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 all over the world — 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 enhance 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 analogous for every examination degree; nevertheless, candidates are requested various kinds of questions:
Level I assessments your data of the moral {and professional} requirements.
Level II assessments the way you apply these requirements to conditions analysts face.
Level III assessments 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 targeted 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 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, offers a stable framework for a profitable CFA® examination examine program. Our primary examine package deal combines candidates’ favourite examine device, SchweserNotes™, with three full-length observe exams and the go-anywhere QuickSheet. Connect with professional CFA instructors and use your Study Calendar to create an in depth examine plan.