CFA Free 101 Concepts (2024)

101 concepts level I

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2021 Level I Corporate Finance Full Videos

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Alternative Investments

Alternative Investments (AI)

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Corporate Issuers

Corporate Issuers (CI)

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Derivatives

Derivatives (DV)

Economics

Economics (EC)

Equity

Equity Investments (EI)

Ethical and Professional Standards (ES)

Ethics

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Financial Reporting and Analysis

Financial Statement Analysis (FSA)

Fixed Income

Fixed Income (FI)

Level I

Level II

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LM01 Alternative Investment Features, Methods, and Structures

LM01 Categories, Characteristics, and Compensation Structures of Alternative Investments

LM01 Corporate Structures and Ownership

LM01 Derivative Instrument and Derivative Market Features

LM01 Derivative Instrument and Derivative Market Features

LM01 Ethics and Trust in the Investment Profession

LM01 Ethics and Trust in the Investment Profession

LM01 Fixed-Income Instrument Features

LM01 Fixed-Income Securities: Defining Elements

LM01 Introduction to Financial Statement Analysis

LM01 Introduction to Financial Statement Analysis

LM01 Market Organization & Structure

LM01 Market Organization and Structure

LM01 Organizational Forms, Corporate Issuer Features, and Ownership

LM01 Portfolio Management Overview

LM01 Portfolio Management: An Overview

LM01 Rates and Returns

LM01 The Firm & Market Structures

LM01 Topics in Demand and Supply Analysis

LM02 Alternative Investment Performance and Returns

LM02 Analyzing Income Statements

LM02 Code of Ethics and Standards of Professional Conduct

LM02 Code of Ethics and Standards of Professional Conduct Profession

LM02 Financial Reporting Standards

LM02 Fixed Income Markets - Issuance Trading and Funding

LM02 Fixed-Income Cash Flows and Types

LM02 Forward Commitment and Contingent Claim Features and Instruments

LM02 Forward Commitment and Contingent Claim Features and Instruments

LM02 Introduction to Corporate Governance and Other ESG Considerations

LM02 Investors and Other Stakeholders

LM02 Organizing, Visualizing, and Describing Data

LM02 Performance Calculation and Appraisal of Alternative Investments

LM02 Portfolio Risk & Return: Part I

LM02 Portfolio Risk and Return Part I

LM02 Security Market Indexes

LM02 Security Market Indexes

LM02 The Firm and Market Structures

LM02 Time Value of Money in Finance

LM02 Understanding Business Cycles

LM03 Aggregate Output, Prices and Economic Growth

LM03 Analyzing Balance Sheets

LM03 Business Models & Risks

LM03 Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits

LM03 Derivative Benefits, Risks, and Issuer and Investor Uses

LM03 Derivative Benefits, Risks, and Issuer and Investor Uses

LM03 Fiscal Policy

LM03 Fixed-Income Issuance and Trading

LM03 Guidance for Standards I-VII

LM03 Guidance for Standards I–VII

LM03 Introduction to Fixed Income Valuation

LM03 Investments in Private Capital: Equity and Debt

LM03 Market Efficiency

LM03 Market Efficiency

LM03 Portfolio Risk & Return: Part II

LM03 Portfolio Risk and Return Part II

LM03 Private Capital, Real Estate, Infrastructure, Natural Resources, and Hedge Funds

LM03 Probability Concepts

LM03 Statistical Measures of Asset Returns

LM03 Understanding Income Statements

LM04 An Introduction to Asset-Backed Securities

LM04 Analyzing Statements of Cash Flows I

LM04 Arbitrage, Replication, and the Cost of Carry in Pricing Derivatives

LM04 Arbitrage, Replication, and the Cost of Carry in Pricing Derivatives

LM04 Basics of Portfolio Planning & Construction

LM04 Basics of Portfolio Planning and Construction

LM04 Capital Investments

LM04 Common Probability Distributions

LM04 Fixed-Income Markets for Corporate Issuers

LM04 Introduction to the Global Investment Performance Standards (GIPS)

LM04 Introduction to the Global Investment Performance Standards (GIPS)

LM04 Monetary Policy

LM04 Overview of Equity Securities

LM04 Overview of Equity Securities

LM04 Probability Trees and Conditional Expectations

LM04 Real Estate and Infrastructure

LM04 Understanding Balance Sheets

LM04 Understanding Business Cycles

LM04 Working Capital and Liquidity.

