CFA

Free CFA Level 1 Mock Exam: 90 Practice Questions, Full Answers & Analytics

Want to pass the CFA exam? Start preparing the right way.

To access our free mock exams for other levels, check out our Free Guides section.

Hope your CFA preparations are going to plan! If not, check out our guide to finishing up your notes, so that you can get started on practice exams.

For some practice, here is our upgraded, free CFA Level 1 mock exam that reflects the latest CFA exam curriculum. This is a 2 hour 15 minutes, 90-question CFA practice test weighted to the guidance set by CFA Institute for the actual CFA exam.

You can take the test online or download the PDF questions, with full answers and analysis included – all for free! After submitting your answers online, you’ll instantly be sent a personalized test result report and all answer explanations.

What are you waiting for?


Our free CFA Level 1 mock exam: How it works

In your results email, you’ll also get a topic performance breakdown, showing areas of weakness and strength, so you’ll know which topics to focus on to help raise your overall exam performance.

​You’ll also receive comparative statistics on where you stand with the rest of the sample, better informing you if you need to double down on revision!

You can do this CFA Level 1 mock exam in two ways:

  • online (either right now via the form below, or bookmarking this page to come back later); or
  • offline, by downloading the PDF questions and submitting your answers below when done.

Either method is easy: All you need to do is just click through the questions below, fill in your details and click ‘Submit’.

Good luck, and hope you find this useful! If you have any feedback, just give us a shout in the comments below.

And if you’d like even more practice, remember that we also have a Guide to Practice Exams here.


How did you score in this practice exam? Was there any particular topics you found especially challenging? Tell us in the comments below!

Meanwhile, you may find these related articles of interest:

Zee Tan

View Comments

    • Hi Kelbin, you should automatically receive the answers in your inbox (assuming you input your correct email address) within 5-10 minutes.

    • Hi Been, this has been sent to your inbox within 10 minutes of submission. Hope you have received it and gone through the scoring and explanations :)

    • Hi Saranshi, these should have been in your inbox within 5-10 minutes. Hope you have received it by now.

  • Question 45 also does not have the correct answer. Correct answer should be
    EBITDA Margin: Lower under an operating lease.
    Asset Turnover: Higher under an operating lease.

    • Incorrect. $4.85 is the basics EPS calculation. Since the convertibles are anti dilutive, the answer would be to use the basic EPS as the diluted.

  • Hi, how can i contact with the supervisor of 300hours. I need more test bank about the CFA exam. Contact me, i really want to get more practice.

    • Hi vamp, you'll get the answers and explanation by email once you have submitted your answers via the form.

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Zee Tan

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