KEY CONCEPTS AND TOOLS
FOR THE CFA PROGRAM LEVEL 1 EXAM
This book contains the main concepts related to derivatives that you need to understand if you plan to take the Level I exam of the CFAⓇ program. I have tried to keep this book very compact, theoretically solid, and not verbose.
Students who are not contemplating becoming financial analysts, but who are more interested in risk management, econometrics, economics, or other fields, will also find this text useful.
I also recommend this book as a complementary reading to the students who are taking actuarial (SOA, CAS, …) exams. It will give them a broader, more financial, vision than what they usually learn by pursuing their actuarial studies.
This book is part of a series of books that I am writing for the CFAⓇ exams. It is also written in such a way that you can use it throughout your career. This book includes questions that are helpful for understanding the concepts tested in the exam.