Search engine for touristic excursions to any place in the world Putting in the 300 hours of study prep is very little guarantee to passing your CFA Level 1 exam on the first attempt.
The study techniques & case study material you use will play a crucial part within your failure or success.
Therefore, it is of vital importance that you apply the tried & tested study methods & make use of the best study notes to give this tough exam.
5 Key Tips That Will Help You Pass Your CFA Level 1 Exam
1. Obtain 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 amongst the best ways of making sure you realize the material well as well as providing you the boldness that you will want to give the test.
2. Know about quality Format
Having the exact format in the exam will make sure that we now have no surprises & that there is no chance of panic establishing which could happen if you are surprised with something unexpected.
So just to recap, the format in the CFA level 3 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 minutes should be allocated for each question
3. Revise the pad Three to four weeks Before the Exam
You can’t revise enough – actually the more you revise & the more practice questions & exams you need to do the more confident you may become for tackling the test not to mention being more comfortable & proficient with the principles.
So have a minimum of 25 days before d-day to do numerous EOC (End of Chapter) questions & QBank (Schweser) as you can to make sure you have an understanding of every one of the material & principles.
4. Read & Understand Each Question Carefully
Due to the time limitations & pressure to succeed of sitting the test, a standard mistake is always to misunderstand an issue & therefore opt for the wrong answer.
It’ll pay you to shell out a little time reading the question properly so we don’t misinterpret it & when it seems too involved & too frustrating you’ll be able to opt to leave it & look at another that you can tackle & answer quickly.
Personal time management is vital – wasting a long time on time consuming questions can often mean missing easier questions & wasting easy marks
5. There exists Merely one Correct Answer
Be precise even if you have to sacrifice a little time to get your calculation right.
Usually do not rush it as being you might wind up using valuable time in addition to losing out on finding a easy question right.
Silly mistakes will set you back valuable marks.
Finally, it cannot be overemphasised how important it can be to make use of the very best study materials in addition to doing mock exams – get the two things right & the chances of you passing the particular level 1 exam will likely be greatly enhanced.
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