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.
Reference: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam
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The complete CFA module is a chartered financial analyst. CFA is one of the most sought-after designations for investment practitioners. This credential is a world-renowned financial accounting and finance certificate from the CFA Institute. The CFA course is known to be the world's most accepted and identified classification for investment management. Applicants who pursue the course develop a thorough understanding of the stock industry that raises their odds of well-paid careers. In India, industrialization and globalisation fuel the CFA market. Candidates seeking to earn the credentials of the CFA Institute must have three assessment phases conducted by the CFA Institute:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Alternative Investments | 7-10% | - Hedge Funds Overview - Real Estate and Private Equity |
| Topic 2: Portfolio Management and Wealth Planning | 5-8% | - Portfolio Construction Basics - Risk and Return Concepts |
| Topic 3: Economics | 8-12% | - Macroeconomics - Microeconomics |
| Topic 4: Fixed Income | 10-12% | - Fixed Income Risk - Bond Pricing and Yield |
| Topic 5: Equity Investments | 10-12% | - Security Valuation Basics - Equity Market Structure |
| Topic 6: Quantitative Methods | 8-12% | - Statistical Concepts and Probability - Time Value of Money - Sampling and Estimation |
| Topic 7: Corporate Issuers | 8-12% | - Capital Investment Decisions - Cost of Capital |
| Topic 8: Ethical and Professional Standards | 15-20% | - Ethical Practices in Investment Management - Code of Ethics and Standards of Professional Conduct |
| Topic 9: Financial Statement Analysis | 13-17% | - Financial Reporting Standards (IFRS/GAAP) - Income Statement, Balance Sheet, Cash Flow |
| Topic 10: Derivatives | 5-8% | - Forwards and Futures Basics - Options Fundamentals |
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