Best CFA Prep Courses

Let Me Find the Best CFA Prep Course for You!

I'm here to help you find the best CFA prep course for you. So, I've analyzed the most popular CFA review courses available and included their pros and cons here. I've also allowed the experiences of my readers and comments from financial analyst forums to inform my conclusions. 

CFA Prep Course Comparison Disclosure 

Finding the Best CFA Prep Course for You!

I can't say that one CFA prep course is truly the best because different CFA review courses are more effective for different candidates based on their educational backgrounds and learning styles. But, because there are so many CFA study materials to choose from, I'm sure one of them will be the best CFA prep course for you! To learn more about your CFA prep course options, check out our summary below. 

CFA Prep Courses

Wiley CFA Review

(Elan CFA)

Schweser CFA Review 

Fitch CFA Review 

Package

Platinum

Premium Plus

Complete

​Full Classroom Package

Pricing

​Level ​I & II: $1,345; Level III: $1,295

$1,499+

​​Level ​I: $299; Level II: $449; Level III: ​$599

​​​Level ​I: $1,395; Level II: $​1,495; Level III: ​$​1,595

CFA Discount

No discount

No discount

# of Video Instruction Hours

​Level I: 90+

Level II: 100+

Level III: 50+

​45+

​Level I: 40+

Level II: 33+

Level III: 30+

​Unknown

QBank Quality

# of Practice Questions

​Level I: 5,000+

Level II: 2,000+

Level III: 950+

​Level I: 3,800+

Level II: 3,000+

Level III: 2,000+

​Level I: 2,500+

Level II: 1,000+

Level III: 600+

​5,000+

# of Mock Exams

​3, including 11th hour mock exam

​4

Candidate-generated

​Unknown

Customer Service

Live online virtual classes

Instructor help

Study forum

Instructor help desk

Perform​ance Tracking

Pass Guarantee

(One reset only)

Free Trial

Access Until You Pass

(W/ restrictions)

Recommendation & Analysis

Detailed Comparison of CFA Prep Courses 

Wiley CFA Review

Due to an acquisition in 2012, Wiley CFA Review is a combination of the Elan CFA Guides and the state-of-the-art Wiley learning platform. Therefore, the Platinum package teaches the CFA exam content via a variety of means. Specifically, this course includes practice questions, mock exams, videos, and virtual courses. You'll also get a CFA cram course that you can use to review the material one more time a few days before your testing appointment. 

Strengths

Best videos

Featuring star instructors Peter Olinto and Basit Shajani, the Wiley videos are very professional and informative.

Challenging questions

Not many CFA prep courses make practice questions as tough as Wiley does. But that's good news, because it means that Wiley's CFA practice questions will prepare you for any curveball questions the real exam may throw at you. 

Convenient policies

I believe that most candidates don't want to make a big investment in a CFA prep course before they're absolutely sure it's the one for them. And thankfully, Wiley agrees. So, they let candidates access the course before they buy by signing up for a 14-day free trial. Then, Wiley leaves you worry-free when it comes to your materials expiring while you study. Thanks to their access until you pass guarantee, you only have to pay for the course once, no matter how many times you take the CFA exam. 

​Affordable

Truly, this course isn't cheap. But, because it comes with so many awesome features, we feel it is a super great value. 

Weaknesses

Excessive coverage

If you've got a finance degree or finance experience, you may think that Wiley goes overboard with the amount of material they present. But, if you prefer to thoroughly cover all of the exam content so you're sure not to miss anything, you'll probably find Wiley's depth of coverage to be beneficial. 

Recommendation

If you need a more comprehensive CFA study program, then Wiley CFA Review will be the perfect choice for you. With professional instructors who teach the basics and beyond, value that can't be beat, and reassuring free trials and unlimited access, we highly recommend this course. 

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Schweser CFA Review

One of the most established brands in the CFA review course industry is Schweser CFA Review. Though many people consider Schweser to be the best CFA prep course provider, I don't think Schweser is for everyone. 

Strengths

Comprehensive course

The Schweser CFA prep course completely integrates the lectures with the notes. The course also includes a reputable Qbank (practice questions), mock exams, videos, and access to lecturers. 

