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How to book CFA CFA-Level-I: CFA Institute CFA Level I Chartered Financial Analyst Exam
You must follow these steps to apply for CFA Level 1:
- Go to the Official Site CFA Level 1
- Carefully read the directions
- Follow the steps mentioned
- Apply for the CFA level 1
Reference: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam
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Topics of CFA CFA-Level-I: CFA Institute CFA Level I Chartered Financial Analyst Exam
Before preparation begins, candidates need to know the examination topics. And it's going to help them to reach the center. CFA Level 1 exam dumps will include the following topics:
- Quantitative Methods In this section, we explore quantitative concepts and techniques used in financial analysis and investment decision making. We present descriptive statistics for conveying important data attributes, such as central tendency, location, and dispersion, and introduce characteristics of return distributions. The section also considers probability theory and its application in quantifying risk for investment decision making.
- Ethical and Professional Standards The focus of this topic is ethics, related challenges to ethical behavior, and the role ethics and professionalism play in the investment industry. We provide a framework to support ethical decision making and examine the CFA Institute Code of Ethics and Standards of Professional Conduct and Global Investment Performance Standards (GIPS).
- Economics
In this section, we introduce analysis of fundamental concepts of supply and demand for individual consumers and firms. We also cover the various market structures that firms operate in as well as macroeconomic concepts and principles, including aggregate output and income measurement, aggregate demand and supply analysis, and analysis of economic growth factors. The section concludes with coverage of the business cycle and its effect on economic activity.
Fixed Income In this topic, we explain how to describe fixed income securities and their markets, yield measures, risk factors, and valuation measurements and drivers. We also cover calculating yields, values of fixed income securities, the securitization of assets, the fundamentals of bond returns and risks, and basic principles of credit analysis.
Corporate finance In this topic, we provide an introduction to corporate governance as well as investing and financing decisions. We present an overview of corporate governance along with a framework for understanding and analyzing corporate governance and stakeholder management. We also highlight the growing impact of environmental and social considerations in investing. We cover how companies make use of leverage and manage their working capital to meet short-term operational needs.
Portfolio Management In this topic, we explain the fundamentals of portfolio and risk management, including return and risk measurement and portfolio planning and construction. We examine the needs of individual and institutional investors along with the range of available investment solutions. The capital asset pricing model is used to identify optimal risk in portfolios.
Financial Reporting and Analysis Here we provide a thorough explanation of financial reporting procedures and the standards that govern financial reporting disclosures, with an emphasis on basic financial statements and how alternative accounting methods affect those statements and the analysis of them. We examine primary financial statements and provide a general framework for conducting financial statement analysis.
Equity Investments Here we explore the characteristics of equity investments, security markets, and indexes and explain how to analyze industries, companies, and equity securities as well as the use of basic equity valuation models. Global equities are important for meeting longer-term growth and diversification objectives.
Derivatives In this section, we build the conceptual framework for understanding the basic derivatives and derivative markets. We then introduce essential features and valuation concepts for forward commitments such as forwards, futures, swaps, and contingent claims. Finally, we examine arbitrage, a critical concept that links derivative pricing to the price of the underlying asset.
Alternative Investments This topic explores alternative investments, including hedge funds, private equity, real estate, commodities, and infrastructure. We cover the use of alternative investments for diversification and higher returns. In this curriculum, we define alternative investments and the characteristics they have in common.
CFA CFA-Level-I Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Derivatives | 5–8% | - Forwards, futures, options, swaps - Derivative markets and instruments - Derivative pricing and valuation basics |
| Topic 2: Equity Investments | 11–14% | - Industry and company analysis - Market organization and structure - Equity valuation models |
| Topic 3: Fixed Income | 11–14% | - Bond valuation and risk measures - Yield measures, spot rates, forward rates - Fixed income securities characteristics |
| Topic 4: Portfolio Management | 8–12% | - Risk and return concepts - Portfolio planning and construction - Asset allocation and performance measurement |
| Topic 5: Quantitative Methods | 6–9% | - Probability and hypothesis testing - Time value of money - Regression and time-series analysis - Statistical concepts and returns |
| Topic 6: Economics | 6–9% | - International trade and currency markets - Monetary and fiscal policy - Macroeconomics - Microeconomics |
| Topic 7: Financial Statement Analysis | 11–14% | - Inventories, long-lived assets, taxes, debt - Income statement, balance sheet, cash flow statement - Ratio analysis and profitability - Financial reporting standards |
| Topic 8: Alternative Investments | 7–10% | - Investment characteristics and returns - Commodities and infrastructure - Private equity, real estate, hedge funds |
| Topic 9: Corporate Issuers | 6–9% | - Business and financial risk - Corporate governance - Capital budgeting - Capital structure |
| Topic 10: Ethical and Professional Standards | 15–20% | - Global Investment Performance Standards (GIPS) - Code of Ethics and Standards of Professional Conduct |




