CFA Exam Pattern
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New answer posted
a month agoContributor-Level 6
Check the exam structure for Level 2 exam below:
| Structure | Details |
| Time Duration | Session 1: 2 hours 15 mins Session 2: 2 hours 15 mins Total: 4 hours 30 mins |
| Type of questions | MCQs and Item Sets with Vignettes |
| Number of questions | 88 MCQs 22 Item Sets |
New answer posted
a month agoContributor-Level 6
New answer posted
a month agoContributor-Level 6
Unlike the Level 1 exam, CFA Level 2 exam does not only have MCQs. It also consists of item set questions which will be comprised of vignettes.
New answer posted
a month agoContributor-Level 6
No, CFA Level 1 exam only have 180 multiple choice questions. Students have to choose the correct option from the given options.
New answer posted
a year agoContributor-Level 10
The entire Level ll CFA exam consists of MCQ questions. It is divided into two separate three-hour sessions with a total no. of 88 questions. There are sets which are based on a single vignette that provides a scenario or case study.
New answer posted
a year agoContributor-Level 9
The CFA Level I exam weights topics in ranges, not fixed percentages. This means the exact proportion of questions on a specific topic can vary slightly year to year. Here's the breakdown for the 2024 CFA Level I exam:
- Quantitative Methods (QM): 6-9%
- Economics (ECO): 6-9%
- Financial Statement Analysis (FSA): 11-14%
- Corporate Issuers (CI): 6-9%
- Equity Investments (EI): 11-14%
- Fixed Income (FI): 11-14%
- Derivatives (DER): 5-8%
- Alternative Investments (AI): 7-10%
- Portfolio Management (PM): 8-12%
- Ethics and Professional Standards (ETH): 15-20%
New answer posted
2 years agoContributor-Level 10
The qualifying criteria for CFA Level I remain largely unchanged under the new exam pattern implemented in February 2024. Here's a quick summary:
Minimum Education:
- Bachelor's degree or equivalent: This includes recognised degrees like BTech, BCom, BBA, etc., or completed professional qualifications like CA, CS, CMA.
- In the final year of your bachelor's program: You can still register for the exam and complete the degree before taking it.
Work Experience (Optional):
- 4 years of relevant work experience: This can be in any field, but finance-related experience is preferred.
- Combination of education and work exper
New answer posted
2 years agoContributor-Level 10
The qualifying criteria for CFA Level I remain largely unchanged under the new exam pattern implemented in February 2024. Here's a quick summary:
Minimum Education:
- Bachelor's degree or equivalent: This includes recognised degrees like BTech, BCom, BBA, etc., or completed professional qualifications like CA, CS, CMA.
- In the final year of your bachelor's program: You can still register for the exam and complete the degree before taking it.
Work Experience (Optional):
- 4 years of relevant work experience: This can be in any field, but finance-related experience is preferred.
- Combination of education and work exper
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New answer posted
2 years ago
Contributor-Level 10
| Topic | Weightage |
|---|---|
| Ethical and Professional Standards | 5% |
| Quantitative Methods | 5% |
| Economics | 10% |
| Financial Reporting and Analysis | 5% |
| Corporate Finance | 5% |
| Portfolio Management | 15% |
| Equity Investments | 10% |
| Fixed Income | 10% |
| Derivatives | 10% |
| Alternative Investments | 10% |
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