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10 tips for taking the CFA Level 1 exam

by Terry Jhon
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CFA (Chartered Financial Analyst) is one of the most respected designations in the finance. To enrol in this program, you must hold a bachelor’s degree, and must have a four years of financial carrier/investment experience.There are three levels of exams to pass such as accounting, economics, ethics, money management, and security analysis.A financial analyst’s competence and integrity is measured by the CFA institute. There are three level of exams offered by CFA institute.

So, if you intend to appear the CFA exam level 1 you must meet the requirements mentioned above. Signing up for CFA exam is really exciting, it’s also scary to the candidates.

TO achieve the success, you must follow some tips given bellow.

  1. A good study plan

Success is correlated with your devotion to the study. This exam is very stressful for the candidates because the pass rate is not that high. So,if you sit for CFA level 1 exam you are advised to study enormously. You must collect the unique notes that will be the good sources of your problems.On this point you can follow the concise and effective curriculum guide from Analyst prep.You have to do between 300 and 400 hours of studying. A study planner is offered by analyst prep that can help you to improve. you must work on the additional problems with a reputed preparation providers. Such as, Analyst prep.

 

  1. Have a good plan to manage your time

It’s very important for a student. Because good use of time brings good result. Each time has to be used carefully. It’s difficult to manage but still to pass the exam you must give priority to this option. You have to prevent yourself from neglecting study time. Each time is precious in this exam. Because six month is huge for a student and any student can go astray easily. So make a sound schedule for you study.

 

  1. Find a good method studying

You have to find your own way basing on yourplan to study. Practice and revisiontechnique is an inevitable part of study. Some body likes to go to the library, some body studies at home. You have to find out what you like. You can take lessonsfrom online based tutorial analystprep.com. You can have benefit by building short meditation practice.it will help you to be heedful to your study.

 

  1. Give importance to the exam

You might feel that you have already covered most of the subjects on the curriculum but it will make you regret. This exam is not going to be easy. It’s a common mistake but avoid it. Even if you have already covered the subjects you might forget the detail. So, you have to get yourself attached with your study. Just don’t think, oh I read it or I already know it or its easy. Don’t underestimate the exam. Just read, read and read.

 

  1. Practice helps to achieve the goal

It’s very essential that you must be able to respond to the questions to pass the exam. So, you have to be practicing attentively. You can’t waste your time.

 

  1. Stay motivated

You must perceive your intention to sit for CFA exam and  The values of earning your CFA charter. You have to know about your ability and enthusiasm.Do you have enough patience to be on the table sticking yourself with the books or notes? All your effort will go in vain if you don’t even feel the importance of this designation.

 

  1. Use the calculator that is approved

The ability to answer the question in a short period of time in CFA exams is a big challenge.So, practice with the approved calculator you are going to use on the exam day. It will allow you achieve efficiency.

 

  1. Maintain a healthy lifestyle

There is no doubt that it’s one of the toughest exams for the candidates. But still you have to manage some time to keep you healthy and sound.  you must eat healthy food and be disciplined, have a sound sleep and stay away from the intoxicative stuffs. Work out every day. Remember a sound health allows a person to concentrate and reduce the stress level before the exam.

 

  1. Review your progress

This is very important part for a candidate. It won’t be good if you take this study process lightly. You must finish covering all materials. To assess your preparations and weaknesses practice online preparation exams and try to replicate actual testing environment. It will make you more efficient during the exams. This review has to be done at least one month before the exam.

 

  1. The day before the exam

Just relax and don’t worry or even talk to any person about your exam. Feel confident and keep all your stuffs ready so you don’t have to look for any on the day of exam. Drive somewhere you like. Listen music. This practice will only keep you away from stress what might hurt your confidence and performance.

So if you are planning to register CFA program you must organize your material. As a candidate of CFA you better make your plan sticking with Analyst prep and achieve your goal using the materials.Our study notes and guides are designed to teach you the curriculum. We have a comprehensive question bank and mock exams what include high quality content. It helps to replicate the difficulty of actual exam. Where upon practicing this, you will feel more easy in the exam hall.

Therefore, stick with AnalystPrep to pass the exam. Just visit www.analystprep.com to learn more about your CFA exam plan in order to succeed and you can register for free.

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