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Turn your CFA Institute study material into flashcards with AI

Upload your curriculum readings, lecture slides, or photos of notes and get flashcards you can review on a spaced repetition schedule.

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How to build CFA Institute flashcards from your own material

Preparing for the CFA exams means memorizing a large amount of terminology, formulas, and ethics standards across Level I, Level II, and Level III. CFA Institute flashcards made from your own readings and notes let you drill exactly what your course covers, instead of a generic deck.

  • Cards come from your own CFA curriculum files, so the deck matches what you are actually assigned.
  • Spaced repetition moves weak topics like derivatives or fixed income duration back into your review queue.
  • Mixing formulas, definitions, and Standards of Professional Conduct in one deck keeps every topic in rotation.
  • Exporting to Anki on the Plus plan lets you continue reviewing on other devices.
Example CFA Institute flashcards for ethics and finance
What are the seven categories of the CFA Standards of Professional Conduct?Professionalism, Integrity of Capital Markets, Duties to Clients, Duties to Employers, Investment Analysis and Recommendations, Conflicts of Interest, and Responsibilities as a CFA Member or Candidate. Knowing the categories helps you place each scenario question under the right Standard.
What does the Capital Asset Pricing Model (CAPM) calculate?Expected return equals the risk-free rate plus beta times the market risk premium. Beta measures how much the asset moves with the market, so it drives the risk adjustment.
What does Standard III(A) Loyalty, Prudence, and Care require?Members must act for the benefit of their clients and place client interests ahead of their own and their employer's. Exam questions often test this when a client and firm interest conflict.
What is the present value of a perpetuity?PV equals the payment divided by the discount rate, PV = PMT / r, for payments that continue indefinitely. The formula applies only when the first payment arrives one period from now.
What does a higher bond duration mean?The bond price is more sensitive to changes in interest rates, so a 1% rise in yield causes a larger percentage price drop. Duration is an approximation, most accurate for small yield changes.
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Built from your files

Upload PDFs, DOCX, PPTX, plain text notes, or photos of pages. The flashcards come from the material you already study.

Spaced repetition

Cards you miss come back sooner and cards you know are spaced further apart, so review time goes to the topics that need it.

Exports when you need them

On Plus, export your deck to Anki or CSV, or to PDF and DOCX for offline review and printing.

How it works

Upload your material

Add the readings, slides, or notes for the CFA topic you are studying, such as ethics, fixed income, or equity.

Generate flashcards

DeckOwl reads the text, including text in photos, and drafts question and answer cards from it.

Review on a schedule

Study in the browser with spaced repetition, then edit any card that does not match your curriculum.

Upload the curriculum PDFs, lecture slides, or photos of your handwritten notes, and DeckOwl drafts question and answer cards from that text. Review the cards before you rely on them, since you are the one who checks them against the official curriculum.

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Frequently asked questions

How many flashcards should I make for CFA Level I?

Start with one card per key term, formula, or Standard you need to recall, and build the deck topic by topic. Smaller decks per topic are easier to review daily than one large deck covering the whole syllabus.

What CFA topics are best for flashcards?

Terminology and formulas work especially well, such as the Standards of Professional Conduct categories, the CAPM, and bond duration. Concepts that require multi-step calculations are better practiced with worked problems alongside the cards.

Does DeckOwl include official CFA Institute materials?

No, DeckOwl is not affiliated with CFA Institute and does not supply its curriculum. You generate flashcards from the study materials you already have access to.

Can I export my CFA flashcards?

Exports are a paid feature. Plus at $99.90 per year or $9.99 per month includes PDF, DOCX, Anki, and CSV export, and students can get 40% off with a school email.

Generate free flashcards

Keep exploring the topic

Review the main ideas visually or practice recalling them.