You should not take the Level 1 lightly under any circumstances. There are 10 subjects, each of which is a field in itself. You might complete just the financial reporting and analysis section, and realize a month later that you remember none of it. Keep a goal of studying for at least 300 hours. More if you haven't taken accounting/finance subjects in high school or university. #CFATips #CFInstitute

After creating a study guide for one particular topic and redoing its EOCs, take that subject's topic test. The topic tests are far and away what prepares you best for the actual exam. #CFATips #CFInstitute

While planning for the CFA Level 1 exam, it is important to map out your skill-sets and focus on topics firstly that are your strongest points. By allowing yourself to finish those topics, you can allocate most of your remaining time into complex topics. Creating a balanced approach will allow you to finish your curriculum on time and keeping your preparation in check. #CFATips #CFInstitute

Trust us when we say that clearing the CFA exam is no joke. In order to stand a good chance, you will have to completely minimize your distractions to keep yourself focused. That means avoiding social media, personal outings & much more. Visit cfinstitute.in to find more relevant resources related to CFA Level 1 preparation. #CFInstitute #CFATips

60% of the weight of the exam is between 4 key topics- Financial Reporting & Analysis, Ethics, Quantitative Methods & Debt. Balance your preparations to ensure your understanding of these topics remains top-notch always. #CFInstitute #CFATips