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10 questions covering 9 of 10 topics. Your score and results by topic appear at once.
Level I exam of the CFA® Program · 2027
Drill every topic of the Level I exam, the way it is scored
3-option questions by topic and by LOS, two timed 180-question mocks in 2 sessions of 135 minutes, and every option explained, including the two wrong ones.
$79 VAT incl. for 12 months. One payment, no subscription.
- 3 options, like the exam
- Every option explained
- Two full timed mocks
- Analytics by topic and LOS
Start with the free diagnostic
10 questions covering 9 of 10 topics, about 15 minutes, no account. See your score and results by topic straight away, then unlock every option explained with your email.
Take the free diagnostic- 180questions on exam day
- 2 × 135minutes, 90 questions per session
- 90 sper question on average
- 10topics in the 2027 outline
Exam format as published by CFA Institute for the Level I exam. Source
3 options, like the examEvery question has options A, B and C and one correct answer, so you train the exact decision you face on exam day.
Every option explainedAfter each answer you see why the key is right and why each of the other two options is wrong, with the calculation laid out step by step.
Two full timed mocksTwo different 180-question mocks, each in 2 sessions of 90 questions and 135 minutes, with a question navigator, flags and a full review.
Analytics by topic and LOSAccuracy per topic against its 2027 weight, your weakest LOS once you have answered them three times, and your mock trend.
Correct
An investor deposits $10,000 at an annual rate of 6%, compounded annually, and makes no withdrawals. Using FV = PV(1+r)n, what is the value of the account after 3 years?
- A
$11,800.00
Adds simple interest of $600 a year and ignores compounding.
- B
$11,910.16
10,000 × 1.063 = 11,910.16: each year earns interest on the interest already credited.
- C
$12,000.00
Applies the 6% rate to $10,000 for 3 years and adds an extra year of interest.
The 10 topics and their 2027 weights
The Level I exam is split into two sessions. Practice follows the same topic outline, so your time goes where the points are.
| Topic | Session | 2027 weight |
|---|---|---|
| Ethical and Professional Standards | 1 | 10 to 15% |
| Quantitative Methods | 1 | 11 to 14% |
| Economics | 1 | 6 to 9% |
| Financial Statement Analysis | 1 | 11 to 14% |
| Corporate Finance | 1 | 6 to 9% |
| Equities | 2 | 11 to 14% |
| Fixed Income | 2 | 11 to 14% |
| Derivatives and Risk Management | 2 | 6 to 9% |
| Alternative Investments | 2 | 6 to 9% |
| Portfolio Construction | 2 | 8 to 12% |
Weights: CFA Institute, 2027 Level I exam topic weights.
How it works
Drill your weak topics
Practice by topic or by single LOS. Each answer comes with all three options explained.
Sit the timed mocks
Two 180-question mocks under exam timing, then a review by topic and LOS.
12 months of access
One price, 12 months, everything included
One payment. No subscription, no renewal.
Drillfolio question bank
$79 VAT incl.
12 months of access
One payment. No subscription, no renewal.
- Practice by topic and by LOS, all 10 topics
- Every option explained, with the calculation
- Two timed 180-question mocks with review
- Analytics by topic and LOS, mock trend
- Sign in by email link or 6-digit code
In the EEA, Switzerland and the UK the price is €79.
Access opens the moment the payment is confirmed.
What you get for 12 months
- 3 options, like the exam · Every question has options A, B and C and one correct answer, so you train the exact decision you face on exam day.
- Every option explained · After each answer you see why the key is right and why each of the other two options is wrong, with the calculation laid out step by step.
- Two full timed mocks · Two different 180-question mocks, each in 2 sessions of 90 questions and 135 minutes, with a question navigator, flags and a full review.
- Analytics by topic and LOS · Accuracy per topic against its 2027 weight, your weakest LOS once you have answered them three times, and your mock trend.
Start with the free diagnostic
10 questions covering 9 of 10 topics, about 15 minutes, no account. See your score and results by topic straight away, then unlock every option explained with your email.
Take the free diagnosticQuestions candidates ask
What does Drillfolio cover?
The 10 topics of the 2027 Level I exam outline of the CFA® Program, from Ethical and Professional Standards to Portfolio Construction, with practice by topic and by LOS and two full timed mocks.
Where do the questions come from?
Every question is written by Drillfolio from first principles, with numeric answers recomputed by code. CFA Institute does not release its exam questions, and we use none of its questions or curriculum text.
How long does my access last?
12 months from your payment. One payment, no subscription and no automatic renewal.
How do I sign in?
After payment you get a sign-in link and a 6-digit code by email, plus a personal return link on the confirmation page. No password.
Which currencies can I pay in?
Euros in the EEA, Switzerland and the UK, US dollars everywhere else. The price on the page is the price you pay.
Is Drillfolio linked to CFA Institute?
No. Drillfolio is an independent study service. CFA Institute administers the CFA® Program and does not endorse Drillfolio.