CFA® Level 1 Study Material 2021
CFA® level 1 study material 2021 - The Chartered Financial Analyst Institute has released their individual official study material for CFA®level 1 2021. Candidates can take guidance from official sources of study material 2021 by registering on the learning ecosystem. They can access study material, curriculum and other important details by registering for the CFA® Level 1 exam 2021. They can also take CFA®level 1 2021 study material from third party resources for CFA® level 1 exam 2021. There are official prep providers mentioned on the university website to provide preparation material for each subject for each country. The official study material for CFA® level 1 exam 2021 is sufficient and well-tailored for the examinations but the candidates should also pay special attention to the official exam pattern and syllabus available on the website to develop their CFA® level 1 study plan. Check the complete article to get more important information about CFA® level 1 study material 2021, syllabus, exam pattern and study schedules.
CFA® level 1 2021 Approved Prep Providers
The CFA® Institute has now released the CFA® level 1 exam study material 2021. Candidates can access the same by registering on the website and paying the CFA Level 1 registration fee. The study material is available in both online and on paper format.
The official website also provides a list of prep providers that can help the students in their preparation. Candidates can benefit from extra exam prep courses and materials. The approved prep providers follow the CFA® Institute guidelines and standards for their material so that the students can prepare their CFA® level 1 study plan. There are around 58 study material providers all around the world for CFA® level 1 exam study material 2021. The study material is available or can be collected in person. Candidates can find the approved prep providers on the official website on the following link:
CFA® Level 1 Exam Pattern 2021
CFA® Institute has released the CFA® Level 1 exam pattern and the main medium of exam will be computer-based in 2021. The exam duration, marking scheme, scheduling process and other details of the CFA Level 1 exam pattern is available on the main website. The exam pattern and syllabus is essential for the candidates to understand how the exam will be conducted and how to devote time to the exam. The important details about the exam pattern are mentioned below:
Exam Pattern of CFA Level 1
Mode of exam
Medium of exam
Type of questions
Number of questions
180 (90 in each session)
No negative marking
Exam Schedule for Both sessions
The CFA® level 1 computer-based exam will consist of 180 multiple choice questions divided between two 135-minute sessions. There will be an optional break between the sessions. Candidates have to take both the sessions to receive their exam result.
First session- 2 hours, 15 minutes
Second session- 2 hours, 15 minutes
CFA® Level 1 Syllabus
To prepare a CFA®level 1 study schedule, apart from the Best Study Material for CFA® level 1 Exam, a good understanding of the core curriculum is also required. The CFA® Institute has released the official syllabus of CFA® Level 1 through its website. The topics and their weightage will help the students prepare for the exams and find the appropriate CFA® Level 1 study material 2021. The core curriculum topics of CFA® Level 1 and their weightage has been given below:
Core Curriculum Topics
Ethical and Professional Standards
Financial Reporting and Analysis
Portfolio management and Wealth planning
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Frequently Asked Question (FAQs) - CFA® Level 1 Study Material 2021
Question: Are the CFA prep courses worth the money?
Yes, A good CFA prep material helps you to identify the strengths and weaknesses and allows you to prepare a proper study plan.
Question: What is the best possible way to study for a Level 1 CFA exam?
Familiarising with the core curriculum and dedicating at least 300 hours of study is a good way to study for the CFA exam. Good study materials and prep courses also go a long way in helping you.
Question: Who are the best study material and prep course providers for the CFA exam?
As per October 2020 reports the following are topmost study material providers for CFA:
Illumeo CFA® Review
The Princeton Review CFA®
Bloomberg CFA® Exam Prep
Question: How many hours are ideal to study for CFA level 1?
As per the CFA Institute, the average candidate spend about 300 hours of study for clearing the CFA level 1 exam.
Question: Does the CFA institute provide official test material?
Yes, the CFA Institute offers both online and in the paper study material. The material is available upon test registration. Most of the study material is free as the fee is adjusted with the registration fee.
Question: Is CFA level 1 hard?
Clearing the CFA exam requires a proper study plan and self-discipline. As per the usual passing rate of 43%, so yes the exams are relatively difficult.