It's no secret that passing the CFA exam requires time, money, and mental fortitude. That’s right. So, if you want to be a charter-holder, it's important that you get started. Well, why not consider passing Level 1 of the CFA exam as soon as you can?
Passing Level 1 is undoubtedly difficult, but if you have the drive and discipline to focus on the task at hand, you can succeed. While it might seem hard to start your CFA journey now, it's possible to learn the basics for CFA exam early on. The most important thing is that you'll be a step closer to achieving your goal of passing the CFA exam!
Although the overall process may seem daunting, it’s probably easier to focus only on passing the first level instead of worrying about future levels. So, don't procrastinate - being overwhelmed by the unknown and procrastinating on taking that next step can be an all-too-familiar feeling.
If you want to prepare for the CFA Level 1 exam in a few months while handling other responsibilities, you may find the following suggestions helpful:
- Envision Your Life After The Charter - look ahead to how you'll feel once you pass the Level 1 CFA exam and realise that you're just one step closer to your goal. Now imagine the feeling when you complete all three levels, passing each challenge with flying colours, and know that you've earned the charter and have been positioned to advance your career and achieve your goals.
- Schedule Your exam And Stick To A Study Plan - planning your Level 1 CFA exam will make you accountable for following through and help you create your study plan around your exam date. Once you know when the test is, you can make a study plan to get ready for it. That way you'll be prepared to do well on test day.
- Focus During Your Dedicated Study Time - prioritise your schedule and set aside dedicated time to prepare for the Level 1 CFA exam. If you’re working and studying at the same time, you might consider taking some study days off to give yourself ample time to focus. Tell your family and friends that you'll be unavailable for a few months so that you can prepare intensively for the exam. Most importantly, take advantage of this time to focus on your CFA exam journey and, ultimately, your career.
If you get overwhelmed by your CFA exam studies—and most candidates do at some point—remember why you started this journey in the first place. You’ll feel more motivated to study and pass when you know what you're trying to achieve.
While you're studying for Level 1, create a vision board for the future to envision what life might look like after you earn the CFA charter. By having a goal in mind, you'll feel more motivated to get more done!
Passing Level 1 of the CFA exam is a challenge that you can and will conquer if you believe in yourself. So put in the hours to study and find yourself all set up for success!
We wish you the best of luck.