Is it possible to pass CFA level 1 without any accounting, finance and quants background?

I think studying the material vigorously is a must for passing the exam. Can’t really think of anything else.

@andalusia98‌ Absolutely. You’re far from the minority.

I had zero finance schooling and zero related work experience before starting the CFA program and it has been fine through two levels.
Having prior schooling in any of the areas is definitely not mandatory for passing these exams. Having said that I found having prior Accounting knowledge was helpful.
What usually is mandatory is putting in solid chunk of time to understand the material and then practicing exam type questions as often as possible.

Hey @andalusia98‌ – welcome to the 300H gang!

@Wesmantooth is right, the purpose for the CFA exams is to put everyone (regardless of background) on even ground, and especially useful if you have no finance background as this is where you can learn most of it from scratch and earn a worldwide recognised designation. Neat eh? The syllabus does not assume any prior knowledge, so you’re in good hands (with us and the CFA exams)!

Good luck for your preparation 🙂

Yes, I also had zero accounting and finance knowledge. I had quite a bit of quant knowledge, but frankly there is vary little of a quantitative nature in the whole of the CFA.