Level I CFA® Prep – Corporate Issuers

Organisational Forms, Corporate Issuer Features, and Ownership [11min]
2 Nuggets | 1 Quiz
Organisational Forms
Public and Private Corporate Issuers
QUIZ: Organisational Forms, Corporate Issuer Features, and Ownership
Investors and Other Stakeholders [20min]
3 Nuggets | 1 Quiz
Lender vs Shareholder Claims
Corporate Stakeholders and Governance
ESG Considerations for Investors
QUIZ: Investors and Other Stakeholders
Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits [23min]
3 Nuggets | 1 Quiz
Relationships in Corporate Governance
Corporate Governance Mechanisms
Risks and Benefits of Corporate Governance and Stakeholder Management
QUIZ: Corporate Governance and ESG
Working Capital and Liquidity [26min]
3 Nuggets | 1 Quiz
Managing and Measuring Liquidity
Managing Accounts Payable
Managing Working Capital and Liquidity
QUIZ: Sources of Capital
Capital Investments and Capital Allocation [44min]
5 Nuggets | 1 Quiz
The Capital Allocation Process
Investment Decision Criteria
Basic Principles of Capital Allocation
Common Pitfalls in Capital Budgeting
Real Options
QUIZ: Uses of Capital
Capital Structure [38min]
5 Nuggets | 1 Quiz
Weighted Average Cost of Capital
Capital Structure and Company Life Cycle
Theories of Capital Structure – MM Propositions
Theories of Capital Structure – Static Trade-off Theory
Factors Affecting Capital Structure Decisions
QUIZ: Capital Structure
Business Models [15min]
1 Nugget | 1 Quiz
Features and Types of Business Models
QUIZ: Business Models
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Theories of Capital Structure – MM Propositions

Level I CFA® Prep – Corporate Issuers Capital Structure [38min] Theories of Capital Structure – MM Propositions
[c] MM propositions

Terms covered: WACC, Tax shield

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Welcome to PrepNuggets

Hey Future CFA Charterholder,

Many years ago, I was exactly where you are today—a CFA Level I candidate juggling a demanding full-time career with the daunting CFA curriculum. Coming from a Computer Engineering background, finance was entirely new territory for me. And yes, it was tough!

I struggled with dense textbooks, late-night cramming, and the frustration of concepts that seemed impossible after a long workday. But after passing Level I (barely), I realized something had to change.

Studying Smarter, Not Harder

Using the Pareto Principle (80/20 rule), I distilled the vast CFA syllabus into essential, easy-to-understand nuggets. I leaned into visual summaries and bite-sized learning sessions that worked around my busy schedule. This smarter approach helped me clear Levels II and III on my first attempts with significantly less stress.

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Keith Tan, CFA
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PrepNuggets

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