Reading 58: Introduction to Alternative Investments The CFA Program 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…

Reading 36 – 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…

Reading 42 – 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 is a major part of the CFA Program curriculum at all three levels, so it is very important to learn this material well.  CFA Institute places a high value on ethics, and even uses scores on…

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…

There’s no getting around it, financial reporting and analysis is a big part of the CFA level 1 curriculum, and there is a lot of material with which you’ll need to become familiar. As one of the largest sections of…

After months of studying and brainstorming, the last thing you would wish for yourself is to lose steam on exam day because of stress and pressure. In order to avoid this, you would desire to know some vital secrets that would…

Your chances of passing the Level I CFA exam on the first attempt are about one-in-three. That number is even less if you are not a native English speaker or if you are taking the exam outside of the US…

If you are reading this post, there is a high chance that you are a level I candidate just like I was a few years back. You are also probably a fast learner and an ambitious young professional like most…

Reading 6 – The Time Value of Money The Time Value of Money is an important concept for the level 1 exam. You will need to be comfortable discounting the Present Value and Future Value of cash flows for individual…