Best CFA Prep Courses for 2025 | Compare Top Providers for Level 1, 2 & 3

Confused by all the CFA prep options out there? Cut through the noise, compare the top 2025 courses, and discover why UWorld is a smarter way to prep across all three levels.
CFA candidates comparing best prep course & prep providers content on laptops and tablets during a collaborative study session.

How to Choose the Best CFA Prep Provider for You?

Preparing for the CFA® Exam is no small feat. Whether you're just starting Level 1 or juggling work with Level 2 or 3 prep, your success is determined by finding a course that fits your lifestyle, strengths, and time constraints. The best CFA prep providers help you absorb complex content efficiently and stay motivated through long study sessions without overwhelming you with clutter.

To help you make an informed decision on the best CFA prep provider for your needs, we've organized a comprehensive comparison. This breakdown evaluates top providers based on key factors such as features, pricing, and learning styles, ensuring you can easily identify which option aligns with your study goals and preferences. Below, we’ve outlined the key areas of comparison to guide your choice:

UWorld CFA Prep Course vs Kaplan Schweser, AnalystPrep, and CFA Institute

Once you’ve narrowed down your top contenders, dive into this detailed comparison. From question banks and mock exams to analytics, instructor quality, and mobile access, this table lays out where each provider excels and where it falls short. It’s also a great way to see how UWorld delivers value at every stage, especially for CFA candidates who want realism, flexibility, and focused learning.

Feature UWorld Kaplan Schweser AnalystPrep CFAI
Full Course Access Yes
Level-wise, integrated learning system
Yes
Basic + Ultimate bundles
Yes
Tiered plans available
No
Study Books & Guides Yes Yes Yes Yes
QBank Quality Yes Yes Yes Yes
Sample Questions Yes Yes Yes Yes
Mock Exams Yes
2 per level, CBT-based
Yes Yes Yes
Essay Support (L3) Yes Yes No Yes
Performance Analytics Yes No Yes No
Flashcards Yes No No No
Mobile App Quality Yes Yes No No
Instructor Quality Yes
Peter Olinto + expert authors and CFAs
Yes
Known CFA instructors
Yes
Academic-style trainers
No
Curriculum only
Video Lectures Yes Yes Yes No
Pricing (per level) $$ – Mid-range, high value $$$ – Premium priced $ – Budget-friendly Free with exam only
Free Trial Yes No Yes No
Best For Yes
Realistic, complete learning
Traditional structured learners Budget learners Official-only study

Pros & Cons: Evaluating Your Options

When choosing a CFA exam prep provider, it’s important to weigh the benefits and drawbacks of each option. Below is a detailed comparison of some top providers, highlighting what they offer and where they may fall short.

Provider Pros Cons
Kaplan Schweser
  • Most recognized brand in CFA prep
  • Extensive study materials: SchweserNotes™, QBank, mocks, formula sheets
  • Available in multiple formats (online, print, live, on-demand)
  • Regular live online classes and instructor support
  • Strong reputation in the industry
  • Expensive compared to others
  • UI and learning platform can feel outdated
  • Analytics are not very advanced
  • Overwhelming for self-paced learners without guidance
AnalystPrep
  • Affordable pricing (monthly and full-course options)
  • Includes video lectures, QBank, mock exams
  • Clean UI, easy to navigate
  • Offers formula sheets and a study planner
  • Flexible packages (QBank only, full prep, etc.)
  • Lacks depth in explanations compared to Kaplan/UWorld
  • Community and support are limited
  • Fewer adaptive features or smart analytics
  • Less feedback from charterholders in course updates
CFA Institute (Official Provider)
  • Official curriculum, no risk of missing testable content
  • Practice questions and mock exams align closely with real exam format
  • New Learning Ecosystem (LES) offers adaptive and digital-first tools
  • Most accurate source of truth
  • No teaching or guided learning
  • Text-heavy and time-consuming
  • Not ideal as a standalone prep for most candidates
  • Poor UX/UI compared to third-party platforms
Others (IFT, Bloomberg, Wiley) IFT (Iftikhar’s Financial Training):
Budget-friendly, detailed videos based on CFAI curriculum

Bloomberg Exam Prep: AI-powered adaptive tech, interactive dashboard
IFT: Weak practice questions, minimal platform features

Bloomberg Exam Prep: Very expensive, fewer test questions, not widely adopted

CFA Prep Providers Level Specific Comparison Across Key Features

Every CFA® level is a new challenge, and your chosen prep course should meet you there. Level 1 builds your core foundation, Level 2 pushes you into advanced application, and Level 3 tests your ability to think like a portfolio manager. Each stage requires different strengths: clarity, depth, and strategy. This section breaks down how leading providers support candidates at each level so that you can prep with purpose, not guesswork.

