Search engine for touristic excursions to any place in the world Applying the 300 hours of study prep is not an guarantee to passing your CFA Level 1 exam about the first attempt.
The study techniques & the research material you have may play a crucial part in your failure or success.
Therefore, it’s critical which you use the tried & tested study methods & utilize best study notes to feed 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
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 you understand the fabric along with along with providing you with the confidence that you’ll need to feed the exam.
2. Be Familiar With the Exam Format
Understanding the exact format in the exam will ensure that there are no surprises & that there is no chance of panic establishing which could happen should you be surprised with something unexpected.
So simply 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, 1.5 minutes should be allocated for every question
3. Revise the fabric Three to four weeks Ahead of the Exam
You can’t revise enough – in reality the more you revise & the more practice questions & exams you do the more confident you will become for tackling the exam as well as being much more comfortable & proficient together with the principles.
So allow yourself at least 21 days before d-day to perform as numerous EOC (End of Chapter) questions & QBank (Schweser) as you possibly can to make sure you understand each of the material & principles.
4. Read & Understand Each Question Carefully
As a result of a lack of time & the stress of sitting the exam, a common mistake is to misunderstand a question & therefore choose the wrong answer.
It’ll pay out the comission to spend a little time reading the question properly so we don’t misinterpret it & whether it seems too involved & too time-consuming it is possible to opt to get forced out & look at another that one could tackle & answer quickly.
Time management is very important – wasting a long time by the due date consuming questions can often mean missing easier questions & wasting easy marks
5. There is certainly Only 1 Correct Answer
Be precise in case you need to sacrifice a little time to obtain your calculation right.
Tend not to rush becoming you may wind up using time and also missing out on finding a relatively easy question right.
Silly mistakes will definitely cost valuable marks.
Finally, structured be overemphasised how important it really is to make use of the very best study materials and also doing mock exams – get these two things right & the chances of you passing the extent 1 exam will probably be greatly enhanced.
More details about Level 3 mock grading see this useful web page: check it out