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    FSRKAM+555
    4.7 / 5
    Join 500+ candidates who cleared this exam

    Prepare to pass CFA Level 1 on your first attempt

    Practise full-length mocks and topic-wise questions, with a clear explanation for every answer so each mistake teaches you something.

    Get my prep pack
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    Alternative Investments
    High water marks serve to:

    See how CFA Level 1 candidates prepared with OneQuest

    Aarav S.CFA L1 candidate
    “Used this for CFA L1 in Feb. Ethics is where most people bleed marks and the case questions here are actually quite tricky — in a good way. Did them every day the final week. Felt more confident going in.”
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    “Used this for CFA L1 in Feb. Ethics is where most people bleed marks and the case questions here are actually quite tricky — in a good way. Did them every day the final week. Felt more confident going in.”

    Ananya MehtaCFA L1 candidate
    “Sat two full mocks back-to-back. Timing felt brutal in the first one, but the second was much closer to exam day. Ethics vignettes were especially useful.”
    Pooja G.CFA L1 candidate
    “Fixed income finally makes sense lol. Was confused about duration for literally weeks and then it just clicked after practising here. Such a relief!”
    Rohan KCFA L1 candidate
    “Quant and FRA were harder than my notes suggested, which I needed. Wish there were a few more derivatives questions, but overall solid prep.”
    Nisha P.CFA L1 candidate
    “FRA practice was good. accounting always scared me but the explanations here made it click. cleared L1 so something worked.”
    Harsh B.CFA L1 candidate
    “Really liked the derivatives section! Options payoffs especially. One of the better practice sets I came across for L1.”
    Divya N.CFA L1 candidate
    “Used this alongside Schweser — theory from there, practice questions from here. That combination worked really well.”
    Aradhya SCFA L1 candidate
    “I loved the analytics part, how it not just breakdown topicwise, but also LOS wise. Helped with targeted study”

    How you’ll prepare

    Why is “Prevent investors from paying twice for the…” the right answer?
    QuestAI

    A high-water mark means the manager earns an incentive fee only on gains that take the fund's value above its previous peak.

    Doubts answered as you study

    Ask QuestAI to explain the concept behind any answer, right where you got stuck.

    01:24:36left
    1234567891011121314151617181920
    Fixed Income

    A key metric for revenue bonds is the:

    • Aoperating profit ratio.
    • Bdebt ratio.
    • Cdebt service coverage ratio.

    Timed mock tests

    Exam-style papers on a running clock, with topic-level results after every attempt.

    68%Latest mock
    Score by mock+16
    Mock 1Mock 4

    Watch your score climb

    See how each mock compares with the last, so you know your prep is working.

    Quantitative Methods48%
    Economics62%
    Corporate Issuers76%
    Financial Statement Analysis84%

    Find your weak areas

    Topic-level results show where to spend your next study session.

    CFA L1 Formula Sheet

    Quantitative Methods

    Economics

    Corporate Issuers

    CFA L1 Revision Notes

    Prevent investors from paying…

    A high-water mark means the manager earns an incentive fee only on gains that take the fund's value above its previous…

    Economics

    Corporate Issuers

    Notes and formula sheets

    Keep your references next to your practice and revise them between mocks.

    What’s included

    Your mocks, study tools and support, in one prep pack.

    Mock tests5 tests
    • CFA Level 1 mock test 1
      In the pack
    • CFA Level 1 mock test 2
      In the pack
    • CFA Level 1 mock test 3
      In the pack
    • CFA Level 1 mock test 4
      In the pack
    • CFA Level 1 mock test 5
      In the pack
    Notes2 PDFs
    • CFA L1 Revision Notes
      In the pack
    • CFA L1 Formula Sheet
      In the pack
    Practice questions3800+ questions
    • Practice question bank
      In the pack
    QuestAIAI assistant
    • QuestAI
      In the pack

    AI explanations support your study; check important points against the official material.

    Performance analyticsTopic-level insights

    See your topic-level results and track your mock scores as you practise.

    WhatsApp supportDoubt solving

    Chat with our team for doubts, technical issues, or help choosing a plan. Chat on WhatsApp

    Mock Test Series
    CFA L1
    Exam-level difficulty
    ₹3499₹499930% off

    Limited-time offer

    This course includes:

    5 full-length mock tests
    3800+ practice questions
    QuestAI for conceptual doubts
    Study notes & formula sheets (2 PDFs)
    Doubt solving on WhatsApp
    Performance analytics to identify weak areas
    Access valid for 6 months

    7-day refund

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    Your first week is on us to prove it

    Take a mock. Try topic practice. Read the explanations. If the pack isn’t helping your prep, request a full refund within 7 days of purchase.

