You have around one in three chances of completing the CFA Level 1 exam on the first try. If you're not a fluent English speaker or take a test outside of the USA or Western Europe, this figure is much lower. Here are seven quick steps to take to give you the extra boost on the test day. 1) Pace yourself. Control yourself. Research and don't get rushed at your own speed. One of the great limitations of CFA training is that you have to proceed to the group's speed, and this can be too quick or too slow for you. It is also easier to use reference materials and online learning and research at your own pace, free of distractions. 2) Using free tools available. Many free test questions, history guides and other tools are available to help you study. Many online courses providers (e.g. Vast Talent and KESDEE) can give you a free demo to trial their goods before you purchase. 3) Take tests for practice. The only way to get acquainted with the exam (and with the pressure of the
Now that you pass the CFA Level I test; it is time to begin the Level II examination. The Level II test is found more challenging than the Level I examination. Just 39 percent of students passed the Level II test, according to the CFA Institute. Therefore, you must prepare your studies well. Below is an overview of how you should prepare for the test. 1. Get started early: you have to prepare thoroughly in the test. So, having an early start is a smart idea. Provided that you should put your studies in at least 250 hours, it is a smart decision to start six months early. In comparison to the level I test in June and December, the level II test is only performed in June. It's a smart idea to launch your training in January or February. 2. Get familiar with research material: you will receive the official CFAI curriculum books split into 18 sessions after you register for the test. See the 18 sessions briefly to determine the comprehension of the subjects. 3. Prepare a curriculum: yo