looking for. Consider putting in a request to take some personal time off work for review and rest right before the exam. Choose the way that works best for you, it is YOU not anyone else who will sit in the test center and write the exam. Focus your attention on the questions right at the start. The time allocated to each question is deliberately designed by CFA Institute,.g. Underlining key words helps because you'll need to refer to the question a few times, flipping back and forth between the case information and the question itself. Most of the questions are independent, so not knowing the answer to question A shouldnt keep you from answering the questions that follow. There are a lot of key directions in the pre-exam instructions. For example: (A question from 2017 L3, I cant remember exactly though). For me I always cleared AM part on mocks with about 10 to 15 minutes left and 2-4 sub-parts unanswered, and then I could try to figure out those sub-parts or, if eventually I didnt have a clue, write some nonsense, which still wouldnt matter that.
Answering concisely - for more tips on answering essay questions, see the.
While the CFA Level 3 exam is not one to underestimate, some strategic decisions w ill make it easier.
Find out how to pass the essay type exam.
Level 3 exam is absolutely a game.
You need to beat the person sitting ahead or be hind of you coz 50 of you will pass.
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You wont win any points for being creative. Everybody has his or her own preference, if you feel totally good with Wiley or Kaplan, then go for it and ignore this part. One minute is indicated is equivalent to one point in the exam. A lot of candidates make a number of mistakes, for example, they rely on too many sources of information rather than focusing on the curriculum, Mackey says. The key idea is : Dont let the questions you dont know waste your time and ruin your performance on those you know, make sure you have enough time to answer the questions you can master and get as many points as possible from them. This indication provides a great guide on how long to spend on reading and answering. Theyre not trying to trick you really. Each question part in the CFA exam has its recommended allocated time indicated. Keep in mind that the curriculum is ever evolving, so the older the practice exam, the less relevant. An important point to remember is that theres no penalty for a wrong answer, so answer every question. Keep your answers understandable, but know that answers are also not graded for language, grammar or style. Look at the exam prep materials and study tips on the institutes website thoroughly.