The CFA Program features a collection of three exams; Levels I, II, and III. The exams:
Are provided yearly — at check facilities world wide — on the primary Saturday in June. The Level I examination can be provided in December.
Must be handed sequentially.
Are accessible 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 exhibiting the rise in complexity is the moral {and professional} requirements curriculum content material. This content material is comparable for every examination stage; nevertheless, candidates are requested various kinds of questions:
Level I checks your data 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 basic:
Level I exams consists of primary data and comprehension questions targeted on funding instruments; some questions would require evaluation.
Level II exams emphasize extra advanced evaluation, together with a concentrate on 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, based mostly on our confirmed studying technique of put together, observe, and carry out, supplies a stable framework for a profitable CFA® examination research program. Our primary research package deal combines candidates’ favourite research instrument, SchweserNotes™, with three full-length observe exams and the go-anywhere QuickSheet. Connect with knowledgeable CFA instructors and use your Study Calendar to create an in depth research plan.