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CFA Exam: Tips and Tricks to crack.

Updated on 26 October 2020
Professional Courses
6 min read 2 views
Updated on 26 October 2020

CFA stands for Chartered Financial Analyst. It is one of the most recognized qualifications in the world of finance. This course is a postgraduate professional qualification which is globally recognized. Here, we will discuss the complete details regarding CFA Exam

The entire CFA course is divided into 3 levels, which you need to pass subsequently and then have relevant 4-year experience in the field of finance.

If you are someone who has a great interest in finance specifically in Financial Markets, then this course is perfect for you. A CFA course uplifts your career in the various finance fields. It is one of the prestigious courses not only in India but also abroad.

It covers all the contents required for the investment industry like equity, fixed income, derivatives, private equity and real estate.

CFA is not an easy course, it needs a lot of dedication to clear this course. If you are very determined to become a CFA by hook or by crook then this is a perfect course for you, but you also need a great strategy and plan.

Let's look at a few of the CFA Exam tips and tricks which will be helpful to crack this course:

  1. Always have all the study material like books, audio notes, videos ready.

 Before buying any books, research about it and then buy. There are various books that are available in the market as well as online so it is preferable to research or ask your friends who have given the exam and then buy the study material.

2. Prepare a schedule for the CFA Exam that is comfortable.

Planning is very important for this course, plan your timings and schedule accordingly and stick to it.

3. Do not skip even a day and stick to your plan.

Skipping a day without studying might have a negative effect and cause an interruption in your schedule as well as skipping schedule might become a habit.

4. Take breaks while studying. 

Taking breaks while studying can improve your study habits because studying for a longer time might make you feel demotivated, but avoid taking a whole day breaks as less as possible.

5. Practice mock papers.

Practice! Practice! Practice, that's all I can say. Practicing on a daily basis is the most effective effective CFA exam tips and tricks. Practice mock paper as much as possible, it makes you more confident for attempting your papers.

6. Time Management

Time management is very important while preparing for CFA. Give your time to each and every subject and follow your schedule that you have prepared. Time yourself while giving the mock test as it will be helpful while giving your actual exam.

This was all about how to crack CFA Exam in first attempt. These are some of the tips that are very important, which you should keep in your mind and try to implement it. CFA is not an easy course but if you practice and study regularly it will be quite easy. Good Luck!

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