The CFA® Program*

Structure
Fees (in U.S dollars)
Topic Area Weights
Pass Rates
 
Structure

At Level I, you will be asked basic knowledge and comprehension questions and must perform some analysis. The focus is on:
  • Tools and concepts that apply to investment valuation and portfolio management.
  • Basic concepts regarding securities and markets
  • CFA Institute Code of Ethics and Standards of Professional Conduct
Fees for June 2010 Exam (U.S dollars)
NEW CANDIDATES
Payment Deadlines 23-SEP-2009 17-FEB-2010: 17-MAR-2010
Program Enrollment* $400 $400 $480
Exam Registration $620 $710 $955
TOTAL $1020 $1,110 $1,435
RETURNING CANDIDIATES
Payment Deadlines 23-SEP-2009 17-FEB-2010 17-MAR-2010
Exam Registration $620 $710 $955
TOTAL $620 $710 $955
*Program Enrollment fee applies only to first time Level I candidates. Candidates reappearing Level I should pay just the Exam Registration fee as shown in the table for “Returning candidates”.
Topic Area Weights
TOPIC WEIGHTAGE
Ethics 15%
Quantitative Methods 12%
Economics 10%
Financial Reporting and Analysis 20%
Corporate Finance 8%
Equity Investments 10%
Fixed Income 12%
Derivatives 5%
Alternative Investments 3%
Portfolio Management 5%
 
Historical Pass Rates
YEAR PASS RATE
2009 June 46%
2008 December 35%
2008 June 35%
2007 December 39%
2007 June 40%
2006 December 39%
2006 June 40%
 
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