    Start with confidence

    Syllabus covered

    10 sections · 93 topics · mock tests & practice

    Quantitative Methods11 topics
    • Rates and Returns
    • Time Value of Money in Finance
    • Statistical Measures of Asset Returns
    • Probability Trees and Conditional Expectations
    • Portfolio Mathematics
    • Simulation Methods
    • Estimation and Inference
    • Hypothesis Testing
    • Parametric and Non-Parametric Tests of Independence
    • Simple Linear Regression
    • Introduction to Big Data Techniques
    Economics8 topics
    • The Firm and Market Structures
    • Understanding Business Cycles
    • Fiscal Policy
    • Monetary Policy
    • Introduction to Geopolitics
    • International Trade
    • Capital Flows and the FX Market
    • Exchange Rate Calculations
    Corporate Issuers7 topics
    • Organizational Forms, Corporate Issuer Features, and Ownership
    • Investors and Other Stakeholders
    • Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits
    • Working Capital and Liquidity
    • Capital Investments and Capital Allocation
    • Capital Structure
    • Business Models
    Financial Statement Analysis12 topics
    • Introduction to Financial Statement Analysis
    • Analyzing Income Statements
    • Analyzing Balance Sheets
    • Analyzing Statements of Cash Flows I
    • Analyzing Statements of Cash Flows II
    • Analysis of Inventories
    • Analysis of Long-Term Assets
    • Topics in Long-Term Liabilities and Equity
    • Analysis of Income Taxes
    • Financial Reporting Quality
    • Financial Analysis Techniques
    • Introduction to Financial Statement Modeling
    Equity Investments8 topics
    • Market Organization and Structure
    • Security Market Indexes
    • Market Efficiency
    • Overview of Equity Securities
    • Company Analysis: Past and Present
    • Industry and Competitive Analysis
    • Company Analysis: Forecasting
    • Equity Valuation: Concepts and Basic Tools
    Fixed Income19 topics
    • Fixed-Income Instrument Features
    • Fixed-Income Cash Flows and Types
    • Fixed-Income Issuance and Trading
    • Fixed-Income Markets for Corporate Issuers
    • Fixed-Income Markets for Government Issuers
    • Fixed-Income Bond Valuation: Prices and Yields
    • Yield and Yield Spread Measures for Fixed-Rate Bonds
    • Yield and Yield Spread Measures for Floating-Rate Instruments
    • The Term Structure of Interest Rates: Spot, Par, and Forward Curves
    • Interest Rate Risk and Return
    • Yield-Based Bond Duration Measures and Properties
    • Yield-Based Bond Convexity and Portfolio Properties
    • Curve-Based and Empirical Fixed-Income Risk Measures
    • Credit Risk
    • Credit Analysis for Government Issuers
    • Credit Analysis for Corporate Issuers
    • Fixed-Income Securitization
    • Asset-Backed Security (ABS) Instrument and Market Features
    • Mortgage-Backed Security (MBS) Instrument and Market Features
    Derivatives10 topics
    • Derivative Instrument and Derivative Market Features
    • Forward Commitment and Contingent Claim Features and Instruments
    • Derivative Benefits, Risks, and Issuer and Investor Uses
    • Arbitrage, Replication, and the Cost of Carry in Pricing Derivatives
    • Pricing and Valuation of Forward Contracts and for an Underlying with Varying Maturities
    • Pricing and Valuation of Futures Contracts
    • Pricing and Valuation of Interest Rates and Other Swaps
    • Pricing and Valuation of Options
    • Option Replication Using Put-Call Parity
    • Valuing a Derivative Using a One-Period Binomial Model
    Alternative Investments7 topics
    • Alternative Investment Features, Methods, and Structures
    • Alternative Investment Performance and Returns
    • Investments in Private Capital: Equity and Debt
    • Real Estate and Infrastructure
    • Natural Resources
    • Hedge Funds
    • Introduction to Digital Assets
    Portfolio Management6 topics
    • Portfolio Risk and Return: Part I
    • Portfolio Risk and Return: Part II
    • Portfolio Management: An Overview
    • Basics of Portfolio Planning and Construction
    • The Behavioral Biases of Individuals
    • Introduction to Risk Management
    Ethical and Professional Standards5 topics
    • Ethics and Trust in the Investment Profession
    • Code of Ethics and Standards of Professional Conduct
    • Guidance for Standards I-VII
    • Introduction to the Global Investment Performance Standards (GIPS)
    • Ethics Application

    A few things before you start

    Choose the pack because it fits your preparation.

    How many mock tests are included?

    You get 5 full-length mocks.

    What is the validity after purchase?

    You receive 6 months of full access. Most students finish prep in 4-6 months.

    Can I access the platform on mobile?

    Yes. It works smoothly on both mobile and desktop.

    What if I need help while preparing?

    Expert support is available for doubts, explanations, and concepts.

    What if I don't like it?

    You're covered with a 7-day money-back guarantee.

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    CFA Level 1 Prep Pack
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