Applying the 300 hours of study prep is not a guarantee to passing your CFA Level 1 exam about the first attempt.

The study techniques & the research material you utilize will play a significant part inside your failure or success.

Hence, it is crucial that you apply the tried & tested study methods & use the best study notes to pass through this tough exam.

5 Key Tips That may 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 among the most effective ways of making sure that you understand the information well as well as supplying you with the confidence that you’ll need to pass through test.

2. Know about test Format

Understanding the exact format in the exam will make sure that you have no surprises & there’s absolutely no way of panic establishing which can happen in case you are surprised with something unexpected.

So only to recap, the format in the CFA can 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 must be allocated per question

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

You cannot revise enough – in reality the harder you revise & the harder practice questions & exams you do the harder confident you’ll become for tackling test let alone being convenient & proficient together with the principles.

So have a minimum of 25 days before d-day to perform as numerous EOC (End of Chapter) questions & QBank (Schweser) as possible to ensure that you understand every one of the material & principles.

4. Read & Understand Each Question Carefully

Due to the time limitations & the stress of sitting test, perhaps the most common mistake is to misunderstand a matter & therefore opt for the wrong answer.

It’ll pay you to spend a little extra time reading the issue properly in order to not misinterpret it & if it seems too involved & too time-consuming you are able to choose to let it rest & go onto another that one could tackle & answer quickly.

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

5. There exists Just one Correct Answer

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

Usually do not rush it you can wind up using time in addition to passing up on getting a easy question right.

Silly mistakes will set you back valuable marks.

Finally, it can’t be overemphasised how important it really is to use the top study materials in addition to doing mock exams – get the above things right & the likelihood of passing the level 1 exam will be greatly enhanced.
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