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Level 1 SchweserNotes & Quicksheet – Schweser. SchweserNotes are CFA exam prep books that are designed to help you retain information using a structured but easily digestible format. The books ...
The CFA Level 1 examination in May 2021 and July 2021 made news headlines after plummeting to a record-low pass rate of 25% and 22%, respectively, [12] [13] [14] and in August 2021, the level 2 pass rate fell to 29%. [15]
In 1962, the Chartered Financial Analyst (CFA) designation and code of conduct were established. In 1963, the profession was formalized when 284 candidates sat for the first CFA exam and 268 CFA charters were awarded. [9] [10] The following year, all 3 levels of the exam were administered to more than 1,700 candidates. [8]
The CFA Institute estimates that successful candidates spend approximately 300 hours studying per exam, and there’s only a 38 percent pass rate for the Level I.
The CFA Institute Research Challenge is an annual global competition in equity research hosted by the CFA Institute started in 2007. The competition provides university students with hands-on training and mentoring in financial analysis.
The CAIA Level II exam consists of 100 multiple-choice questions, plus three sets of constructed response (essay) questions. Candidates must apply the skills and knowledge from Level I to gain a deeper understanding of issues involved in each of the areas of alternative investments. The Level II curriculum covers nine topics, listed below.