- Costs
- Enrollment: $450
- Exam: $930*3=2,790
- Analystnotes: $99*2 =198 VS. Schweser premium plus study package $1,499*3=4,497
- CFA Exam topic area weights
| Level I 240 multiple choice questions 9-12 am-120 questions 2-5 pm-120 questions Offered twice per year June and December | Level II 120 multiple-choice questions which accompany vignettes (short narratives). Each vignette is followed by six multiple-choice questions. June only | Level III Constructed response (essay) question in the morning and multiple-choice questions in vignette format in the after. Only offered in June |
Ethical and professional standards | 15 | 10 | 10 |
Investment Tools |
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Corporate finance | 8 | 5-15 | 0 |
Economics | 10 | 5-10 | 0 |
Financial Reporting and Analysis | 20 | 15-25 | 0 |
Quantitative Methods | 12 | 5-10 | 0 |
Asset Classes |
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Alternative investments | 3 | 5-15 | 5-15 |
Derivatives | 5 | 5-15 | 5-15 |
Equity investments | 10 | 20-30 | 5-15 |
Fixed income | 12 | 5-15 | 10-20 |
Portfolio management and wealth planning | 5 | 5-15 | 45-55 |
Total | 100 | 100 | 100 |
Aimed Passing score | 85 | 80 | 75 |
Passing % | 40% | 40% | 50% |
Hours of study | 350-15 hr/wk in the 14 weeks and 25hr/wk in 45days | 500-20hr/wk in the 14 weeks and 35hr /wk in 45 days | 450-17hr/wk in the 14 weeks and 30hr/wk in 45 days |
Number of practice questions | 1,500 practice questions 300 flash cards | 900 practice questions 600 flash cards | 700 practice questions 450 flash cards |
- Curriculum books or study notes
- In level I, study notes can fully replace the CFA Institute curriculum except ethic section. See point 4. Read the handbook and do the practice questions.
In level II & III, curriculum books should serve as main study medium. Third party notes help you focus on key point.
- Ethics
- 2 pages of pamphlet-code and standards-must memorize
- 200 pages Standards of practice handbook
- Asset manager code of professional conduct
- Skip the curriculum’s ethics cases
- Attempt at least 100 practical problems
- Resources
- Allen resources: https://www.allenresources.com/
- Analystnotes: http://analystnotes.com/index.php
- BPP university: http://www.bpp.com/professional-education/CFA
- CFA Institute Curriculum: https://www.cfainstitute.org/
- Fitch Learning: https://www.fitchexamprep.com/
- Kaplan Schweser: https://www.schweser.com/cfa
- https://www.300hours.com/
- https://www.analystforum.com/
- http://forum.theanalystspace.com/
- Thomson Reuters Messenger