SigmaPrep

CFA® Level I · November 2026 to August 2027

CFA® Level I mock exams, built like the real paper.

5 full-length mocks from $49. 180 questions in two timed sessions of 135 minutes, scored by topic, with every wrong option explained. On every answer you mark how sure you were, so your review shows the mistakes a score hides.

Start the free sample paperSee the passes · from $49
  • No card needed
  • Two questions from every Level I topic
  • 7-day money-back guarantee
CFA Level I · Fixed Income00:00

A bond has an annual modified duration of 6.5 and annual convexity of 60. Its yield rises by 100 basis points.

The estimated percentage change in the bond's price is closest to:

How sure?

How a SigmaPrep Level I mock works

  1. Sit it under the clock.Two sessions of 90 questions, 135 minutes each, with a break between them and no pause inside one, as on exam day. Mark how sure you are on every answer.
  2. Read the diagnosis, not the score.Where you were confidently wrong, which topics failed under time, and which wrong options caught you, with a worked explanation for every question.
  3. Drill the gap.Practise by subject and difficulty in the question bank, which never serves a question you have already met, and revise with the Level I flashcards.
Start the free sample paper

Level I passes

One pass for the sitting you are taking, with everything for Level I in it. It runs until the end of the month after your exam, so a later sitting is a longer pass and costs a little more.

Each mock is two sessions of 90 questions, 135 minutes each, written to the 2027 curriculum and topic weights. Take a break between sessions; there is no pause inside one.

CFA® Level I

February 2027 Level I exam pass

$54
for the February 2027 CFA Level I exam · access until 31 March 2027
  • Five full-length mocks, and every new one released before your exam
  • Confidence marking on every answer
  • Worked solutions, including why each wrong answer is attractive
  • Practice by subject and difficulty, with no daily limit
  • Every Level I flashcard, with no daily limit
  • Topic-level breakdown of where the marks went
Get the February 2027 Level I passOr try the free sample paper

Pay by card. Your pass switches on as soon as the payment goes through, with a 7-day money-back guarantee. Questions first? .

7-day money-back guarantee on every pass: not for you? Ask within 7 days of paying and we refund the full amount, no questions asked. How refunds work

Every account starts free: a Level I sample paper with two questions from every topic, and twenty new flashcards a day, before you pay for anything.

Questions Level I candidates ask

What is in the free sample paper?Two questions from every Level I topic, timed at the real paper’s pace and scored, with the same worked explanations and review as a full mock. Start it straight away, no account or card needed; add your email afterwards to keep your score and review.
How close is a mock to the real exam?Each mock follows the Level I paper: 180 questions in two sessions of 135 minutes, with the topic weights of the curriculum. Every question is original, written for SigmaPrep, not a past paper.
Which sitting should I buy the pass for?The one you are sitting. A pass opens its own exam and runs until the end of the month after it, so you keep it through exam week.
What if the pass is not for me?Ask within 7 days of paying, from Settings or by email, and we refund the full amount to the card, UPI or account you paid with, no questions asked.
Can I use it on a phone?Yes, for the sample questions, review and bank sessions. For a full timed paper use a laptop: the exam is not sat on a phone, and neither should the rehearsal be.
Is SigmaPrep part of CFA Institute?No. SigmaPrep is independent practice material from Bear Infotech Pvt. Ltd., Pune, and is not affiliated with, endorsed by or approved by CFA Institute.
Start the free sample paperSee every exam we cover
CFA Level I mock exams: 5 full-length mocks, free sample paper | SigmaPrep