Free CFA Level 1 Practice Questions

Overview

The CFA Level 1 exam tests your knowledge across ten topic areas, with a focus on investment tools and ethical standards. The computer-based exam consists of two sessions of 90 multiple-choice questions each, totaling 180 questions. Each session is 2 hours and 15 minutes, with an optional break between sessions.

Subject Areas

• Ethical and Professional Standards
• Quantitative Methods
• Economics
• Financial Statement Analysis
• Corporate Issuers
• Equity Investments
• Fixed Income
• Derivatives
• Alternative Investments
• Portfolio Management and Wealth Planning

About Our Practice Questions

These practice questions aim to reflect the format and style you'll encounter in your CFA Level 1 exam. They follow the same development process, providing a realistic preview of the exam experience. While we offer 180 practice questions per session, they cover only a portion of the CFA Level 1 curriculum. Consider them a study aid rather than a complete mock exam, as they can't fully replicate the timed conditions of the actual CFA exam.

Time Management

Time management is important for success in the CFA Level 1 exam. With 2 hours and 15 minutes allocated for each 90-question session, you'll have approximately 1.5 minutes per question. Some questions may require more detailed calculations or analysis than others, so practice adjusting your pace accordingly.

Using This Resource

Our question bank contains over 1,100 practice questions. Each time you refresh your browser, you'll see a new selection of questions. While this means you can't save your progress, it allows you to practice extensively with different scenarios at your own pace.