Best CFA® Study Materials In 2023

Updated: January 1, 2023 You’re our #1 priority.
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Best CFA Study Materials

Choosing the right CFA® exam study materials may be the single most important decision on your path towards becoming a Chartered Financial Analyst.

In the finance industry, the CFA® Institute’s designation of a CFA® charterholder is the holy grail of certifications, primarily due to the incredible length and difficulty of the three CFA exam levels that must be passed.

You will be spending 100’s of hours studying, so it’s crucial to find CFA review course materials that best fit your personal learning style, budget, and needs.

So here’s the good news – we have researched and reviewed all the most popular CFA exam prep courses below so you don’t have to! The comparison chart below will help you determine which CFA course is best suited for you, increase your test prep efficiency, and decrease wasted study time.

These are the Top 5 Best Selling Chartered Financial Analyst (CFA®) Exam Review Courses in February 2023:

  1. Wiley CFA® Review Course
  2. Analyst Prep CFA® Review Course
  3. Kaplan CFA® Prep Course
  4. The Princeton Review CFA® Study Materials
  5. Illumeo CFA® Review
  6. Bloomberg CFA® Study Materials

Here are the best CFA® study materials to help you pass CFA® Levels 1, 2, and 3 on the first try and become a Chartered Financial Analyst charterholder.


#1: Wiley CFA® Review

OVERALL RATING:

Wiley CFA® Review Pros & Cons 2023

What Everyone Needs To Know About Wiley CFA® Review

PROS

Repeat Takers Welcom:

This is one of the best options for students who have already failed a CFA exam attempt in the past. In fact, students who tried using Kaplan’s CFA course and failed their exam will receive an extra 50% discount when switching over to Wiley!

Award-Winning Platform:

The dashboard, user interface, and other designed features of Wiley’s online CFA review course is so intuitive that it was nominated for an award. This means you’ll have a much easier time retaining difficult concepts on exam day when you use this platform.

Communication With Instructors:

The professionals who teach Wiley’s CFA course are experts in multiple accounting fields. If you have any issues with their video lectures or online practice questions, these instructors will respond to any of your questions within less than 48 hours.

Accessible to Everyone:

Do you struggle with colorblindness or dyslexia? Any learning disabilities that might affect your ability to learn through this online platform have been anticipated by Wiley, which is why there are tons of helpful accessibility features built into their online learning platform.

Bottom Line: Wiley CFA Review is one of the most accommodating and helpful online review courses for the Chartered Financial Analyst exam. You can get a sweet deal if you switch over from another company like Kaplan; we promise you won’t regret making the switch!

TAKE ME TO Wiley CFA®


#2: Analyst Prep CFA® Review Materials


OVERALL RATING:

AnalystPrep CFA® Review Pros & Cons 2023

What Everyone Needs To Know About AnalystPrep CFA® Review

PROS

Try Before You Buy:

When you first sign up for an AnalystPrep account, you’ll be able to access several free study materials. These are an excellent example of their high-quality practice questions and intuitive course dashboard.

Collaborate With Classmates:

Much like other online prep courses, AnalystPrep includes a community forum to replicate the social aspect of a traditional classroom. However, they also go a few steps further with comparative analytics — letting you compare your progress to fellow students — and the ability to rate individual practice questions.

Excellent Instructors:

The writers and instructors for all of AnalystPrep’s CFA® study materials are highly qualified and offer tremendous professional insight for their students. Among this course’s faculty are PhD holders, college textbook authors, and experienced finance professionals.

International Support:

If you’re worried about being able to access AnalystPrep in your country, don’t worry. They’re more than willing to work with you in figuring out how to enroll regardless of your country or currency. Just contact them and you’ll receive the help you need.

Bottom Line: Without a doubt, the best resource for struggling CFA® students is AnalystPrep. You can compare notes and track progress with your fellow students while learning from some of the best tutors and authors available. At least try their free material if you’re interested!

