9 Potential CFA Exam Failure Signs To Be Aware Of

Starting CFA exam preparation too late -  This is a common mistake amongst CFA Level 1 candidates, as there tends to be an underestimation of the amount of time needed. 

Not using a study plan to manage your pace -  Candidates need a lot of discipline to get through the voluminous curriculum, and ‘winging it is not going to do. 

Studying too slowly -  Don’t make the mistake of spending too much time with thorough and detailed note-taking. 

Skipping Ethics -  Apart from showing up at the wrong place for the CFA exam, not a bigger mistake could be made in the CFA exams than underestimating Ethical & Professional Standards. 

Skipping other topics -  In our opinion, there are no ‘safe’ topics to be skipped. As anything can be tested, you are taking a risk every time you decide to skip a topic. 

Not doing enough practice  exams -  Some candidates go into the exam hall having only managed to do 1 or 2 practice exams, or none at all. 

Not getting familiar with CFA Institute’s end-of-chapter questions and mock exams -  These are essential to your exam preparation so you have a good idea of exactly what the tone and focus of questions set by CFA Institute will be like. 

Not preparing for the actual CFA exam day -  ​After months of studying, many candidates at all levels proceed to screw it all up by not preparing logistically for exam day. 

Not managing exam time properly -  Training yourself to complete the exam on time is key to doing well in the CFA exam – another reason why practice exams are so important. 

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