How to pass the CFA Level 1 exam

Preparing for the first pass of the CFA requires the following recommendations:

According to the official website of the CFA Association, the average time spent by candidates who passed the CFA exams at all levels in 2017 was:

According to the CFA exam survey report, candidates who pass CFA spend an average of 320 hours studying for CFA and passing the CFA exam.

If you have passed CET-6 and have a good grasp of investment and basic accounting knowledge, it can be said that those who have a good foundation will need two months to read notes and do exercises;

If you have passed CET-6, and your knowledge of investment and basic accounting is acceptable, and your foundation is average, it will take you three months to read notes and do exercises;

If you have passed CET-6, but your knowledge of investment and basic accounting is poor, you can be regarded as a person with a weak foundation, and it will take four months to read notes and do exercises;

If you haven't passed CET-6 and don't know much about investment and basic accounting, you can be considered a beginner, then you can prepare for CFA according to the officially recommended time - don't be afraid, this is the perfect time for you to build a financial investment knowledge system;

Of course, there are also well-qualified academic tyrants who surprise and pass the CFA exam two weeks before the exam, but this kind of risky behavior is not recommended for you to copy, take more time to prepare for the exam honestly.

There are three levels of the CFA Chartered Financial Analyst exam, of which CFA Level 1 is the entry level and the lowest level in difficulty, for new candidates, what do you need to pay attention to when preparing for CFA Level 1? What are some study tips?

First, the question of sea tactics.

For CFA level students, in fact, to understand the association's question ideas, want to adapt to the association's language style, and at the same time test whether their mastery of knowledge points is in place, the most direct and easiest way is to envy Naitong is to brush the questions and carry out the tactics of the sea of questions. Because the first-level test questions are generally very routine, the test center is more obvious.

Even, you don't understand some knowledge points very well, but as long as you have done similar questions, you will find that the process of solving is very mechanical, as long as you train enough, you will form a "sense of exam framework".

2. Choose a subject with low difficulty to review.

You must know that there is a certain degree of difficulty in the CFA level 1 and level exams, and in the early preparation for the exam, you can use a variety of resources to improve your learning efficiency, but in the final sprint stage of the provisional exam, it is recommended that candidates still choose some simpler and less difficult subjects to review and review, the main purpose is also to improve the candidates' self-confidence and ensure that they have a better state to meet the exam.

3. Pay attention to the after-class exercises of the original book.

Must do it, and do it first. Although there is no need to read the original book after the first level is not finished, the post-class questions of the original book are official, and it is in the same vein as the association's question ideas and language style.

Fourth, return to the textbook.

According to the exam situation in previous years, the content of the CFA exam questions is almost all the key points of knowledge in each chapter of the textbook, so when you are preparing for the exam, you still have to return to the textbook, whether it is a zero-based or professional candidate, the first thing is to focus on reading and understanding the content in the textbook, and then slowly consolidate the knowledge points and further in-depth learning.

The CFA Chartered Financial Analyst exam is divided into three levels, of which CFA Level 1 is relatively the least difficult, so what is the CFA Level 1 test? What are the learning methods?

What is the content of the CFA Level 1 exam?

The CFA Level 1 exam is divided into two sections, with a total of 10 subjects, and the subjects and proportions are:

The first period of the CFA Level 1 exam (135 minutes in total):

Standards of Ethics and Professional Conduct: 15-20%; Quantitative methods: 8-12%; Economics: 8-12%; Financial Statement Analysis: 13-17%.

Session 2 of the CFA Level 1 exam (135 minutes in total):

Corporate issuers: 8-12%; Fixed income: 10-12%; Alternative investments: 5-8%; Equity investment: 10-12%; Portfolio Management: 5-8%; Derivatives: 5-8%.

Timing of the CFA Level 1 Exam:

There are a total of 180 multiple-choice questions in the CFA Level 1 exam, and the association recommends that candidates devote about 90 seconds to each multiple-choice question, of course, candidates can also adjust the time to answer the questions according to their understanding of the questions and the difficulty of the questions themselves.

CFA Level 1 Exam Study Recommendations.

1. Make a study plan.

It is recommended to make a detailed plan for studying CFA courses for six months, follow the plan every day, strictly complete the learning tasks, and review the knowledge learned in time. Do not fish for three days and dry nets for two days.

2. Learn in a way that suits you.

Choosing the method that suits you to prepare for the CFA exam is the fastest way to achieve your goals. During the learning process, adjust your mindset in time and learn to reduce stress, you can meditate for 5 to 8 minutes before entering the learning state, so that you can calm your mind and relax your body. Research has shown that this approach can create an ideal environment for focused learning.

