The CFA exam is quite tough, especially if you go into it unprepared. While studying is fine and well, it may not be enough sometimes. You need to be as ready as possible.
That is why having a CFA question bank can be one of the best tools that you have. If you are thinking about taking your CFA exam, here are a few helpful tips to get you across the finish line.
Narrow Your Focus
Part of the beauty of the CFA question bank is that it helps you to narrow your focus. While it might be nice to thoroughly know every topic on the exam, that is probably just wasting your valuable time and adding to your stress.
Instead, check out the latest topic weights. Focusing on things such as ethical and professional standards may be better than areas with fewer questions such as derivatives, portfolio management, and wealth planning.
Use Time Wisely
Another key to passing the CFA exam is to make the best use of your time. A CFA question bank is a fantastic way to ensure that your time is being used properly and that you aren’t spending too much time on infrequently asked topics.
The CFA Institute recommends roughly 285 hours of study but that all depends on what you are doing. You can make the most of your time and prepare for the Level 1 exam in a lot less time if you remain focused on the task.