Best CFA Level 1 Prep Course

CFA Level 1 is where confidence is built or lost. This first level introduces the breadth of CFA knowledge: ethics, quant, econ, and financial reporting. Success here depends on clear concepts, repetition, and learning how to think in CFA exam language.

Top Priorities for Level 1:

  • Grasping fundamentals across 10+ topics
  • Developing test-day discipline and endurance
  • Getting comfortable with CFAI-style MCQs
Provider CBT Interface Explanation Depth Practice Tools Visuals Price Tier Summary
UWorld
Yes
Yes
Visual + Concept-first
Yes
QBank + 2 Mocks
Yes
Strong
Yes
Affordable
Best for fast, visual, high-retention prep
Kaplan Schweser No
Limited
Yes
Moderate
Yes
Checkpoint exams
No
Minimal
Yes
High
Trusted name, but old UI
AnalystPrep Yes
No
Surface-level
Yes
Basic quizzes
No
Low
Yes
Budget
Entry-level, lacks depth
CFAI Official Yes
Yes
Dense & Academic
Yes
Blue Box + Mocks
No
None
Yes
Free (with exam)
Official content, no analytics

Why UWorld Wins for Level 1:

  • Exam-level question bank
  • Smart analytics to identify weak areas
  • Designed for self-study & professionals on the go

Try Our CFA Level 1 Study Materials to Help You Pass the Exam

Leave nothing to chance. Master core concepts, practice with exam-style questions, and boost your confidence with UWorld’s proven CFA Level 1 study materials.

CFA Prep Providers Level Specific Comparison Across Key Features

Level 2 is where most CFA candidates stumble; it’s not about knowing concepts anymore, but applying them. This stage introduces item sets, deeper valuation analysis, and more complex calculations under time pressure. Many fail not because they didn’t study, but because they didn’t practice strategically.

Top Priorities for Level 2:

  • Mastering item sets (mini case studies)
  • Applying formulas in layered scenarios
  • Getting comfortable with CFAI-style MCQs
Provider CBT Interface Explanation Depth Practice Tools Visuals Price Tier Summary
UWorld Yes Yes
Conceptual + Stepwise
Yes
Item Sets + Mocks + Drill
Yes
Strong
Yes
Affordable
Built for application-heavy, CFAI-style rigor
Kaplan Schweser No
Limited
Yes
Moderate
Yes
Checkpoint exams
No
Minimal
No
High
Comprehensive, but UI and depth feel dated
AnalystPrep Yes No
Light
Yes
Basic quizzes
No
Low
Yes
Budget
Budget-friendly, lacks analytical explanations
CFAI Official Yes Yes
In-depth & Formal
Yes
Blue Box + Topic Tests
No
None
Yes
Free (with exam)
Authoritative, but not user-friendly

Why UWorld Wins for Level 2:

  • Practice QBank mimics the CFAI format
  • Deep visual explanations make tough concepts stick
  • Summary decks built for review (not just reading)

Try Our CFA Level 2 Study Materials to Help You Pass the Exam

Leave nothing to chance. Master core concepts, practice with exam-style questions, and boost your confidence with UWorld’s proven CFA Level 2 study materials.

Best CFA Level 3 Prep Course

CFA Level 3 is a different beast; your thinking is tested, not just your memory. This level introduces essay-style (constructed response) questions and challenges you to tie together ethics, strategy, and portfolio theory in written form. Rushing into Level 3 without a strategy is a common trap.

Top Priorities for Level 3:

  • Practicing essay (AM) responses with feedback models
  • Internalizing investment frameworks (IPS, behavioral finance, etc.)
  • Managing time under split exam format (essay + MCQ)
Provider CBT Interface Explanation Depth Practice Tools Visuals Price Tier Summary
UWorld Yes Yes
Visual + Constructive
Yes
Essay (CRQ) + QBank + Mocks
Yes
Strong
Yes
Affordable
Best for essay feedback + exam-style reasoning
Kaplan Schweser No
PDFs
Yes
Text-Heavy
Yes
Checkpoint exams
No
Minimal
No
High
Good content, but limited essay interaction
AnalystPrep Yes No
Surface-level
Yes
Few item sets and quizzes
No
Low
Yes
Budget
Lacks adequate CRQ prep for Level 3 demands
CFAI Official Yes Yes
Authoritative, No guidance
Yes
Actual CRQs + Model answers
No
None
Yes
Free (with exam)
Official source, no practice interface or feedback

Why UWorld Wins for Level 3:

  • Guided essay models with structured responses
  • Logic maps and strategy walkthroughs
  • Ethics booster modules

Try Our CFA Level 3 Study Materials to Help You Pass the Exam

Leave nothing to chance. Master core concepts, practice with exam-style questions, and boost your confidence with UWorld’s proven CFA Level 3 study materials.