LM05 Analyzing Statements of Cash Flows II

LM05 Capital Investments and Capital Allocation

LM05 Company Analysis: Past and Present

LM05 Fixed-Income Markets for Government Issuers

LM05 Introduction to Geopolitics

LM05 Introduction to Industry and Company Analysis

LM05 Monetary and Fiscal Policy

LM05 Natural Resources

LM05 Portfolio Mathematics

LM05 Pricing and Valuation of Forward Contracts and for an Underlying with Varying Maturities

LM05 Pricing and Valuation of Forward Contracts.

LM05 Sampling and Estimation

LM05 The Behavioral Biases of Individuals

LM05 The Behavioral Biases of Individuals

LM05 Understanding Cash Flow Statements

LM05 Understanding Fixed-Income Risk and Return

LM05 Working Capital & Liquidity

LM06 Analysis of Inventories

LM06 Capital Structure

LM06 Cost of Capital-Foundational Topics

LM06 Equity Valuation: Concepts and Basic Tools

LM06 Financial Analysis Techniques

LM06 Fixed-Income Bond Valuation: Prices and Yields

LM06 Fundamentals of Credit Analysis

LM06 Hedge Funds

LM06 Hypothesis Testing

LM06 Industry and Competitive Analysis

LM06 International Trade

LM06 Introduction to Geopolitics

LM06 Introduction to Risk Management

LM06 Introduction to Risk Management

LM06 Pricing and Valuation of Futures Contracts

LM06 Pricing and Valuation of Futures Contracts

LM06 Simulation Methods

LM07 Analysis of Long-Term Assets

LM07 Business Models

LM07 Capital Flows and the FX Market

LM07 Capital Structure

LM07 Company Analysis: Forecasting

LM07 Estimation and Inference

LM07 International Trade and Capital Flows

LM07 Introduction to Digital Assets

LM07 Introduction to Linear Regression

LM07 Inventories

LM07 Pricing and Valuation of Interest Rate and Other Swaps

LM07 Pricing and Valuation of Interest Rates and Other Swaps

LM07 Technical Analysis

LM07 Yield and Yield Spread Measures for Fixed-Rate Bonds.

LM08 Currency Exchange Rates

LM08 Equity Valuation: Concepts and Basic Tools

LM08 Exchange Rate Calculations

LM08 Fintech in Investment Management

LM08 Hypothesis Testing

LM08 Long Lived Assets

LM08 Measures of Leverage

LM08 Pricing and Valuation of Options

LM08 Pricing and Valuation of Options

LM08 Topics in Long-Term Liabilities and Equity

LM08 Yield and Yield Spread Measures for Floating-Rate Instruments

LM09 Analysis of Income Taxes

LM09 Income Taxes

LM09 Option Replication Using Put-Call Parity

LM09 Option Replication Using Put–Call Parity

LM09 Parametric and Non-Parametric Tests of Independence

LM09 The Term Structure of Interest Rates: Spot, Par, and Forward Curves

LM10 Financial Reporting Quality

LM10 Interest Rate Risk and Return

LM10 Non-current (Long-Term) Liabilities

LM10 Simple Linear Regression

LM10 Valuing a Derivative Using a One-Period Binomial Model

LM10 Valuing a Derivative Using a One-Period Binomial Model

LM11 Financial Analysis Techniques

LM11 Financial Reporting Quality

LM11 Introduction to Big Data Techniques

LM11 Yield-Based Bond Duration Measures and Properties

LM12 Applications of Financial Statement Analysis

LM12 Introduction to Financial Statement Modeling

LM12 Yield-Based Bond Convexity and Portfolio Properties

LM13 Curve-Based and Empirical Fixed-Income Risk Measures

LM14 Credit Risk

LM15 Credit Analysis for Government Issuers

LM16 Credit Analysis for Corporate Issuers

LM17 Fixed-Income Securitization

LM18 Asset-Backed Security (ABS) Instrument and Market Features

LM19 Mortgage-Backed Security (MBS) Instrument and Market Features

New Booklet Top level

Portfolio Management

Portfolio Management (PM)

Quantitative Methods

Quantitative Methods (QM)

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CFA Free 101 Concepts (2024)

FAQs

Can I get CFA books for free? ›

Get access to our essential exam prep resources created by CFA experts in the field and in the classroom.

