Download our CFA level 1, 2 and 3 mock exam PDFs with answers! You may not need them if you have access to the FinQuiz question bank, both are. Mock Exam CFA The expected return on portfolio A is _____ if no arbitrage opportunities exist. Assuming no arbitrage opportunities exist, the risk-free rate of return must be _____. [PDF] CFA Level 1 Question Bank - Volume 1: Applicable for June and December CFA Exams - Questions ( CFA Essential Exam Material).

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Cfa Level 1 Question Bank Pdf

If your answer is incorrect or you omit a question, you receive 0 points. 1. George, a CFA candidate, works in the City. At a firm luncheon he meets Raoul, one of his colleagues An investor wants to deposit $ in a bank account. Cfa #level 1: essential #formulas bpp #learning media, View more on. Visit . CFA Level 1 exam practice questions available here. Practice away all you want . and difficulty level are similar to what candidates experience on the live. Investment Foundations examination. 1. The feature of a well-functioning investment.

Here is his advice for passing the CFA exams: 1. Know the format The morning session of Level I lasts three hours, with multiple-choice questions, followed by a two-hour break for lunch, then another three hours to complete an additional questions. The morning session of the Level III exam has short-answer essay questions that require candidates to make calculations. The afternoon is Item Set questions. Practice the lost art of penmanship You have to write down your answers by hand, which presents a challenge in an age of computers.

This data bank includes countless relevant questions with a wide range of answers and details so you can best prepare for the true CFA exam. Smart Summaries pages is a lot of material to study, and you only have so much time.

To properly study for the CFA Program, you need to condense the less critical aspects so you can focus on what truly matters. Our Level I of CFA Program summaries are constructed by experienced CFA Program test-takers, so that our summations are comprehensive on what will be tested to the minute detail, and relatively light on the less important materials.

Extensive Curriculum Notes Our notes are the best on the market, bar none.

Designed to supplement, not replace, your Level I materials, these notes will reinforce what you need to know so you are more fully prepared for the exam. Official CFA Program exams are more than just a list of questions: there is specific timing, style and procedure you will have to undergo when taking your exam.

Formula Sheets Level I is notorious for the diverse and complicated formulas you will need to memorize perfectly.

Customizable Study Plan Studying is about more than just cramming knowledge: you need proper pacing, follow-up and order to ensure full comprehension. FinQuiz includes a practical study plan designed for easy adjustment to your style and time constraints.

With this plan, you can be certain you absorb the material most efficiently. I am not sure I would have passed without them. I have cleared level III and give the credit to finquiz practice papers. Thanks again. Your item set practice questions are unlike anything else on the market, although difficult they prepared me for exam day. If you did not score as well as you would have hoped on the mock exam, use it as motivation to study harder but do not get too discouraged.


You may still have a very good chance at the June exam. The CFA Institute also makes short practice tests available. The tests are shorter than the mock exams and based on specific topics to help you focus your studying. More important than the relative difficulty of mock exams is how you should use them in your study for the actual CFA exam.

Mock exams serve two purposes for candidates. First, the obvious reason for mock exams is to test your mastery of the curriculum.

The mock exams include questions from each topic area, forcing you to draw from memory the entire curriculum. Many candidates are surprised, having only ever studied topic-based questions, how little they remember when they quiz themselves on the whole curriculum at once. If you do not take a mock exam, you may be surprised at how tired you get sitting for six-hours at an exam table. Taking the CFA exam takes mental and physical endurance and you really need to build up your stamina before the actual exam.

I recommend taking at least one CFA mock exam per week. If you do not have access to a mock exam, you can construct one through end-of-chapter or question bank problems. Take these tests at the beginning of your study week to see in which topics you are weakest and might need extra study throughout the week. Their online package is a complete garbage. We have enough to worry about Let them go to hell There are more than enough good study notes providers Who cares about Schweser Enough is enough with this HPzz I have a friend who attended Schweser's cfa course last yr.

He told me that more than half of his classmates fell the exam. I passed LI with textbooks and Schweser notes along with cfacenter practice exams. The Schweser notes were useful in a limited sense, as they gave me a concise summary of what the AIMR-mandated reading was. But for the amount of money Schweser charges, you're better off combining cfacenter with the books. Kevin photoshop Yeah, I also think the Schwester exercise too easy. I can get full score with that! Their notes are not as complete they don't give detailed explanations and seem to be brief mainly because i think they assume you know the info, or have had some knowledge of it in the past I think their videos are great.

I don't think it really matters what you have, its really the amount of time you study and the effort you put into it.

Cfa level 1 schweser question bank download

If two people using schweser and cfacenter both study for hours, they will have the same chance of passing. Schweser can be helpful ONLY if you have solid financial and accounting background because it is only an overview and there are not many detailed explainations. Nevil1 I passed Level I in June.

I read schweser notes. I felt they were too condensed. The practice questions online were too easy. DirtyHarry I agree with Stoyan. Schweser doesn't explain throughly.

CFA Level I Practice Questions

So, anyone read it, must have previous background in finance or accounting and economic. Many people will fail. Some used Schewser, some Stalla, some analystnotes, some go through all the readings. Many failures will blame the notes. I have even heard people blame the required course materials i. I passed all three exams in a row.

I also attended some courses expensive for the sake of getting some human conact - but they were pretty lame.

I agree with Wassup - study hard! And if you can't do it, it wasn't meant to be. I relied on the text books and practice exams to clear Level I in Dec You can't expect to clear CFA by studying help notes Schweser or anything else. Mine is a sad story! While I am not here to criticize Schweser notes for being poor and so forth, I attribute my failure to pass the exam on both occassions to 2 major factors i.

12 tips for passing the CFA exams from the man who writes the questions

I work in an investment bank and I easily spend a minimum of 12 hours a day in the office!! On worst case scenario, I even clock the same number of hours or more on weekends.

So I hardly have the time to flip through the notes, let alone grasp the concepts! I graduated with a degree in marketing management and Information systems.

How in the world I ended up in an investment bank crunching numbers and evaluating credit proposals is another story all together. I found the notes to be helpful, even though there was a lot of room for improvement. I thought the practice exams made by Schweser were not really tough enough, the explainations of some of the answers could certainly be better.