Tag: Level 3 mock grading

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

The study techniques & case study material you utilize can play a significant part within your failure or success.

Hence, it is crucial that you apply the tried & tested study methods & use 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

Obtaining 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 certain you know the material well as well as providing you the confidence that you will need to give the exam.

2. Know about test Format

Learning the exact format with the exam will make sure there are stay away from surprises & that there’s absolutely no way of panic establishing which could happen in case you are surprised with something unexpected.

So in order to recap, the format with the CFA level III 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

An average of, 1.Five minutes should be allocated for each question

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

You cannot revise enough – in fact the harder you revise & the harder practice questions & exams you are doing the harder confident you’ll become for tackling the exam not forgetting being convenient & proficient with the principles.

So have a minimum of 25 days before d-day to do as numerous EOC (End of Chapter) questions & QBank (Schweser) as you can to actually understand all the material & principles.

4. Read & Understand Each Question Carefully

As a result of time constraints & pressure to succeed of sitting the exam, a typical mistake would be to misunderstand a question & therefore choose the wrong answer.

It’ll pay you to spend a little time reading the question properly in order to not misinterpret it & if it seems too involved & too time-consuming you are able to plan to get forced out & search another that one could tackle & answer quickly.

Time management planning is very important – wasting a long time by the due date consuming questions can often mean missing easier questions & wasting easy marks

5. There Is Only One Correct Answer

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

Don’t rush it you could turn out using time in addition to missing out on getting a not too difficult question right.

Silly mistakes will set you back valuable marks.

Finally, it cannot be overemphasised how important it is to make use of the most effective study materials in addition to doing mock exams – get the above things right & the likelihood of passing the level 1 exam is going to be greatly enhanced.
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Applying the 300 hours of study prep is very little guarantee to passing your CFA Level 1 exam on the first attempt.

The research techniques & the research material you employ can play a significant part within your success or failure.

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

5 Key Tips That will help 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 probably the simplest ways of making sure that you understand the material along with along with providing you the confidence that you’ll want to pass through the exam.

2. Be Familiar With the Exam Format

Having the exact format in the exam will make sure that there are keep surprises away & that there is absolutely no way of panic establishing that may happen in case you are surprised with something unexpected.

So simply to recap, the format in the CFA mocks exams 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, 1.5 minutes must be allocated for each question

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

You are unable to revise enough – in reality greater you revise & greater practice questions & exams you do greater confident you will become for tackling the exam let alone being more at ease & proficient using the principles.

So allow at least 3 weeks before d-day to complete numerous EOC (End of Chapter) questions & QBank (Schweser) as you possibly can to successfully have an understanding of all the material & principles.

4. Read & Understand Each Question Carefully

Due to the time constraints & the pressure of sitting the exam, perhaps the most common mistake is always to misunderstand a question & therefore choose the wrong answer.

It’ll purchase from you to spend a little 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 get forced out & look at another that you could tackle & answer quickly.

Time management is essential – wasting a lot of time promptly consuming questions could mean missing easier questions & wasting easy marks

5. There Is Just one Correct Answer

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

Tend not to rush it as being you could find yourself using valuable time as well as losing out on receiving a relatively simple question right.

Silly mistakes will definitely cost valuable marks.

Finally, it wouldn’t be overemphasised how important it really is to make use of the top study materials as well as doing mock exams – get those two things right & your odds of passing the amount 1 exam will likely be greatly enhanced.
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