Easy-to-understand materials

Regardless of your finance background, you'll find the Schweser notes to be just right in many ways. They're clear and concise with a perfectly balanced length and depth.

Most mock exams

Of all the CFA prep courses we reviewed, Schweser's course contained the most practice exams. Having so many mock exams available is a real advantage because mock exams enable you to grow completely comfortable with the format and functionality of the exam before you sit for it. 

Intuitive course guide

The Schweser course comes with a unique study guide called Stanley that helps you navigate through the extensive program materials.

Weaknesses

Most expensive

Schweser offers a lot of great resources in its CFA prep course, and it makes you pay quite a bit for them. What's worse, Schweser's high price rises even higher when you select add-ons such as in-person classes or WindsorWeek. Paying so much for this course is even harder to justify when you realize it doesn't include the most customer-friendly policies or guarantees. 

Shallow content

Schweser's notes and video content are easy to understand, but they also teach the concepts at a very high level. For this reason, some students may find that the information doesn't go deep enough for them to fully grasp the material.

Inconvenient policies

Schweser is a little stingy with its policies. They don't offer a pass guarantee, extended access for retakers, or even a free trial. 

Recommendation

In conclusion, the Schweser CFA Review course is best for busy candidates who have a solid understanding of finance and a preference for reviewing the exam content at a high level.

AdaptPrep CFA Review

AdaptPrep CFA Review may be fairly new to the field, but they've enhanced their affordable courses with a lot of value.  

Strengths

Large Qbank (CFA practice questions)

The AdaptPrep course doesn't supply the highest number of practice questions, but their Qbank still includes plenty of opportunities to build the confidence you need to pass. 

Very affordable

The AdaptPrep CFA Review course also comes in at one of the lowest prices in the industry. And because the course is so excellent, you're not settling when you pay this price. Instead, you're getting a great deal. 

Includes formula sheets

You'll find all the formulas you must memorize to pass in the useful study tool.

Adaptive technology

AdaptPrep's adaptive technology gauges your performance with the practice questions. When you perform well, the course makes the questions more difficult so you can become more skilled. 

Weaknesses

Dry lectures

AdaptPrep's lectures are not the most captivating, so they're not ideal for visual learners. 

Fewer features

AdaptPrep may have innovative technology, but it doesn't have quite as many useful features as Wiley CFA.

Recommendation

If you have a decent knowledge of finance and a preference for an automated, adaptive study process, then AdaptPrep CFA Review is the course for you. 

Furthermore, AdaptPrep is also probably the best course for someone supplementing the CFAI study materials due to its excellent price point. 

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Fitch CFA / 7City Learning

Fitch CFA Review

Fitch CFA was once 7City Learning. Under their new name, they provide both classroom and online CFA prep courses. 

Strengths

Enlightening videos

I believe the Fitch CFA Review course is better for visual and auditory learners than the Schweser course because Fitch's videos are more instructive. 

No Pass, No Pay

Conditions for this unique guarantee apply, but if you meet them, you can receive a check from Fitch if you don't pass the CFA exam. 

Learning cognition resource

Fitch Learning Cognition (FLC) is the part of the online platform that assess your strengths and weaknesses and directs you toward the most critical topics. In this way, FLC provides you with a truly adaptive learning experience. 

Weaknesses

Lack of in-depth materials

Fitch's notes are not the most detailed, so you may struggle to find the additional explanation you need to understand a topic. 

Fluctuating class schedule

If enrollment is low enough, Fitch will cancel its classes. Consequently, this situation can lead to frustrating setbacks for candidates with tight schedules. 

Recommendation

Fitch is decent at just about everything, and they may really appeal to you. But due to their lack of any outstanding features, I struggle to recommend Fitch over other courses.

My General CFA Study Material Recommendation

wiley-cfa-prep-courseThe CFA is one of the most (if not the most) daunting professional exams. What's more, the different levels of the exam build upon one another by expecting a deeper understanding of the concepts from Level 1 to Level 3. 

