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Study guides and exam strategy for CFA® and FRM® candidates.

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CFA Level I: Your Last 4 Weeks Before the November 2026 Exam

A week-by-week plan for the final month before the November 2026 CFA Level I window: mocks, an error log, which topics to fix first and exam-day checks.

6 min readRead the guide →
Explainers

The Option Greeks: Five Numbers That Tell You Where Your Risk Is

Delta, gamma, vega, theta and rho explained with one worked option: what each Greek measures, how they combine, and the mistakes that cost exam marks.

7 min read
Explainers

Value at Risk: What It Tells You, and What It Doesn’t

What value at risk really says, three ways to calculate it, the square-root-of-time rule, backtesting and expected shortfall, with worked numbers.

7 min read
Explainers

Duration and Convexity: Why Some Bonds Fall Much Further Than Others

Why a 30-year bond loses far more than a 2-year one when rates rise: duration, convexity and DV01 explained with worked numbers for CFA and FRM candidates.

6 min read
Explainers

Forwards vs Futures: Same Promise, Very Different Contracts

Both lock in a price today for a trade later. How forwards and futures differ, how daily margin works with numbers, and what the CFA and FRM exams test.

8 min read
Explainers

Interest Rate Swaps Explained: What They Are, How They Work and Why Firms Use Them

What an interest rate swap is, what actually changes hands, a worked example with numbers, why companies and banks use swaps, and how they show up on the CFA and FRM exams.

7 min read
Exam Strategy

FRM Part I: The Final Month Before the November 2026 Exam

How to use the last month before FRM Part I (14 to 20 November 2026): topic weights, a four-week plan and worked VaR, hedge ratio and forward examples.

5 min read
Exam Strategy

How Hard Is CFA Level I? Pass Rates and What Makes It Difficult

How hard CFA Level I really is, using CFA Institute's 2026 pass rates: why fewer than half pass, what makes it hard and how to tell if you're on track.

4 min read
Exam Strategy

FRM Part I vs Part II: Topics, Format and How to Study Each (2026)

How FRM Part I and Part II differ: 2026 topic weights, exam format, pass rates and how to adjust your study from the toolkit exam to the applied one.

4 min read
Study Guides

The 6 Hardest CFA Level I Topics (2026) and How to Fix Them

The CFA Level I topics that cost candidates the most points: official 2026 weights, a quick self-check for each and a five-week plan for November.

9 min read
Study Guides

How to Build a CFA Study Schedule That Fits a Full-Time Job

Plan CFA study around work: how many hours you really need, how to split them by topic weight, a sample week, and what to do when you fall behind.

7 min read
Exam Strategy

7 Study Mistakes That Make CFA Candidates Fail

The study habits that sink CFA candidates who worked hard anyway, from ignoring topic weights to reading instead of practising, and what to do instead.

5 min read
Career Guidance

CFA vs FRM: Which Should You Choose? Exams, Costs and Pass Rates (2026)

CFA or FRM? A side-by-side comparison using CFA Institute and GARP figures: what each covers, exam format, study time, 2026 fees and pass rates.

4 min read
Study Guides

How to Study CFA Ethics: The Standards Without the Guesswork

CFA Ethics is 15 to 20% of Level I. How the seven Standards are tested, the traps in ethics questions and a study routine that works, with examples.

6 min read
Exam Strategy

CFA Mock Exams: When to Start, How Many to Take and How to Review Them

When to start CFA mock exams, how many to sit, how to take them under real conditions and how to review them so each one raises your score.

5 min read

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