A lot of people would agree that the CFA exam can be very challenging. In order to slay on the exam day, you will have to prepare beforehand. The good news is that there are a number of providers that offer the CFA prep courses. If you are going to take the CFA Level 1, it means you will have to look for the CFA prep course for Level 1. What are the best online classes for CFA Level 1?
There are a number of online classes for CFA Level 1. Some of the best ones include:
The Princeton Review CFA
One of the best test prep companies is called The Princeton Review. Even though their main focus is on standardized tests used for college and graduate school admissions such as the SAT, they also offer a prep course for the CFA exam. There are some packages offered by The Princeton Review, as follows:
This package is the most favorite CFA course offered by The Princeton Review. It costs $599. If you use discount codes on the official website of The Princeton Review, you will be able to reduce the price to $499. This one allows you to learn at your own pace from video lectures and the other study materials. This package is offered for both CFA Level 1 and Level 2 exams. Keep in mind that you do not have to purchase both levels simultaneously as you will have to pass the Level 1 exam first before registering for Level 2.
From the CFA Level 1 course, you will be able to get a few things, such as more than 50 hours of video lectures created by experts, more than 1,500 practice questions with detailed solutions, 2 mock exams that simulate the real exam experience, 900 slides comprising study notes, formula sheet, 50 key definitions flashcards, 1-year access to the whole package, and pass graduate (pass the exam or 100% refund).
The Ultimate package costs $999. It is only for Level 1 exam as of February 2021. If you use the discount codes, you will be able to pay only $799. By purchasing this package, you will be able to get 24 hours of live-online instructions from the experts. Apart from that, you will also be able to get 1-1 Q&A access to your self-paced course. One of the good things about it is that you will be able to find the newest tips and tricks on passing the CFA exam. Besides, you can also ask questions to the experts freely.
Kaplan Schweser is known as one of the best CFA prep courses providers on the market. This one has been in the industry for 30 years ago and has always been the top option for many candidates. Unlike its competitors, from Kaplan Schweser, you will be able to purchase entire study packages or purchase the study materials that you need individually. Thanks to this, you do not have to waste your money on the CFA study materials that you do not find interesting.
There are several plans offered by Kaplan Schweser, as follows:
The Essential package costs $699 for one year access. By purchasing this package, you will be able to get core study materials for the CFA exam. The things that you will get from this one include Diagnostic Assessment, Schweser Notes (5 books summarizing all topics in the CFA curriculum in easy and clear language), 40 hours of video lectures to help review class materials, Q-bank (an online question bank with thousands of exam-like questions), 4 full length practice exams, 3 Checkpoint Exams to check your progress, Quicksheet (a compact physical sheet that summarizes all concepts and formulas), Study Plan, Instructor Q&A, and Pass Protection.
The Premium package costs $999 for Level 1. By purchasing this, you will be able to get more study tools. If you purchase for Level 1, the things that you will be able to get include OnDemand Classes, OnDemand Review workshops (Level 1 only), Secret Sauce (Level 1 only), and Workshop Workbooks (Level 1 only).
- Premium Plus
The Premium Plus package is known as the optimal CFA exam prep course. It costs $1,299 for Level 1. Actually, it is similar to the Premium one. The only difference is that you will be able to get a live-online class. Besides, you can also communicate well with the instructors in real-time.
- Individual Exam Prep Products
This package makes it possible for you to customize your study package freely according to your needs. Check out the pricing of some popular study tools below:
- Question Bank: It costs $199 for Level 1.
- SchweserNotes and QuickSheets: It costs $399.
- Practice Exams: It costs $59.
- Secret Sauce: It costs $149.
- On-Demand Classes: It costs $699.
- Live-online Classes: It costs $999.
- Mock Exams: It costs $109.
As you can guess from its name, Bloomberg CFA is the CFA prep course provided by one of the leading global financial intelligence companies called Bloomberg. Instead of 320 hours, you will be able to spend as little as 179 hours in total in order to pass the CFA exams, including CFA Level 1.
Bloomberg CFA has a different approach than The Princeton Review and Kaplan Schweser. It has machine learning that helps the team to create a customized learning experience for every student. Basically, you will be able to self-study under Al study guides.
There are three major plans offered by Bloomberg CFA, as follows:
- Essential: This one costs $699.
- Premium: This one costs $1,199.
- Ultimate: This one costs $1,999.
All the plans offered by Bloomberg CFA have access to similar content and features. The only difference is that the higher plans will allow you to ask a tutor more. Not only that, you will also be able to get more practice exams. For your information, there are also private tutoring sessions which are available only to those who have purchased the Ultimate plan.