CFA Level 1

MCQ Practice Course

Practice-driven CFA Level 1 prep covering Ethics, Quantitative Methods, Economics, FRA, Corporate Issuers, Equity, Fixed Income, Derivatives, Alternatives, and Portfolio Management.

1,338practice MCQs6learners10.0h of content
🎯 Instant explanations⚡ Start in 30 seconds

What you'll learn

  • Apply the CFA Institute Code of Ethics and Standards of Professional Conduct to realistic scenarios
  • Use quantitative methods including time value of money, probability, and hypothesis testing
  • Analyze micro- and macroeconomic concepts and their impact on financial markets
  • Interpret financial statements and perform ratio and cash flow analysis
  • Evaluate corporate decisions on capital budgeting, capital structure, and working capital
  • Value equity securities using discounted cash flow and relative valuation methods
  • Analyze fixed income instruments, yields, duration, and credit risk
  • Understand derivatives, alternative investments, and core portfolio management principles

Curriculum

Code of Ethics
  • Six Components
  • Ethical Responsibilities
Standards of Professional Conduct
  • Professionalism
  • Market Integrity
  • Duties to Clients
  • Duties to Employers
  • Investment Analysis
  • Conflicts of Interest
  • CFA Responsibilities
GIPS
  • Fundamentals
  • Compliance
  • Composite Construction
  • Disclosures
Application
  • Decision Framework
  • Case Application

About this course

The CFA Level 1 exam is the gateway to one of the most respected credentials in finance — and it's notoriously broad. This course is built for the way the exam is actually written: a relentless stream of multiple-choice questions that test conceptual clarity, formula fluency, and the ability to apply ideas under time pressure.

What you'll learn

  • Ethical and Professional Standards — Code of Ethics, Standards of Professional Conduct, GIPS, and applications
  • Quantitative Methods — time value of money, probability, statistics, hypothesis testing
  • Economics — micro, macro, international trade, and currency exchange rates
  • Financial Reporting and Analysis — income statement, balance sheet, cash flows, ratio analysis, inventories, long-lived assets, taxes
  • Corporate Issuers — capital budgeting, cost of capital, working capital, corporate governance
  • Equity Investments — markets, indexes, valuation models, industry analysis
  • Fixed Income — bond features, yield measures, term structure, credit analysis, securitized products
  • Derivatives — forwards, futures, options, swaps, and basic pricing
  • Alternative Investments — real estate, private equity, hedge funds, commodities, infrastructure
  • Portfolio Management — risk and return, modern portfolio theory, IPS basics

How it works

Each topic is broken into focused sub-topics and reinforced with carefully curated multiple-choice questions written in the style of the actual exam. You build conceptual understanding, formula recall, and exam-time judgement in parallel — exactly what Level 1 demands.

Who this is for

Candidates preparing for the CFA Level 1 exam, finance and commerce students looking for rigorous practice, and working professionals transitioning into investment management, equity research, or asset management roles.

What learners say

M
Megha J.

The Ethics section alone is worth it. Realistic scenarios that force you to apply the Standards instead of memorizing them — a huge confidence boost going into the exam.

S
Sneha K.

Cleared Level 1 on the first attempt. The Fixed Income and Derivatives sections here were sharper than most paid mock packs I tried.

R
Rahul D.

Used this alongside the official curriculum for my Level 1 prep. The Ethics and FRA questions were brutal in the best way — exactly the kind of traps the real exam sets.

Frequently asked questions

Other courses learners take