Did you know candidates who follow these study habits are more likely to pass their exam?* Since our shift to the CFA Institute Learning Ecosystem (LES) and Computer-Based Testing, we are now able to quantitatively assess candidates’ aggregate study habits and how they correlate with testing outcomes. Adhering to any one of these habits will increase your odds of passing the exam, but working all of them into your study plan will yield the greatest chance of success! Use these data-backed study habits to create a plan early.
*Based on CFA Institute analysis of Level I candidate study habits in the LES and exam outcomes as of March 2023. Recommendations are applicable for all levels of the CFA Program.
- Use these data-backed tips to build your own study plan early. Consistency, not cramming, is key.
- Consider taking a mock exam early in your studies to assess your strengths and guide your study plan. Use additional mock exams to gauge your progress over time. Practice Pack is available to Level I candidates for purchase for the February 2024 or later exam.
- If you need to prioritize, consider switching to the Adaptive Study Plan in the LES. This tool will help you prioritize topics according to your strengths and weaknesses.
- On mock exams and practice questions, be sure to allow time to review questions you missed and understand why you missed them.
Key Factors of Exam Success
Learn more about the study habits of successful candidates in this video from Chris Wiese, CFA, Managing Director, Education at CFA Institute.
The CFA Institute Learning Ecosystem
The CFA Institute Learning Ecosystem is the only way to officially track your practice questions and your proficiency rating in each topic area. The LES gives you access to thousands of official practice questions and 2 official mock exams (released 60 days before each exam window). It is the recommended tool to help you study and execute according to your plan. Optionally, candidates can purchase the Practice Pack to unlock an additional 1,000 practice questions, five mock exams, and one exam day simulation mock exam – all written by the CFA Program exam writers. Practice Pack is available to Level I candidates for purchase for the February 2024 or later exam.
CFA Institute Learning Ecosystem (LES)
The LES is a digital learning tool included with your registration that gives you access to the entire curriculum, practice questions and mock exams, as well as the optional Practice Pack available to Level I candidates for purchase for the February 2024 or later exam.
CFA Institute Learning Mobile App
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This optional add-on will give you early access to five additional mock exams and 1,000 additional practice questions through the LES, including one mock exam through Prometric (CFA Program test center administrator) to help you build your confidence with the exam software. Available to Level I candidates for purchase for the February 2024 or later exam.
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The results process and pass rates
Video: Why Does it Take So Long to Grade the Exam? 中文
Video: Pass Rate Explained 中文
Video: Standard Setting Explained 中文
Video: Standard Setting Explained, Part II (Equating Clarification) 中文
Video: CFA Level III Exam Grading Process 中文
Video: CFA Level III Exam Essay Strategies 中文
Video: CFA Level III Exam Format Changes 中文
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