Investing in the 300 hours of study prep is not an guarantee to passing your CFA Level 1 exam around the first attempt.

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

Therefore, it’s of vital importance that you employ the tried & tested study methods & utilize best study notes to pass through this tough exam.

5 Key Tips That Will 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 amongst the simplest ways of making sure that you already know the pad along with along with giving you the boldness that you’ll want to pass through test.

2. Be Familiar With the test Format

Learning the exact format in the exam will ensure there are keep surprises away & that there’s no chance of panic establishing which can happen if you are surprised with something unexpected.

So only to recap, the format in 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

Typically, 1.Five minutes should be allocated for every question

3. Revise the information Three to four weeks Before the Exam

You can’t revise enough – actually the greater you revise & the greater practice questions & exams you need to do the greater confident you may become for tackling test as well as being more at ease & proficient together with the principles.

So give yourself no less than 3 weeks before d-day to accomplish as much EOC (End of Chapter) questions & QBank (Schweser) as possible to successfully have an understanding of each of the material & principles.

4. Read & Understand Each Question Carefully

Because of the time restraints & the stress of sitting test, a standard mistake is to misunderstand a matter & therefore select the wrong answer.

It’ll purchase from you to shell out a little time reading the issue properly so we don’t misinterpret it & if it seems too involved & too time-consuming it is possible to opt to let it rest & look at another you could tackle & answer quickly.

Time management is critical – wasting too much time by the due date consuming questions can often mean missing easier questions & wasting easy marks

5. There Is Merely one Correct Answer

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

Do not rush it you might wind up using time and energy along with losing out on finding a relatively simple question right.

Silly mistakes will set you back valuable marks.

Finally, structured be overemphasised how important it can be to utilize the most effective study materials along with doing mock exams – get those two things right & your odds of passing the amount 1 exam is going to be greatly enhanced.
For additional information about Level 3 mock grading go to our web portal: here