With this information about the exam in mind, I recommend Wiley CFA Review to help you pass the CFA exam. I believe Wiley CFA has the best videos, notes, and practice questions, and I think most candidates would agree. The Wiley CFA course puts these high-quality resources into a nice, neat package along with help from lecturers, a free trial, and an access until you pass guarantee. At this time, the Wiley brand isn't as big as Schweser, but Wiley's lower price point is a benefit of that fact. 

Wiley CFA Discount Code

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Best CFA Course Video Lectures

Watching a video while you study is usually a great way to waste precious review time. But if you're watching a video lecture that comes with your CFA prep course, then this activity is actually a perfect way to prepare for the CFA exam. Your CFA prep course's video lectures can help you learn a lot of important CFA exam content. Furthermore, you can also process the information faster and retain it longer, deepen your understanding, engage with the concepts more enjoyably, and complete more convenient study sessions, all from viewing video lectures. To me, that sounds like plenty of really good reasons to value CFA course video lectures! And here's even more good news: every CFA prep course has them. 

CFA Prep Course

# of Video Lecture Hours

Fitch CFA Review

120

Wiley CFA Review

110+

AdaptPrep CFA Review

103

Schweser CFA Review

49

Clearly, the CFA prep course market presents a lot of variation in CFA video lecture hour numbers. But conveniently enough, the courses that supply a higher number of hours also make better video lectures. In fact, the best CFA video lectures on the market not only come with plenty of hours, but they're also well made and cover the exam content exceptionally. And the course that boasts these bountiful video lectures is Wiley CFA Review. 

  1. Wiley CFA Review

Now, I can see that Wiley CFA Review's video lecture hour total falls short of Fitch's, but I also know that Wiley's video lectures are more successful. Peter Olinto and Basit Shajani supply star power to the Wiley videos, and the Wiley videos cover the exam content extensively. While Wiley's level of coverage can be overwhelming in other areas, it's a good thing for their video lectures, as comprehensive videos really aid auditory and visual learners. 

So, when you choose to review with Wiley CFA video lectures, you can study and watch a show at the same time!

Best CFA Course QBanks

You need to answer plenty of practice questions in order to be completely prepared for the CFA exam. Why? Because Level 1, Wiley CFA Review, and Level 3 each have hundreds of questions about hundreds of topics. So, the CFA exam could ask you about anything relating to finance at any time. So, where can you find all the practice questions you need to answer? In a CFA course Qbank. 

A Qbank is an assortment of practice questions written to represent real CFA exam questions as accurately as possible. When you have a Qbank, you can increase your exposure to the exam content, improve your weak areas, and develop your familiarity with the testing environment. And when you have a particularly large Qbank, you can also decrease your chances of memorizing the questions, which is the best way to go.

CFA Prep Course

# of Practice Questions

Wiley CFA Review

L1: 5,500+; L2: 2,300+; L3: 1,500+

Schweser CFA Review

L1: 4,000+; L2: unknown; L3: unknown

AdaptPrep CFA Review

L1: 2,500+; L2: 1,000+; L3: 600+

Fitch CFA Review

3,000+

As you can see, the CFA review course industry features a lot of variance in Qbank size. However, the Wiley CFA Review Qbank has both the highest number and the most challenging practice questions, so it's the best Qbank on the market. 

  1. Wiley CFA Review

The Wiley CFA Review Qbank has tons of practice questions, which is awesome. When you crack open the Wiley Qbank, you'll find more than 5,500 practice questions for the Level 1 exam, more than 2,300 for the Level 2 exam, and more than 1,500 for the Level 3 exam. You'll also see that Wiley's questions reflect the difficulty level of real CFA exam questions better than any other course. Challenging practice questions are essential because they'll enable you to refine your skills and boost your confidence for exam day. 

So, if you're ready to drill through practice questions and cozy up to the CFA exam format, you're ready for the Wiley CFA Review Qbank. 

Best CFA Course Mock Exams

Missing the CFA exam passing score and failing even one CFA exam can really set you back. That's because the CFAI has made several different CFA exams, and you can only take them on particular CFA exam dates. You have a better chance of avoiding this annoying situation if you're familiar with how the exam looks and operates before you sit for it, but how can you acquire that familiarity without taking an actual exam? Three words: CFA mock exams. 