Top CFA Prep Courses to Consider in 2025

Not all CFA prep courses are created equal, and in 2025, your options are more diverse than ever. Whether you're a first-time test taker or retaking a level with tighter time constraints, finding the right course means matching your study style with the right tools, format, and support. Below, we break down top prep providers to help you cut through the noise and zero in on what matters most: effectiveness, efficiency, and exam-day readiness.

Best CFA Prep Providers by Learning Style

No single CFA prep course is best for everyone. This table offers a high-level overview of popular providers and the type of learner each one best serves, ideal if you’re still figuring out your study approach or want to see which platform aligns with your strengths.

Provider Best For Learning Style Fit
UWorld Concept mastery, mock realism Visual learners, analytics-driven
Kaplan Schweser Structured, textbook-first study Traditional readers, classroom learners
AnalystPrep Budget-friendly basic prep Self-paced learners on a budget
CFA Institute Official curriculum Deep readers, CFA purists

Why UWorld Is the Best CFA® Prep Course for Exam Success

Choosing a CFA prep provider is more than comparing features; it's about finding a platform built around how real candidates learn, retain, and perform. Whether you're a first-time candidate or retaking the exam, UWorld stands out as the most exam-focused, efficient, and user-friendly prep solution on the market. Here’s why UWorld is consistently rated as the #1 choice by CFA candidates worldwide:

This is an example of UWorld CFA review video lectures, which provide essential information to comprehend complex topics.

Review Video Lectures from Anywhere

Carry expert-led lectures wherever you go. Swap social media scrolling for a bite-sized study session. Review a video in the back of a rideshare or during your lunch break. Watch at your own pace — pause, speed up, and rewind — anytime, anywhere.

Get Exam-Ready with Exam-Level Questions

Access CFA practice questions written by our dedicated team of charterholders to meet or exceed exam-level difficulty. Each question is routinely updated to reflect the current exam format and CFA Institute learning outcome statements.

UWorld QBank interface showing tutor and timed mode, and subject options.
UWorld CFA mock exam interface

Assess Progress with Mock Exams

Our extensive library of exam-like practice questions meticulously replicates every detail of the exam day experience — interface, question format, difficulty level, number of questions, time constraints, and topic weighting.

Identify Your Knowledge Gaps

Identify knowledge gaps with advanced performance analytics so you don’t waste time studying what you already know. Track your progress by subject and topic, compare your results with peers, and feel confident going into the exam

UWorld performance analytics interface.
Printed and digital CFA study guides featuring topic summaries and exam practice materials.

CFA Study Guides

Comprehensive CFA study guides offering simplified topic reviews, practical examples, and exam-aligned practice questions.

Expert MasterClass

Weekly deep dives into the most testable CFA topics, combining expert instruction, real-time strategies, and structured problem-solving sessions to build exam confidence.

CFA student engaged in MasterClass session with detailed slides and instructor guidance visible on screen.
Group of candidates online participating in a 2-day Accelerate BootCamp for CFA exam prep.

Accelerate BootCamp

An intensive 2-day review designed to sharpen exam-day performance through strategic problem-solving, high-impact practice, and expert-led content breakdowns.

ExpertConnect

Small-group live Q&A sessions in the final weeks before the CFA exam, offering direct access to CFA experts for last-minute clarifications and personalized support.

CFA candidate asking questions during a live ExpertConnect Q&A session.
A UWorld CFA mock exam replicating the real CFA exam's Prometric interface

Realistic CFAI-Style Questions

Train for the real exam, not just a simulation. UWorld’s QBank is engineered to mirror the difficulty, structure, and tone of actual CFA exam questions. You’ll practice how you’ll be tested with layered logic, ethical gray areas, and calculation traps that help you build confidence under pressure.

Visual, Concept-First Explanations

Clear visuals beat dense text every time. Instead of long-winded text blocks, UWorld breaks down concepts using charts, graphs, and logic maps, which is perfect for visual learners and busy professionals who need to grasp rigid material fast.

UWorld's Dynamic Study Planner assignment calendar shows assignments by day, week, and month.

How the UWorld Platform & Interface Prepare You Like No Other

UWorld's CFA platform is engineered for learning, not just testing. Here’s how:

  • Experience UWorld’s Real Exam Feel through timed and untimed practice tests to mimic exam pressure or allow relaxed learning.
  • On-the-fly Notes & Bookmarks to build custom revision paths.
  • Real-time Concept Linking that surfaces explanations when you need them.
  • Mobile-first Design that fits your schedule—anywhere, anytime.

The focus is not just passing, but deeply understanding CFA concepts so that you can apply them with confidence in your career.

