Investing in the 300 hours of study prep isn’t a guarantee to passing your CFA Level 1 exam for the first attempt.
The research techniques & the analysis material you utilize may play a significant part inside your failure or success.
Therefore, it’s of vital importance the application of the tried & tested study methods & utilize best study notes to give this tough exam.
5 Key Tips That may help you Pass Your CFA Level 1 Exam
1. Receive 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 amongst the simplest ways of making certain you understand the pad along with along with providing you the confidence that you’ll want to give quality.
2. Be informed about test Format
Having the exact format of the exam will ensure that we now have no surprises & that there’s absolutely no way of panic establishing that may happen in case you are surprised with something unexpected.
So only to recap, the format of the Level 3 mock grading 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
An average of, 1.Five minutes needs to be allocated for each question
3. Revise the pad Three or four weeks Ahead of the Exam
You can’t revise enough – in reality the greater you revise & the greater practice questions & exams one does the greater confident you are going to become for tackling quality let alone being more at ease & proficient together with the principles.
So have no less than 3 weeks before d-day to accomplish as numerous EOC (End of Chapter) questions & QBank (Schweser) as you possibly can to actually are familiar with each of the material & principles.
4. Read & Understand Each Question Carefully
As a result of time limitations & the stress of sitting quality, perhaps the most common mistake is to misunderstand an issue & therefore select the wrong answer.
It’s going to pay out the comission to shell out quite some time reading the question properly in order to not misinterpret it & whether it seems too involved & too time consuming you are able to plan to let it rest & search another you could tackle & answer quickly.
Time management techniques is essential – wasting a lot of time promptly consuming questions could mean missing easier questions & wasting easy marks
5. There’s Merely one Correct Answer
Be precise in case you have to sacrifice quite some time to obtain your calculation right.
Tend not to rush it as being you might find yourself using energy in addition to losing out on receiving a relatively easy question right.
Silly mistakes will definitely cost valuable marks.
Finally, structured be overemphasised how important it is to use the best study materials in addition to doing mock exams – get the two things right & the chances of you passing the extent 1 exam will be greatly enhanced.
For more information about Level 3 mock grading take a look at our new website: click site