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Asked: September 21, 20192019-09-21T00:53:03+05:30 2019-09-21T00:53:03+05:30

Which study material should I use to prepare for CFA level 1?

Which study material should I use to prepare for CFA level 1?
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11 Answers

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  1. Raghu Bartwal
    Raghu Bartwal
    2022-03-27T09:37:24+05:30Added an answer on March 27, 2022

    The CFA is one of the most well-known certifications in the financial sector, but it requires a lot of preparation and effort. According to me, there are only two materials that should be used to clear the CFA level, i.e., the Main Book (issued by the CFA Institute) and Quintedge. (You can also joinRead more

    The CFA is one of the most well-known certifications in the financial sector, but it requires a lot of preparation and effort. According to me, there are only two materials that should be used to clear the CFA level, i.e., the Main Book (issued by the CFA Institute) and Quintedge. (You can also join a nearby coaching institute.)

    The CFA Curriculum books are excellent; they consistently rank at the top of lists because of their depth and clear language. The only drawback is that they are very bulky.

    If you’re in a time rush, Quintedge material might be helpful.

    Do at least two revisions after the initial reading is over, at least two days before the exam. Make notes, highlight key parts in books, etc.

    Lastly,  complete both the Sample Papers from Schwezer and the CFA Institute. All the best!

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  2. Anonymous
    Anonymous
    2022-11-10T14:35:28+05:30Added an answer on November 10, 2022

    Hi, you should have the following materials to prepare for CFA Level 1: Quintedge’s course materials. Watch Mark Meldrum's videos. Purchase Kalpan Schewezer books, which are approved for CFA students at all levels. Any other online resources, like prepsmarter, will also be useful.

    Hi, you should have the following materials to prepare for CFA Level 1:

    • Quintedge’s course materials.
    • Watch Mark Meldrum’s videos.
    • Purchase Kalpan Schewezer books, which are approved for CFA students at all levels.
    • Any other online resources, like prepsmarter, will also be useful.
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  3. Anonymous
    Anonymous
    2022-01-31T00:49:19+05:30Added an answer on January 31, 2022
    This answer was edited.

    If you use these study materials below, you will definitely pass the exam. Quintedge: This will assist you in understanding the idea. Their videos are quite simple to comprehend. Their faculty is Yash Jain; This guy is awesome and is by far the best teacher I have ever encountered. The dullest of suRead more

    If you use these study materials below, you will definitely pass the exam.

    • Quintedge: This will assist you in understanding the idea. Their videos are quite simple to comprehend. Their faculty is Yash Jain; This guy is awesome and is by far the best teacher I have ever encountered. The dullest of subjects can be made entertaining by him!
    • CFA Curriculum Notes: Reading this once will help you become accustomed to the language used on the CFA exam.
    • Kaplan Schwezer: It includes an online module and topic quizzes that will help you understand every concept very clearly.

    Best wishes!

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  4. Amandeep Singh
    Amandeep Singh
    2022-01-09T02:50:26+05:30Added an answer on January 9, 2022

    For level 1 it is best to practice the official CFA institute curriculum as these are extremely detailed. These are so easy to read that a person with no prior finance experience can understand everything by his/her self. Once you are done with the concepts from each chapter, you may then do the queRead more

    For level 1 it is best to practice the official CFA institute curriculum as these are extremely detailed. These are so easy to read that a person with no prior finance experience can understand everything by his/her self.

    Once you are done with the concepts from each chapter, you may then do the questions provided at the end of the chapters. So you can understand how effectively you are able to do the questions and how much time it is taking you to do a single question. This can be considered as a self assessment too.

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  5. Anonymous
    Anonymous
    2022-12-31T10:45:13+05:30Added an answer on December 31, 2022

    To prepare for CFA Level 1, use these sources. a) Enroll at Quintedge since their lectures, videos, and other resources are fantastic. You will pass the CFA Level 1 with their help, which comes with a pass assurance. b) Videos on YouTube: Several providers give their videos away for free; I've usedRead more

    To prepare for CFA Level 1, use these sources.

    1. a) Enroll at Quintedge since their lectures, videos, and other resources are fantastic. You will pass the CFA Level 1 with their help, which comes with a pass assurance.
    2. b) Videos on YouTube: Several providers give their videos away for free; I’ve used Arif Irfanullah and Allen CFA Prep, both of which were excellent. There are many more providers now.
    3. c) You can utilize Schweser Notes, which break down the material into study notes focused on exams, replete with examples and quizzes covering every Learning Outcome Statement. Create your own index cards with key concepts or formulas for quick reading as you watch videos or study notes; these cards will serve as your final-day revision.
    4. d) There are a few more things that are reasonably priced, such as FinQuiz materials.

    I hope this will help you.