3. Master knowledge on the basis of understanding the problem.

Repeated practice is one of the effective ways to prepare for the CFA exam. But don't forget that it's also important to understand the problem. Learning on the basis of understanding problems will enable you to grasp knowledge more deeply and create effective prerequisites for the flexible use of knowledge.

The new round of CFA exams will be held in 2022, and among the three levels, CFA Level 1 is the least difficult, so what do you need to pay attention to during the revision process? How should zero-based candidates learn?

1. Keep the test points in mind.

To prepare for the CFA exam, it is important to memorize the knowledge points, read more books, and master the knowledge points comprehensively, which will eventually be reflected in the exam. You can't just read a book; It's just that you can't understand it; If you understand it, you can't remember it; Remember, it is not good to use it slowly when taking the exam, so the knowledge points must be kept in mind.

2. Clarify the learning objectives.

For zero-based candidates, the biggest difficulty is that their basic knowledge is weak, they don't know where to learn when preparing for the exam, and they don't have a clear study plan and goals. Therefore, people who want to be in this situation, in addition to registering for classes, also need to learn from their learning methods from their friends, and slowly understand the basic knowledge points by listening to the knowledge imparted by the teacher, and then formulate a suitable learning plan according to their own situation, and gradually improve their learning level.

3. Pay attention to doing questions.

To do the questions, it is recommended to do the exercises at the end of the textbook, write down the wrong questions, and read the notes, and after each chapter, we have to do the following exercises, because they can help us strengthen our memory. But that's not the point. The focus is on mock questions.

Fourth, about the pre-test sprint.

In the days before the exam, candidates should summarize the key content they have learned, constantly review the knowledge they have learned, and repeat the wrong questions they have done, so as to further consolidate the knowledge points that are easy to forget.

Among the three levels of CFA Chartered Financial Analyst exams, CFA Level 1 is equivalent to a relatively basic introductory exam.

Learning experience for the CFA Level 1 exam.

For first-level students, in fact, to understand the association's question ideas, want to adapt to the association's language style, and at the same time test whether their mastery of knowledge points is in place, the most direct and easiest way is to brush the questions and carry out question sea tactics. Because the first-level test questions are generally very routine, the test center is more obvious.

Even, you don't understand some knowledge points very well, but as long as you have done similar questions, you will find that the process of solving is very mechanical, as long as you train enough, you will form a "sense of examination" with Hualing.

The so-called test sense means that when you read the question, you can immediately see the meaning behind this sentence, such as what the title of this sentence wants to tell us, how to use this data, and which sentence is a confusing item. Forming a "sense of examination" is our ultimate goal, and with it to the examination room, you will definitely be able to clear the customs.

CFA Level 1 Preparation Essentials.

1. The main thing in learning CFA is persistence.

As we all know, learning is a step-by-step process, for office workers who have less time and are busier at work, don't worry about not having enough time to study, as long as you insist on spending 2 or 3 hours a day to learn CFA content, and accumulate a little bit of knowledge every day.

For this kind of candidates who are short of time, it is recommended that you can choose to watch some precursor courses at the beginning, and do some notes questions, so as to have a comprehensive understanding of the CFA level 1 content as much as possible.

2. Use the preparation materials that are suitable for you.

Since each candidate's study situation and study time are different, there will be differences in the selection of preparation materials. The most important thing is to choose the right preparation materials for your use. Regarding this point, for zero-based candidates, it is recommended that you still focus on the official CFA textbooks, and the explanation of knowledge points is in simple terms.

For office workers who do not have enough time to prepare for the exam, it is recommended to use notes to prepare for the exam first, and then after understanding the content of each test center, they can choose other tutoring materials for further study and consolidation.

1.Level 1 doesn't need to read books, just read notes, but if you have time, you can still do the questions on the original book;

2.Generally speaking, read it three times.

The official will come up with a set of mock exam questions, which reflects the examiner's idea of asking questions, and it is highly recommended. In addition to the notes and the book, the priority is at the end, because the routine of the question will be very different...

Others: Level 1 mainly examines professional ethics, economics, and financial analysis, and you have a good foundation in the last two subjects. Economics picks up fast. Watch out for you!

Sit and wait for the landlord to give the o( o

CFA level students mainly read notes, and students with a weak foundation also need to read textbooks, which are more mixed and not as concentrated as notes.

Not everyone is the same when you read notes a few times, because the learning foundation is different, and the most important thing is to look at your learning foundation and check yourself regularly.

It is not very secure to only do notes for practice questions, so it is recommended to do both mock and sample to improve your amount of questions.

I'm going to take the FRM exam.。。。 It feels simpler, and you only need to get the certificate after one year. High efficiency.