â€œDonâ€™t leave out any topicâ€
It may seem insignificant or too hard but donâ€™t leave it out. You have to give it a try and then keep trying till you succeed. You can get a clear comparison of each topic and the CFA levels here
â€œPrepare according to the weights given on each topicâ€
Donâ€™t put all your attention and focus on one topic. The exam pattern clearly states the weightage on each topic, so utilise that to maximise your marks. Itâ€™s the only way you can ace the exams with so many topics to study. Know the weights on each of the topics of the CFA LEVEL 1 syllabus here
â€œTake out an hour at least each day, donâ€™t compromise it with tomorrowâ€
The day might have been a hectic one to complete work and chores and what not but you have to take out an hour. Even if itâ€™s the end of the day just before you sleep open the book for an hour(thereâ€™s no better sleeping pill than a book), that way you will grasp some knowledge, a line maybe, a formula , just something . That one hour everyday can do wonders.
â€œDonâ€™t use out-dated study material even if you get it for freeâ€
Out dated material is a no no. Itâ€™s against the law of CFA exam takers. You put your examination at a risk that you will never be able to cover up. Itâ€™s a suicide. CFA material can be expensive but spend a few extra bucks now so that you donâ€™t have to respend it for many more attempts that you wouldnâ€™t clear if you abided by not spending money on study material. You can download free CFA LEVEL 1 and CFA LEVEL 2 materials here.
â€œUnderstand whatever you are studying rather than trying to cram itâ€
When you just cram everything or try memorising everything you tend to block your brain and limit it to a few words without even understanding the matter. Itâ€™s better to focus on understanding each word that you study which will not only help you solve tricky questions but also aid you in the future.
â€œConcentrate more on topics rather than scoreâ€
You are not the one who has to give out scores, you have to study and understand each topic well. Thus, stop worrying about your marks and concentrate on your study material. The way to succeed is to give your best.
â€œPractice, practice and practice. Repeat.â€
Itâ€™s never enough. You can practice all your life and it wonâ€™t be enough. You canâ€™t attain perfection nor should you aim for it but you can always give your best and thatâ€™s just what you have to do. Keep practicing and donâ€™t stop. There are plenty of practice papers you can use some of these CFA level 1 practice papers. You can even buy mind maps and mock teststo further enhance your knowledge.