The CFA Level 1 Exam is the first of three exams that must be passed in order to earn the Chartered Financial Analyst credential. Passing the exam will necessitate a significant time commitment as well as a focused study effort. Continue reading to learn more about how to prepare for and pass the exam.

 

 

 

The CFA Institute offers an online version of its CFA Program, which focuses on portfolio management and advanced investment analytical abilities. You can work your way through the online program at your own pace, but you'll likely need at least 300 hours of study time and six months to prepare for the Level 1 exam this way.

 

A Candidate Body of Knowledge and curriculum content will be part of your CFA study program. You'll also receive study session outlines to assist you in organizing your studies. Required readings, learning outcome statements (which define the particular facts you should be able to recall and interpret from each lesson), and practice problem sets will all be part of each study session.

 

 

You will receive an eBook of the course materials if you enroll in the CFA Program, which you can download to a variety of devices and study from anywhere. You may also use your android or apple device to download study apps. An online study planner and practice exams are also included in the package.

 

 

You can find business schools that provide courses, review programs, and bootcamps to assist you in studying for the exam. Enrolling in an undergraduate program that provides these alternatives may assist you in passing the exam shortly after graduation. Preparation classes are also available from a variety of companies.

 

 

Passing the CFA Level 1 test can be accomplished with the help of an informal, small study group. You'll get the opportunity to engage with group members who have worked in a variety of financial disciplines, which could be beneficial if you're lacking in some of the areas that will be assessed on the exam. A local CFA organization may be able to assist you in finding a study group, either in person or online.

 

 

It's vital to know what you'll be examined on during the exam if you want to do well on it. This information is available online, or if you are enrolled in the CFA Program, you will receive a list of exam topics, as well as the percentage of each topic that will be tested on the exam.