Plus, you may want to work through some examples and questions directly in the book. Therefore, it is more cost-effective for most people to purchase the printed Official CFA Level 1 Textbook because it would cost a small fortune to print 3, pages!
Therefore, this option is best for candidates who want to get into the minutiae of the exam contents. Many candidates find that the curriculum is too lengthy 3, pages! If you are looking for the best CFA Level I study material that will cover concepts more broadly, one of the prep books below may be a better option. That being said, it is still free when you register and can be great to use as supplemental content if you want a deeper dive on certain topics.
These are the most expensive Level I books available. But, if you have a larger budget, it may be more prudent to invest in a full CFA course instead, including a qbank, video instruction, and instructor help.
While these books can be cost-prohibitive for some candidates, many individuals consider it the best book for CFA level I. Similar to Schweser, the Wiley CFA books provide a high-level summary of the content presented in the curriculum. Finally, Wiley CFA has a solid team that has been making accounting and finance test prep for over 40 years. Wiley CFA has a large enough team to make consistent updates, and they definitely know how to best teach the concepts covered on the CFA exam.
Given the sheer magnitude of material you must know when preparing for your CFA Level I exam, you will want a prep book that can be covered quickly, and these certainly meet that criteria. Additionally, the books are straightforward to read and leave plenty of room for you to take notes. Similar to the Kaplan Schweser textbook, this is the version without online test prep and other study tools. A Smarter Way to Prep Color-Coded The color-coding feature, which makes it easier for you to follow cases and examples that make references to graphs and sets of financial statements.
Explanatory Graphs Most subjects, especially Economics, Portfolio Management and Fixed Income use plenty of figures and diagrams to illustrate important concepts. Our study guides include all those figures and additional commentary to make the material easily understandable. Click here for important information about rates and fees and to read the Citizens Line of Credit Agreement for full terms and conditions. Have a question?
Need help? Contact Us. Terms of Service. Privacy Policy. All rights reserved. That's hours or 60 days - that's just reading, it does not include reviewing, memorizing formulas or answering the questions at the end of each which is probably close to or over questions. This is when candidates start to panic and look for shortcuts to finishing the material. They read the post on analystnotes with the one person who claims they used only Schweser or AnalystNotes and passed forgetting that this is one person is the exception not the rule out or did not pass on their first try of the 50, people who wrote the exam - this number does not include candidates who signed up for the exam and decided not to write it.
Of this number 37, people failed. When you come across the threads here on the people who claim they passed using Schweser for example - ask yourself why Schweser doesn't post the number of people who pass the CFA exams using their prep course on their website. Candidates failed because they cut corners.
Don't look for the easy way out or you will be writing this exam again. At level I it feels like you will never finish the material, but you can - it takes hard work. Don't give up and don't cut corners.
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