CFA® Level 1 (2021/2022) – Complete Fixed Income

Deep dive into Fixed Income with the Bestselling CFA® prep course provider | With visual learning + Quizzes

Bestselling and Highest Rated CFA® courses on Udemy!

What you’ll learn

  • Understand the elements that define and characterise fixed-income securities.
  • Know what to look out for when investing in a bond.
  • Understand the legal, regulatory and tax framework bonds operate under.
  • Know the various coupon payment types.
  • Have an overview of global fixed income markets.
  • Understand how bonds are issued in primary markets, and traded in secondary markets..
  • Examine government, corporate and structured finance bond market sectors..
  • Make basic bond valuations.
  • Calculate and quote bond prices and yields.
  • Understand what is yield spread..
  • Understand what is securitisation, and its benefits.
  • Learn what is tranching, and the difference between credit tranching and time tranching.
  • Understand how mortgage-backed securities (MBS) are structured.
  • Learn what is a CDO.
  • Understand and calculate bond duration (Macaulay, modified, approximate modified, effective and key-rate durations).
  • Make convexity adjustments to calculate change in price of a bond when its yield changes.
  • Understand credit ratings and role of credit ratings agencies.
  • Analyse the credit risk of a company.

Course Content

  • Introduction –> 3 lectures • 5min.
  • Fixed Income Securities: Defining Elements –> 5 lectures • 1hr 5min.
  • Fixed-Income Markets: Issuance, Trading, and Funding –> 7 lectures • 1hr 6min.
  • Introduction to Fixed-Income Valuation –> 6 lectures • 1hr 10min.
  • Introduction to Asset-Backed Securities –> 7 lectures • 56min.
  • Understanding Fixed-Income Risk and Return –> 8 lectures • 1hr 18min.
  • Fundamentals of Credit Analysis –> 9 lectures • 57min.
  • BONUS: Further resources for your exam prep –> 1 lecture • 1min.

CFA® Level 1 (2021/2022) – Complete Fixed Income


  • Basic mathematics knowledge.
  • CFA Institute approved calculator.
  • Understand TVM and DCF concepts (from Quantitative methods).

Bestselling and Highest Rated CFA® courses on Udemy!

(for 2021 and 2022* CFA® Level I exam)

The CFA® program is rewarding but gruelling. The majority of candidates fail the exam. In order to pass, you are going to need much more than summaries or crash courses. But we can fully empathise if you feel the curriculum is too lengthy and too difficult given your busy schedule.

That is why we have crafted for you this complete series of 10 courses covering all 10 topics of the CFA® curriculum. These courses are not superficial summaries, but a detailed and concise coverage of the curriculum for each topic area.

We keep our videos short so as to help you follow the Pareto Principle. We believe that if you put in the optimal 20% effort using the right approach, you can potentially achieve 80% of the results!

The PrepNuggets approach is to condense pertinent material from the curriculum to easily digestible nuggets for you to consume during your pockets of free time. Each nugget is painstakingly crafted to explain really complex concepts using engaging illustrations and animations. No more wading through pages and pages of words, or sitting through long boring lessons with bullet-point slides.

By the end of this course, we are confident you will be able to comfortably handle at least 80% of the questions under this topic area.

Don’t take our word for it! Hear what some of our students have to say:

  • “This is an INCREDIBLY useful course for visual learners. The concepts are clear and concise. You will begin to see the relationships between concepts as you progress. Excited for the rest of this course and the other courses in the rest of the series.” – Andrew Bachman
  • “One of the best courses I’ve seen, if not the best. Prepnuggets staff know how to pass on knowledge, both by visualization and by verbal explanations. Excited to finish this course and continue to other courses.” – Lidor Sigron

Take action now! It is never too early or too late to start preparing. Join thousands of CFA candidates worldwide in making us your preferred prep companion!


NOTE: This course is part of a complete series of 10 courses that fully cover all 10 topics for CFA® Level I. We recommend you begin your exam preparation with our Quantitative Methods course. For our full catalog of courses, look for our instructor profile down below and click on the PrepNuggets logo.

*(Course is currently for 2021 candidates. We will add new materials meant for 2022 candidates by October 2021)


REQUIRED DISCLAIMER: CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by PrepNuggets or Udemy. CFA Institute, CFA®, and Chartered Financial Analyst® are trademarks owned by CFA Institute.