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Derivatives – CFA Level 1 Essential Review Summary
Reading 56 – Derivative Markets and Instruments Derivative securities are an asset class where they derive (hence the name) their value from an underlying asset. These underlying assets can be financial assets like equities or bonds or real assets like…
Portfolio Management – CFA Level 1 Essential Review Summary
Reading 38 – Portfolio Management: An Overview Portfolio management is about creating a diversified approach to meet one’s investment goals. Diversification involves avoiding too much exposure to a single asset or asset type. Diversifying the risks of a portfolio help…
Alternative Investments – CFA Level 1 Essential Review Summary
Reading 58: Introduction to Alternative Investments The CFA curriculum is always changing and this last reading of Level 1 has been completely overhauled by the Institute and is considered a new reading. There is only this one reading regarding alternative…
SOA Exam IFM: Investment and Financial Markets
On your way to becoming an actuary, the Society of Actuaries (SOA) Exam IFM will most likely be your third actuarial exam. It is among the three preliminary professional tests (the other two being Exam P and Exam FM) that…
SOA Exam FM: Financial Mathematics
You’ll need to pass a total of 10 actuarial exams to be accredited as an actuary – life or non-life regardless. Of course, the exams will be unique to the actuarial discipline you choose except for the first three –…
Equity Investment – CFA Level 1 Essential Review Summary
Reading 44 – Market Organization and Structure Financial markets serve a wide variety of purposes, but there are six main categories of activity. They are used for Saving by individuals and organizations in order to grow their assets over time. Borrowing is also done…
Corporate Finance – CFA Level 1 Essential Review Summary
Reading 33 – Corporate Governance and ESG: An Introduction Corporate Governance is the managerial system by which a company is controlled. There are two primary theories that drive corporate governance structures, though they have been converging more closely together in…
Fixed Income – CFA Level 1 Essential Review Summary
Reading 50 – Fixed-Income Securities: Defining Elements A bond is a debt instrument that entitles the buyer to future cash flows from the issuing entity. Bonds can be issued by a variety of organizations, including companies, governments, and even supranational…
Ethical and Professional Standards – CFA Level 1 Essential Review Summary
Ethical and Professional Standards is a major part of the CFA curriculum at all three levels, so it is very important to learn this material well. The CFA Institute places a high value on ethics, and even uses scores on…
CFA Level 1 Financial Ratios Sheet
Most financial ratios are important for your CFA level 1 exam. Here is an extensive list of these ratios. You can also download AnalystPrep ratio sheet by clicking on this link. Activity Ratios Activity ratios measure how efficiently a company performs day-to-day…