How can I prepare for CFA for free? ›

Kaplan Schweser Free Resources

Sign up to receive a level-specific CFA practice question delivered directly to your inbox each day! Take your study plan on the go…and get the practice you need on your time. And best of all…it's free! Get advice from CFA charterholders who have successfully gone through the program.

What are the hardest CFA 1 topics? ›

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.

Is ift free for CFA? ›

Don't wait – Start your CFA Level I exam preparation for FREE with IFT! What else will I get? -Sample High-Yield videos, Topic exam, and more! *No credit card needed – ever!

Is the CFA curriculum free? ›

CFA Institute members have access to the curriculum free of charge by downloading Refresher Readings, which are also eligible for Professional Learning (PL) credit. Members may also buy the print curriculum by ordering through Wiley or one of their retail partners.

How to pass CFA Level 1 without coaching? ›

Take Practice Exams: Practice exams are an essential part of preparing for the CFA exams. They help you identify areas where you need improvement and get familiar with the exam format and timing. Join a Study Group: Joining a study group can provide valuable support and accountability.

Is 3 months enough for CFA? ›

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.

Can I self learn CFA? ›

Yes, it is possible to pass the CFA Level I Exam with self-study. However, most CFA members strongly suggest that you prepare with a CFA expert who can help guide you through the curriculum and keep you motivated along the way.

Can you pass the CFA without a degree? ›

The short answer is, again, no. The CFA Institute simply requires you to have a bachelor's degree (or equivalent) or be in the final year of your bachelor's degree program. You'll also need to have four years of relevant work experience, and, of course, you must pass all three levels of the CFA exam.

Can you pass CFA 1 by guessing? ›

If you can be 100% sure of the answers to half of the questions, and correctly guess at a 50% rate for the other half, you've just passed the exam!

Which CFA topic is easiest? ›

Easiest Level 1 CFA Exam Topics
Level 1 CFA Exam TopicShort DescriptionNo. of Formulas
Portfolio ManagementPortfolio: structure, risks & returnsaround 30
Corporate Issuers*Corporate governance & decision-makingaround 30
EquityMarket, industry & company analysisaround 40
Feb 28, 2024

Is it common to fail CFA Level 1? ›

Very few candidates pass all three CFA exams on their first attempt. CFA Institute estimates it takes the average successful candidate four years to complete the CFA Program. So failing one level, if not two, makes you an average candidate.

Is CFA tax deductible? ›

The tuition for the course may be a Lifetime Learning credit deduction but the cost of the exam is not.

Will companies pay for CFA? ›

Some companies will pay after you pass the CFA . Other companies may pay as soon as you send them the bill. The CFA also offers scholarships if you're looking for other ways to cut costs. What is the CFA?

How to win CFA scholarship? ›

Demonstrate Your Commitment to Professional Development

The scholarship committee wants to see that you're committed to professional development and growth. Demonstrate this by discussing relevant training, continuing education courses, or financial certifications you've earned.

Where can I download CFA books? ›

Registered Candidates

The CFA Program digital curriculum is available through the Learning Ecosystem. This includes all readings, chapter summaries, and practice questions.

How can I study for CFA on my own? ›

8 Tips to Help You Pass the CFA® Level I Exam
  1. #1. Focus on the most-tested material. ...
  2. #2. Don't waste time. ...
  3. #3. Develop a study plan six months before you take the exam. ...
  4. #4. Take a prep course. ...
  5. #5. Focus on concepts more than math. ...
  6. #6. Practice...a lot! ...
  7. #7. If you feel overwhelmed, study with breaks. ...
  8. #8.

Is CFA Institute free? ›

Exam fees & costs

The CFA Investment Foundations Certificate is online and costs US$ 350, including the curriculum.

What is the best book to prepare for CFA? ›

Best Books for Preparing for CFA:
  1. Wiley's Level I CFA Program Study Guide 2024: Complete Set. ...
  2. 2020 CFA Level 1 Kaplan Schweser Notes. ...
  3. CFA Institute CFA Program Curriculum. ...
  4. 2024 CFA Level 1 Study Material (Set of 5 Books) ...
  5. Wiley's Level I CFA Program 11th Hour Review Guide and Test Bank.

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