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CFA · Practical guide

CFA curriculum and changes by exam window

Match the curriculum to your exam year, then choose a topic to practise. Level III adds one pathway to a shared core.

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Level 1 · 2027 source check

Check revised Quantitative Methods, expanded Equities and updated Ethics. The official change summary also introduces Level I Equation Explorers.

Open official Level 1 outlines ↗

All linked lessons below are 2026 curriculum lessons. Selecting 2027 does not convert them into a complete or revalidated 2027 course. Familiar search labels may differ from current official topic names.

Level 1 overview and weightsRead 2027 changes ↗
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What to do next

  1. ACTION 01

    Use the year of your exam

    A February 2027 exam uses 2027 material, even if you start studying in 2026. Compare the dated official outline and errata with any older notes.

    Official guidance ↗

  2. ACTION 02

    Check the 2027 changes

    The official summary highlights Level I Quantitative Methods and Equities revisions, plus Ethics updates at all three levels. Its summary is not a complete substitute for the outlines.

    Official guidance ↗

  3. ACTION 03

    Separate core from pathway

    Level III combines five shared core topic areas with one selected pathway: Portfolio Management, Private Wealth or Private Markets. Core practice does not cover the entire pathway.

    Official guidance ↗
Sources

Dates and policies can change; the official source and your registered account control.

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