# Chartered Financial Analyst (CFA): Exam Prep & Study Guide

• Course type: Self-paced
• Available Lessons: 118
• Average Lesson Length: 8 min
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chapter 1 / lesson 1
How to Pass the CFA Level 1 Exam

### Course Summary

Prepare for the Chartered Financial Analyst (CFA) exam with this effective and convenient test prep course. The course's fun lessons and practice quizzes are designed to help you efficiently prepare for the exam, master important financial concepts and earn a high score.
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#### 16 chapters in Chartered Financial Analyst (CFA): Exam Prep & Study Guide

Week {{::cp.getGoalWeekForTopic(2, 16)}}
Ch 3. Quantitative Methods in Finance {{cp.topicAssetIdToProgress[351793].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Present and Future Value: Calculating the Time Value of Money
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Lesson 2 - Discounted Cash Flow, Net Present Value & Time Value of Money
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Lesson 3 - Basic Probability Theory: Rules & Formulas
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Lesson 4 - Probability Distribution: Definition, Formula & Example
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Lesson 5 - What Is Descriptive Statistics? - Examples & Concept
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Lesson 6 - Probability Sampling Methods: Definition & Types
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Lesson 7 - Point Estimate in Statistics: Definition, Formula & Example
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Lesson 8 - What is Hypothesis Testing? - Definition, Steps & Examples
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Lesson 9 - Correlation: Definition, Analysis & Examples
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Lesson 10 - Regression Analysis: Definition & Examples
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Lesson 11 - Time Series Analysis & Its Applications
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Lesson 12 - What is Stock Market Technical Analysis?
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Week {{::cp.getGoalWeekForTopic(3, 16)}}
Ch 4. Overview of Economics in the Financial Market {{cp.topicAssetIdToProgress[351797].percentComplete}}% complete
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Lesson 1 - Financial Markets: Types & Characteristics
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Lesson 2 - Causes of Supply and Demand Changes in Microeconomics
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Lesson 3 - Using Market Forces to Manipulate Supply and Demand
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Lesson 4 - The Business Cycle: Economic Performance Over Time
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Lesson 5 - Factors Affecting Business Cycles
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Lesson 6 - Inflation: Definition, Types, Causes & Effects
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Lesson 7 - What Is Economic Growth and Development? - Definition, Theories & Indicators
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Week {{::cp.getGoalWeekForTopic(4, 16)}}
Ch 5. Domestic Economic Concepts {{cp.topicAssetIdToProgress[351805].percentComplete}}% complete
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Lesson 1 - Overview of the Gross Domestic Product
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Lesson 2 - How to Calculate Real GDP Growth Rates
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Lesson 3 - Monetary Policy & The Federal Reserve System
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Lesson 4 - How Fiscal Policy and Monetary Policy Affect the Economy
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Lesson 5 - Governmental Regulation & Deregulation of the Economy
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Lesson 6 - The Cost and Benefits of Regulation in Business
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Week {{::cp.getGoalWeekForTopic(5, 16)}}
Ch 6. International Trade & Currency Exchange {{cp.topicAssetIdToProgress[351807].percentComplete}}% complete
Course Progress Best Score
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Lesson 2 - Net Exports, Capital Flows and Trade Balance
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Score: {{cp.lessonAssetIdToProgress[32211].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32211].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Foreign Currency Exchange: Supply and Demand for Currency
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Lesson 5 - Exchange Rates & Currency Conversion
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Week {{::cp.getGoalWeekForTopic(6, 16)}}
Ch 7. Overview of Financial Reporting & Analysis {{cp.topicAssetIdToProgress[351809].percentComplete}}% complete
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Lesson 1 - What Is Financial Reporting? - Purpose, Statement Examples & Analysis
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Lesson 2 - International Financial Reporting Standards (IFRS)
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Lesson 3 - Differences Between GAAP & IFRS
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Lesson 4 - Standards for Comparison in Financial Statement Analysis
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Lesson 5 - Defining and Applying Financial Ratio Analysis
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Lesson 6 - Financial Statement Analysis: Definition, Purpose, Elements & Examples
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Lesson 7 - Issues with Financial Statement Analysis
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Week {{::cp.getGoalWeekForTopic(7, 16)}}
Ch 8. Types of Financial Reporting & Analysis {{cp.topicAssetIdToProgress[351811].percentComplete}}% complete
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Lesson 1 - Financial Reporting & Inventory Analysis
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Lesson 2 - Financial Reporting & Long-Lived Asset Analysis
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Lesson 3 - Using Financial Analysis to Rate Debt
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Lesson 4 - What Is Off-Balance Sheet Financing? - Definition & Uses
Score: {{cp.lessonAssetIdToProgress[242965].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[242965].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - What is a Business Combination? - Definition & International Implications
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Week {{::cp.getGoalWeekForTopic(8, 16)}}
Ch 9. Understanding Corporate Finance {{cp.topicAssetIdToProgress[351827].percentComplete}}% complete
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Lesson 1 - What is Corporate Governance? - Definition & Key Players
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Lesson 2 - The Role and Responsibilities of Financial Managers
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Lesson 3 - Financial Management Decisions & Corporate Financial Health
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Lesson 4 - What Are Dividends? - Investing in Stocks
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Lesson 5 - Cash Dividends & Dividend Payment
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Lesson 6 - What is a Dividend Policy? - Overview, Components & Goal
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Lesson 7 - Project Cash Flow: Analysis & Examples
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Lesson 8 - Risk Analysis & Risk Management in Business: Overview, Objectives & Comparison
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Lesson 9 - Financial Risk: Types, Examples & Management Methods
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Lesson 10 - Capital Structure & the Cost of Capital
