In May 2023, cfa Level 1 exam included ten subjects: portfolio management, professional ethics, quantitative analysis, economics, financial statement analysis, corporate finance, equity investment, fixed income investment, derivative investment and other investments. Candidates can start reviewing as soon as possible in combination with the preparation materials.
May 2023 CFA level 1 exam questions
CFA Level 1 exam is presented in the form of multiple-choice questions. The exam is divided into two parts, and each part has 90 equal multiple-choice questions.
1, assessment focus: candidates are required to master investment tools and basic knowledge.
2. Test questions: * * * multiple choice questions 180 (90 questions in the first and second games), with three choices: A, B and C, and each multiple choice question has the same score.
You need to allocate your time reasonably. It takes about a minute and a half to answer each question. Please read and understand each question carefully, don't just skim part of it before answering.
3. Exam examples
The multiple-choice questions in CFA Level 1 exam are presented in two forms, namely:
(1) sentence+three unique answer options (A, B and C)
(2) Question+three unique answer options (A, B and C)
Cfa Level 1 Four-point Preparation Suggestion
1, listing the review schedule; CFA Association officially recommends 300 hours of review time+.
2. Comprehensive review of knowledge points; No matter whether you plan to enroll in a class or teach yourself, I suggest you review it at least twice. Friends who apply for classes, no matter which institution they apply for, are advised to watch the basic courses more than twice; For students who don't plan to study by themselves, for those who have passed the Grade One exam, if they don't have time, they don't have to read the original book, just read the notes twice.
3. Ask sea tactics and do more exercises; CFA exam or exam, you can't do without sea tactics, you must practice more. If you want to pass the exam, you must build on your proficiency in knowledge points and then practice the questions.
4. Make a knowledge frame diagram; The knowledge frame diagram is actually a summary of the notes you reviewed. As the saying goes, a good memory is not as good as bad writing. Whether in class or reading the original book for self-study, the review materials are very heavy, which makes it inconvenient to review reading at the final sprint.
What's the use of passing cfa level?
(1) Employment advantages
Candidates who have passed CFA Level I examination can do the following work:
Assistant fund manager, tax optimization, investment product analyst, corporate accountant, assistant securities analyst, asset allocation, junior stock analyst and so on.
(2) Reserve knowledge
Candidates who have passed the CFA Level 1 exam can also reserve the corresponding exam knowledge. For example, in the moral part, they can learn about the challenges of morality and related moral behaviors and the influence of morality and professionalism in the investment industry. In the economics section, they can learn about various concepts related to economics. In the alternative investment section, they can learn about hedge funds, private equity, real estate, commodities and infrastructure.