CFA course mock exams introduce you to the exam format and functionality during your studies so you are super ready for the L1 CFA exam ahead of time. 

CFA Prep Course

# of Mock Exams

Schweser CFA Review

L1: 6; L2: 6; L3: 6

Fitch CFA Review

L1: 2-3; L2: 2-3; L3: 2-3

Wiley CFA Review

L1: 3; L2: 2; L3: 1

AdaptPrep CFA Review

Candidate-generated

To side-step the hassle of sitting for even one CFA exam twice, you'll want to take as many mock exams as you can get your hands on. Thankfully, the quality of CFA review course mock exams is comparable, so we're just looking for quantity here. And we find the highest number of CFA course mock exams in Schweser CFA Review. 

  1. Schweser CFA Review

Schweser CFA Review is the course that's got all your CFA mock exam needs covered. Not only does Schweser CFA Review come with more CFA course mock exams than any other provider, but this course also keeps you well-stocked with CFA mock exams from L1 to L3, with 6 mock exams for each level. With so many mock exams available to you, you can hit the ground running toward the L1 exam with advance knowledge of the testing experience. Then, you can ride that knowledge high all the way to L3 success by perfecting your testing performance. 

You certainly won't be set up for CFA exam success if you don't take any mock exams. Having plenty of CFA mock exams gives you an essential head start to passing each test, and you'll get all the CFA mock exams you need from Schweser CFA Review. 

Best CFA Prep Course Performance Tracking

Because you can't take the CFA exams whenever you want to in a year, and because you have to pass 3 exams to become a CFA, finishing the CFA exam process takes time. But it doesn't have to take any more time than necessary, and CFA course performance tracking can help you keep your study time at a minimum while still ensuring that you're ready to pass. 

CFA course performance tracking enables you to monitor your study progress and strengthen your weak areas all the way up until exam day. With such helpful analytics about your exam preparations, you can maximize your study time and be completely sure that you're ready to pass. 

CFA Prep Course

Performance Tracking

AdaptPrep CFA Review

Adaptive Technology

Wiley CFA Review

Study Planner, Online Dashboard, Progress Metrics

Fitch CFA Review

Adaptive Technology

Schweser CFA Review

Adaptive Technology

What's more, performance tracking integrated with adaptive technology lets you take your study productivity to the next level. A course equipped with adaptive technology adjusts to your learning style and speed. So, if a certain concept isn't sticking for you, the course will suggest you approach that topic using a different study resource. Furthermore, as you answer practice questions, the course will give you harder questions about the topics you know well and easier questions about the topics that are still tricky for you. Performance tracking with adaptive technology is clearly a CFA review game-changer, and AdaptPrep CFA Review is the best place to get these features. 

  1. AdaptPrep CFA Review

With its dynamic course platform, AdaptPrep CFA Review increases the difficulty of your practice questions as you perform better. In doing so, AdaptPrep helps you deepen your level of comprehension with the exam content. Furthermore, it also helps you optimize your time management. Additionally, AdaptPrep features predictive analytics that predict your preparation levels. Specifically, the Topic Mastery system helps you identify your strengths and weaknesses so you know everything you need to know to pass.

 For candidates who come to the CFA exam with a lot of questions about how to study and how to maximize their preparations, adaptive technology can be a real life-saver. And you’ll find exceptional adaptive technology in AdaptPrep CFA Review.

Best CFA Course Pass Guarantees and Access Lengths

I know you want to pass the CFA exam as fast as you can. That's a great goal, but sometimes, the unexpected interfere. For example, you may not get the testing appointment you wanted. Or, you may fail one level of the exam. In case anything delays your progress, you'll want extended access and regular updates to your CFA prep course at no extra cost. And you can get these features when you purchase a CFA review course with the right policies and guarantees. 

Specifically, you'll want a pass guarantee, which prevents you from paying an additional penny for the course no matter how many times you fail. An access until you pass guarantee is also desirable, as it promises constant updates to your course until you finish the exam. When you secure course perks such as these, you also ensure peace of mind through the entire process of passing the CFA exam. 

