CFA Level I: Equity Investments
Master the Equity Investments section of the 2026 CFA Level I exam — 11–14% of total exam weight, translating to 20–25 questions. This course builds the analytical bridge between qualitative industry factors and quantitative valuation that the CFA Institute explicitly rewards. Structured around the official 8-week study roadmap, each chapter targets a distinct exam competency: from market microstructure and index construction through Porter's Five Forces and industry life cycle classification, culminating in a full suite of equity valuation models (DDM, FCFF, FCFE, P/E, EV/EBITDA, and Residual Income). Python is used sparingly for calculation-intensive topics where visualization aids intuition; all calculations are equally executable on the BA II Plus financial calculator, the only tool permitted on exam day. The course closes with a synthesis chapter that connects every module into the integrated analytical framework the exam tests.
- Level: intermediate
- Duration: 8 weeks
- 10 sections
- Price: $20
Topics: CFA Level I, Equity Investments, Equity Valuation, Market Organization, Security Market Indexes, Market Efficiency, EMH, Gordon Growth Model, Discounted Dividend Model, FCFF, FCFE, P/E ratio, EV/EBITDA, Porter's Five Forces, Industry Life Cycle, Residual Income, Depository Receipts, Preferred Stock, Exam Preparation
What's inside
- CFA Level I: Equity Investments
- Chapter 1: Market Organization & Structure
- Chapter 2: Security Market Indexes: Construction, Weighting & Interpretation
- Chapter 3: Market Efficiency & Anomalies: EMH and Its Limits
- Chapter 4: Equity Securities: Types, Characteristics & Global Investing
- Chapter 5: Industry Analysis: Competitive Forces, PESTLE & Life Cycle Stages
- Chapter 6: Company Analysis: Business Models, Competitive Advantage & Financial Trends
- Chapter 7: Dividend Discount & Free Cash Flow Valuation
- Chapter 8: Market-Based Valuation, Residual Income & Exam Synthesis
- Chapter 9: Mock Exam — CFA Level I Equity Investments Practice Test