Lahore > Courses > CFA® > What will the exam cover?

  What will the exam cover?
 

Subjects and their weights in the three levels are as follows:

Topic Area Level I Level II Level III
Ethical and Professional Standards 15 15 15
Quantitative Methods 12 10 0
Economics 10 10 10
Financial Reporting and Analysis 20 15-20 0
Corporate Finance 7 15 0
Equity Investments 10 15-25 5-15
Fixed Income 10 20 20
Derivatives 5 15 15
Alternative Investments 4 10 15
Portfolio Management and Wealth Planning 7 10 40-55
Total 100 100 100
Note: These weights are intended to guide the curriculum and exam development processes. Actual exam weights may vary slightly from year to year. Please note that some topics are combined for testing purposes.
 

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