CFA Prep Course

Pass Guarantee

Access Until You Pass

Wiley CFA Review

Yes

Yes

Fitch CFA Review

Yes

Yes (with conditions)

AdaptPrep CFA Review

Yes (one reset only)

Yes

Schweser CFA Review

No

No

Thankfully, most CFA prep courses include some kind of pass guarantee and access until you pass. Therefore, we need to evaluate these policies further to determine which ones are the most customer-friendly. As you can see, several CFA review course providers have attached conditions to their guarantees. Usually, these conditions are not hard to meet as long as the CFA exam candidate keeps track of them. But some CFA course providers actually have limitations on their guarantees, such as only granting extended course access to a candidate one time. As a candidate, you can't control these limitations, and they may really inhibit your course progress. Consequently, you may want to steer clear of those CFA courses, and for that reason, choosing the Wiley CFA Review course is the way to go to get the best CFA course guarantees and access lengths. 

  1. Wiley CFA Review

Wiley CFA Review is here for candidates who face undesirable changes to their CFA exam plans. Wiley demonstrates this fact with their hassle-free course policies and guarantees. For example, Wiley's pass guarantee vows that their course has no expiration dates, and all course repeats are free. What's more, Wiley's "Your Partner Until You Pass" Guarantee elucidates that content updates and software upgrades don't come with any fine print. On top of that, these services are free, don't require any paperwork, and allow you to retain your notes, practice tests, and metrics when you re-take the course.

Because Wiley CFA Review prioritizes convenience, flexibility, value, assistance, and peace of mind, it's the best course for CFA course pass guarantees and access lengths. 

Does CFAI Provide Review Materials?

The organization that creates the CFA exam and awards the CFA designation is the CFA Institute (CFAI). The CFAI also wrote the Candidate Body of Knowledge, the foundation for the CFA exam curriculum. This document delineates the CFAI's expectations for what candidates must know to pass the CFA exam. 

The CFA Institute gives candidates online access to the curriculum readings after the candidates register for the CFA exam. If you want to receive the printed versions of the readings, you must pay $150. If you fail a CFA exam level and the CFAI lets you sit for the exam again within that same year, the CFAI won't send you another curriculum, as it would be the same as what you received before. But if you sit for the exam again the next year, the CFAI will send you the most recent edition of the curriculum, as the curriculum may have changed by then. 

Because the CFAI gives you the exam curriculum for free, you could rely solely on the curriculum to prepare for the exam, and some candidates do. But on its own, the curriculum actually makes an ineffective study option for many candidates, as they find it overwhelming and boring to get through. And of course, the curriculum doesn't include practice questions, mock exams, or performance tracking, so it can't really help you improve your understanding or perfect your weak areas. Therefore, 70-80% of all CFA exam candidates combine the curriculum with a full CFA review course so they can study more efficiently and effectively. 

What Is a CFA Prep Course? 

A CFA course is a set of materials discussing the CFA exam content. CFA candidates can prepare for the exam by completing a CFA course. While some CFA review courses involve attending a live class in person, many are resources you access online, thereby allowing you to study for the exam on your own time and at your own pace. You can continue to review the CFA exam curriculum as you work through your CFA course. But because your CFA course addresses the entire curriculum, you usually don't need to refer to the curriculum once you have a CFA course. 

Do I Really Need a CFA Prep Course?

Theoretically, you do not need a CFA review course because you will receive the CFA exam curriculum, which tells you what you need to know. But relying on the CFA exam curriculum alone is risky, as doing so leaves so much up to you. And, with CFA exam pass rates averaging 48%, skipping out on a CFA prep course is not worth the risk. And if you don't already feel super familiar with every exam concept (which most of us don't at the beginning of our exam journeys), then supplementing with a CFA review course is essential. 

You should also work with a CFA review course if you want to be absolutely certain that you know the exam content as well as necessary. Finally, if you'd like to see and interact with the exam format and functionality before you take the exam so you face fewer surprises on exam day, you need to take a CFA review course. 

