
CFA® Level 1 Prep & Practice
Exam Questions & Study Guide
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Study for the CFA® Program Level I exam with 3,000 original practice questions and a full 30-chapter study guide, all written for this app. Every question is in the three-choice format of the exam, and every one is explained step by step: the rule that applies, the working with the numbers, why each wrong choice is wrong, and what to watch for next time.
All ten topic areas of Level I are covered:
- Quantitative Methods
- Economics
- Corporate Issuers
- Financial Statement Analysis
- Equity Investments
- Fixed Income
- Derivatives
- Alternative Investments
- Portfolio Management
- Ethical and Professional Standards, including GIPS
EXPLANATIONS YOU CAN LEARN FROM
Each explanation is written as a worked solution, not a one-line answer key. The two distractors are diagnosed one by one, so a wrong pick tells you exactly which slip you made: compounding at the wrong frequency, using Macaulay instead of modified duration, mixing IFRS and US GAAP, forgetting the withdrawal in a safety-first threshold, and so on. A short exam note closes every question.
FIGURES AND CALCULATOR WORK
1,526 questions come with a figure drawn for that question: cash-flow timelines, payoff diagrams, probability trees, yield curves and worked tables computed from the question's own numbers. 1,115 calculation questions show the BA II Plus keystrokes line by line, from simple chains to the TVM, cash-flow (NPV and IRR), interest-conversion and statistics worksheets, and every keystroke sequence was checked against the answer.
A STUDY GUIDE BEHIND EVERY QUESTION
The built-in study guide has 30 chapters that explain the why behind each concept: the intuition first, then the definition, the formula, a worked example with exact numbers, and the traps the exam sets. It includes 436 diagrams and 370 illustrations. Every question links to the section of the guide it tests, so you can read the idea again right after a miss and return to the same question.
LECTURE VIDEOS
81 videos, about 28 hours with captions, teach all 30 chapters and pick up where you stopped.
HOW YOU STUDY
- Opening Bell: each morning's set mixes the reviews that are due with the next new questions, toward a daily goal you choose.
- Drills: 800 short sets of 3 to 5 questions, grouped by topic inside each chapter, each rated from AAA to BB as you improve.
- Review: questions you missed stay Unresolved until you answer them right; correct answers come back when they are going Stale, timed by spaced repetition.
- Pace Test: 10, 20 or 30 questions at the exam pace of 90 seconds each, by chapter, topic area or the whole curriculum, with a 70% target line.
- Full Book: all 3,000 questions in one shuffled order that you can stop and resume.
- Portfolio: Durability of what you've learned, chapter Holdings, your Underweight chapters, a session history and a study calendar.
- Pre-Market Question: an optional daily notification with one question.
ONE PURCHASE, NO SUBSCRIPTION
Before you buy, the first three drills of every chapter and the opening section of every study-guide chapter are open, plus the first video of each topic area. One purchase unlocks all 3,000 questions, the complete study guide, all videos, Pace Test and Full Book. Restore Purchase is in the purchase sheet and in Settings. Only the videos need a connection; no account is needed.
INDEPENDENT AND ORIGINAL
The questions are original and are not taken from the exam. CFA Institute does not publish its exam questions, and none are reproduced here; the app does not contain CFA Institute curriculum readings. Exam dates, fees, topic weights and eligibility change, so always check them with CFA Institute.
CFA Institute does not endorse, promote or warrant the accuracy or quality of the products or services offered by this app. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
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What's New in CFA® Level 1 Prep & Practice
1.0.1
November 8, 2026
New: 81 lecture videos, about 28 hours, covering all 30 chapters. Open them from Guide > Lectures, from any chapter in the guide, or from Topics. The first video of each topic area is free. Fixed: tapping a Pre-Market Question notification could close the app.
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$24.99
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All 3,000 questions and the full study guide








