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

Case study techniques & the analysis material you use will have an important part within your failure or success.

Hence, it is of vital importance which you use the tried & tested study methods & make use of the best study notes to give this tough exam.

5 Key Tips That may help you Pass Your CFA Level 1 Exam

1. Acquire the best Study Material, Practice Questions & Past Exams

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

Doing past papers is one of the simplest ways of making sure that you understand the fabric along with along with supplying you with the arrogance that you will want to give test.

2. Be aware of the test Format

Knowing the exact format from the exam will ensure that we now have no surprises & that there’s no chance of panic setting in which could happen in case you are surprised with something unexpected.

So just 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

An average of, 1.A few moments ought to be allocated per question

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

You are unable to revise enough – the truth is the harder you revise & the harder practice questions & exams you are doing the harder confident you’ll become for tackling test not to mention being more comfortable & proficient with the principles.

So allow no less than 30 days before d-day to perform as many EOC (End of Chapter) questions & QBank (Schweser) as you can to actually have an understanding of all the material & principles.

4. Read & Understand Each Question Carefully

Because of the time constraints & the pressure of sitting test, perhaps the most common mistake would be to misunderstand a matter & therefore select the wrong answer.

It is going to purchase from you to spend quite some time reading the issue properly in order to not misinterpret it & when it seems too involved & too time-consuming it is possible to plan to leave it & look at another that you could tackle & answer quickly.

Time management is vital – wasting a lot of time by the due date consuming questions can often mean missing easier questions & wasting easy marks

5. There exists Merely one Correct Answer

Be precise although you may need to sacrifice quite some time to obtain your calculation right.

Usually do not rush it you may wind up using time along with losing out on receiving a not too difficult question right.

Silly mistakes will definitely cost valuable marks.

Finally, it cannot be overemphasised how important it can be to make use of the best study materials along with doing mock exams – get the above things right & your odds of passing the amount 1 exam will be greatly enhanced.
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