The good news about CFA review courses is that they are worth the money due to how many materials CFA review providers pack into them. CFA review providers design all of these study materials to address your various learning style needs and enable you to strengthen your weak areas with the exam content. For example, CFA review providers almost always supply you with digital or physical books, or both. They also enhance their courses with Qbanks, which contain tons of practice questions representing those on the real exam. Another study bonus CFA review providers offer is a collection of mock exams you can use to develop your testing strategy and time management. And the most tricked-out CFA courses also feature performance tracking and/or adaptive technology. 

What Are the Benefits of a CFA Prep Course?

Investing in a CFA prep course is truly worthwhile for several reasons. When so many CFA exam study materials are within your reach, you can enjoy the following benefits: 

  • Understand all of the exam content before you take the exam.

The CFA exam focuses on a lot of financial information. What's more, the CFA exam curriculum is pretty dry. Reading it is beneficial, but if you're not a linguistic learner, learning from it can be quite challenging. Thankfully, a CFA prep course compensates for the limitations of the CFA exam curriculum by supplying plenty of study material options, such as videos, books, question banks, mock exams, and more. These resources equip you to create more customized study sessions that fit your learning style. On top of that, mixing up your review materials allows you to maintain your focus and deepen your understanding. So, the more study materials you have available to you, the better chance you have of being completely ready for each exam and passing them the first time. 

  • Deepen your knowledge levels and sharpen your skills.

An additional advantage of study material options is the opportunity to level up your knowledge and skills. If you just read through the curriculum several times, you won't be able to assess your understanding or analyze your abilities. Yet, a CFA review course gives you those chances with practice questions and mock exams. When you have performance tracking and adaptive technology as well, you can be certain you've mastered even the most difficult concepts and can answer any question about any topic. Finally, you can also experience the testing process prior to exam day and enjoy the major confidence boost that interaction brings. 

  • Enjoy exam support in the form of live online classes, instructor help, or study forums.

The CFA exam is one of the longest professional exams out there, as finishing the whole thing takes candidates an average of 3-4 years. But you don't have to be on your own that entire time. Rather, you can get help for your journey from your CFA course. Some courses include live online classes that you can join to enjoy an interactive educational environment. Other courses offer instructor assistance to recreate student-teacher interaction or host study forums so candidates can ask each other questions and work together to understand the exam topics. You'll find that as you endeavor to pass multiple exams over multiple years, a support system such as these is just what you need to stay motivated and encouraged. 

Can You Prepare with Just CFA Books?

If you are already very well-acquainted with finance and need little extra instruction to prepare for the CFA exam, you could consider pairing the CFAI curriculum with a CFA book from another provider. This strategy can save you a lot of money on your CFA exam prep and be just as effective if you're a good self-studier. 

There are a number of CFA Level 1 books to choose from, and you can easily analyze them using our detailed comparison. 

How Much Does a CFA Course Cost? 

The most popular providers have a CFA course for each exam level, so you must buy 3 CFA courses in total.  

The most basic courses available from CFA course providers usually include study guides, practice questions, mock exams, performance tracking, and, occasionally, short videos. Prices for these courses range from $149-$695.

CFA Review Provider

Basic Course Price (1 Exam Level)

AdaptPrep

$149

Wiley

$595

Schweser

$649

Fitch

$695

CFA review providers also offer more complete course packages for each exam level, which hold study materials like in-depth video lectures, live webinars, virtual classes, formula sheets, study planners, even more practice questions and mock exams, cram courses, and more. These packages usually cost between $299-$2,598.

CFA Review Provider

Premium Course Price (1 Exam Level)

AdaptPrep

$299

Wiley

$1,345

Fitch

$1395

Schweser

$2,598

So, to get courses for all 3 levels, you must pay somewhere between $447-$7,794. This price range doesn't include any course supplements you may want. These additional materials can cost anywhere from $45 to $395.

The reality is that preparing for the CFA exam costs quite a bit of money. You not only have to pay for a CFA prep course, but you also must cover the CFA exam fees. However, you can keep your CFA exam expenses to a minimum by using our CFA course discounts to get a great deal on your CFA exam prep. 

Is Wiley the Best CFA Course? 

We've placed Wiley CFA Review at the top of our CFA prep courses list because Wiley gives candidates amazing features at a great price point. 

