Investing in the 300 hours of study prep isn’t a guarantee to passing your CFA Level 1 exam for the first attempt.

Case study techniques & case study material you employ can play an important part inside your failure or success.

Therefore, it is crucial the application of the tried & tested study methods & utilize the best study notes to feed 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

Getting the best study materials, including books, study guides, prep books & videos, will stand you in good stead.

Doing past papers is amongst the easiest ways of ensuring that you understand the information along with along with giving you the boldness that you’ll need to feed test.

2. Be aware of test Format

Knowing the exact format in the exam will make sure there are stay away from surprises & that there are no chance of panic setting in which may happen if you are surprised with something unexpected.

So just 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

An average of, 1.A few minutes needs to be allocated per question

3. Revise the information 3 to 4 weeks Ahead of the Exam

You can not revise enough – in fact the more you revise & the more practice questions & exams you do the more confident you may become for tackling test as well as being convenient & proficient with all the principles.

So allow yourself no less than 21 days before d-day to perform as much EOC (End of Chapter) questions & QBank (Schweser) as is possible to actually understand all of the material & principles.

4. Read & Understand Each Question Carefully

As a result of time limitations & pressure to succeed of sitting test, a standard mistake is usually to misunderstand a matter & therefore choose the wrong answer.

It’s going to purchase from you to spend quite some time reading the issue properly in order to not misinterpret it & if it seems too involved & too frustrating you are able to plan to let it rest & search another that you could tackle & answer quickly.

Time management is essential – wasting too much time promptly consuming questions could mean missing easier questions & wasting easy marks

5. There exists Only 1 Correct Answer

Be precise although you may ought to sacrifice quite some time to obtain your calculation right.

Usually do not rush it as being you could end up using valuable time as well as missing out on receiving a easy question right.

Silly mistakes will surely cost valuable marks.

Finally, it wouldn’t be overemphasised how important it really is to work with the very best study materials as well as doing mock exams – get those two things right & the likelihood of passing the amount 1 exam is going to be greatly enhanced.
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