CFA Level I is the first stage of the CFA Program and focuses on building fundamental knowledge across finance, investment analysis and ethical standards. It provides candidates with a broad understanding of the concepts and tools used in investment decision-making.
Topics Included
Ethical & Professional Standards, Financial Statement Analysis, Equity Investments, Fixed Income, Quantitative Methods, Corporate Issuers, Economics, Portfolio Management, Derivatives and Alternative Investments.
Exam Pattern
- 180 MCQs
- Duration: 4.5 Hours
- Exam Frequency: 4 times a year – February, May, August & November
Passing Requirement
Candidates must meet the Minimum Passing Score (MPS) determined for the CFA examination. The brochure shows an approximate historical passing rate of 40% for Level I; this is a passing rate, not a fixed passing mark.