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Study for CFA Level I 10x faster with AI

Cover ethics, financial statements, fixed income and every other Level I topic with a tutor that works each calculation through with you.

4.87en iOS13,917,000+estudiantes ya estudian con Kuest

topics
10
Questions
180 multiple choice
Sessions
Two × 135 minutes
Offered
Feb, May, Aug, Nov

See how Kuest teaches it

It asks before it tells, so you do the thinking and it sticks.

You: A bond pays a 6% annual coupon and the market yield for similar bonds is 5%. Will it trade at a premium or a discount?
Kuest: Imagine you're a buyer. Compared with new bonds yielding 5%, is a 6% coupon more or less attractive?
You: More attractive. It pays more each year.
Kuest: So buyers will compete for it. What does that do to its price relative to par?
You: The price goes above par until its yield drops to about 5%. So a premium.
Kuest: Exactly. When the coupon rate is above the market yield, the bond trades at a premium, and below it, at a discount.

Coupon above market yield means premium; coupon below means discount.

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students
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The method

How to study CFA Level I with Kuest

Level I covers a wide range of topics at moderate depth, so consistency matters more than cramming. Work through the curriculum in order, practice calculations until they're routine, and use spaced review so early topics like ethics stay sharp.

  1. Plan to your exam windowStudy plan

    Set your exam date and weekly hours and get a schedule across all ten topics with review weeks.

  2. Learn each readingTutor chat

    Ask about any concept, from duration to the Standards, and get it explained with a worked example.

  3. See the relationshipsGraphs

    Graph price-yield curves, efficient frontiers and supply and demand shifts to see how the variables move together.

  4. Memorize formulas and standardsFlashcards

    Turn formulas, ratios and ethics standards into flashcards with spaced review.

  5. Take timed mock sessionsMock exams

    Practice multiple-choice sets at the real pace of about a minute and a half per question.

  6. Find weak topicsGap finder

    See which topics you miss most, and give them more time before your exam window.

What you'll cover

Tap a topic to learn it now.

  1. 01How Level I worksKnow the two sessions, the question format and how topics are weighted.
  2. 02Ethical and Professional StandardsApply the Code of Ethics and Standards of Professional Conduct to scenarios.
  3. 03Quantitative MethodsUse time value of money, statistics, probability and hypothesis testing.
  4. 04EconomicsExplain market structures, business cycles, monetary and fiscal policy and currencies.
  5. 05Financial Statement AnalysisRead and adjust financial statements, inventories, long-lived assets and taxes.
  6. 06Corporate IssuersAnalyze governance, capital structure, working capital and investment decisions.
  7. 07Equity InvestmentsUnderstand markets, indexes, industry analysis and basic equity valuation.
  8. 08Fixed IncomePrice bonds, calculate yields and measure interest rate risk with duration.
  9. 09Derivatives and Alternative InvestmentsPrice forwards and options at a basic level and compare alternative asset classes.
  10. 10Portfolio ManagementApply risk and return, portfolio theory and the planning process.

Try asking

Tap a question and Kuest starts teaching it, step by step.

Helps you prepare for

  • CFA Level I

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  • Booked days in advance
  • One subject per session
  • Stops when the hour ends

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$10a month, billed yearly

  • Every subject and exam on this site
  • Any hour, as long as you need
  • Quizzes, flashcards, podcasts and mock exams

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