CFA Level 1 Learning

Module Coverage

How to study?

Collapse all modules

Quantitative Methods

0 modules0 min

866

Economics

866

Corporate Finance

866

Financial Statement Analysis

866

Equities

866

Fixed Income

866

Derivatives

866

Alternative Investments

866

Portfolio Construction

866

Ethics and Professional Standards

866

Prerequisites (Texas Instruments BA II Plus setup and Time Value of Money)

0 lessons0 min

Revision

No content is available

Curriculum walkthrough & Question crunch

Free

Formatting the Texas Instruments BA II Plus calculator for the CFA exam

10 min

Free

Formatting the Texas Instruments BA II Plus calculator for the CFA exam

10 min

Free

Time Value of Money (TVM) - computing Future Value

13 min

Free

Time Value of Money (TVM) - computing Future Value

13 min

Free

Time Value of Money (TVM) - computing Present Value

8 min

Free

Time Value of Money (TVM) - computing Present Value

8 min

Free

Time Value of Money (TVM) - computing the number of periods

3 min

Free

Time Value of Money (TVM) - computing the number of periods

3 min

Free

Time Value of Money (TVM) – computing the rate of interest

6 min

Free

Time Value of Money (TVM) – computing the rate of interest

6 min

Free

Time Value of Money (TVM) - annuities

13 min

Free

Time Value of Money (TVM) - annuities

13 min

Free

Time Value of Money (TVM) - perpetuities

4 min

Free

Time Value of Money (TVM) - perpetuities

4 min

Free

Time Value of Money (TVM) - unequal cash flows using the CF worksheet

11 min

Free

Time Value of Money (TVM) - unequal cash flows using the CF worksheet

11 min

Free

Time Value of Money (TVM) - computing PMT

4 min

Free

Time Value of Money (TVM) - computing PMT

4 min

Free

Time Value of Money (TVM) - solving more complex TVM problems

6 min

Free

Time Value of Money (TVM) - solving more complex TVM problems

6 min

Learning Module 1. Returns of Financial Assets and Instruments

0 lessons0 min

Revision

No content is available

Curriculum walkthrough & Question crunch

Bronze

Total return and its components

17 min

Bronze

Total return and its components

17 min

Bronze

Arithmetic and geometric returns

26 min

Bronze

Arithmetic and geometric returns

26 min

Bronze

Compounding

23 min

Bronze

Compounding

23 min

Silver

Question Crunch: Financial returns

12 min

Silver

Question Crunch: Financial returns

12 min

Bronze

Required rate of return

16 min

Bronze

Required rate of return

16 min

Bronze

Common return measures

33 min

Bronze

Common return measures

33 min

Learning Module 2. Types of Financial Returns

0 lessons0 min

Revision

No content is available

Curriculum walkthrough & Question crunch

Bronze

Types of returns

1 h 6 min

Bronze

Types of returns

1 h 6 min

Bronze

Risks and returns

30 min

Bronze

Risks and returns

30 min

Learning Module 3. Benchmarking Returns

0 lessons0 min

Revision

No content is available

Curriculum walkthrough & Question crunch

Free

MWR and TWR – money-weighted and time-weighted rates of return

46 min

Free

MWR and TWR – money-weighted and time-weighted rates of return

46 min

Bronze

Investment applications of MWR and TWR

15 min

Bronze

Investment applications of MWR and TWR

15 min

Silver

Question Crunch: MWR and TWR

52 min

Silver

Question Crunch: MWR and TWR

52 min

Bronze

Index definition and construction

45 min

Bronze

Index definition and construction

45 min

Index management

Coming soon

Learning Module 4. The Time Value of Money in Finance

0 lessons0 min

Revision

No content is available

Curriculum walkthrough & Question crunch

The time value of money in fixed income and equity

Coming soon

Implied return and growth

Coming soon

Cash flow additivity

Coming soon

Learning Module 5: Statistical Characteristics of Asset Returns

0 lessons0 min

Revision

No content is available

Curriculum walkthrough & Question crunch

Bronze

Measures of central tendency

13 min

Bronze

Measures of central tendency

13 min

Free

Properties of the arithmetic mean

11 min

Free

Properties of the arithmetic mean

11 min

Free

Mode and median

5 min

Free

Mode and median

5 min

Bronze

Dealing with outliers

10 min

Bronze

Dealing with outliers

10 min

Free

Quartiles and quintiles

7 min

Free

Quartiles and quintiles

7 min

Free

Deciles and percentiles

3 min

Free

Deciles and percentiles

3 min

Bronze

Measures of location continued

13 min

Bronze

Measures of location continued

13 min

Bronze

Range and Mean Absolute Deviation - MAD

11 min

Bronze

Range and Mean Absolute Deviation - MAD

11 min

Bronze

Median absolute deviation

8 min

Bronze

Median absolute deviation

8 min

Bronze

Variance and standard deviation

38 min

Bronze

Variance and standard deviation

38 min

Bronze

Measures of the shape of a disrtibution

21 min

Bronze

Measures of the shape of a disrtibution

21 min

Bronze

Covariance and correlation

39 min

Bronze

Covariance and correlation

39 min

Bronze

Other dispersion measures

16 min

Bronze

Other dispersion measures

16 min

Learning Module 6: Statistical Distributions for Financial Asset Prices and Returns

