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Free CFA® exam tools

No account needed. Each runs on the same engine as the app.

Plan and measure

Study-plan calculator

Your exam date and weekly hours, turned into hours per topic, weighted like the exam.

Formula sheet

Every formula for your level with each symbol defined, sent to your inbox.

Mock-score readiness checker

What your mock scores do and don't say: the range behind each one, and the trend.

Practise

CFA question of the day

A new practice question every day, with the reason each wrong option is wrong.

Free CFA Level I diagnostic test

A short quiz across every topic, scored on the page with a breakdown by topic.

Finance calculators

Time value of money calculator

Solve for N, I/Y, PV, PMT or FV, with annuity-due and any compounding.

Bond price, yield and duration calculator

Price from a yield, yield from a price, plus duration, convexity and price change.

NPV and IRR calculator

Net present value and internal rate of return from a list of cash flows.

Effective annual rate calculator

Convert between stated rates, EAR and continuous compounding.

WACC and CAPM calculator

Cost of equity from CAPM, after-tax cost of debt, and the weighted average cost of capital.

DuPont analysis calculator

Break return on equity into margin, turnover and leverage, in three or five steps.

Sharpe, Treynor and Jensen calculator

Risk-adjusted return: Sharpe, Treynor, Jensen's alpha, M-squared and information ratio.