What will the exam cover?
CFA® Exam Topic Area
| Sr.# | Topic Area | Level I | Level II | Level III |
| 1 | Ethical and Professional Standards | 15-20% | 10-15 | 10-15 |
| 2 | Quantitative Methods | 8-12% | 5-10 | 0 |
| 3 | Economics | 8-12% | 5-10 | 5–10 |
| 4 | Financial Statement Analysis | 13-17% | 10–15 | 0 |
| 5 | Corporate Issuers | 8-12% | 5–10 | 0 |
| 6 | Equity Investments | 10-12% | 10–15 | 10–15 |
| 7 | Fixed Income | 10-12% | 10–15 | 15–20 |
| 8 | Derivatives | 5-8% | 5–10 | 5–10 |
| 9 | Alternative Investments | 5-8% | 5-10 | 5–10 |
| 10 | Portfolio Management and Wealth Planning | 5-8% | 10–15 | 35–40 |