The CFA® Program assumes basic knowledge of Economics, Quantitative Methods, and Financial Statements as presented in introductory university-level courses in Statistics, Economics, and Accounting. Level I CFA Program candidates who do not have a basic understanding of these concepts or would like to review these concepts can study from any of the three prerequisite reading volumes. Volume 1 covers the basics of Quantitative Methods, including interest rates, present value, and future value; data visualization; probability and probability distribution; sampling and estimation; and hypothesis testing. (Note: The prerequisite readings are intended as introductory material and are not part of the official Level I curriculum.)
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