CFA Level 1 Notes- click in the list below:
Stay tuned- the rest of our free CFA Level 1 curriculum notes and topic breakdowns are coming shortly. Please check back for updates.
Ethics and Professional Standards
15-20%
Code of Ethics, Standards of Professional Conduct, and ethical decision-making framework.
6-9%
Time value of money, statistics, probability, and hypothesis testing fundamentals.
Financial Reporting and Analysis
11-14%
Financial statements, accounting principles, and ratio analysis techniques.
Derivatives
5-8%
Options, futures, forwards, and swaps fundamentals and pricing models.
Corporate Finance
6-9%
Capital budgeting, cost of capital, and corporate governance principles.
Fixed Income
11-14%
Bond valuation, yield measures, interest rate risk, and credit analysis.
Alternatives
7-10%
Real estate, private equity, hedge funds, and commodities overview.
Equity Investments
11-14%
Equity markets, valuation models, and industry/company analysis methods.
PM & GIPS
8-12%
Modern portfolio theory, asset allocation, and GIPS.