CFA stands for Chartered Financial Analyst. It is a professional course offered by the US-based CFA Institute. The aim of this exam is to grant CFA charter to investment and financial professionals to help them further their career goals. It is one of the most demanding designations for investment professionals. The level 1 exam will be conducted in Computer Based Mode. It is a globally recognized professional credential in Financial Management and investment offered by CFA Institute.
The course is designed as the world’s most respected and recognized designation in investment management. The program involves a broad range of financial aspects including investment management, financial analysis, stocks, bonds, and derivatives. Exam pattern and level of complexity differ with each level of the exam.
To register for this exam, you will need to have a bachelor’s (or equivalent) degree or be in your final year of college, have four years of professional full-time work experience, or have a combination of professional work experience and education totaling 4 years. Now come to the study material.
If you are looking for free online exam study materials to understand the paper pattern and study, visit our website avatto.com. We have online practice questions with answers and have a bunch of previous year's online question papers. Apart from this, you'll also find the most important thing to boost your confidence level i.e Mock tests to improve your weak point and give chance to turn it into a positive point. You must have time to give Mock Test for this exam.
Candidates who pursue the course gain a broad knowledge of the investment industry which increases their probability of getting a high paying job. Industrialization and globalization are increasing the demand for CFAs in India. Candidates who want to have CFA institute certificate need to qualify in three levels of the examination conducted by Institute:
Important updates for the Level 1 exam:
This exam will be conducted from next year i.e the year 2021.
The CBT Level 1 will be held in four windows each year (February, May, August, and November).
Transitioned to computer-based testing (CBT). So here the first computer-based exam will be offered.
The CBT will be held in more locations (400+ locations globally).
Testing at home will not be an option.
The number of questions will be 180 instead of 240. Split into 2 equal sessions. Each section with 90 questions
Results would be faster than paper-based format (i.e. less than 60 days)
If got failed in this Level 1, the earliest you can retake the exam with a minimum of 6 months gap.
List of topics covered in CFA Level 1 are as follows:
Financial reporting analysis
Fixed income analysis
Portfolio management and wealth planning
How to prepare online for CFA Level 1 Exam:
Before going to online preparation, set your mind as this is your last chance to qualify for the exam. You will never be getting it after that. Remember, This exam demands substantial efforts so don’t leave a single effort from your side.
Use this” Prepare, Practice and Perform” methodology. We have designed online study material to help you in the online preparation for this exam. Here we have the following online preparation steps for the CFA Level 1 exam:
Download syllabus and divide your time on a priority basis so that you can give more time on your weak topics which have been included in the syllabus.
Find previous years' online question papers and practice questions for the preparation of the exam.
Participate in Online Mock Test to have an idea about the paper patterns and to convert weak points into strong points.
Don’t invite procrastination and lack of motivation while revising important study points. Revision is necessary.