As someone who is just starting out on their journey to become a certified financial analyst, you may be feeling a bit overwhelmed. After all, the CFA exam is no walk in the park. It’s a long, difficult test that covers a lot of material. But don’t worry! You can definitely pass the CFA exam with some hard work and dedication. And one of the best ways to prepare for the exam is by studying with one (or more) of the following CFA study books.
There are a lot of different study materials out there for the CFA Level 1 exam. So, how do you know which ones are worth your time and money?
Well, you’re in luck! I’ve gone ahead and done the legwork for you and compiled a list of 7 great CFA study books. Whether you’re looking for general guidance or want to focus on specific topics, there’s definitely a study book on this list that will suit your needs.
Best CFA Level 1 Prep Books
1. CFA Institute CFA Program Curriculum
This study book is published by the same organization that administers the CFA exam, so you know it’s going to be good.
The curriculum covers all ten topics tested on the exam and includes practice questions at the end of each chapter. One downside of this book is that it doesn’t come with an answer key, so you’ll have to find someone else to help you check your work.
2. Wiley’s Level 1 CFA Program Study Guide
This study guide comes with 2,000+ practice questions, as well as access to online question banks and mock exams.
It also includes concise summaries of important concepts, so it’s great for last-minute cramming. However, some users have found the practice questions to be more difficult than those on the actual exam.
This prep book from Kaplan is jam-packed with information but is still easy to read and digest.
It comes with access to Kaplan’s online question bank and virtual flashcards, making it a great option for those who like to study using multiple formats. However, some users have found the book to be too wordy and repetitive.
Best CFA Level 2 Prep Books
4. Wiley’s Level II CFA Program Study Guide
Like its Level I counterpart, this study guide from Wiley comes with 2,000+ practice questions and access to online resources.
It also includes helpful tips from experienced CFAs on how best to approach each section of the exam. However, some users have found the level of detail in this book to be overwhelming.
This prep book from Kaplan covers all 10 topics tested on the Level II exam in an easy-to-understand format.
It also comes with access to practice questions and virtual flashcards so that you can study in whatever way works best for you. However, some users have found this book to be too light on content given its relatively high price tag.
Best CFA Level 3 Prep Books
6. Wiley’s Level III CFA Program Study Guide
This study guide from Wiley covers all 10 topics tested on the Level III exam in depth—which is exactly what you need when preparing for this notoriously difficult test!
Additionally, it comes with access to online question banks and mock exams so that you can get all the practice you need before test day arrives. However, keep in mind that this guide does not come with an answer key—something that could be very frustrating if you’re stuck on a particular question!
Last but not least, we have another prep book from Kaplan covering all 10 topics tested on the Level III exam (in case you haven’t noticed by now—these topics aren’t going anywhere!).
This book comes with access to practice questions as well as virtual flashcards so that you can tailor your studies to your own unique learning style; plus, it includes helpful tips from previous test-takers who share their insights on what helped them succeed on test day!
However…some users have found the content in this book to be less comprehensive than they would’ve liked given its relatively high price point—something definitely worth considering before making your final purchase decision!
Whether you’re looking for general guidance or want to focus on specific topics related to becoming a certified financial analyst (CFA), there’s definitely a study book on this list that will suit your needs! So what are you waiting for? Get started on your journey today!