Equity Investments is one of the most important topics in the CFA Level 1 curriculum, carrying significant weight on the exam. Mastery of this section helps candidates understand equity markets, stock valuation, efficient market hypothesis, anomalies, and portfolio strategies.

To help you succeed, we’ve created a comprehensive question bank of 200+ CFA Equity Investments questions with detailed answers. These are divided into 4 parts for easy navigation, each focusing on core concepts and exam-style scenarios.
📚 CFA Level 1 Equity Investments – Question Bank (200+)
🔗 Part 1 (Q1–50)
CFA Level 1 Equity Investments Part 1 – Covers equity market basics, stock exchanges, and market organization.
🔗 Part 2 (Q51–100)
CFA Level 1 Equity Investments Part 2 – Focus on valuation techniques, DCF, relative valuation, and asset pricing models.
🔗 Part 3 (Q101–150)
CFA Level 1 Equity Investments Part 3 – Includes market efficiency, behavioral finance, anomalies, and equity indices.
🔗 Part 4 (Q151–200)
CFA Level 1 Equity Investments Part 4 – Exam-style advanced valuation, portfolio implications, and efficiency debates.
✅ Why Use This CFA Equity Investments Question Bank?
✔️ Covers all key concepts tested in CFA Level 1 Equity Investments.
✔️ Includes realistic exam-style multiple-choice questions (MCQs).
✔️ Provides detailed explanations for every answer.