Applying the 300 hours of study prep isn’t a guarantee to passing your CFA Level 1 exam about the first attempt.

The research techniques & case study material you utilize will play a crucial part within your failure or success.

Hence, it is of vital importance that you employ the tried & tested study methods & utilize best study notes to give 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

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

Doing past papers is probably the most effective ways of making sure you already know the fabric well as well as giving you the boldness that you will want to give the exam.

2. Be aware of the Exam Format

Knowing the exact format in the exam will ensure there are no surprises & that there is no chance of panic establishing which can happen if you are surprised with something unexpected.

So in order to recap, the format in the Level 3 mock grading 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

Typically, 1.A few moments should be allocated for every question

3. Revise the information Three or four weeks Ahead of the Exam

You can not revise enough – the truth is the harder you revise & the harder practice questions & exams you need to do the harder confident you may become for tackling the exam not to mention being more comfortable & proficient with all the principles.

So allow a minimum of 30 days before d-day to do as much EOC (End of Chapter) questions & QBank (Schweser) as you can to ensure that you are familiar with each of the material & principles.

4. Read & Understand Each Question Carefully

Because of the time limitations & pressure of sitting the exam, a common mistake is to misunderstand a question & therefore opt for the wrong answer.

It’s going to purchase from you to shell out a bit of time reading the question properly so we don’t misinterpret it & if it seems too involved & too time-consuming you can opt to let it rest & internet browser another you could tackle & answer quickly.

Time management techniques is critical – wasting a long time on time consuming questions could mean missing easier questions & wasting easy marks

5. There is certainly Only One Correct Answer

Be precise even though you ought to sacrifice a bit of time to get your calculation right.

Tend not to rush it as you may end up using valuable time as well as missing out on obtaining a relatively simple question right.

Silly mistakes will set you back valuable marks.

Finally, it can’t be overemphasised how important it can be to utilize the very best study materials as well as doing mock exams – get these two things right & your chances of passing the particular level 1 exam will be greatly enhanced.
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