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CFA Institute

CFA Level I

The most respected investment credential globally. Tests knowledge of ethics, analysis, and portfolio theory across all asset classes.

180 questions
270 min exam
10 topics

Course curriculum

1

Ethics & Professional Standards

15% of exam · 3 sections

Free
2

Quantitative Methods

10% of exam · 4 sections

3

Economics

10% of exam · 5 sections

4

Financial Reporting & Analysis

15% of exam · 5 sections

5

Corporate Finance

10% of exam · 3 sections

6

Equity Investments

11% of exam · 4 sections

7

Fixed Income

11% of exam · 3 sections

8

Derivatives

6% of exam · 4 sections

9

Alternative Investments

6% of exam · 4 sections

10

Portfolio Management

6% of exam · 4 sections

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Free first chapter
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About the Chartered Financial Analyst — Level I Exam

The Chartered Financial Analyst — Level I (CFA Level I) is administered by CFA Institute, with roughly ~100,000/yr candidates sitting it. The exam has 180 questions and a 4 hours 30 minutes time limit. The most respected investment credential globally. Tests knowledge of ethics, analysis, and portfolio theory across all asset classes.

AskBoudin covers all 10 exam areas with an AI tutor and unlimited AI-generated practice questions. Start free — the first chapter is on us. Study at your own pace and take full-length mock exams that mirror the real CFA Level I weighting.

Exam topics & weighting

CFA Level I — Frequently asked questions

How many questions are on the CFA Level I exam?

The Chartered Financial Analyst — Level I has 180 questions and a 4 hours 30 minutes time limit. AskBoudin generates unlimited fresh practice questions across all 10 exam topics, so you never run out of material.

What topics does the CFA Level I cover?

The exam covers 10 areas: Ethics & Professional Standards, Quantitative Methods, Economics, Financial Reporting & Analysis, Corporate Finance, Equity Investments, Fixed Income, Derivatives, Alternative Investments, Portfolio Management. Each is weighted toward the real exam blueprint.

Is CFA Level I prep free to start?

Yes. The first chapter is always free — study with the AI tutor and take practice questions before paying anything.

How does the AI tutor help me pass the CFA Level I?

Ask the tutor any concept in plain English and get an instant explanation, then generate a fresh practice set on the same topic. It is available 24/7, so you are never stuck waiting for an instructor.

Aligned to the CFA Institute Level I curriculum.

Free CFA Level I cheat sheets

Quick-reference summaries for each CFA Level I topic — key facts, formulas, and rules at a glance. Free to read.