● Start your prep early. The CFA exams are a marathon and require an extreme level of dedication.
● Go through your notes at least twice. The first time around, you learn the concepts, but the second time you read the notes, you solidify your understanding of the CFA Program curriculum.
● Pay attention to CFA exam weightings. For example, the Level I exam puts a lot of weight on Ethical and Professional Standards and a lot less on Alternative Investments.
● Always use end-of-chapter practice questions and AnalystPrep quizzes. The CFA Institute does not give out a lot of information. Therefore, you should supplement your studies with a QBank to better your chances of passing the exam.
● Be sure to take at least five mock exams. Time yourself and try to answer as many questions as possible in the three-hour timeframe given to you. Then, spend extra time reviewing your wrong answers and going back to the Study Notes if required.