CFA Level I Prep: Topics & Practice
CFA Level I is the first of three exams toward the CFA charter. It's computer-based, with 180 multiple-choice questions across 10 topic areas — from ethics and quantitative methods to equity, fixed income, and portfolio management. Here's how it's structured — with realistic COSMIQ practice.
COSMIQ prepares you for the CFA Level I and administers realistic full-length mock tests — it does not administer the real exam or issue the CFA charter.
Frequently asked
What does CFA Level I cover?
Ten topic areas: ethics, quantitative methods, economics, financial statement analysis, corporate issuers, equity, fixed income, derivatives, alternative investments, and portfolio management.
How is CFA Level I formatted?
It's computer-based: 180 multiple-choice questions split across two 135-minute sessions, testing knowledge and comprehension of investment tools at the analyst level.