TAKE ME TO ANALYST PREP CFA®


#3: Kaplan Scweser CFA® Prep Course

OVERALL RATING:

Due to its 30-year track record, Kaplan Schweser is one of the most credible (CFA) preparation providers around. They pride themselves on having helped more candidates pass the CFA exam than any other company. 

They also push to be the industry leader committed to investing in a candidate’s success even after passing the exam. So whether you’re pursuing CFA level 1, 2, or 3, Kaplan has resources available.

Kaplan Schweser offers several courses of action, including expert-led zoom classes and self-guided OnDemand courses. Both their 15-week Live Online Class and OnDemand options are champion choices that offer an interactive study experience not found elsewhere.

Study the CFA Program with Kaplan

Your choice will depend on individual needs, lifestyle, and budget.

These classes carry a price tag of $699 (OnDemand) and $999 (Live) and come with the features outlined below.

Features:


Live Course:
  • 15 Weeks of Instructor-Led Virtual Instruction 
  • 45 Hours Total Class Time 
  • Recorded Sessions for Later Review 
  • Kaplan Schweser Community Forum Access
  • Direct Line to Instructors through InstructorLink
  • Access to both Online and Print Resources
OnDemand Course:
  • 50 hours of Instructor-Led Recorded Lessons
  • Kaplan Schweser Community Forum Access
  • Direct Line to Instructors through InstructorLink
  • Access to both Online and Print Resources

Pros

Proven Track Record:

More CFA candidates have chosen Kaplan Schweser over any other CFA prep company, even the ones who make the test! The fact that candidates continue to trust them for such an important exam shows that Kaplan Schweser test prep creators know what it takes to pass.  

Another thing this company brings to the table is a network of support that spans the globe. Comprised of hundreds of world-class educational partners and societies, Kaplan’s community helps CFA candidates connect before and after they sit for the CFA exam.

Blended Resources:

Kaplan CFA competitors CFA usually fall into one of two categories: traditional CFA prep or an online learning option. One pro of choosing Kaplan Schweser is that they have created courses that include print, online, and mobile study tools. 

Both course options outlined above include access to online resources and a two-volume set of workbooks that include slides for the week. 

When it comes to practice, their CFA test bank is massive and includes 3,500 (and counting) practice questions. One CFA candidate directly contributed their success to these practice questions, stating that the material:

“…was easy to understand, followed a great natural flow, and the end-ofo-topic practice questions assisted me greatly..”

Upgrade Options:

Kaplan Schweser has an option for every learner. Want an online course that you can work on at your pace? Do you learn better with instructor-led courses?  No problem! There are PremiumPackage Options available.

This CFA prep option includes both Live Instruction and OnDemand resources. Because it is all-inclusive, it offers direct access to Kaplan’s learning platform, core study tools, workshops, and more!

This is CFA [Why study CFA with Kaplan]

One of the best reasons to upgrade is because CFA candidates who do qualify for PassProtection. This Kaplan guarantee promises a free exam prep package who complete their plan of study but still fail the exam.

Cons:

Price Tag

Let’s face it, CFA test prep isn’t cheap. The PremiumPlus CFA Package costs just under $1,300, making it one of the priciest plans on the market. Because of the price tag of its courses, some candidates may find Kaplan to be out of their budget. 

Some Courses Have Strict Scheduling

Once you choose a 15-Week Instructor-Led Virtual Class start time, you’re locked in. Live Courses take place over Zoom, and students are expected to attend class at times they choose initially. 

This can be inconvenient for working professionals, especially when schedules change. Thankfully, OnDemand CFA and playback options are available.

Bottom Line: When it comes to CFA exam preparation, Kaplan Schweser is an industry leader. Their blended prep programs, a challenging question bank, and PassProtection guarantee make Kaplan a solid choice for CFA study assistance.

