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Turn your CFA notes into formula flashcards with AI

Upload PDFs, slides, notes or photos of your formula sheets and get flashcards built from the equations your course actually uses.

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How to study CFA formulas with flashcards

Memorizing CFA formulas is easier when each one is tested on its own. CFA formula flashcards work best when they come from your own curriculum notes, because the variables, sign conventions and assumptions you need to recall are already written there.

Put the variable definitions on the back of the card, not just the equation.
Make a separate card for each formula's assumptions and when it applies.
Review new formulas daily for the first week, then space them out.
Check the generated answers against your textbook before exam week.

Example CFA Level I formula flashcards

Which return measure removes the effect of cash flows the manager does not control?Time-weighted return, which is used to measure manager performance.

Sharpe ratio formula(Rp - Rf) / sigma p, the excess return per unit of total risk, where Rf is the risk-free rate.

Price of a bond with annual couponsP = sum of C / (1 + y)^t for each period t, plus F / (1 + y)^n, discounting each cash flow at the yield to maturity.

Macaulay duration formulaSum of t x PV(CF_t) divided by the sum of PV(CF_t), the time-weighted average timing of cash flows.

Capital asset pricing modelE(Ri) = Rf + beta_i x (E(Rm) - Rf), the expected return given systematic risk.

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Built on your material

Upload PDFs, slides, notes or photos of pages and get cards drawn from the formulas in your own curriculum.

Spaced repetition

Cards you miss come back sooner, so variables and conditions stick well before exam day.

Study in the browser

Review on any device at no cost. Export to Anki or CSV on the Plus plan.

How it works

Upload your notes

Add a PDF of your curriculum, slides, or a photo of a formula sheet.

Review the cards

Check the generated formulas and fix any variable definitions before you start studying.

Study on a schedule

Spaced repetition brings back the formulas you are most likely to forget.

Each card should ask for one idea: the formula, what each variable means, or when to use it. Shuffled review keeps you from relying on the order of a sheet, and spaced repetition brings back the formulas you miss most often.

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Frequently asked questions

Which CFA formulas should go on flashcards?

Focus on formulas you must apply under time pressure, such as time value of money, bond pricing and return calculations. Add a card for each variable's meaning so you can recall the formula from its parts.

How do I make CFA formula flashcards that stick?

Write each card as a question about one formula, and include units or sign conventions on the back. Review the cards you miss more often than the ones you already know well.

Can I export CFA formula flashcards to Anki?

Yes, on the Plus plan, which also includes PDF, DOCX and CSV export. The free plan lets you study flashcards in the browser without exports.

Is there a free plan to try it?

Yes. The free plan includes 3 generations per month, and no credit card is needed to start. Students with a school email get 40% off paid plans.

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Keep exploring the topic

Review the main ideas visually or practice recalling them.