CFA Level 1 Practice Exam | CFA Institute Level Difficulty

HEY ASPIRANT! This blog talks about CFA practice exams

WHAT'S CFA LEVEL 1 MOCK TEST?

A BRIEF INTRODUCTION

Is it a simulated test paper? Yes! Mock test papers are simply practice or a question bank solely designed according to the o?cial exam pattern.

Updates to the tests are always done in accordance with the exam syllabus and pattern. The purpose of these tests is to discover your potential, readiness and knowledge for the exam. The real identi?cation of your strengths and weaknesses is actually analyzed by going through the mock test.

It has the ability to provide you with immediate feedback, which helps in a targeted revision.

Mock test series has a frequency of being conducted weekly, bi-weekly or depending on the series.

HOW TO ATTEMPT ONLINE MOCK TEST FOR CFA LEVEL 1

1. When you take your CFA level 1 exam online; on the online portal, you must use a computer as you would be using one during the exam
2. A watch should be handy for tracking time.
3. It's advisable to write mock test answer sheets on di?erent sheets.

WHO IS THE BEST MOCK TEST PROVIDER

We at CFA test series provide you with the best mock test / practice series along with evaluation from the senior most faculties of CFA. Providing you with great results is our motto!

Be rest assured when we give guidance to you based on your mock test because:

1. We provide you with the solution sheet
2. Talk about weaker areas
3. Discuss mistakes with practice
4. Talk about the improvement scope
5. Your schedule adjustments
6. Mentorship is provided

How to contact us? Attempt the practice exam and we will provide you with the guidance, answers, solution sheet etc or visit our site and contact us.

HOW MANY MOCK TESTS SHOULD A STUDENT ATTEMPT BEFORE THE EXAMS

1) Always remember that practice is key, and start the revision schedule early to test your knowledge and mastery.

2) Candidates of CFA LEVEL 1 should be attempting a minimum of 5 sets of the Mock exam.

3) The highest you can give is 8-10 mock tests, but as you may do much more, it really depends on your schedule.

4) CFA mock exams are tougher than real-life CFA exams.

WHAT IS A GOOD SCORE FOR CFA LEVEL 1 MOCK TEST?

1. 1. A candidate should have 65% Above.
   2. If you are scoring below 65%, don't be upset because you have the time to assess weaker areas.
   3. Make your weaker areas your strength so that you excel in the exam.
   4. Assess your performance throughout the mock test, know where you are lagging, determine improvement levels that should increase, and adjust your study time schedule accordingly.
   5. One needs to pay attention not just to weak areas but to all areas, even the strong ones so that the goal is fully achieved.

CFA LEVEL 1 EXAM: STRUCTURE

1. CFA level 1 is divided into 2 slots/sessions.
2. Each slot or session is 2 hours and 15 minutes long, which makes 4 hours and 30 minutes in total.
3. Number of questions in 1 slot is 90 so , in two slots it gets to a total of 180 questions.
4. It is in MCQ format.
5. Solely Computer based/ online.

KEY THINGS FOR CHOOSING THE BEST PRACTICE

Either self-study with a tight schedule or Enrollment to a Good institute like CFA TEST SERIES which can provide you with good sets of practice exams for CFA LEVEL 1.

1. Be assured as it's result-oriented
2. You give the mock exam, and the rest leave it to us.
3. We'll provide you with the mock test answer -solutions, key areas to work on, answer exam-oriented queries, and adjust your schedule based on your mock result.

We at CFA test series have the senior most CFA faculty who will be checking the exam. So , success is guaranteed.

COMMON MISTAKES TO AVOID WHILE ATTEMPTING THE CFA LEVEL 1 MOCK TEST

1. Avoid spending too much time being stuck on a single question. Being stuck means wasting your time and not completing your exam. You may do better on the next question, so why panic? Do the next and then come back to it.
2. Learn how to manage time at the exam level.
3. Practice di?erent strategies of time management during the mock tests only. Developing these skills will make you e?ciently smooth during the exam day
4. Be well versed in the syllabus even during the mock test; otherwise, what's the use of it? Mock tests literally resemble the main exam, and you are already imitating what will happen on the exam day, so be a master of your syllabus.
5. Not being up to date with the new agendas, news, or any notice is the biggest mistake you can avoid
6. Not taking tips from seniors, peers, experienced candidates and other signi?cant others who play important roles in your CFA exam journey. They can tell you what you don't know
7. Not sleeping enough. Sleeping helps retain memory, but sleeping less or too much may not help you keep extra memory.
8. Not taking enough breaks which may make you blue.
9. Missing out on questions you don't know is a mistake. Just make a guess and try it out. All questions should be answered.

HOW TO EFFECTIVELY USE THE CFA PRACTICE EXAM

A mock exam is a simulation of the real exam. We know that you may or may not get serious about the mock exam but you really need to be serious about this as this simulation will make you achieve on the D- Day.

Make the most of the mock exams

1. Make your weaker areas your strength. Improvement will lead to Excellence.
2. Track time for completion.
3. Grade the exam and check where you are lagging.
4. Make adjustments according to your schedule, just as per your mock test results.
5. The mock exam can help you, sir, for long hours just as you would in the real exam.
6. Increased focus. Who doesn't want it? Keep attempting mock tests for this.
7. Don't do an open book or refer notes while attempting a mock test might give you unsure results on your exam day.