Tuesday 24 August 2010

CFA Level 1 Question Breakdown

I have done a CFA Level 1 Question breakdown from the weightages given in the CFA Toolkit at cfainstitute.org - the official CFA website. Please refer to the official CFA website for accuracy of any information given here.

Total No. Questions - 240 MCQ
Time - 6 hrs in two sessions

Study Session 1 - 15% - 36 Questions (Ethics) - 1 study session 36 questions - no surprises on what CFA stresses on - ethics, ethics all the way...


Study Session 2 & 3 - 12% - 28 - 30 questions (Quant)

Study Sessions 4,5 & 6 - 10% - 24 Questions (Economics)

Study Sessions 7,8,9 & 10 - 20% - 48 Questions (Financial Reporting and Analysis)

Study Session 11 - 8% - 18-20 Questions (Corporate Finance)

Study Session 12 - 5% - 12 Questions (Portfolio Management)

Study Session 13-14 - 10% - 24 Questions (Equity)

Study Session 15-16 - 12% - 28-30 Questions (Fixed Income)

Study Session 17 - 5% - 12 Questions (Derivatives)

Study Session 18 - 3% - 7-8 Questions (Alternative Investment)

From my initial observations it seems Ethics, Corporate Finance and Fixed Income have the most questions/Readings. Financial Reporting and Analysis seems to be Heeaaavvviiilllly Weeiigghhtttedd.

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Disclaimer - I dont vouch for the accuracy of any information given in this blog. Please refer to the CFA website for accurate and up to date information.

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