Level 1 of the CFA program has the lowest pass rate, which could mean it’s the hardest test in the program. Not all candidates struggle with passing Level 1, though, because everyone has their skills and weaknesses. People who are struggling to pass sometimes find Level 1 hard because they don’t take the exam as seriously as they should. They may not be taking full advantage of the CFA Level 1 study guide, so they might say this is the most challenging exam they have ever experienced.
Hardest Topics on the Level 1 Exam
The hardest areas for each candidate at Level 1 will depend on their background, but if you have trouble learning math formulas, you might find Quantitative Methods the hardest. It might be hardest for you to understand Ethical and Professional Standards if you’re good at math but have trouble remembering a lot of rules and steps. All the topics on the CFA Level 1 test can be hard for people who aren’t ready, no matter their background.
Prepare for the CFA Level 1 Exam
To prepare for the CFA Level 1 exam, people should start learning about what is being covered in the CFA program. By taking advantage of a prep package, people can determine their strengths and weaknesses. Once they know which subjects they need to focus on the most, they should create a study plan that involves using a CFA Level 1 study guide.