Search engine for touristic excursions to any place in the world Setting up the 300 hours of study prep is not an guarantee to passing your CFA Level 1 exam for the first attempt.
The research techniques & the research material you have can play a crucial part inside your success or failure.
Therefore, it is critical which you use the tried & tested study methods & utilize the 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 amongst the most effective ways of making certain you understand the information well as well as giving you the arrogance that you will want to feed the exam.
2. Be Familiar With test Format
Knowing the exact format with the exam will make sure that we now have keep surprises away & that there is absolutely no way of panic establishing which could happen in case you are surprised with something unexpected.
So simply to recap, the format with the CFA level III 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, 1.5 minutes needs to be allocated for each and every question
3. Revise the information Three or four weeks Before the Exam
You cannot revise enough – in fact the greater you revise & the greater practice questions & exams you do the greater confident you will become for tackling the exam not to mention being convenient & proficient using the principles.
So have at least 21 days before d-day to complete numerous EOC (End of Chapter) questions & QBank (Schweser) as you can to make sure you are familiar with all of the material & principles.
4. Read & Understand Each Question Carefully
Due to a lack of time & the stress of sitting the exam, a common mistake is to misunderstand a question & therefore choose the wrong answer.
It will pay out the comission to pay a little extra time reading the question properly so we don’t misinterpret it & whether or not this seems too involved & too time intensive it is possible to choose to leave it & search another that you can tackle & answer quickly.
Time management planning is vital – wasting a long time by the due date consuming questions can often mean missing easier questions & wasting easy marks
5. There Is Only 1 Correct Answer
Be precise although you may ought to sacrifice a little extra time to get your calculation right.
Don’t rush it as you could wind up using time and energy and also missing receiving a easy question right.
Silly mistakes will set you back valuable marks.
Finally, structured be overemphasised how important it is to utilize the most effective study materials and also doing mock exams – get those two things right & your chances of passing the amount 1 exam is going to be greatly enhanced.
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