely cost valuable marks.

Finally, it wouldn’t be overemphasised how important it is to make use of the top study materials along with doing mock exams – get the above things right & the chances of you passing the amount 1 exam will likely be greatly enhanced.
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