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

The study techniques & the research material you use will play an essential part with your success or failure.

Therefore, it is critical which you use the tried & tested study methods & utilize the best study notes to give 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 probably the best ways of making sure you know the pad well as well as providing you the confidence that you’ll need to give quality.

2. Be Familiar With the Exam Format

Learning the exact format of the exam will make sure that we now have keep surprises away & there’s absolutely no way of panic setting in that may happen should you be surprised with something unexpected.

So in order to recap, the format of 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

An average of, 1.Five minutes must be allocated for every question

3. Revise the information 3 or 4 weeks Prior to the Exam

You cannot revise enough – actually the harder you revise & the harder practice questions & exams you are doing the harder confident you’ll become for tackling quality not forgetting being more comfortable & proficient with all the principles.

So allow a minimum of 21 days before d-day to perform as numerous EOC (End of Chapter) questions & QBank (Schweser) as you can to ensure that you have an understanding of all of the material & principles.

4. Read & Understand Each Question Carefully

Due to the a lack of time & pressure to succeed of sitting quality, perhaps the most common mistake is to misunderstand something & therefore choose the wrong answer.

It’ll pay out the comission to spend a little time reading the question properly in order to not misinterpret it & whether it seems too involved & too time intensive you are able to opt to get forced out & internet browser another that one could tackle & answer quickly.

Time management techniques is essential – wasting a lot of time punctually consuming questions can often mean missing easier questions & wasting easy marks

5. There Is Only 1 Correct Answer

Be precise even if you need to sacrifice a little time to get your calculation right.

Tend not to rush it you might find yourself using energy and also losing out on finding a relatively easy question right.

Silly mistakes will surely cost valuable marks.

Finally, it cannot be overemphasised how important it’s to work with the most effective study materials and also doing mock exams – get these two things right & the chances of you passing the amount 1 exam will likely be greatly enhanced.
For more info about CFA go to see the best resource: here