SUMMARY CHARTERED FINANCIAL ANALYST
(CFA) LEVEL 1,2,3 - COMPLETE STUDY NOTES
2024/2025 (GUARANTEED 100%)
Preparing for the Chartered Financial Analyst (CFA) exams involves a significant amount of
study and organization. The CFA program is divided into three levels, each with its own focus
and set of topics. Here’s a general outline to help you structure your study notes:
General Study Tips
1. Understand the CFA Curriculum: Familiarize yourself with the CFA Institute’s
curriculum for each level. The curriculum is comprehensive and serves as the primary
source of study material.
2. Create a Study Plan: Allocate specific times each day or week for studying. Break down
topics into manageable sections and set goals.
3. Use Multiple Study Resources: In addition to the curriculum, consider using study
guides, flashcards, and practice exams from reputable providers.
4. Practice Questions: Regularly work on practice questions to test your understanding and
improve your exam technique.
5. Review and Revise: Periodically review what you’ve studied to reinforce your
knowledge and ensure retention.
Level I
Ethical and Professional Standards
Ethics and Trust in the Investment Profession
o Code of Ethics and Standards of Professional Conduct
o Ethical Responsibilities and Applications
Global Investment Performance Standards (GIPS)
o Performance Measurement and Attribution
o Calculation and Presentation
Quantitative Methods
Time Value of Money (TVM)
Statistical Concepts and Market Returns
Probability Concepts
Hypothesis Testing
, Economics
Microeconomics
Macroeconomics
Economic Growth
International Trade and Currency Exchange Rates
Financial Reporting and Analysis
Income Statements, Balance Sheets, Cash Flow Statements
Financial Ratios
Accounting for Income Taxes, Pensions, and Leases
Corporate Finance
Capital Budgeting
Cost of Capital
Capital Structure
Dividends and Share Repurchases
Equity Investments
Market Organization and Structure
Equity Valuation Models
Industry and Company Analysis
Fixed Income
Bond Pricing and Yields
Interest Rate Risk
Credit Risk
Derivatives
Forward Contracts
Futures Contracts
Options
Swaps
Alternative Investments
Real Estate
Commodities
Hedge Funds
Private Equity
(CFA) LEVEL 1,2,3 - COMPLETE STUDY NOTES
2024/2025 (GUARANTEED 100%)
Preparing for the Chartered Financial Analyst (CFA) exams involves a significant amount of
study and organization. The CFA program is divided into three levels, each with its own focus
and set of topics. Here’s a general outline to help you structure your study notes:
General Study Tips
1. Understand the CFA Curriculum: Familiarize yourself with the CFA Institute’s
curriculum for each level. The curriculum is comprehensive and serves as the primary
source of study material.
2. Create a Study Plan: Allocate specific times each day or week for studying. Break down
topics into manageable sections and set goals.
3. Use Multiple Study Resources: In addition to the curriculum, consider using study
guides, flashcards, and practice exams from reputable providers.
4. Practice Questions: Regularly work on practice questions to test your understanding and
improve your exam technique.
5. Review and Revise: Periodically review what you’ve studied to reinforce your
knowledge and ensure retention.
Level I
Ethical and Professional Standards
Ethics and Trust in the Investment Profession
o Code of Ethics and Standards of Professional Conduct
o Ethical Responsibilities and Applications
Global Investment Performance Standards (GIPS)
o Performance Measurement and Attribution
o Calculation and Presentation
Quantitative Methods
Time Value of Money (TVM)
Statistical Concepts and Market Returns
Probability Concepts
Hypothesis Testing
, Economics
Microeconomics
Macroeconomics
Economic Growth
International Trade and Currency Exchange Rates
Financial Reporting and Analysis
Income Statements, Balance Sheets, Cash Flow Statements
Financial Ratios
Accounting for Income Taxes, Pensions, and Leases
Corporate Finance
Capital Budgeting
Cost of Capital
Capital Structure
Dividends and Share Repurchases
Equity Investments
Market Organization and Structure
Equity Valuation Models
Industry and Company Analysis
Fixed Income
Bond Pricing and Yields
Interest Rate Risk
Credit Risk
Derivatives
Forward Contracts
Futures Contracts
Options
Swaps
Alternative Investments
Real Estate
Commodities
Hedge Funds
Private Equity