Wiley’s Amazing Features

A big part of what makes Wiley so great is their quality video lectures. Wiley's videos are super easy to follow and led by thorough, captivating instructors. Wiley's practice questions also reproduce the real exam questions very well. Wiley writes their questions well and makes them realistically challenging, so these questions give candidates great insight into the difficulty of the CFA exam.

Wiley also sets itself apart with a free trial and candidate-considerate guarantees. Wiley CFA Review comes with always-free content updates and access until you pass all 3 exam levels. 

Last but not least, Wiley CFA Review is the best value on the market. This course may not be the cheapest, but it still comes with tons of top-notch study materials for much less than the most expensive courses. And when you use our exclusive Wiley discount to save 20%, you get even more value for your money. 

What if you're already pretty comfortable with the exam content and all those extra resources would just be excessive? In that case, you can just supplement with Wiley's famous 11th Hour Guide. Wiley's Guide is more detailed than Schweser’s Secret Sauce, and if you consistently score 70% on the questions for each reading, then the 11th Hour Guide is the only thing you need to succeed.

Wiley’s Amazing Price

At this point, you may be wondering: "If Wiley is so great, how can the price be so low?"

That's a great question. And at this point, the answer is that the purpose of Wiley's price point is to stay competitive in the industry. After acquiring Elan, Wiley tricked out an already low-cost course with high-tech online platform in order to challenge the monopolies of bigger providers. The result? CFA candidates can get an excellent tool at a stellar price.

With all this in mind, we feel that candidates who need engaging, thorough video lessons and a comprehensive set of tricky practice questions will benefit the most from Wiley. But, when you factor in everything that Wiley has to offer (what we've already mentioned plus detailed instruction, study notes, an interactive study planner, performance tracking, live virtual classes, and more) it's clear that anyone can benefit from using Wiley. And for that reason, we recommend Wiley the most.

Is Schweser CFA Review Worth It?

As we begin to assess Schweser CFA Review, we must acknowledge that Schweser is the leader in the CFA review industry. Throughout its history, Schweser has been able to acquire several different companies, build an empire of sorts, and encounter little competition until recently. At the same time, Schweser has distinguished itself as the most expensive course on the market. So, the question is: are you getting a high-quality CFA review course that really is worth every cent, or are you simply sponsoring a brand name? 

Schweser’s Solid Summaries

We can't deny: Schweser has a few things going for it other than the big name.

First of all, Schweser's videos and notes are very precise. They summarize the CFAI curriculum to an extent that makes the content quite a bit more bearable and beneficial for some.

Secondly, Schweser seems to hold the biggest supply of mock exams of any course in the business. Specifically, Schweser's course comes with 6 mock exams for each exam level. This amount of mock exams is significant, as mock exams allow you to perfect your testing performance while interacting with the exam format. 

Schweser’s Financial Scheme

Yet, those are all the good things we have to say about Schweser. Now, we must point out the cons of this popular course. 

First, we must mention Schweser's lack of detail. Excessively summarizing the exam content may not hinder well-informed candidates, but it will leave candidates who need more basic instruction in a lurch. What's more, Schweser's videos aren't the most engaging on the market. In fact, they can be a bit dull due to the fact that the instructors' words are very scripted and never enhanced with additional insight.

And we certainly can't forget about the sky-high prices. While we're not surprised by the idea of paying a lot for a brand name, we are shocked that Schweser doesn't take good care of their candidates after asking them to pay so much. Unlike Wiley and other courses that endeavor to keep candidates well-satisfied with pass guarantees and access until you pass, Schweser skimps on the pro-candidate policies by only offering to give exam re-takers 50% off their Premium packages. No other provider is so miserly, so this is quite ridiculous. 

So, yes, Schweser can help candidates who find the CFAI curriculum overwhelming and don't need that much detail. But we can't recommend Schweser in good conscience as long as they plunder candidates' bank accounts and keep good guarantees at arm's length. With these marks on Schweser's record, we're inclined to prefer other courses (like Wiley) instead. 

About the Author Stephanie Ng

I am the author of How to Pass The CPA Exam (published by Wiley) and the publisher of this and several accounting professional exam prep sites

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