Why Peter Olinto Recommends UWorld

Peter Olinto - CFA, JD, CPA (inactive), and one of UWorld’s flagship instructors, combines lecture clarity with real exam simulation. His approach:

  • Bitesized clarity: 5–15 minute lessons targeting specific LOS
  • In-context teaching: Paired with a mock interface for practical review
  • Efficiency-focused training: Ideal for on-the-go review during daily routines
UWorld CFA Platform Walkthrough

Here’s an insightful video tour showcasing the UWorld platform, including interface design, question delivery, and built‑in tools:

Final Thoughts

Choosing the best CFA exam prep course for 2025 depends on your unique study preferences, career path, and time commitments. UWorld stands out for its realistic practice, smart feedback, and modern learning experience, making it the top CFA prep provider for Level 1, Level 2, and Level 3 candidates. When evaluating your options, consider your learning style; are you a visual learner, someone who prefers text-heavy material, or a self-studier who values pacing? 

Also, think about whether the course mirrors the CFA exam interface, if the explanations are deep, visual, and concept-first, and if it includes mock exams with analytics by topic. Ensure the platform is adaptive and mobile-compatible, and always evaluate the total value relative to the price. Don’t forget to check user reviews across platforms like Reddit, AnalystForum, and Quora for additional insights.

With proven pass rates and rave reviews, UWorld has become a trusted prep partner for thousands. Whether you're a self-studier, a working professional, or a full-time student, UWorld provides a prep path designed to maximize your success.

Here's Your Best Bet to Passing the Exam!

Your CFA prep course should deepen your comprehension, not just provide many questions to sift through. And that's precisely what we do at UWorld. Don't settle for subpar when The Best is available.

Hear From Our Past CFA Candidates

quote
UWorld CFA QBank questions challenge me to think from different perspectives, which is great. It is helping me to strengthen the concepts I remember and relearn the ones I forgot. Also, the feature to make QBank with varied topics and in the same theme as the official exams is perfect.”
Pratham
quote
A great set of CFA questions that hit all parts of the exam and the questions are well organized by sections. Your explanations are really useful and way better than CFAI QBank. I'll purchase your Level 2 packages when I pass L1 and take L2. Overall a great platform to practice.”
Selman
quote
UWorld CFA exam questions are very nicely written and challenging, putting me in a state of mind that I have to keep going and improve. The Qbank is harder IMO than Schweser and CFA QBank. Answer explanations are AWESOME. The only QBank I've used so far that tests all topics in the material!”
Frederick

FAQs

UWorld CFA is ideal for working professionals thanks to its mobile-first design, offline access, and visual explanations. Its time-saving QBank, smart analytics, and customizable quizzes help busy candidates study efficiently and focus on weak areas. Check this page for more information about the best CFA exam provider for working professionals.

For self-study students, UWorld offers a comprehensive and structured prep experience without needing live classes or hand-holding. The platform includes an exam-level QBank, built-in flashcards, detailed performance analytics, and a planner tool to guide progress. It’s perfect for candidates who prefer learning at their own pace while still staying aligned with CFA Institute standards.

UWorld is unmatched for visual learners, offering diagram-rich answer explanations, logic maps, charts, and clean layouts that make complex CFA topics easy to understand. Unlike text-heavy providers like Kaplan, UWorld explains why answers are correct using intuitive visuals and step-by-step breakdowns. For visual learners who retain information better through structured visuals rather than long paragraphs, UWorld delivers a clear advantage.

Yes. Unlike most providers, UWorld’s content is custom-built for each level. Level 2 focuses on application; Level 3 has essay-focused strategies.

Absolutely. UWorld provides 24/7 access, responsive customer support, and a global QBank trusted across time zones.

Kaplan leans on traditional textbooks and videos. UWorld uses active learning, smart analytics, and concise, visual-first explanations to simulate real exam conditions better.

UWorld’s interface closely mirrors the real CFA testing platform, offering full-length mocks, timed sessions, and custom practice quizzes.

Many candidates find UWorld sufficient for passing Levels 1 and 2. It’s ideal when paired with the official CFA curriculum for reference.

References

  1. UWorld’s Level 1 questions felt closest to the actual CFA exam. Their explanations helped me understand, not just memorize.” – u/FinancePrepGuy https://www.reddit.com/r/CFA/comments/1007fey/any_thoughs_on_uworld_cfa_qbanks/
  2. Level 2 is where I realized most providers just repackage Level 1. UWorld was built for Level 2.” – u/QuantPathfinde https://www.reddit.com/r/CFA/comments/18or25r/best_qbank_for_lvl_ii 
  3. I passed Level 3 after switching to UWorld. Their constructed response practice made all the difference.” – u/EssayGrindr https://www.reddit.com/r/CFA/comments/1i5t36h/uworld_vs_mm_for_l3_i_need_reviews/
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