Enrolled for CFA Level 1 exam? Excited about preparing for the same? We know that the main difficulty while preparing for CFA Level 1 Exam is not knowing what to do. Keeping this in mind we share some tips with you that can help first time candidates to get an idea of how to prepare for the exam.
1. Create a study plan and follow it:
It is sure not as easy at it sounds, but is extremely necessary with CFA level 1 exam not even 2 months away. Make a plan that you will be able to follow easily. Don’t pressurize yourself with a tight schedule otherwise you will lose heart to follow the same. Try to learn smart than hard. R3M3MB3R IT’s Memory Efficient Learning System App make use of graphical presentations to help you learn faster and in an efficient way so that you don’t forget what you have visually experienced.
2. Time Management is a must:
The major problem that students preparing for CFA Level 1 exam face is time management. With exams being held on December 3, 2016 the time left for preparation may seem much but you won’t realise how time flies by. With syllabus of more than 3,000 pages to memorise and practise it doesn’t sound like much time remains though.
3. Don’t take the exam for granted
By now you might have covered most of the syllabus but that should not mean you can relax and take it easy now. Even if you have gone through the entire syllabus keep testing yourself with practise questions so that you are sure that you won’t forget what you have learned.
R3M3MB3R IT claims that with all visual lessons you have less chances to forget what you have learned. We also provide a number of practise questions for you to keep testing your skills after each lesson. You should set your benchmark to minimum of 70% correct answers.
4. You can keep “Ethics” for the last.
Ethics is very boring lesson to read and you might want to keep it for the last. Once you are done with rest of the syllabus you can always come back to Ethics. This lesson is boring enough to make you fall behind the schedule so it is advisable to start preparing for this lesson once you are know you can’t afford to fall behind the schedule.
With our Memory efficient Learning System App we have tried to explain this otherwise boring lesson visually which you might find interesting to watch and learn. Try this lesson with R3M3MB3R IT’s MELS App and it is sure to settle in your long term memory.
5. It is not necessary to know each subject perfectly.
Your main focus should be on most important topics. Neither will can nor you are expected to cram 100% of the syllabus but you should be thorough with the main lessons. So don’t waste time cramming entire syllabus but be focused and only do what is necessary to clear the exam.
6. Study partners can help
Having somebody to discuss what you have learned and if you are facing trouble with some part of the syllabus is always beneficial. However, don’t study in a group all the time as it might not be very productive. Explain each other the lessons you are facing trouble in, this can make you retain the lesson better.
These tips might not be able to explain you the lessons better but will surely help you figure out how to start working on it. Now buckle up for the coming months and start preparing for CFA Level 1 Exam with all your wit and will. Good Luck!