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Get To Know About The CFA-Level-I Certification
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Posted On :
Apr-07-2015
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Article Word Count :
607
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Candidates that are in their final year of their undergraduate Programme can also apply. Basically those having the equivalent of four years of experience, it can also be a mixture of both professional experience and school experience
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The CFA (Chartered Financial Analyst) program is a three leveledCFA-Level-I Certification Exam which concerns itself with financial and investment analysts. The candidate that manages to clear all three levels is given the title of a ‘CFA Charter holder’. The companies who are the largest employers of chartered financial analysts are UBS, Bank of America, JP Morgan, Merrill Lynch and RBC and the scope of the CFA-Level-I Questions and Answers associated with this exam is very difficult.
Level 1 primary deals with the concepts and instruments you would be using to evaluate and manage investments. Here are four things that you should know about CFA Institute’s CFA Level I Chartered Financial Analyst certification:
1. Audience
The CFA credential program is one of the most recognized investment designations throughout the world. This exam is for people that want to hone in on their investment knowledge and build further on it. It is a standardized exam for any financial analyst that wants to do well and succeed in today’s ever-changing financial times. The CFA-Level-I Study Material is designed in such a way that it keeps this basic set of people in mind.
2. Exam Details
The total time for the exam is six hours. The total number of CFA-Level-I Exam Questions is two hundred and forty and the passing score varies annually but because of the degree of difficulty of the exam it is usually below fifty percent. The exam questions you will be presented with are of the multiple choices in nature. The exam usually happens twice a year in June and December. The exam results are usually given out to all the candidates within a sixty day time period.
3. Exam Pre-requisites and Preparation
Before you register for the CFA-Level-I Online Exam you need to at least have or have the equivalent of a Bachelor’s degree. Candidates that are in their final year of their undergraduate Programme can also apply. Basically those having the equivalent of four years of experience, it can also be a mixture of both professional experience and school experience.
In terms of preparation, there are numerous sources that provide complete training kits which contain the CFA-Level-I Study Material as well as sample questions to better understand the scope of the exam. The advantage of studying sample questions is that it gives you a fair idea of the questions and answers associated with the exam.
4. Aims and Objectives
The entire exam is divided into four parts, Investment Tools which has the highest grading and then Asset Classes, Ethical and Professional Standards and Portfolio Management and Wealth Planning (in order of highest to lowest).
In the Investment Tools section, the candidate’s knowledge on corporate finance, financial reporting and analysis, quantitative methods and economics will be tested. Furthermore, in the Asset Classes section, the candidate’s knowledge will be tested in areas such as alternative investments, derivatives, equity investments and fixed income.
Candidates will also be tested on the knowledge they possess about the ethical and professional standards that are required of Chartered Financial Analysts.
The CFA Institute CFA Level I Chartered Financial Analyst certification is one that requires a very high level of commitment and drive to excel in the area of financial investments. The self-study format of the CFA-Level1 Training Guides program is designed as such that the student is able to work at a full time job during their preparation of receiving the charter. Needless to say, that those candidates who receive high grades in the program get placed according to their levels of competitiveness in high earning positions in high-end companies.
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Article Source :
http://www.articleseen.com/Article_Get To Know About The CFA-Level-I Certification_315970.aspx
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Author Resource :
ExamCertify Provides a Wide Range of Computer Certifications in Terms of CFA-LEVEL-I E-Books and CFA-LEVEL-III Online Study.
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Keywords :
CFA-Level-I Training Guides , CFA-Level-I Test , CFA-Level-I Exams,
Category :
Computers
:
Computer Certification
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