TAKE ME TO KAPLAN REVIEW CFA®


#4: The Princeton Review CFA® Prep Course

The Princeton Review CFA Prep Course

OVERALL RATING:

The Princeton Review CFA® Review Pros & Cons 2023

What Everyone Needs To Know About Princeton Review CFA® Prep

PROS

Pass Guarantee:

 It’s always a gamble to pay for a prep course because you run the risk of failing the exam and wasting your money. Fortunately, The Princeton Review’s Level I CFA® prep course removes this risk by promising a full money-back guarantee to any students who don’t pass the test!

Study Smart, Not Harder:

 Although most prep courses will promise to provide students with hundreds of study hours worth of material, The Princeton Review has a different approach. Without affecting your ability to pass the exam, this CFA® prep course is designed to cut down on total study time for maximum efficiency.

CONS

CFA® Level 1 Only:

 Although they aren’t new to educational test prep, The Princeton Review is new to CFA® test prep. As a result, they currently only offer a prep course for students looking to pass the Level I CFA® exam. Hence, you’re unfortunately going to have to look elsewhere for study materials in order to pass the remaining two levels.

Bottom Line: The Princeton Review is a well-renowned test prep course provider due to their focus on providing quality study tools that will prepare you for your exams without wasting too much of your time or money. For that reason, it should come as no surprise that their brand-new CFA® Level I prep course is an excellent choice for any aspiring financial analysts.

TAKE ME TO PRINCETON REVIEW CFA®

Princeton Review CFA® Review Course Discounts & Promo Codes


#5: Illumeo CFA® Prep Course

Save BIG on Illumeo CPE Review Course for CPAs

OVERALL RATING:

Illumeo CFA® Review Pros & Cons 2023

What Everyone Needs To Know About Illumeo CFA® Review

PROS

Great Deal:

 Illumeo’s test prep platform is one of the most affordable options currently available to CFA® students. That’s because they don’t just provide you with access to their CFA® prep course; with a full subscription, you can try thousands of other courses as well.

Excellent Organization:

The CFA® Level 1 course included with Illumeo is organized into 11 smaller sections. Each section covers a specific aspect of the exam’s content with small video lectures. This layout makes it easy to find content that’s directly related to a specific subject— no wasted time scrubbing through hours of video lectures!

CONS

Practice Questions:

Unfortunately, Illumeo’s CFA® Level 1 course has a pretty light question bank. Instead, most of its content takes the form of video lectures, so it’s still a great choice if that’s what you’re interested in!

Bottom Line: Illumeo is the best choice for students who want to learn more than just CFA® concepts. Whether you need continuing education or are pursuing other certifications, this is a terrific resource for you.


#6: Bloomberg CFA® Prep Course

This is Exactly Why Bloomberg Exam Prep CFA Review Course Is One of Our Favorite Chartered Financial Analyst Courses On The Market Today!

OVERALL RATING:

Bloomberg CFA® Review Pros & Cons 2023

What Everyone Needs To Know About Bloomberg CFA® Review

PROS

Top-Rated Instructors:

The instructors with this course are top-rated and extremely knowledgeable. Because of this expertise, everything you’re going to learn is in line with the latest tips and tricks that are available to anyone studying for the CFA®. The tutoring services that Bloomberg provides are what puts this course over the top, as it’s something that many other companies do not offer.

Adaptive Learning Technology:

Bloomberg uses state-of-the-art technology to give you a great learning experience. After an initial assessment period, the course will figure out which of the areas are troubling you, and adjust your study plan accordingly. While other courses may have adjustment mechanisms, Bloomberg’s is among the best in this regard.

Dashboard:

Because Bloomberg has resources that aren’t available to many prep companies, its technology is above and beyond that of any of its competition. The dashboard in this CFA® review course is unparalleled, as it comes with an aesthetically pleasing home page, great web design throughout, and easy-to-navigate headers and dropdown menus.

CONS

No Video Content:

Although there are many fantastic tools available for CFA® students who sign up with Bloomberg, video lectures aren’t one of them. This means that you’re out of luck if you can’t make it to one of their extremely limited Live Classroom courses.Bottom Line: Bloomberg CFA® prep provides powerful analytics reporting. Despite this, the high price tag may cause some students to reconsider enrollment.

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