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 & case study material you use will play a significant part with your failure or success.
Hence, it is of vital importance which you use the tried & tested study methods & make use of the best study notes to pass through this tough exam.
5 Key Tips That Will Help You Pass Your CFA Level 1 Exam
1. Acquire 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 one of the most effective ways of ensuring that you already know the information along with along with supplying you with the boldness that you will need to pass through the test.
2. Know about quality Format
Learning the exact format from the exam will make sure that you have no surprises & that there are no chance of panic establishing which may happen should you be surprised with something unexpected.
So in order to recap, the format from the CFA mocks exams will be 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 moments should be allocated for each question
3. Revise the Material Three to four weeks Prior to Exam
You can’t revise enough – the truth is greater you revise & greater practice questions & exams you need to do greater confident you’ll become for tackling the test not forgetting being more at ease & proficient with the principles.
So have at the very least 30 days before d-day to accomplish as many EOC (End of Chapter) questions & QBank (Schweser) as possible to make sure you have an understanding of all the material & principles.
4. Read & Understand Each Question Carefully
Due to the a lack of time & the stress of sitting the test, a common mistake is to misunderstand an issue & therefore opt for the wrong answer.
It is going to pay you to shell out a bit of time reading the issue properly so we don’t misinterpret it & if it seems too involved & too time-consuming it is possible to plan to let it rest & search another you could tackle & answer quickly.
Personal time management is critical – wasting a long time by the due date consuming questions can often mean missing easier questions & wasting easy marks
5. There’s Merely one Correct Answer
Be precise even though you ought to sacrifice a bit of time to obtain your calculation right.
Usually do not rush it as you may turn out using valuable time in addition to losing out on receiving a relatively simple question right.
Silly mistakes will definitely cost valuable marks.
Finally, it wouldn’t be overemphasised how important it’s to use the top study materials in addition to doing mock exams – get the two things right & your odds of passing the particular level 1 exam will likely be greatly enhanced.
For more details about CFA mocks exams go our web portal: check