Which mocks are best for CFA Level 1?

Kaplan Schweser is the only exam prep provider offering full-length In-Person Mock Exams for CFA Level I candidates. Schedule your live mock exam at one of hundreds of Prometric test centers around the globe—the same test centers that host the actual CFA exams.

How many mocks are sufficient for CFA Level 1?

– CFA Level 1 candidates should attempt at least 5 sets of practice exams; – CFA Level 2 candidates should attempt at least 5 sets of practice exams; – CFA Level 3 candidates should attempt at least 7 sets of practice exams.

What is a good CFA Level 1 mock score?

It consists of 180 questions taken within 135 minutes. It is divided into two sessions, each consisting of 90 questions. A candidate should spend at least 300 hours studying for this level. A score considered safe for this level is 70% and above.

Is CFA Level 1 exam easier than mocks?

CFA mock exams can be slightly more challenging than the actual exam simply because candidates are still preparing for the exam and haven't finished studying. The best mock exams are designed to simulate the actual testing interface and format.

What is the best order to study CFA Level 1?

Who Has THE BEST CFA Mock Exams and HOW MANY Should You Do?

Is 3 months enough for CFA Level 1?

No, studying for any CFA exam in less than 6 months will not give you enough time to adequately prepare unless you have a relevant background in the curriculum. According to CFA Institute, candidates study on average 348 hours for the Level I exam, 364 hours for the Level II exam, and 365 hours for the Level III exam.

Which part of CFA Level 1 is hardest?

Having said that Fixed Income, Derivatives, and FSA are the hardest level 1 CFA exam topics, it's time to rank all of the 10 level 1 topics by difficulty. Difficulty is a subjective criterion but this hard-to-easy topic hierarchy is meant as a guideline to help you approach CFA exam topics sensibly.

Is UWorld harder than CFA Level 1?

Are Actual CFA Exams Easier than UWorld Mock Exams? UWorld CFA mock exams contain the same problem types as the real exams and are based on the CFAI's most recent learning outcome statements. Their difficulty is designed to be at or above the CFA exam's difficulty level to prepare candidates for success.

Are Kaplan mocks harder than the exam?

The mock exams are often harder than the real exams so they get you well prepared. You can also compare your scores with the rest of the class - which is good as you can see if all other students are struggling too.

How many people pass CFA Level 1 first try?

Overview of CFA Pass Rates Since 2014. The latest CFA pass rates are: 35% for Level 1 (Nov 2023) 44% for Level 2 (Nov 2023)

Is 50% enough to pass CFA Level 1?

What is the passing score for CFA Level 1? You can pass with Financial Reporting and Analysis with under 50%, Economics and Portfolio Management with over 70%. The rest subjects are between 50-70%.

Can you pass CFA 1 by guessing?

If you need to correctly answer 135 questions to pass the exam, you don't have to know the answer to 135 questions. That should give you confidence. It's OK to guess on some questions. A passing score is within your grasp!

What are the hardest CFA Level 1 chapters?

Hardest topics by CFA Level

Generally, our research shows that candidates' CFA Level 1 hardest topics are Financial Statement Analysis, Fixed Income, Quantitative Methods, Derivatives and Economics.

What is a good score on CFA mock?

Given the 2021 trend of CFA Level 1 minimum passing scores, we temporarily increased the safe target mock exam score to 75% by end of 2021. With 2023's current MPS trends, we have revised our recommended CFA Level 1 target mock exam score to be 70% and above to reflect a cautious yet optimistic view.

Is Princeton Review good for CFA Level 1?

Expert Instructors

Our instructors are renowned experts in their field. They don't just know the content well, they teach it well. They break down complex subjects in an organized and easy-to-understand manner so you can study efficiently.

How hard is it to pass CFA Level 1?

Passing the CFA Level I exam, which has around a 40% pass rate over the past years, requires following a solid study plan. Successful Level I candidates spend more than 300 hours preparing for the exam on average.

Which level of CFA is hardest?

Many CFA charterholders consider the Level 3 CFA Exam the most difficult because of the time and thought needed to answer the constructed responses successfully. While the typical Level 3 CFA Exam pass rates are the highest of the CFA Exams, only around 56% of CFA candidates pass the exam.

Are Kaplan mocks accurate?

The most realistic CATs available are the 6 from GMAC - but thankfully, the CATs from Kaplan, MGMAT and Veritas are all 'close enough' to the real thing that they will provide you with a relatively realistic score assessment (assuming that you correctly take the CAT in a realistic fashion).

Are Kaplan mock tests good?

Although Kaptests are good to practice, Powerprep official tests come closure to the actual GRE. Your mock score is good. And you can go through the GRE experience shared by the test takers on this forum. It might help you in your quest for 330+ score.

Why do so many people fail CFA Level 1?

Many candidates handle their studying exclusively in short, one-hour chunks then do poorly on the exam because they are not prepared for the level of mental fatigue. Further, mock exams force you to answer problems across the curriculum instead of only looking at specific sections.

Why do most people fail CFA Level 1?

Failed to Study Enough Hours

It is often hard to manage the work, social life, and study balance. And, of course, the discipline needed to maintain your studies is one of the key reasons the CFA charter is so highly valued by employers. Level I is a foundation level based on core finance principles and concepts.

Is UWorld enough for CFA Level 1?

UWorld's Mock Exams' format closely replicate the actual CFA L1 exam experience. This is helpful to prepare and boost your confidence on test day.

What is the easiest subject in CFA l1?

Is CFA or MCAT harder?

Scoring high enough on the MCAT to gain admission to a U.S. medical school (MD program not DO) is more difficult than passing the CFA. For some candidates not schooled in finance, passing the CFA could be more difficult than a respectable MCAT score.

How to pass CFA Level 1 easily?