Putting in the 300 hours of study prep is not a guarantee to passing your CFA Level 1 exam on the first attempt.
The study techniques & the analysis material you use will play an essential part inside your success or failure.
Therefore, it is of vital importance that you apply the tried & tested study methods & utilize best study notes to feed this tough exam.
5 Key Tips That will help 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 best ways of ensuring that you realize the material well as well as providing you the arrogance that you’ll want to feed test.
2. Be Familiar With the test Format
Learning the exact format in the exam will assure that you have stay away from surprises & that there is absolutely no way of panic establishing that may happen if you are surprised with something unexpected.
So simply to recap, the format in 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
Normally, 1.A few moments must be allocated for every question
3. Revise the information Three or four weeks Prior to Exam
You cannot revise enough – the truth is the harder you revise & the harder practice questions & exams one does the harder confident you may become for tackling test not to mention being more at ease & proficient with all the principles.
So allow no less than 3 weeks before d-day to do as numerous EOC (End of Chapter) questions & QBank (Schweser) as you possibly can to actually understand all of the material & principles.
4. Read & Understand Each Question Carefully
Due to a lack of time & pressure to succeed of sitting test, a typical mistake is usually to misunderstand something & therefore select the wrong answer.
It will purchase from you to spend quite some time reading the issue properly so we don’t misinterpret it & if 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 techniques is essential – wasting too much time promptly consuming questions can often mean missing easier questions & wasting easy marks
5. There’s Only 1 Correct Answer
Be precise even though you ought to sacrifice quite some time to really get your calculation right.
Tend not to rush it as you might wind up using time as well as missing obtaining a relatively easy question right.
Silly mistakes will set you back valuable marks.
Finally, structured be overemphasised how important it can be to work with the best study materials as well as doing mock exams – get these two things right & the likelihood of passing the extent 1 exam will probably be greatly enhanced.
To read more about CFA explore the best webpage: here
