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Turn your CFA Level 1 formula sheets into flashcards with AI

Ready-made formula sheets are easy to find, but yours should match your own readings. Upload your notes, slides or page photos and get flashcards for the formulas your course actually uses.

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Why generate your own CFA Level 1 formula cards

Most CFA candidates end up with a stack of CFA Level 1 formula flashcards, because the exam tests recall of quantitative methods, time value of money and ratio formulas under time pressure.

  • Cards pull formulas directly from the pages you upload
  • Front-and-back format that asks you to recall the variables
  • Spaced repetition schedules reviews around what you miss
  • Export to Anki or CSV on a paid plan for study on other devices
Example CFA Level 1 formula flashcards
Future value of a single sumFV = PV x (1 + r)^N, where r is the periodic rate and N is the number of periods.
Holding period return with no interim cash flowsHPR = (P1 - P0 + D1) / P0, where P1 is ending price, P0 is beginning price and D1 is income received.
Sharpe ratio(Portfolio return - risk-free rate) / standard deviation of portfolio returns, measuring excess return per unit of total risk.
Current ratioCurrent assets / current liabilities; values above 1 suggest short-term obligations are covered by short-term assets.
Effective annual rate from a periodic rateEAR = (1 + periodic rate)^m - 1, where m is the number of compounding periods per year.
Generate the full set

Your readings, your formulas

Upload PDFs, DOCX, PPTX, notes or photos of pages. Text recognition reads the pages so each card comes from your material.

Spaced repetition

Cards come back at intervals that match how you forget, so the formulas you miss show up more often.

Export when you need it

The free plan studies in the browser. Paid plans export to PDF, DOCX, Anki and CSV.

How it works

Upload your material

Add the PDF, slides, notes or page photos from your CFA Level 1 readings.

Generate flashcards

DeckOwl turns formulas, variables and conditions into front-and-back cards.

Review on a schedule

Spaced repetition brings each card back just before you would be likely to forget it.

A good card names the situation on the front and gives the formula with its variables defined on the back. Writing cards from the readings forces that structure, and generating them from your uploaded notes saves the typing.

DeckOwl drafts cards from your material, and you can check each one against the curriculum before relying on it. Free accounts get 3 generations a month to try it.

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Frequently asked questions

How many formula flashcards should I make for CFA Level 1?

Start with the formulas that appear in your practice questions rather than every equation in the curriculum, then add cards as you meet new ones. The right count depends on how much you already know.

Should I memorize CFA Level 1 formulas or learn how to apply them?

Learn both: recall the formula, then practice applying it to a question with given inputs. Cards that ask what each variable means help you spot which formula a problem needs.

Can I export these flashcards to Anki?

Yes, but export is a paid feature. The Plus plan at $39 a year or $7.99 a month includes Anki, PDF, DOCX and CSV export, and students get 40% off with a school email.

Do I need a credit card to start?

No. The free plan gives you 3 generations a month and lets you study in the browser, though it does not include exports.

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Keep exploring the topic

Review the main ideas visually or practice recalling them.