What does CFA Level 1 include?
What does CFA Level 1 include?
The CFA Level 1 Exam tests knowledge in 10 different sections, including ethical and professional standards, quantitative methods, economics, portfolio management, and asset classes.
How many readings are there in CFA Level 1?
Reading Material The CFA Level I exam covers 10 topics, 19 study sessions, and 57 readings.
How long is the break in CFA Level 1 exam?
Computer-based exams
Locations | Proctored exam in 400+ locations globally. |
Exam length | 30 minutes allotted to pledge, tutorial, and survey approximately 135 minutes for session 1 30 minutes for optional break approximately 135 minutes for session 2 Total testing time is 4.5 hours Total appointment time is 5.5 hours |
What is the hardest section of CFA Level 1?
CFA exam candidates who take their level 1 exam usually indicate FI, Derivatives, and FRA* to be the most difficult….So, it seems that the 3 hardest level 1 CFA exam topics are:
- Fixed Income (FI),
- Derivative Investments (DI),
- Financial Reporting and Analysis (FRA)*.
Is there a dress code for CFA exams?
What to wear on exam day? Face coverings (covering the nose and mouth) are required to be worn while in the test centers. Temperatures at test centers can vary. Plan to wear layers of clothing (e.g., a sweater) so you can be comfortable.
Who earns more CFA or CA?
CA is more in demand within India, while CFA is the most popular option globally as a professional career. You can also read our blog on CFA vs MBA….CFA vs CA – Differences.
Components | CFA | CA |
---|---|---|
Average Income | Fresh CFA graduate earns up to 4 lakhs | Fresh CA graduate earns up to 6-8 lakhs, which increases with experience. |
Which is the easiest subject in CFA Level 1?
Corporate Finance is one of the easiest topics of the Level one exam this is because this subject is very logical and intuitive and the formulas are easy. The scope is also quite limited and includes concepts related to NPV, IRR, corporate governance and capital management.