CFA® Level I Equity Investments Practice Tests

About this course

This course is a focused, single-topic practice question bank for the CFA® Level I Equity Investments topic area. It is intentionally scoped to this one subject rather than the entire Level I curriculum, so you can drill exactly the material you're weakest in without paying for, or wading through, nine other topics you may already have covered elsewhere.Inside, you'll find 400 exam-style multiple-choice questions organized into six practice tests covering all eight Learning Modules of Equity Investments: market organization and structure; security market indexes; market efficiency and anomalies; the equity securities landscape, from common and preference shares to depository receipts; company analysis, past and present; industry and competitive analysis, including Porter's Five Forces and PESTLE; company forecasting; and equity valuation with dividend discount models, price multiples, and asset-based approaches.Four tests follow the curriculum module by module, and two are full-length mixed mock exams — 120 questions each, drawn from all eight modules and shuffled with no topic labels, so you practice recognizing what a question is testing the way you'll have to on exam day. The two mocks share no questions with each other.Every single question comes with a detailed explanation — not just the correct letter, but the reasoning, and where relevant the calculation, behind it. Questions are also tagged by domain, so if you finish a test and realize dividend discount models or order types are your weak spot, you can go straight back to exactly those questions.Each test can be taken in Practice Mode, so you can learn as you go, or Exam Mode, timed at roughly 90 seconds per question to mirror real exam pacing. A 70% score is a reasonable readiness benchmark before moving on.This course is best suited for candidates who have already studied the Equity Investments material, through the official curriculum or another prep provider, and want focused, additional repetition on this specif