The international financial analyst exam is held all over the world, and each candidate must complete three different levels of exams in turn. CFA qualification examination is conducted in English. Candidates should not only have financial knowledge, but also have good English reading ability.
CFA level (focusing on knowledge/understanding)
The first-level examination (multiple-choice questions) consists of 240 questions (morning and afternoon 120 questions), mainly focusing on tools and skills, including introduction to asset appraisal and securities management skills, and mainly examining candidates' tools and basic concepts in investment evaluation and management.
CFA level (focusing on evaluation/analysis)
Level 2 exam (objective questions) * * * has 120 multiple-choice questions (morning 10 cases, each with 6 small questions), focusing on asset appraisal, including the application of relevant tools and basic technologies (such as economics, accounting and numerical analysis), and mainly examining the ability of asset appraisal.
CFA Level 3 (focusing on integration/application)
Composition+multiple choice questions
CFA Level 3 exam morning composition, afternoon multiple-choice questions.
Focus on portfolio management, investment performance analysis and financial management. Candidates are required to be familiar with asset pricing and investment performance analysis, and be able to write investment reports independently. The examination form is to analyze the investment performance according to the requirements of the example and write the investment analysis report independently.