The cutoff for different subjects can vary and here is a table enlisting the different subjects of the level 1, general marking scheme as well as the included topics. CFA Level 1 SyllabusĪs the beginning step of the course, the CFA level 1 mainly constitutes of basic concepts of the academic disciplines of Finance and Investment. Candidates will get further information about OPT through email.
Aspirants who missed the November test owing to the continuing pandemic can take the CFA Institute’s Online Proctored Test (OPT).
90 multiple-choice questions covering corporate finance, equities, fixed income, derivatives, alternative investments, and portfolio management in the second session (2 hours, 15 minutes).Įxams for the CFA are currently held across India, with capacity limitations and other restrictions.90 multiple-choice questions covering ethical and professional standards, mathematical methodologies, economics, and financial reporting and analysis in the first session (2 hours, 15 minutes).Candidates must take both sessions in order to receive an exam result. Between sessions, there is an optional break. The Level I test is divided into two 135-minute sessions with 180 multiple-choice questions (session times are approximate). Then, for level three, the advanced level concepts of Finance and Investment are assessed including portfolio management, and wealth planning, amongst others. The CFA Level 1 mainly evaluates a candidate on their basic knowledge of investment tools and moving to the next level, the complex analytical concepts, as well as understanding of asset valuation, is examined. Quite similar to the CA course, candidates need to clear all three levels of this exam in order to qualify for the certification of Chartered Financial Analyst (CFA). The CFA exam is bifurcated into three parts: Level 1, Level 2 and Level 3.