Search engine for touristic excursions to any place in the world Setting up the 300 hours of study prep isn’t a guarantee to passing your CFA Level 1 exam around the first attempt.
The research techniques & the research material you utilize will play an important part inside your failure or success.
It is therefore of vital importance which you use the tried & tested study methods & utilize best study notes to pass this tough exam.
5 Key Tips That will assist you Pass Your CFA Level 1 Exam
1. Obtain 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 amongst the most effective ways of ensuring that you understand the information well as well as providing you with the confidence that you’ll need to pass the exam.
2. Know about test Format
Knowing the exact format with the exam will guarantee that you have no surprises & there’s absolutely no way of panic establishing that may happen should you be surprised with something unexpected.
So in order to recap, the format with the CFA level 3 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 should be allocated for every question
3. Revise the information 3 to 4 weeks Prior to Exam
You are unable to revise enough – actually the harder you revise & the harder practice questions & exams you need to do the harder confident you are going to become for tackling the exam not forgetting being much more comfortable & proficient with the principles.
So give yourself a minimum of 25 days before d-day to do as many EOC (End of Chapter) questions & QBank (Schweser) as you can to make sure you understand each of the material & principles.
4. Read & Understand Each Question Carefully
Due to time constraints & the stress of sitting the exam, perhaps the most common mistake is usually to misunderstand something & therefore choose the wrong answer.
It’ll pay out to pay a little extra time reading the question properly in order to not misinterpret it & whether it seems too involved & too time-consuming you are able to choose to leave it & go onto another that you can tackle & answer quickly.
Personal time management is essential – wasting a lot of time punctually consuming questions can often mean missing easier questions & wasting easy marks
5. There is certainly Only 1 Correct Answer
Be precise although you may must sacrifice a little extra time to get your calculation right.
Don’t rush becoming you may end up using time in addition to passing up on getting a relatively easy question right.
Silly mistakes will definitely cost valuable marks.
Finally, it can’t be overemphasised how important it is to utilize the top study materials in addition to doing mock exams – get these two things right & the likelihood of passing the extent 1 exam will be greatly enhanced.
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