CFA Level 1 Syllabus
CFA Level 1 Syllabus
CFA Level 1 Syllabus
The CFA Level 1 Syllabus 2018 can be broadly divided into the following topic areas which
are as follows:
The CFA – CFA Level I Ethics Module offers over 50 lectures covering the CFA ethics
module. Topics covered in the course include Professionalism.
Integrity of Capital Markets, Duties to Clients, Duties to Employers, Investment
Analysis, Recommendations, Actions, Responsibilities as a CFA Institute Member or
CFA Candidate and GIPS.
The course videos and study materials are designed for commerce graduates, MBA’s,
professionals and engineers. Topics covered in Ethics and Professional Standards are
as follows:
Professional Standards of Practice
Ethical Practices
Popularly known as the “Accounting” module, the Financial and Reporting Analysis
module accounts for twenty percent of the marks in the CFA Level 1 exam.
Financial reporting requires a solid foundation in accounting techniques. A strong
understanding of income statements, balance sheets
Financial Reporting System (with an emphasis on IFRS)
Analysis of Principal Financial Statements
Financial Reporting Quality
Analysis of Inventories and Long-Lived Assets
Analysis of Taxes
Analysis of Debt
Analysis of Off-Balance-Sheet Assets and Liabilities
Analysis of Pensions, Stock Compensation, and Other Employee Benefits
Analysis of Inter-Corporate Investments
Analysis of Business Combinations
Analysis of Global Operations
Ratio and Financial Analysis
The Quantitative Methods module accounts for twelve percent of the marks in the
level 1 CFA exam.
The topics covered in this module require a firm grasp and understanding of
mathematics and statistics.
Time Value of Money
Probability
Probability Distributions and Descriptive Statistics
Sampling and Estimation
Hypothesis Testing
Correlation Analysis and Regression
Time-Series Analysis
Simulation Analysis
Technical Analysis
Economics:
Corporate Finance:
Corporate Governance
Dividend Policy
Capital Investment Decisions
Business and Financial Risk
Capital Structure Decisions
Working Capital Management
Mergers and Acquisitions and Corporate Restructuring
Equity Investments:
Fixed Income:
Derivatives:
Alternative Investments: