What is the minimum passing score for CFA Level 1?
What is the minimum passing score for CFA Level 1?
CFA Level 1 Passing Score Some years test takers will receive a 65% overall score and fail, while in other years candidates have received a 62% score and passed. How the scoring is weighted plays heavily on how your overall score will turn out. Generally speaking, any score of 70% or higher should be a passing score.
Is the CFA mock exam harder than the real exam?
They are meant to have similar difficulty, but most readers seem to agree that Level 1 mock, at least, is more difficult than the actual exam. It could be that this practice is their very first experience. The stress often makes the questions seem more difficult.
Can you pass CFA with 60?
It implies that you can get through the CFA even if you’ve scored less than 50% in four key subject areas. This is a revelation. It’s even been suggested you can pass with an average score of around 64%-65%.
How do I prepare for CFA level 1?
According to the CFA Institute , you must devote at least 250 hours of dedicated study to properly prepare for the Level 1 exams. Since the Level 1 exams are held twice a year, you should start studying six months in advance of your exam.
How do I study for CFA level 1?
Here is a summary of the key points to effectively study for the CFA Level 1 Exam: Start studying 4 months before the exam (sign up well before this so you have all the material ready to go). Dedicate 1-3 hours each day to study. Dedicate 3-5 hours each day 2-3 weeks before the test date.
What is the best way to study for CFA?
Weekends and non-working days are the best time to study for the CFA. During the week, you will barely have time for practice questions, in addition to end-of-chapter questions. Therefore, plan to spend an additional two to four hours during the weekend on practice questions.
What to expect on the CFA level II exam?
The CFA Level II exam tests candidates on the application of investment valuation concepts.