The CFA Program features a collection of three exams; Levels I, II, and III. The exams:
Are supplied yearly — at take a look at facilities world wide — on the primary Saturday in June. The Level I examination can also be supplied in December.
Must be handed sequentially.
Are out there in English solely.
The examination content material, studying focus, and query format enhance in complexity with every stage.
Curriculum Content and Learning Focus
An instance displaying the rise in complexity is the moral {and professional} requirements curriculum content material. This content material is analogous for every examination stage; nonetheless, candidates are requested several types of questions:
Level I checks your information of the moral {and professional} requirements.
Level II checks the way you apply these requirements to conditions analysts face.
Level III checks the way you apply the requirements in a portfolio administration and compliance context.
In normal:
Level I exams consists of primary information and comprehension questions centered on funding instruments; some questions would require evaluation.
Level II exams emphasize extra complicated evaluation, together with a give attention to valuing property.
Level III exams require synthesis of all of the ideas and analytical strategies in quite a lot of purposes for efficient portfolio administration and wealth planning.
The Level I SchweserNotes™ Package, primarily based on our confirmed studying technique of put together, follow, and carry out, gives a strong framework for a profitable CFA® examination examine program. Our primary examine package deal combines candidates’ favourite examine software, SchweserNotes™, with three full-length follow exams and the go-anywhere QuickSheet. Connect with professional CFA instructors and use your Study Calendar to create an in depth examine plan.