CFA® Program

Reading 51 – 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 helps…

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…

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…

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…

Reading 12 – Topics in Demand and Supply Analysis You will need to be able to calculate and explain the importance of Price Elasticity on the exam. Elasticity measures the sensitivity of one variable to another. If something is highly elastic, it…