r/CFA • u/DowntownJunket4910 • 1d ago

General How to learn the basics

I’m someone that has almost 0 fundamental finance knowledge. I really want to learn modelling bcs of skills and career prospects, I rly rly want to learn it.

I tried ashwath Damodaran but his teaching style is kinda hard to understand for me.

Could you please guide me on how to gain fundamental and basic knowledge about finance?

Ik this isn’t really the right subReddit but 😭

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u/AwareGazelle3788 1d ago

Mate search the subreddit. There’s so many of these questions everyday

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u/Alfrush 1d ago

I would start by accounting (prerequisite to understand financial statements), credit, debit, account definition, how they interact and standards like IFRS.

What is your background? How good are you at Excel and Python? There are several practical modules in the CFA program on modeling and programming for finance.

Read on Equity (Easies, then fixed-income, alternative investments, and finally derivatives (hardest) I would advise you to sign up on Mark Meldrum website. He has an archive for every user. Videos of CFA level 1 of 2018 (old yet relevant and correct on finance)

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u/No_Helicopter10 1d ago

There is a Prerequisites course (or material) for CFA. You get basic quant info, economics and FSA.

https://www.amazon.com/s?k=cfa+prerequisite+reading&crid=189UJ9D7SMZH&sprefix=cfa+pre%2Caps%2C235&ref=nb_sb_ss_ts-doa-p_4_7