0 lessons0 min

Revision

No content is available

Curriculum walkthrough & Question crunch

Bronze

Random variables

29 min

Bronze

Random variables

29 min

Bronze

Unconditional expectations, variance and covariance

24 min

Bronze

Unconditional expectations, variance and covariance

24 min

Bronze

Discrete statistical distributions

46 min

Bronze

Discrete statistical distributions

46 min

Continuous statistical distributions

Coming soon

Joint distributions and conditional expectations

Coming soon

Conditional expectations, variance and covariance

Coming soon

Bayesian updating

Coming soon

CFA Level 1 Learning

Module Coverage

How to study?

Quantitative Methods

0 modules0 min

Collapse all modules

Prerequisites (Texas Instruments BA II Plus setup and Time Value of Money)
0 lessons0 min
Learning Module 1. Returns of Financial Assets and Instruments
0 lessons0 min
Learning Module 2. Types of Financial Returns
0 lessons0 min
Learning Module 3. Benchmarking Returns
0 lessons0 min
Learning Module 4. The Time Value of Money in Finance
0 lessons0 min
Learning Module 5: Statistical Characteristics of Asset Returns
0 lessons0 min
Learning Module 6: Statistical Distributions for Financial Asset Prices and Returns
0 lessons0 min

CFA Level 1 Learning

Module Coverage

How to study?

Quantitative Methods

0 modules0 min

Collapse all modules

Prerequisites (Texas Instruments BA II Plus setup and Time Value of Money)
0 lessons0 min
Learning Module 1. Returns of Financial Assets and Instruments
0 lessons0 min
Learning Module 2. Types of Financial Returns
0 lessons0 min
Learning Module 3. Benchmarking Returns
0 lessons0 min
Learning Module 4. The Time Value of Money in Finance
0 lessons0 min
Learning Module 5: Statistical Characteristics of Asset Returns
0 lessons0 min
Learning Module 6: Statistical Distributions for Financial Asset Prices and Returns
0 lessons0 min

Let me Explain is a CFA Institute Prep Provider. Only CFA Institute Prep Providers are permitted to make use of CFA Institute copyrighted materials which are the building blocks of the exam. We are also required to create / use updated materials every year and this is validated by CFA Institute. Our products and services substantially cover the relevant curriculum and exam and this is validated by CFA Institute. In our advertising, any statement about the numbers of questions in our products and services relates to unique, original, proprietary questions. CFA Institute Prep Providers are forbidden from including CFA Institute official mock exam questions or any questions other than the end of reading questions within their products and services. CFA Institute does not endorse, promote, review or warrant the accuracy or quality of the product and services offered by Let me Explain. CFA Institute®, CFA® and “Chartered Financial Analyst®” are trademarks owned by CFA Institute.

Read more

Copyright © Let me Explain 2026

Designed by Unikorns

Let me Explain is a CFA Institute Prep Provider. Only CFA Institute Prep Providers are permitted to make use of CFA Institute copyrighted materials which are the building blocks of the exam. We are also required to create / use updated materials every year and this is validated by CFA Institute. Our products and services substantially cover the relevant curriculum and exam and this is validated by CFA Institute. In our advertising, any statement about the numbers of questions in our products and services relates to unique, original, proprietary questions. CFA Institute Prep Providers are forbidden from including CFA Institute official mock exam questions or any questions other than the end of reading questions within their products and services. CFA Institute does not endorse, promote, review or warrant the accuracy or quality of the product and services offered by Let me Explain. CFA Institute®, CFA® and “Chartered Financial Analyst®” are trademarks owned by CFA Institute.

Read more

Copyright © Let me Explain 2026

Designed by Unikorns

Let me Explain is a CFA Institute Prep Provider. Only CFA Institute Prep Providers are permitted to make use of CFA Institute copyrighted materials which are the building blocks of the exam. We are also required to create / use updated materials every year and this is validated by CFA Institute. Our products and services substantially cover the relevant curriculum and exam and this is validated by CFA Institute. In our advertising, any statement about the numbers of questions in our products and services relates to unique, original, proprietary questions. CFA Institute Prep Providers are forbidden from including CFA Institute official mock exam questions or any questions other than the end of reading questions within their products and services. CFA Institute does not endorse, promote, review or warrant the accuracy or quality of the product and services offered by Let me Explain. CFA Institute®, CFA® and “Chartered Financial Analyst®” are trademarks owned by CFA Institute.

Read more