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How to Prepare For CFA CFA-Level-I: CFA Institute CFA Level I Chartered Financial Analyst Exam

Preparation Guide for CFA CFA-Level-I: CFA Institute CFA Level I Chartered Financial Analyst Exam

Introduction

The Chartered Financial Analyst is one of the most common designations for investment professionals (CFA). However, it is not for the weak of heart or people who are not interested in being a CFA cardholder. The journey to becoming a CFA holder is long and measures not only the competence but also the strength, dedication and stamina of the topic. According to the CFA Institute, the present curriculum is ideally described as a distance learning programme at its own rate which adopts a general approach to the study, evaluation and management of portfolios which highlights the highest ethical and technical expectations. The CFA curriculum includes three examinations: CFA Level I, Level II and Level III. The CFA applicants must pass both of these exams and they must fulfil certain work requirements defined by the CFA Institute. In December 2017, the progress rate for the Level I exam was 43 percent. For each of these three stages, the curriculum is designed to assess a broad range of skills that are most appropriate for investing professions. In this post, we will focus on the Level I CFA review. CFA Level 1 exam dumps and CFA Level 1 practice exams are designed to render the entire examination environment comfortable for the students.

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What is the duration, language, and format of the CFA CFA-Level-I: CFA Institute CFA Level I Chartered Financial Analyst Exam

Format: Multiple choices, multiple answers:

  • Passing score: 70%

  • Number of Questions: 120

  • Language: English

  • Duration of Examination: 6 hours

Reference: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam

CFA CFA-Level-I Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Financial Statement Analysis13-17%- Financial Reporting Standards (IFRS/GAAP)
- Income Statement, Balance Sheet, Cash Flow
Topic 2: Equity Investments10-12%- Equity Market Structure
- Security Valuation Basics
Topic 3: Portfolio Management and Wealth Planning5-8%- Portfolio Construction Basics
- Risk and Return Concepts
Topic 4: Ethical and Professional Standards15-20%- Ethical Practices in Investment Management
- Code of Ethics and Standards of Professional Conduct
Topic 5: Fixed Income10-12%- Fixed Income Risk
- Bond Pricing and Yield
Topic 6: Corporate Issuers8-12%- Cost of Capital
- Capital Investment Decisions
Topic 7: Economics8-12%- Microeconomics
- Macroeconomics
Topic 8: Quantitative Methods8-12%- Sampling and Estimation
- Time Value of Money
- Statistical Concepts and Probability
Topic 9: Alternative Investments7-10%- Real Estate and Private Equity
- Hedge Funds Overview
Topic 10: Derivatives5-8%- Options Fundamentals
- Forwards and Futures Basics
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