CFA prep, free.
The CFA Program is three exams on investment analysis and portfolio management, taken in order.
What is CFA?
The CFA Program is three exams on investment analysis and portfolio management, taken in order.
Who takes it?
People who work in investment or want to.
What costs money?
The study plan here costs nothing. The test itself has a fee, set by CFA Institute. The official site lists it.
How do I show my score?
Upload the score screen with ID numbers hidden. Someone who saw the real result confirms it.
What CFA is
- Set by
- CFA Institute
- Who takes it
- People who work in investment or want to.
- Sections
- Level I, Level II, Level III
- Dates and fees
- On the owner's site: official dates, official fees.
The free plan
The study plan, the official practice, the best free help, your proofs and your Trophy Case are free. Work through the outcomes in order.
Before you upload a score screen or a score report, hide your registration, roll, application and ID numbers. Powstik never asks for an ID number. Someone who saw the real result confirms it: a teacher, counsellor, tutor or study partner. They are told to send back any proof that shows an ID number.
1. Pass CFA Level 1 Exam
Pass the CFA Level 1 examination on first or second attempt. Official result notification as proof.
- Build Your Study Plan and Assess Ethics Mastery
Show: Submit: (a) your study plan document showing weekly hour allocations across all 10 topic areas and your exam date, (b) three Ethics scenario responses (minimum 150 words each) showing your reasoning process for applying the CFA Institute Code of Standards to ambiguous situations — not just stating the correct answer, but explaining which standard applies and why alternative interpretations were rejected, and (c) confirmation that you have purchased or accessed the official CFA curriculum materials.
- Complete Topic-by-Topic Review with Mock Exam Validation
Show: Submit: (a) a topic-completion log showing the date completed and mock score for each of the 10 topic areas, (b) a gaps analysis identifying the three lowest-scoring topic areas and your specific remediation plan for each, and (c) a summary of the two most conceptually difficult areas for you personally and what specific actions you took to address them.
- Pass the CFA Level 1 Examination
Show: Submit: (a) your official CFA Institute pass notification email or PDF showing your name, exam date, and pass result, and (b) a reflection (minimum 300 words) describing which topic areas were most difficult on the actual exam vs. your mock preparation, what you would change for Level 2, and what surprised you about the exam experience.
- Build Your Study Plan and Assess Ethics Mastery
2. Pass CFA Level 2 Exam
Pass the CFA Level 2 examination. Requires CFA Level 1 completion. Official result notification as proof.
- Register for the exam and build the study plan based on a diagnostic
Show: Submit your CFA Level 2 exam registration confirmation from the CFA Institute (showing your name and exam date), your diagnostic assessment results from CFA Institute sample questions or equivalent (showing performance by topic area), and your study plan covering: total planned study hours, weekly allocation, topic area sequence and hour allocation by topic, the resources you will use for each topic, and the date you plan to complete mock exams before the sitting.
- Complete the study curriculum and validate readiness with mock exams
Show: Submit your two most recent full-length mock exam scores (with date and score), a study log or completed reading checklist showing the topic areas and readings covered, and a readiness assessment (300 words) addressing: which topic area gave you the most difficulty and how you addressed it, one concept that you misunderstood at the start of the study program and now understand correctly, and whether you believe you are ready to sit the exam.
- Pass the CFA Level 2 exam
Show: Submit your official CFA Level 2 pass result communication from the CFA Institute (screenshot or PDF of the results notification showing pass status, your name, and the exam date), and the URL of your CFA Institute candidate profile or digital credential page showing Level 2 passed status. If you are at Level 2 pass status, the CFA Institute profile will show Level 3 eligible.
- Register for the exam and build the study plan based on a diagnostic
3. Pass CFA Level 3 Exam
Pass the CFA Level 3 examination and earn the CFA designation. Official charter letter as proof.
- Register and plan for the AM essay session
Show: Screenshot of CFA Institute candidate portal showing Level 3 registration confirmed, plus a study schedule document showing dedicated AM constructed-response practice blocks and your Level 2 pass documentation.
- Complete curriculum with timed AM mock sessions
Show: Study log showing full curriculum coverage by topic area plus scored results from ≥5 timed AM mock sessions, with dates and scores recorded across all sittings.
- Pass the CFA Level 3 exam
Show: CFA Institute official result notification showing PASS for Level 3, or a publicly accessible Credly CFA Level 3 candidate badge link confirming the pass.
- Register and plan for the AM essay session
Go deeper
The test checks the field. Powstik Varsity teaches it, with free full courses in order.
Trademark
CFA is a trademark of CFA Institute. Powstik is independent and not affiliated with or endorsed by CFA Institute.
Powstik links to official material and never copies its questions.