What are the subjects in the CFA course?

<> CFA courses are: Professional Ethics, Quantitative Analysis, Economics, Financial Statement Analysis, Corporate Finance, Portfolio Management, Equity Investment, Fixed Income Investment, Derivatives Investment, and Other Investments.

There are a total of 10 courses, and the focus of each level of the exam is different, but the difficulty requirements increase with the increase of the CFA level, and the focus direction of each level of the CFA exam is also different.

Quantitative analysis. Quantitative analysis uses quantitative tools to measure portfolio correlation and probability statistics, which provides technical support for setting a reasonable and rational investment plan.

Economics. The economics course uses classic macro and micro economics content to explain the knowledge of elasticity, curve, producer surplus, consumer surplus, monopoly and market form, macro financial policy and banking, so that candidates can understand the macro and micro economic knowledge of economic operation.

Financial statement analysis.

Financial statements are the focus of the first-level and second-level examinations, involving the three major accounting statements, cash flow measurement and control, pension accounting, management accounting, tax avoidance and other accounting terms, the examination is not difficult, and the current assessment method is more flexible.

Ethics and Professional Principles.

Improving the professional and ethical literacy of employees, especially the international requirements for the responsibilities of trustees, reduces the risk of professional violations within the company, and at the same time improves the overall professional quality of the company, thereby improving the overall governance of the company.

Portfolio management.

The purpose of portfolio management is to give people an understanding of the whole process of portfolio business, how to meet customer needs, calculate returns, determine risks, use portfolio management theory for asset allocation, diversify risks, and regularly review how to use the portfolio approach to improve the asset management level of insurance companies.

Corporate Finance. Corporate finance introduces the cost of capital in detail, so that the company can plan the most suitable capital structure to obtain capital returns.

Equity** analysis.

The equity** analysis details the pricing process at the time of listing and fundraising, and how much to pay in the event of an acquisition. It is also possible to understand the prospects of the industry during the assessment process so that you can make the right business decisions. and how to reasonably assess the value of the enterprise in the case of mergers and acquisitions.

Fixed income**.

Fixed income** introduces the operation of the bond market, the pricing issues when issuing bonds, and how to turn assets into assets.

Derivatives investment.

Financial derivatives introduce in detail how to use various derivatives for risk management, hedging risks and reducing losses in the face of today's highly volatile financial and commodity markets.

Alternative Investments. Alternative Investments provides a detailed look at non-traditional investment vehicles such as hedging**, venture capital** and real estate trusts**, and an understanding of the risks involved in investing in these vehicles.

Zhongbo-Chengtong will sort out all the subjects of the entire CFA exam for you:

1.Ethical and professional standards.

2.Quantitative method.

3.Economics (Mike Parkin Edition).

4.Financial statement analysis.

5.Corporate Finance.

6.Portfolio management.

7.Equity investment analysis.

8.Fixed income** analysis.

9.Derivatives analysis and application.

10.Other types of investment analysis.

The three levels of CFA exams examine the above subjects, and the proportion and difficulty of each subject varies.

The subjects of the CFA course are as follows: Wide Round Plexus

1. Ethics and professional standards.

Professional ethics refers to the professional code of conduct and norms that should be followed in certain professional activities, embody certain professional characteristics, and adjust certain professional relationships. Different professionals have formed special professional relationships in specific occupational activities, including the relationship between the professional subject and the professional service recipients, the relationship between occupational groups, the relationship between people within the same occupational group, and the relationship between professional workers, occupational groups and the state.

2. Quantitative method.

Quantitative Method" is a book published by default, and the authors are Qian Xiaojun, Ni Jiaxun, and Jia Junping of the National Higher Education Self-study Examination Steering Committee.

3. Economics (Mike Parkin Edition).

Professor Parkin has published more than 160 articles in major international journals such as the American Economic Review in the fields of macroeconomics, monetary economics, and international economics, and is a representative figure of the monetarist school. After 1989, he compiled "Economics", which has been published in 8 editions and translated into many languages (including Chinese translations), enjoying a high reputation all over the world.

4. Financial statement analysis.

Financial statement analysis is the processing, analysis, comparison, evaluation and interpretation of the data provided by the financial statements of enterprises. If bookkeeping and tabulation belong to the reflection function of accounting, then the analysis of financial statements is subordinate to the function of interpretation and evaluation. The purpose of financial statement analysis is to judge the financial status of the enterprise and to examine the gains and losses of the company's operation and management.

5. Corporate finance.

Corporate finance is an interdisciplinary discipline that uses various financial instruments as a means and economics, finance and accounting theories as the background, covering the financial activities of the company's production and operation and capital operation.

There are a total of 10 CFA Level 1 subjects, including Professional Ethics, Quantitative Analysis, Economics, Financial Statement Analysis, Corporate Finance, Portfolio Management, Equity Investment, Fixed Income Investment, Derivatives Investment, and Other Investments.

CFA Level 1 Exam Question Types and Passing Criteria.

CFA level 1 exam question type for multiple-choice questions, a total of 180 questions, CFA exam will be scored separately for each subject, each subject score is less than or equal to % to 70%, greater than 70% three grades, according to the actual passing of candidates over the years estimated, the passing standard is the number of correct answers for candidates greater than or equal to 70% of the average number of correct answers of the top 1% of the global scores.

The method and content of the CFA Level 1 exam.

The CFA Level 1 exam adopts a closed-book computer-based test method, with an all-British sales bank paper, and the content of the exam focuses on the examination of financial instruments and techniques, including the introduction of asset valuation and management skills, and mainly examines the candidates' tools and basic concepts in investment evaluation and management.

Requirements for applying for CFA Level 1.

The requirements for the CFA Level 1 application are as follows (candidates can meet one of them):

Applicants with a bachelor's degree or above can register directly for the exam.

2. When candidates register for the CFA Level 1 examination, the selected examination window must be within 11 months (inclusive) before the graduation month of the bachelor's degree program or equivalent program.

Year-year college degree plus 1 year of full-time work experience.

Annual college degree plus 2 years of full-time work experience.

5. No college degree or above, 4 years of full-time work experience is required.

In addition, candidates need to have an international travel passport, abide by the Code of Professional Ethics, complete registration and registration and pay the fee, and be able to take the test in English.