The CFA Program features a collection of three exams; Levels I, II, and III. The exams:
Are supplied yearly — at check facilities around the globe — on the primary Saturday in June. The Level I examination can be supplied in December.
Must be handed sequentially.
Are out there in English solely.
The examination content material, studying focus, and query format improve in complexity with every degree.
Curriculum Content and Learning Focus
An instance exhibiting the rise in complexity is the moral {and professional} requirements curriculum content material. This content material is comparable for every examination degree; nevertheless, candidates are requested various kinds of questions:
Level I exams your data of the moral {and professional} requirements.
Level II exams the way you apply these requirements to conditions analysts face.
Level III exams the way you apply the requirements in a portfolio administration and compliance context.
In normal:
Level I exams consists of primary data and comprehension questions centered on funding instruments; some questions would require evaluation.
Level II exams emphasize extra complicated evaluation, together with a deal with valuing belongings.
Level III exams require synthesis of all of the ideas and analytical strategies in a wide range of functions for efficient portfolio administration and wealth planning.
The Level I SchweserNotes™ Package, primarily based on our confirmed studying technique of put together, observe, and carry out, gives a strong framework for a profitable CFA® examination research program. Our primary research bundle combines candidates’ favourite research instrument, SchweserNotes™, with three full-length observe exams and the go-anywhere QuickSheet. Connect with skilled CFA instructors and use your Study Calendar to create an in depth research plan.