CFA Level I

Quant refreshers that learn with you.

Marcus keeps rebalancing your study plan as Ethics or Quant drills reveal weak areas.

CFA Level I hero graphic

What it is

The CFA Level I exam is the foundational credential in the global CFA Program. It measures your grasp of investment tools, ethical standards, quantitative methods, financial reporting and analysis, economics, corporate finance, derivatives, alternatives, and portfolio management—ten topic areas in total.

The exam is computer-based, split into two sessions of approximately 2 hours 15 minutes, each with 90 multiple-choice questions (180 total) and no penalty for incorrect answers. Marcus AI maps your preparation to the exact blueprint so you build competency rather than memorise formulas.

Why it matters

The finance industry prizes the CFA charter for its rigor. Even passing Level I signals readiness for investment analysis, corporate finance, wealth management, and research roles (Imarticus).

Historical pass rates hover around 40–45%, underscoring how many candidates underestimate the breadth of the exam (Times of India).

Missed concepts become obstacles at Levels II and III. Marcus AI focuses on understanding, weighting high-impact domains like Ethics (15–20%), FRA (13–17%), Equity/FI (10–12%), and Quant/Econ (8–12%) so you arrive on test day confident.

Salary & job outlook

The CFA Institute notes charterholders routinely earn six figures worldwide, with Level I paving the way to analyst roles.

Eligibility

  • Bachelor's degree or final-year student
  • Passport
  • Meet professional conduct admission criteria

Exam price

$900 early / $1200 standard

Visit CFA Institute

How long it takes

The fastest way to pass your CFA Level I exam is with Marcus AI's tailored tutor.

Most learners reach readiness in about 4 months.

⏱️

Industry standard

6-7 months

Hard to keep consistent pace and know when you're exam-ready.

  • Third-party textbooks
  • Video marathons
  • Study groups
60–90% faster with Marcus

With Marcus AI

4 months

Structured calendars and adaptive diagnostics keep you investing 300 hours wisely instead of re-reading basics.

  • SLUs that isolate one LOS—ethics scenarios, FRA ratios, or fixed-income math—before advancing
  • Analogy-rich lessons, misconception drills, and Socratic prompts so you think like an analyst
  • Session-mirroring question sets plus AI chat that adapts revision to your weak spots

The Marcus AI approach

Marcus AI's Single Learning Units (SLUs) make CFA Level I prep precise.

  • Analogy & example-rich content: Interpret financial statements, model portfolio risk, or analyse derivatives through relatable scenarios.
  • Misconception mapping: We flag ethics pitfalls, FRA misreads, and fixed-income formula mix-ups before they cost you points.
  • Socratic questioning: Every SLU asks why and how, forcing you to articulate reasoning—not just memorise formulas.
  • Session-mirroring sets & adaptive chat: Practise two-session mocks while AI tracks error patterns and prescribes targeted revision.
  • Precision video search: Trigger vetted demos for topics like efficient frontiers or currency exposure without falling down YouTube rabbit holes.

The result is a time-efficient mastery loop that keeps you ahead of schedule and confident for Levels II and III.

Career outcomes

  • Investment analyst / junior equity research associate
  • Corporate finance or FP&A analyst
  • Portfolio support or wealth management associate
  • Risk or data analyst roles on investment teams

Related EMT resources

Exam details & structure

  • Two sessions, each ~2h15m with 90 multiple-choice questions
  • Computer-based delivery, no penalty for incorrect answers
  • Coverage spans 10 topic areas with Ethics, FRA, and Equity/FI carrying high weights

What learners say

CFA candidates combine Marcus AI with official CFA Institute materials for mastery—our SLU system ensures every hour counts.

I split my learning 50:50 between Marcus AI and the official CFA texts and still finished in 4 months. Passed Level I on the first try.
Riyad Jumaa · Associate, Corporate Finance

FAQ

How many hours should I study for CFA Level I?
CFA Institute and industry data suggest 300+ hours. Marcus AI optimises that commitment so you spend far less time re-reading and more time mastering high-weight LOS (Investopedia).
When and how often is Level I offered?
Level I runs four times per year—February, May, August, and November—and seats fill quickly, so early registration is critical (AnalystPrep).
What is the CFA Level I exam format?
Two sessions, each ~2h15m with 90 multiple-choice questions (180 total). Computer-based, no penalty for wrong answers (CFA Institute).
What makes Marcus AI different from standard CFA prep?
Most providers deliver content. Marcus AI builds comprehension: SLUs emphasise why concepts work, Socratic chat checks reasoning, and adaptive drills focus on weak areas so you think like an analyst.
What if I fail Level I?
You must wait at least six months between attempts. Marcus AI pinpoints weak LOS, rebuilds your schedule, and turns the retake into a strategic reset instead of a derailment.

Ready?

Let Marcus coach you to CFA Level I.

AI tutoring pairs structured curriculum with adaptive drills so you test sooner and with more confidence.