CFA Guide
CFA Guide
CFA Guide
REVISE
Chronology of Study
https://300hours.com/cfa-level-1-study-order/#recommended-study-plan-for-cfa-level-1-topics-2
021-and-2022s-curriculum
Calculator Tips
Set you calculator to floating decimal and set time period to 1
https://300hours.com/ba-ii-plus-guide/
Resources to study
NOTES:
CFA Curriculum -
https://www.cfainstitute.org/en/programs/cfa/candidate/downloadable-curriculum
Economics-
● Lectures: https://youtube.com/playlist?list=PLcmt2ZfkV0M3nW2hu3RO3hEhgabi8jN2F
● Entire Syllabus
https://analystprep.com/cfa-level-1-exam/economics/learning-sessions-curriculum-econo
mics/
Quant
● Statistics/probability : https://www.youtube.com/channel/UCiHi6xXLzi9FMr9B0zgoHqA
● Z-Scores, Standardization, and the Standard Normal Distribution - thematic
understanding
● Normal Distribution
● Covariance Matrix - https://www.youtube.com/watch?v=152tSYtiQbw
●
Why we use negative values for SFRatio- brillian analyst forum explaination
FRA
● Inventory Write downs and effect on end inventory, COGS, NI,
https://www.netsuite.com/portal/resource/articles/inventory-management/inventory-write-
down.shtml
● Direct method -
https://accountingsuperpowers.com/financial-statements/cash-flow-statement/cash-flow-
statement-direct-method/
●
Ethics
● Cheat Sheet;)
https://300hours.com/cfa-level-1-ethics-cheat-sheet/
● Must Read Tips- https://ipassfinanceexams.com/cfa-ethics-level-1-tips/
●
●
Fixed Income
● Summaries
https://www.youtube.com/playlist?list=PLcmt2ZfkV0M1Wz5v1WrT26B1iyBT32NZL
●
AIF
GOOD QUESTION (incentive fee cal. net of hurdle rate when high water mark given) AIF CFA
Q.51
Q 67 = Incentive fee = (Year-end value – High water mark) × Incentive fee %
Resources to Practice
MOCK
Tests- https://300hours.com/heres-a-free-practice-test-for-all-cfa-level-i-candidates/
ALL IN ONE: https://www.uworld.com/app/index.html#/login/
Quizzes: https://app.analystprep.com/beforestart/36060
Revision
UWorld Notes/flash cards (esp ethics)
Highlighted and Low confidence - CFA website.
Best Tips
● Start using the calculator as soon as you start studying
● Use Algebraic Operating System (AOS) instead of Chain Method (CHN
Screen should show ‘AOS’. If not just repeat the keystrokes.Set your calculation method to
Algebraic Operating System (AOS).
The chain method (Chn) however, will show 35. We recommend AOS method setup to avoid
confusion.