Pass the actual test with the help of CFA-Level-I study guide
Last Updated: Nov 07, 2026
No. of Questions: 2200 Questions & Answers with Testing Engine
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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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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
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Statement Analysis | 13-17% | - Financial Reporting Standards (IFRS/GAAP) - Income Statement, Balance Sheet, Cash Flow |
| Topic 2: Equity Investments | 10-12% | - Equity Market Structure - Security Valuation Basics |
| Topic 3: Portfolio Management and Wealth Planning | 5-8% | - Portfolio Construction Basics - Risk and Return Concepts |
| Topic 4: Ethical and Professional Standards | 15-20% | - Ethical Practices in Investment Management - Code of Ethics and Standards of Professional Conduct |
| Topic 5: Fixed Income | 10-12% | - Fixed Income Risk - Bond Pricing and Yield |
| Topic 6: Corporate Issuers | 8-12% | - Cost of Capital - Capital Investment Decisions |
| Topic 7: Economics | 8-12% | - Microeconomics - Macroeconomics |
| Topic 8: Quantitative Methods | 8-12% | - Sampling and Estimation - Time Value of Money - Statistical Concepts and Probability |
| Topic 9: Alternative Investments | 7-10% | - Real Estate and Private Equity - Hedge Funds Overview |
| Topic 10: Derivatives | 5-8% | - Options Fundamentals - Forwards and Futures Basics |
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