Many students have reached out to me WRT rewriting and passing day 1 of the CFE. The good news is, it’s an easy day to pass! I’m sure you’ve already heard this from many people, but trust me, they are telling you the truth! Day 1 is in fact easy to pass. you most likely failed this day because you went into too much detail in your response for Day 1. Don’t feel bad about it. We are trained to go into so much detail on days 2 and 3 of the CFE that sometimes we project those days onto day 1! This is normal and happens to the best of us.
So what does this mean… Day 1 of the CFE is very different from the other days. You have to think more high level. You are not being tested on technical knowledge here. You are being examined on your high level, board of director and upper management style and level of thinking and analyzing skills.
You are expected to read and understand your Capstone 1 case in detail and I’d like to say inside out. Day 1 will be a fast forward of this case at a future point in time. Balance your time. Allocate sufficient time to the situational analysis, pros and cons, quants and conclusions. Do NOT go over your time on any area! Also, think of a high level pervasive issue. This has come up in the past…A hidden sort of required.
Best of luck. X