Setting up 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 utilize will have an important part inside your failure or success.

Hence, it is of vital importance the application of the tried & tested study methods & use the best study notes to feed this tough exam.

5 Key Tips That will assist you Pass Your CFA Level 1 Exam

1. Get the Best Study Material, Practice Questions & Past Exams

Having 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 sure you already know the information well as well as giving you the arrogance that you’ll need to feed the exam.

2. Be informed about the test Format

Knowing the exact format of the exam will assure that we now have keep surprises away & that there’s absolutely no way of panic establishing which can happen if you are surprised with something unexpected.

So just to recap, the format of the CFA 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, 1.5 minutes must be allocated per question

3. Revise the information 3 to 4 weeks Before the Exam

You can’t revise enough – in fact the more you revise & the more practice questions & exams one does the more confident you are going to become for tackling the exam not to mention being convenient & proficient using the principles.

So allow yourself a minimum of 21 days before d-day to accomplish as many EOC (End of Chapter) questions & QBank (Schweser) as you possibly can to make sure you understand all the material & principles.

4. Read & Understand Each Question Carefully

As a result of a lack of time & the pressure of sitting the exam, a standard mistake is to misunderstand a matter & therefore select the wrong answer.

It is going to pay out to invest a little extra time reading the issue properly in order to not misinterpret it & if it seems too involved & too time-consuming it is possible to opt to get forced out & internet browser another that you could tackle & answer quickly.

Time management planning is vital – wasting a lot of time by the due date consuming questions could mean missing easier questions & wasting easy marks

5. There Is Merely one Correct Answer

Be precise even though you need to sacrifice a little extra time to obtain your calculation right.

Usually do not rush it as you may turn out using valuable time and also losing out on obtaining a relatively easy question right.

Silly mistakes will surely cost valuable marks.

Finally, it wouldn’t be overemphasised how important it is to make use of the most effective study materials and also doing mock exams – get those two things right & your odds of passing the amount 1 exam is going to be greatly enhanced.
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Setting up 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 analysis material you use will play an important part with your failure or success.

Therefore, it is crucial that you employ the tried & tested study methods & make use of the best study notes to pass this tough exam.

5 Key Tips That may help you Pass Your CFA Level 1 Exam

1. Get the Best Study Material, Practice Questions & Past Exams

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

Doing past papers is among the simplest ways of making certain you realize the material along with along with giving you the arrogance that you will need to pass test.

2. Know about quality Format

Knowing the exact format of the exam will make sure that we now have stay away from surprises & that there are no chance of panic establishing which can happen should you be surprised with something unexpected.

So in order to recap, the format of the CFA 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

On average, 1.5 minutes ought to be allocated for every question

3. Revise the fabric Three or four weeks Prior to 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 test as well as being much more comfortable & proficient using the principles.

So have at the very least 21 days before d-day to complete as much EOC (End of Chapter) questions & QBank (Schweser) as you can to actually understand all of the material & principles.

4. Read & Understand Each Question Carefully

As a result of a lack of time & pressure to succeed of sitting test, a standard mistake is to misunderstand an issue & therefore opt for the wrong answer.

It’s going to purchase from you to invest a little extra time reading the issue properly in order to not misinterpret it & whether or not this seems too involved & too frustrating you can plan to get forced out & search another that you could tackle & answer quickly.

Personal time management is essential – wasting too much time by the due date consuming questions could mean missing easier questions & wasting easy marks

5. There is certainly Only One Correct Answer

Be precise in case you need to sacrifice a little extra time to really get your calculation right.

Do not rush becoming you may turn out using time and energy and also passing up on getting a relatively simple question right.

Silly mistakes will definitely cost valuable marks.

Finally, it cannot be overemphasised how important it really is to make use of the top study materials and also doing mock exams – get the two things right & the chances of you passing the level 1 exam will be greatly enhanced.
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