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  6. Mayank Sinha
    Mayank Sinha
    2022-07-17T21:10:19+05:30Added an answer on July 17, 2022

    To crack CFA Level 1, you need to buy these prep books which are highly suggested in the market are:  1. Wiley Level 1 CFA Program Study Guide. 2. Kaplan Schweser Notes CFA Prep Book 3. CFA Institute CFA Program Curriculum. Solve the sample papers provided by CFA Institute and by Schweser also. TheyRead more

    To crack CFA Level 1, you need to buy these prep books which are highly suggested in the market are: 

    1. Wiley Level 1 CFA Program Study Guide.
    2. Kaplan Schweser Notes CFA Prep Book
    3. CFA Institute CFA Program Curriculum.

    Solve the sample papers provided by CFA Institute and by Schweser also. They will boost your confidence for the exams and give you a complete idea of the exam environment and time management required to clear the exams.

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  7. Kuldeep Madan
    Kuldeep Madan
    2022-08-25T11:44:15+05:30Added an answer on August 25, 2022

    I studied using notes from Kaplan Schweser as well as Quintedge’s prep course which included online classes, question bank, mock tests, and discussion forum. Additionally, Yash Sir gave weak students extra classes and extra attention in order to support them. The best part is that they have revisionRead more

    I studied using notes from Kaplan Schweser as well as Quintedge’s prep course which included online classes, question bank, mock tests, and discussion forum. Additionally, Yash Sir gave weak students extra classes and extra attention in order to support them. The best part is that they have revision videos for every subject, and cover important questions in each class which is incredibly beneficial for getting a good understanding.

    So choose Quintedge if you want to pass CFA Level 1 with a breeze and need appropriate study material.

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  8. Dipali Kapoor
    Dipali Kapoor
    2022-01-30T18:16:19+05:30Added an answer on January 30, 2022
    This answer was edited.

    The 1st material you can refer to is CFA Institute’s material, which is curriculum notes which you can access through your account. Advantage of these notes is that they are extensive. They cover the latest statistics & latest examples which are relevant to your knowledge.  Coming to the 2nd resRead more

    The 1st material you can refer to is CFA Institute’s material, which is curriculum notes which you can access through your account. Advantage of these notes is that they are extensive. They cover the latest statistics & latest examples which are relevant to your knowledge.  Coming to the 2nd resource provided by the CFA Institute – The Learning Ecosystem; its an LMS which is very extensive with over 3000 questions, various quizzes & question analysis. So, overall CFA LMS will help you prepare in a good manner & should help you pass your CFA exam.

    Another resource can be called a Third party provider –  Kaplan Schweser which is used by almost everyone in India. Kaplan Schweser is used by all tuition providers. It’s concise & a lot of students pass their CFA exams using Kaplan Schweser. So, I will suggest you refer to Kaplan Schweser blindly.

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  9. Daksh Deshwal
    Daksh Deshwal
    2023-04-21T16:54:07+05:30Added an answer on April 21, 2023

    For all three levels, I used Quintedge’s study materials. I found them to be very informative and concise. They cover the majority of the CFA Institute curriculum. I have also suggested the same thing to my friends who are now studying for the CFA. They too think it's helpful. It has online modulesRead more

    For all three levels, I used Quintedge’s study materials. I found them to be very informative and concise. They cover the majority of the CFA Institute curriculum. I have also suggested the same thing to my friends who are now studying for the CFA. They too think it’s helpful.

    It has online modules and topic quizzes that are intended to help with idea retention and practice..

    You can use the Schweser question bank or the ones on the CFA Institute website to practice the questions.

    Hope it helps.

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  10. Suresh Nagpal
    Suresh Nagpal
    2023-04-28T13:52:40+05:30Added an answer on April 28, 2023

    Read the Schweser Notes; they will greatly help you in passing Level 1 of the CFA. I adhered to them diligently and cleared in my first attempt. I think Schweser Notes and its practice exam volumes are more than enough to obtain 70+ percentile in all 10 subjects offered. It worked for me, but if youRead more

    Read the Schweser Notes; they will greatly help you in passing Level 1 of the CFA. I adhered to them diligently and cleared in my first attempt.

    I think Schweser Notes and its practice exam volumes are more than enough to obtain 70+ percentile in all 10 subjects offered.

    It worked for me, but if you want a more in-depth explanation, stick to the curriculum; otherwise, there’s no need to fumble through a tonne of pages.

    PS: I passed CFA Level 1 in a month with less than 150 hours of study time.

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  11. Saourav Mondal
    Saourav Mondal
    2023-04-29T15:00:23+05:30Added an answer on April 29, 2023

    With 2 months of diligent study, the Level I exam can be passed, but only with the use of supplemental resources. If your preparation window is that short, you won't have the time to fully finish the CFA Institute materials. Most students simply use supplemental materials to pass exams - Quintedge,Read more

    With 2 months of diligent study, the Level I exam can be passed, but only with the use of supplemental resources. If your preparation window is that short, you won’t have the time to fully finish the CFA Institute materials.

    Most students simply use supplemental materials to pass exams – Quintedge, Wiley, Schweser etc.

    You won’t just feel like you passed the examinations with ease; you’ll also feel like you learned a lot and are prepared to use your concepts when needed. Their material is simply outstanding!

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