A few Key Tricks to Pass Your CFA Level 1 Exam On the First Attempt

Setting up the 300 hours of study prep is very little guarantee to passing your CFA Level 1 exam on the first attempt.

The research techniques & case study material you have will have an essential part with your failure or success.

It is therefore crucial that you apply the tried & tested study methods & use the best study notes to feed 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

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 already know the pad well as well as providing you the arrogance that you’ll need to feed quality.

2. Be aware of test Format

Understanding the exact format of the exam will assure that there are keep surprises away & that there is no chance of panic setting in which could happen if you are surprised with something unexpected.

So just to recap, the format of the Level 3 mock grading 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

Normally, 1.A few minutes must be allocated for each and every question

3. Revise the information 3 or 4 weeks Ahead of the Exam

You can’t revise enough – the truth is the harder you revise & the harder practice questions & exams one does the harder confident you are going to become for tackling quality as well as being much more comfortable & proficient with the principles.

So have a minimum of 21 days before d-day to complete as many EOC (End of Chapter) questions & QBank (Schweser) as possible to successfully understand all of the material & principles.

4. Read & Understand Each Question Carefully

As a result of time restraints & pressure of sitting quality, a typical mistake is usually to misunderstand a matter & therefore select the wrong answer.

It’s going to purchase from you to pay a little time reading the question properly so we don’t misinterpret it & whether it seems too involved & too time consuming you’ll be able to plan to get forced out & go onto another that you can tackle & answer quickly.

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

5. There Is Only One Correct Answer

Be precise although you may ought to sacrifice a little time to really get your calculation right.

Do not rush it you could wind up using time and energy and also passing up on getting a not too difficult question right.

Silly mistakes will definitely cost valuable marks.

Finally, structured be overemphasised how important it’s to work with the most effective study materials and also doing mock exams – get those two things right & the chances of you passing the particular level 1 exam will likely be greatly enhanced.
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