How to crack CFA Level 1 exam ?
The CFA Level 1 Exam marks your entry into the CFA program. It covers areas like Ethics, Quants, FRA, Corporate Finance, Economics, Equity, Fixed Income, Derivatives, Alt. Assets, Portfolio Management and more. The weight age for each area is spread between 5-15%.
The Level 1 exam has two papers – AM and PM
, with MCQs having much lesser risk. There are 120 questions to be completed in 180 minutes. The exam has a nearly 35-40% pass rate
. Since there is no hurdle score, you can maximize your chances of clearing the exam by applying common sense on what you know and on what you don’t.