Search engine for touristic excursions to any place in the world Investing in the 300 hours of study prep is very little guarantee to passing your CFA Level 1 exam on the first attempt.
Case study techniques & case study material you have will play a crucial part inside your success or failure.
It is therefore crucial which you use the tried & tested study methods & utilize best study notes to pass through this tough exam.
5 Key Tips That may help 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 among the simplest ways of making sure that you already know the information well as well as supplying you with the confidence that you will need to pass through test.
2. Know about the Exam Format
Having the exact format in the exam will make sure that there are stay away from surprises & there’s absolutely no way of panic establishing which may happen if you are surprised with something unexpected.
So only to recap, the format in 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
Typically, 1.A few moments needs to be allocated for each and every question
3. Revise the pad 3 to 4 weeks Before the Exam
You can’t revise enough – in reality the more you revise & the more practice questions & exams you are doing the more confident you are going to become for tackling test as well as being much more comfortable & proficient with the principles.
So allow yourself at the very least 3 weeks before d-day to do as many EOC (End of Chapter) questions & QBank (Schweser) as you can to ensure that you understand each of the material & principles.
4. Read & Understand Each Question Carefully
Due to a lack of time & pressure of sitting test, a typical mistake is usually to misunderstand a question & therefore pick the wrong answer.
It will pay out to pay a bit of time reading the issue properly in order to not misinterpret it & when it seems too involved & too time-consuming you can decide to leave it & go onto another that you could tackle & answer quickly.
Time management planning is critical – wasting a lot of time promptly consuming questions can often mean missing easier questions & wasting easy marks
5. There is certainly Just one Correct Answer
Be precise although you may must sacrifice a bit of time to get your calculation right.
Usually do not rush it as you can find yourself using time in addition to losing out on finding a relatively simple question right.
Silly mistakes will surely cost valuable marks.
Finally, it cannot be overemphasised how important it’s to utilize the top study materials in addition to doing mock exams – get the above things right & your odds of passing the amount 1 exam is going to be greatly enhanced.
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