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Lesson 11 - What is Working Capital Management? - Definition & Examples
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Lesson 12 - Corporate Expansion: Mergers and Acquisitions
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Lesson 13 - Corporate Expansion & Restructuring: Types & Impacts
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Week {{::cp.getGoalWeekForTopic(9, 16)}}
Ch 10. Equity Investments {{cp.topicAssetIdToProgress[351837].percentComplete}}% complete
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Lesson 1 - What Is Equity Financing? - Definition, Pros, Cons & Examples
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Lesson 2 - Calculating Total Equity: Definition & Formula
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Lesson 3 - Stock Market: Definition & Indices
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Lesson 4 - Securities Markets and Investment Bankers
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Lesson 5 - Equity Valuation: Definition & Process
Score: {{cp.lessonAssetIdToProgress[351839].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[351839].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - How to Calculate the Return on Equity: Definition, Formula & Example
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Lesson 7 - Fundamental Analysis: Definition & Examples
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Lesson 8 - Closely Held Companies & Inactively Traded Securities
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Week {{::cp.getGoalWeekForTopic(10, 16)}}
Ch 11. Fixed-Income Securities {{cp.topicAssetIdToProgress[351847].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Fixed-Income Securities: Definition & Types
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Lesson 2 - Bonds: Types, Characteristics and Issuing Procedures
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Lesson 3 - Government Securities: Definition, Types & Examples
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Lesson 4 - Bond Markets: Analysis & Strategies
Score: {{cp.lessonAssetIdToProgress[69829].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[69829].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Bond Valuation: Formula, Steps & Examples
Score: {{cp.lessonAssetIdToProgress[251559].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251559].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Term Structure of Interest Rates: Definition & Overview
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Lesson 7 - Interest Rate Risk: Definition, Formula & Models
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Lesson 8 - What is Credit Risk? - Definition & Examples
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Lesson 9 - Credit Risk Management Methods
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Lesson 10 - Yield Spread: Definition & Measure Types
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Lesson 11 - How Option Characteristics Affect Securities Prices
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Week {{::cp.getGoalWeekForTopic(11, 16)}}
Ch 12. Derivatives in Finance {{cp.topicAssetIdToProgress[351863].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Derivative Markets: Types & Characteristics
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Lesson 2 - What is a Forward Contract? - Definition & Examples
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Lesson 3 - What are Futures Contracts? - Definition & Examples
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Lesson 4 - Valuation of Futures Contracts
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Lesson 5 - What Is an Option Contract? - Example & Definition
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Lesson 6 - Fundamentals of Option Valuation
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Lesson 7 - What is a Swap Contract? - Definition & Examples
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Lesson 8 - Uses of Derivatives in Portfolio Management
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Week {{::cp.getGoalWeekForTopic(12, 16)}}
Ch 13. Alternative Investments {{cp.topicAssetIdToProgress[351877].percentComplete}}% complete
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Lesson 1 - Alternative Investments: Definition, Benefits & Drawbacks
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Lesson 2 - Property Valuation: Definition & Principles
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Lesson 3 - Private Equity: Definition & Valuation
Score: {{cp.lessonAssetIdToProgress[351879].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[351879].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Venture Capital: Definition & Valuation
Score: {{cp.lessonAssetIdToProgress[351881].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[351881].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Angel Investors vs. Venture Capitalists
Score: {{cp.lessonAssetIdToProgress[82220].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82220].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - What Is a Hedge Fund? - Definition, Structure & Examples
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Lesson 7 - Hedge Funds Strategies
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Lesson 8 - Distressed Securities: Definition & Use
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Week {{::cp.getGoalWeekForTopic(13, 16)}}
Ch 14. Overview of Portfolios {{cp.topicAssetIdToProgress[351891].percentComplete}}% complete
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Lesson 1 - Basic Components of Portfolio Management
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Lesson 2 - Modern Portfolio Theory: Definition & Examples
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Lesson 3 - Investment Portfolios: Development & Analysis
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Lesson 4 - Investment Portfolios: Asset Allocation & Diversification
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Lesson 5 - Behavioral Finance: Definition & Applications
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Lesson 6 - Quantitative Behavioral Finance: Definition & Methods
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Week {{::cp.getGoalWeekForTopic(14, 16)}}
Ch 15. Portfolio Management Strategies {{cp.topicAssetIdToProgress[351895].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Goals of Portfolio Management
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Lesson 2 - Managing Individual or Family Investor Portfolios
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Lesson 3 - Investment Styles in Portfolio Performance Management
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Lesson 4 - Change Management Techniques for Portfolio Management
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Lesson 5 - Using Change Analysis to Refine Portfolio Roadmaps
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Lesson 6 - How to Reduce Investment Risks
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Lesson 7 - Portfolio Risk Management & Risk Management Plan
Score: {{cp.lessonAssetIdToProgress[222033].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[222033].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Taxes on Investments: Types, Rates & Examples
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Lesson 9 - Trading Strategies Overview
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Practice Tests in this course
Check your knowledge of this course with a 50-question practice test. Once you take the test, you will receive a detailed exam report complete with your personal statistics and even specific lessons to focus on!
Your detailed study guide will include:
• Answers and detailed explanations to each question
• Video lessons to explain complicated concepts
Course Practice Test
Chartered Financial Analyst (CFA): Exam Prep & Study Guide
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